Worldway Group News: According to Cypriot President Nicos Anastasiades, the government plans to invest 125 million euros (138 million USD) to implement several infrastructure projects in Limassol, Cyprus. As early as June this year, according to a report by Phileleftheros, direct flights between Cyprus and China could become a reality by the end of the year. It is understood from Shanghai General Airlines that this positive development will officially launch in the golden month of October. This will provide greater convenience for Chinese citizens, whether for tourism or immigration investment in Cyprus.
[Cyprus Infrastructure Construction]
Projects currently planned or to be implemented by the government before the end of 2015 include dredging to expand the Limassol port terminal and the construction of a waste recycling center. The Cypriot government will invest 3.8 million euros (4.2 million USD) in road and breakwater construction in Yermasoyia, 825,000 euros (909,400 USD) for road projects in Ayios Athanasios, and 1.5 million euros (1.7 million USD) for projects in Ypsonas.
Other public projects the government plans to invest in include a new fire station in Limassol (5.8 million euros, approximately 6.4 million USD), a wastewater treatment plant in western Limassol (36.7 million euros, approximately 40.5 million USD), and a 4.7 million euro (5.2 million USD) household and public waste treatment center located in Vati.
In this regard, 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 now allows for the acquisition of over 10,000 square meters of land, which is an excellent project for obtaining an EU passport. Compared to traditional real estate investment, land investment has the following advantages: low costs, no high taxes on land ownership; 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 passport program currently being promoted by Worldway Group allows the entire family to obtain a Cyprus passport—which is an EU passport—in one step within three months by investing no less than 2.5 million euros in real estate. Holding an EU passport allows you to freely reside in any of the 28 EU countries and enjoy the national treatment of those 28 countries. At that time, you may choose to live in countries such as the UK, France, Germany, or Italy. Regardless of which country you reside in, you can enjoy all the citizenship benefits of that country, including top-tier medical care, elite education, child benefits, pensions, business opportunities, and favorable tax systems. For Cyprus immigration inquiries, call 400-138-2929.