According to statistics, the economic crisis in Cyprus since 2009 has been largely reversed, with economic growth finally appearing, and European authoritative institutions generally believe that the recovery has exceeded expectations. In response to this economic crisis, the Cyprus government has implemented an investment immigration program since 2009, and in March of this year, a new immigration and citizenship policy was announced through a cabinet meeting, shortening the time for citizenship acquisition. Investors can quickly obtain citizenship through three forms and acquire an EU passport:
1. Submit applications before June 1, apply in groups of seven, purchase real estate worth €2 million per family, plus a net worth of €500,000 for a permanent residence;
2. After June 1, apply in groups of five, purchase real estate worth €2.5 million per family, plus a net worth of €500,000 for a permanent residence;
3. Individual application, purchase real estate worth €5 million per family, plus a net worth of €500,000 for a permanent residence.
Cyprus is an EU country, and having the nationality of one of the EU member states means obtaining an EU passport. Holding an EU passport equates to obtaining permission to work and reside in 27 other countries, allowing access to citizenship rights, welfare, education, healthcare, unemployment programs, and pensions in the host country.
WorldWay, as a renowned investment immigration agency that pioneered the promotion of the Cyprus project in China, has established its own independent customer service center in Europe and provides comprehensive property management and real estate management services for clients. For the Cyprus passport project, it is responsible for "grouping" clients for property purchases, and after three years, some properties can be sold, with a full refund of the purchase price if unsuccessful.
At the same time, WorldWay maintains close ties with Cypriot officials to secure the fastest policy updates and the greatest benefits for clients. In April of this year, Dr. Winner Xing, President of WorldWay, was warmly received by the current President of Cyprus, Mr. Nicos Anastasiades, at the Presidential Palace, and discussed the "Cyprus Special Citizenship Program." This marks the second time since the meeting with former President Demetris Christofias on August 11, 2012, that WorldWay has been personally received by the President of Cyprus; it is also the highest honor for a Chinese immigration agency to be officially received by a European government.
The improvement of the Cypriot economy will provide immigrants with a more favorable living environment, and the introduction of new policies makes investment immigration even more attractive. The Cyprus passport project is a rare immigration opportunity, and WorldWay Investment Immigration Agency advises investors with immigration plans to seize the opportunity and register as soon as possible.
Consultation hotline: 400-138-2929
