Worldway Comprehensive News: The year 2015 marked a surge in overseas investment by Chinese individuals. An increasing number of people are beginning to globalize their asset allocation. Immigration investment is often the primary form of personal investment; it is through immigration investment that subsequent investments occur. The Cyprus EU passport is highly sought after due to its substantial value. Today, let us explore the eight charms of Cyprus.
1. Superior Geographical Location
Cyprus is located at the crossroads of Asia, Europe, and Africa, and serves as a hub for maritime and shipping activities. With the future direct flights between China and Cyprus, seamless connections will be achievable in 7 hours.
2. Future Energy Empire
With the discovery of 12 oil and gas fields in southern Cyprus, an increasing number of countries are vying for extraction rights, including the United States, France, Russia, Italy, South Korea, and Israel. According to official data, the reserves of these oil and gas fields could supply all of Europe for nearly 200 years. Cyprus is set to become the Dubai of Europe.
3. Cultural Capital of Europe
The city of Paphos in Cyprus is the birthplace of the Greek goddess of love and beauty, Aphrodite, boasting a history of over 2300 years. It is largely considered the origin of Cyprus's rich cultural heritage. UNESCO has listed the entire town as a World Heritage site, and it has been designated as the European Capital of Culture for 2017, with cultural activities planned throughout the year in Paphos. Additionally, countless domestic and international tourists visit Cyprus every year.
4. Lowest Tax Rates in Europe
Cyprus has no inheritance tax, the lowest tax rates in Europe, and avoids double taxation. All taxes are very low, and agreements to avoid double taxation have been signed with over 50 countries, including China. In Cyprus, the corporate income tax is only 12.5%, the lowest among European countries, and the special tax rate for pensions is just 5%. Moreover, there is no inheritance tax in Cyprus, making it a true tax haven that allows for generational wealth transfer.
5. Dual Citizenship Recognition, No Immigration Monitoring
Cyprus immigration applicants only need to land once every two years.
6. Schengen Country by 2016
Cyprus signed the Schengen Agreement in 2007 and announced a delay in implementation in 2011. Cyprus is scheduled to implement the Schengen Agreement in 2016.
7. High-Quality Education, Free Education for Up to 12 Years
Cyprus offers up to 12 years of free British-style education. Among individuals aged 25-34 with a university degree, Cyprus has a rate of 47.5%, far exceeding the EU average of 32.3%.
8. High English Proficiency Rate
Cyprus has the third highest English proficiency rate in Europe. According to the official EU Commission document "European And Their Languages", we can visually see the English proficiency rates across the 28 EU countries.
Apart from English-speaking countries like the United Kingdom and Ireland, the Netherlands ranks first with 90%, followed by Sweden and Denmark at 86%. Cyprus ranks third with 73%, alongside Austria; Germany at 56%; Greece at 51%; Italy at 34%; Portugal at 27%; Hungary at 26%; and Spain at 22%.
Worldway immigration experts state that obtaining an EU passport through investment in Cyprus can be achieved by purchasing land. Investing in land real estate offers several advantages over traditional property investments: lower costs, ownership of land without high taxes; easier resale after three years; the option to sell land to developers for construction or to the next investor; land requires no management, making it more hassle-free; and the choice to create a luxury estate or build multiple villas for rental.
Investing in immigration to Cyprus not only has a low threshold for immigration applications but also provides flexibility for investors who wish to "immigrate without residing". It greatly facilitates children's education, allows for enjoying high welfare benefits in the EU, and provides convenient overseas listing pathways for high-net-worth individuals. For more details, please consult 400-138-2929
