Worldway Comprehensive News; According to official news from Cyprus, the total sales of real estate in Cyprus in 2014 achieved the first growth since 2010, and authoritative agencies predict that this growth will continue into 2015. Among the sales, overseas investors contributed nearly one-third of the sales volume, indicating the popularity of the Cyprus EU passport program. Driven by the surge in property purchases for immigration to Cyprus, the island will become a "hot cake" for investors in the future. Therefore, those interested in investing in Cyprus immigration should seize the opportunity and plan early.
【Cyprus Real Estate】
According to official statistics released by the Land Registry, real estate sales in 2014 recorded the first year-on-year growth since 2010. Compared to 2013, the sales volume increased from 3,767 units to 4,527 units, a year-on-year increase of 20%. Statistics show that out of the total 4,527 properties sold, 3,334 were purchased by locals, while the remaining 1,193 were bought by overseas investors.
In the Cyprus property purchase immigration policy, the passport program is more favored. Applicants only need to purchase real estate worth over 2.5 million euros, and within three months, the entire family can obtain the Cyprus passport, which is an EU passport. Worldway immigration experts state that holding an EU passport allows you to freely reside in 28 EU countries, enjoying the same treatment as citizens of those countries. At that time, countries such as the United Kingdom, France, Germany, and Italy will be at your choice. Regardless of which country you reside in, you can enjoy all the benefits of citizenship, including top-notch healthcare, premium education, child allowances, pensions, commercial space, and favorable tax systems. Therefore, among overseas investors, most are investing in the EU passport program, indicating that the popularity of the passport program remains high and is well-received by investors.
Worldway immigration experts state that investing in land real estate has the following advantages compared to traditional real estate investments: low cost, owning land without paying high taxes; easier to sell after three years; can sell the land to developers for construction or to the next investor; land requires no management, making it more worry-free; can choose to build your own luxury estate or multiple villas for rent.
Investing in immigration to Cyprus not only has a low threshold for immigration applications, providing flexibility for investors who wish to "immigrate without residing," but also brings great convenience for children's education, enjoying high welfare benefits in the EU, and providing convenient overseas listing channels for high-net-worth individuals' career development. In this era that emphasizes global layout, holding an EU passport has become a symbol of status and identity.
