Worldway Group News: According to overseas media reports, Cyprus and other Mediterranean EU member states have proposed in the "2014-2020 Mediterranean Transnational Cooperation Framework" to jointly promote regional high-tech and sustainable economic development. According to relevant statements, the European Commission has adopted this plan, with an estimated total budget of 275 million euros, of which 224 million euros will come from the European Regional Development Fund (ERDF).
As one of the 28 EU member states, Cyprus is showing a steady trend of economic recovery. At the end of 2014, Chrystalla Georghadji, Governor of the Central Bank of Cyprus, stated that Cyprus would return to economic growth in 2015. This initiative to jointly promote regional high-tech and sustainable economic development will further help Cyprus attract more immigrant investors.
[Beautiful Scenery of Cyprus]
Due to its beautiful natural environment and cultural landscape, Cyprus has become a popular tourist destination for travelers from around the world. Approximately 2.4 million tourists visit Cyprus for vacations every year, and many popular local tourism projects offer unique charm throughout all four seasons.
In addition, it has been discovered that there are approximately 1.2 to 1.4 billion barrels of oil reserves at a depth of about 7,500 meters below the seabed in Block 12 of the Cyprus Exclusive Economic Zone (EEZ). This discovery will also greatly boost the economic development of Cyprus.
Now is a great opportunity for investment immigration to Cyprus. Worldway Group's European immigration experts state that investing 2.5 million euros in Cyprus today allows one to own over 10,000 square meters of land, making it an excellent project for obtaining an EU passport. Compared to traditional real estate investment, land investment has the following advantages: low costs, with no high taxes to pay for owning land; easier to sell after three years; the land can be sold to developers for construction or to the next investor; land requires no maintenance, making it more worry-free; and one can choose to build their own luxury estate or construct multiple villas for rent.
The Cyprus EU Passport Program can be described as a true fast track for European immigration for investors intending to enter the EU. It eliminates, in one step, various obstacles to naturalization such as strict "immigration jail" residency requirements, long waiting periods, and language tests for citizenship, allowing for the acquisition of a highly valuable EU passport at a relatively fast speed. For EU passport application inquiries, please call: 400-138-2929
