According to the latest news from Worldway Group, the processing time for Cyprus investment immigration is expected to be shortened from the previous 6–10 months to within 2 months for obtaining permanent residency.
Since December 2011, when Cyprus opened its doors to investment immigration for Chinese citizens, this program has been highly welcomed by investors because it allows them to obtain permanent residency in an EU country through the purchase of residential property—an investment method familiar to Chinese investors—with a processing cycle of 6–10 months.
Cyprus House President Mr. Omirou in a cordial meeting with Worldway Group President Dr. Winner Xing
On July 25, Cyprus House President Omirou, the country's second-highest-ranking official, met with the visiting senior delegation from Worldway Group, who were invited once again. When Dr. Winner Xing reiterated the request to accelerate the approval of investment immigration applications, House President Omirou was pleased to state that he had communicated with the Minister of Interior and that the processing time for investment immigration would be shortened to no more than two months, with implementation expected to begin in September of this year. Worldway Group President Dr. Winner Xing remarked on the spot that the introduction of this measure would make Cyprus investment immigration even more attractive.
It is reported that Worldway Group is the only immigration agency in China to have established a local customer service center in Cyprus, responsible for the entire process of client reception, handling property purchase procedures, and providing follow-up landing services.
Cyprus House President Mr. Omirou and Worldway Group President Dr. Winner Xing posing for a photo