Worldway Comprehensive Report: According to official data from Cyprus, the GDP of the EU member state grew by 1.5% in the first quarter of this year, marking the first positive growth for the country in nearly four years. The positive signals from the Cypriot economy and its stable, sustained development have stimulated greater investment interest from investors and consortiums. This not only brings more security to investments but also ensures better returns, thereby boosting investment immigration.
【Cyprus Oil and Gas Fields】
Previous forecasts indicated that Cyprus's GDP for the first quarter of this year might be 1.6%. In the fourth quarter of 2014, the GDP growth rate was -0.4%. The Statistical Service of Cyprus stated that the positive economic growth in the first quarter of this year ended the country's difficult period of 14 consecutive quarters of negative growth. Data released by the Statistical Service of Cyprus shows that sectors including hotels, trade, restaurants, electricity, and communications all exhibited positive growth.
In this regard, now is a great opportunity for investment immigration to Cyprus. Worldway European immigration experts state that investing 2.5 million Euros in Cyprus now 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, investing in land has the following advantages: low costs, as owning land does not require high taxes; it is easier to sell after three years; 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 provides a true fast track for European immigration for investors intending to enter the EU. It eliminates various naturalization obstacles such as strict residency requirements, long waiting periods, and language proficiency tests in one step, allowing for the rapid acquisition of a highly valuable EU passport. For details, please call 400-138-2929