Worldway Group Comprehensive News: According to recent reports from Cypriot media, data from the Cyprus Department of Lands and Surveys shows that the number of real estate transactions in Cyprus in November 2015 increased by 21% compared to the same period last year, reaching 446 transactions. The primary reason for this is the significant growth in sales in cities such as Paphos, driven by increasing overseas demand. As the Cypriot economy maintains stable growth, many Chinese investors are achieving their goals of cross-border wealth allocation and appreciation through estate investment immigration.
To boost the economy and attract foreign capital for real estate investment, the President of Cyprus has announced a series of tax reduction measures. These include halving property transfer fees; exempting capital gains tax on property purchases made before the end of 2016; and consolidating local and central government property taxes, with a 0.1% levy based on the 2013 valuation of the property, among other incentives. This means that purchasing real estate such as estate land for immigration to Cyprus will result in lower tax costs, which will attract more capital for investment.
Worldway Group Exclusively Launches 99 Mediterranean Estates, Favored by Investment Immigrants
Currently, the Cypriot economy has achieved sustained growth, and it is predicted that there will be even higher growth in 2016. Choosing Cyprus estate-type real estate for investment immigration is an excellent option for wealth appreciation and global allocation, which is why it is favored by Chinese investors. Cyprus is a wealthy Mediterranean country with scarce land resources, rapid appreciation, and high investment returns. Furthermore, by purchasing estate property, one can obtain an EU passport for the whole family. Therefore, investing in real estate such as Cyprus estates offers high cost-effectiveness. With the current strong economic growth, market demand for land has further intensified. Today, by investing 2.5 million Euros in Cyprus, one can own a 30-acre estate and obtain an EU passport. This is currently an excellent project for investment immigration to Cyprus to obtain an EU passport.
As a leading institution for European investment immigration in China, Worldway Group is constantly innovating and improving, maintaining good relationships with various governments, and acting as an industry pioneer. Worldway Group now exclusively offers 99 luxurious Mediterranean estates for investors to choose from. By choosing estate investment, you can achieve global asset allocation, ensure multi-generational wealth transfer, and obtain an EU passport for your entire family, fulfilling your desire to live in Europe. For more details, please call: 400-138-2929