As we enter 2014, the European economy has reached a turning point, with several countries receiving upgrades from authoritative rating agencies. Among them, Moody's has upgraded Cyprus's sovereign credit rating from Caa3, boosting the confidence of investors considering immigration to Cyprus.
It is reported that Moody's has changed the outlook for Cyprus's Caa3 sovereign credit rating from "stable" to "positive," and the deposit rating outlook for three local banks in Cyprus has been upgraded from negative to positive. This rating adjustment further indicates that the impact of the European debt crisis on the Cypriot economy is diminishing, and signs of economic recovery in Cyprus are beginning to emerge.
The best investment period for any investment project is at the bottom of a U-shaped curve. However, while bottoms are common, seizing the opportunity is not. Experts from WorldWay Immigration indicate that now is a once-in-a-lifetime investment opportunity for property immigration in Cyprus. Property prices in Cyprus have recently fallen to their lowest point, the immigration policy is cost-effective, EU citizenship is approved quickly, and the Cypriot economy is slowly recovering. All these favorable conditions combined promote the sustained popularity of investment immigration to Cyprus.
Recently, the amendment to the Cyprus Citizenship by Investment Program was announced, and WorldWay Immigration promptly communicated this news to domestic investors. The plan stipulates that applications submitted by June 1 can enjoy a policy where each family purchases property worth €2.5 million, with the option to sell €2 million worth of property after three years. The Cyprus Citizenship by Investment policy can be approved in as little as three months, granting the entire family EU citizenship passports. Cyprus allows its citizens to hold dual nationality, and obtaining an EU passport is equivalent to acquiring 100% EU residency status. Holding a passport from any one country grants permission to work and reside in the other 27 countries. Regardless of which EU member state, one can enjoy citizenship rights, benefits, education, healthcare, unemployment programs, and pensions in the host country.
As Cyprus President Nicos Anastasiades stated: "The new year will mark the beginning of our country's recovery." 2014 is set to be a year of economic recovery and a surge in investment immigration for Cyprus. WorldWay Immigration exclusively recommends the best investment portfolio in Cyprus, featuring prime locations, perfectly designed properties, and comprehensive facilities. Experts from WorldWay Immigration emphasize the importance of seizing the current best citizenship policy to quickly obtain EU status for the entire family; time is of the essence.
WorldWay Immigration Guangzhou Investment Immigration Consultation Day
Date: May 9, 2014 (Saturday) 10:00-16:00)
