Worldway Shanghai reports: At the invitation of the President of Worldway Group, Mr. Lazaros Omirou, Chairman of the International Affairs Committee of the Paphos Municipal Council in Cyprus, along with Mr. George Shailis, Municipal Commissioner, Mr. Yiannis Anthis, Head of the International Affairs Department of the Mayor's Office, and Mr. Andreas Demetriades, President of the Paphos Chamber of Commerce, traveled a long distance to attend the "Beijing • Shanghai Paphos Night" event jointly organized by Worldway Group and the Paphos Parliament of Cyprus. Before the event in Shanghai commenced, the Cyprus parliamentary delegation first visited the Worldway Shanghai office located in the Lujiazui Financial District of Shanghai. Dr. Xing, President of Worldway Group, and Ms. Linda, General Manager of Worldway Shanghai, warmly welcomed the delegation members and conducted in-depth discussions with them in the conference room of the Worldway Shanghai office.
Mr. Lazaros Omirou, Chairman of the International Affairs Committee of the Paphos Municipal Council, expressed during the meeting that Worldway Group has made outstanding contributions to the economic and trade exchanges and investments between China and Cyprus over the long term, and is a very valuable strategic partner for Paphos and Cyprus. Mr. Lazaros Omirou sincerely thanked Worldway on behalf of the Paphos Parliament for this and expressed willingness to provide optimal support and assistance for the promotion of Worldway's related projects in Cyprus. Mr. Lazaros Omirou also stated that the Paphos government has made strengthening relationships with China and the Chinese people an important work objective. In the past few years, Paphos has welcomed a large number of Chinese citizens who have chosen to settle in Paphos, some of whom have already become citizens of Paphos.
Following that, Mr. Andreas Demetriades, President of the Paphos Chamber of Commerce, also spoke at the meeting, expressing gratitude to Worldway Group for its outstanding contributions in introducing investors to Paphos. Mr. Andreas Demetriades, on behalf of the Paphos Chamber of Commerce, expressed a willingness to provide comprehensive business support services for Worldway Group's clients, including but not limited to legal, financial, and tax guidance. At the same time, Mr. Andreas Demetriades hoped that this "Paphos Night" event would open a new chapter for the friendly future between China and Cyprus.
During the pleasant and relaxed discussions, Dr. Xing, President of Worldway, also introduced the growth and development of Worldway Group, as well as the current market situation and prospects for overseas investments and real estate investments by Chinese investors. Dr. Xing's speech received frequent nods of agreement and praise from the delegation members, with both sides optimistic about the market for China-Cyprus investments. Since March 28, 2014, when the Cyprus government announced amendments to legislation allowing foreign investors to become citizens of Cyprus, thus gaining EU citizenship through naturalization with unprecedented low investment, it has become a favorable opportunity for acquiring EU citizenship. It means that non-EU citizens only need to purchase properties worth 2.5 million euros or 3 million euros to obtain citizenship for their entire family in Cyprus. This represents an unprecedented good time for obtaining EU citizenship, and it is believed that the "Paphos Night" event jointly hosted by the Cyprus Parliament and Worldway Group will open a new era for EU citizenship in the Chinese market.
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