Worldway Comprehensive News: With the arrival of 2015 as the year of overseas investment for China, the strong purchasing power of Chinese individuals has been greatly recognized in the international market. Worldway immigration experts state that the euro exchange rate has significantly dropped, reaching a low of 6.6. As the euro depreciates, Chinese investors are increasingly enthusiastic about investing in Europe. Especially during this period of euro depreciation, global asset allocation can ensure the appreciation and preservation of wealth. This has made EU passports highly favored by investors; however, many high-net-worth individuals know very little about them. Let us educate you on this topic.
【Cyprus Seaside】
What is an "EU Passport"?
An EU passport is a collective term for the passports of EU member countries. There are a total of 28 member states in the European Union, and holding a passport from any one of these countries grants permission to work and reside in the other 27 countries. The European Union itself does not issue passports, but the passports issued by the 28 member states share common design standards, including a burgundy cover, with the words "European Union" inscribed in various languages (previously "European Community" before 1997), adopting the same security measures and all being biometric passports. These countries' passports are collectively referred to as EU passports.
Which countries are EU member states?
The European Union, abbreviated as EU, is headquartered in Brussels, the capital of Belgium. It has developed from the European Community (also known as the European Common Market, abbreviated as EC) and is a regional integration organization that combines political and economic entities, having significant influence in the world. Its aim is to "promote the balanced development of the economy and society of member states by establishing a space without internal borders, strengthening economic and social coordination, and ultimately implementing a monetary union with a unified currency." The union currently has 28 member states and 24 official languages.
Currently, the EU has 28 member states: Austria, Belgium, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.
What is the identity of an "EU Citizen"?
The concept of EU citizenship was formally introduced by the Maastricht Treaty in 1992, which stipulates in Article 8.1 that every individual holding citizenship of any EU member state is an EU citizen. The 500 million EU citizens enjoy the benefits and rights provided by the EU, such as freedom of movement, access to educational resources, work environments, and healthcare.
What are the benefits of an "EU Passport"?
Obtaining an EU passport is akin to holding a ticket to the world, allowing visa-free or visa-on-arrival access to 157 countries. You can ski and hike in Canada, visit koalas in Australia, stargaze in New Zealand, and enjoy cherry blossoms in Japan. With a simple decision, holding an EU passport means you can travel freely. An EU passport allows you to reside freely in the 28 EU countries, enjoying the same rights as citizens of those countries. You can choose from wealthy EU nations such as the United Kingdom, France, Germany, and Italy. Regardless of which country you reside in, you can enjoy all the benefits available to citizens, including top-notch healthcare, premier education, child benefits, pensions, business opportunities, and favorable tax systems, making it an excellent shortcut for Chinese investors to establish their second home in Europe.
How to Obtain an EU Passport?
Currently, the popular EU passport program in the market is the Cyprus Citizenship by Investment Program, where investors only need to purchase real estate worth at least 2.5 million euros to obtain a Cyprus passport, which is also an EU passport, for the entire family in just a few months. Worldway's European immigration experts state that investing 2.5 million euros in Cyprus can secure over 10,000 square meters of land, making it a great project for obtaining an EU passport. Compared to traditional real estate investments, investing in land has the following advantages: lower costs, no high taxes for land ownership; easier to sell after three years, as the land can be sold to developers for construction or to the next investor; land requires no maintenance, making it more worry-free. You can choose to build your own luxury estate or construct multiple villas for rental.
To celebrate the launch of the 2015 Overseas Investment Year and to thank our new and old clients, Worldway Investment Immigration Group is grandly launching the "Worldway April Discount Month" event. The discount period is from April 1, 2015, to April 30, 2015. For more information, please call 400-138-2929.
