Worldway Comprehensive Report: According to the latest official statistics from Cyprus, the total real estate sales in Cyprus for the year 2014 saw a significant increase compared to 2013. Driven by the surge in immigration through property purchases in Cyprus, Worldway's senior immigration experts predict that this growth will continue into 2015. For investors, Cyprus is expected to become a "hot cake" in the future. Therefore, those interested in investing in Cyprus immigration should seize the opportunity and act early.
According to the official statistics released by the Cyprus Land Registry, the number of property sales increased from 3,767 units in 2013 to 4,527 units in 2014, representing a year-on-year growth of 20%. Of the total 4,527 properties sold, 3,334 were purchased by locals, while the remaining 1,193 were bought by overseas investors. Among the overseas purchases, a significant portion was made through investment in the Cyprus EU passport program.
【2013-2014 Cyprus Property Sales Contract Numbers】
Applicants for the Cyprus passport program only need to purchase property worth over 2.5 million euros to obtain the Cyprus passport, which is an EU passport, for the entire family within three months. Worldway immigration experts state that holding an EU passport allows you to freely reside in the 28 EU countries and enjoy the same benefits as citizens of those countries. At that time, countries such as the United Kingdom, France, Germany, and Italy will be at your disposal. Regardless of which country you reside in, you can enjoy all the benefits available to citizens, including top-notch healthcare, premium education, child allowances, pensions, commercial space, and favorable tax systems. Therefore, among overseas investors, a majority are investing in the EU passport program, indicating that the popularity of the passport program remains high and is well-received by investors.
Investing in immigration to Cyprus provides investors with the flexibility of "immigrating without residing," greatly facilitating their children's education, enjoying high welfare benefits in the EU, and offering convenient overseas listing pathways for high-net-worth individuals. In this era that emphasizes global layout, possessing an EU passport has become a symbol of status and identity. With the rising sales of real estate in Cyprus, those looking to invest in immigration should act early.
