Worldway Group Comprehensive News: Recently, according to the latest rating report released by the Canadian rating agency DBRS, the company has upgraded Cyprus's long-term foreign and local currency issuer ratings from "B (low)" to "B," with a "stable" outlook for all ratings. DBRS believes that strong fiscal performance and signs of economic stabilization and recovery will help Cyprus attract more capital inflows. Worldway immigration experts state that as the economic growth of Cyprus stabilizes, many Chinese investors are achieving their goals of cross-border wealth allocation and appreciation through estate investment immigration.
[Cyprus Estate]
Cyprus President Implements Preferential Tax System, Benefiting Real Estate Investment
The Canadian rating agency DBRS believes that improvements in fiscal management, debt, and liquidity are the primary drivers for the country's rating upgrade. To boost the Cypriot economy, the President of Cyprus has announced a series of tax reduction measures. These include halving real estate transfer fees; exempting capital gains tax on property purchases made before the end of 2016; and consolidating local and central government real estate taxes, with a 0.1% levy based on the 2013 valuation of the property. This means that the tax costs for immigrating to Cyprus by purchasing real estate such as estate land will be lower, which will attract more capital for investment.
Worldway Group Exclusively Launches Cyprus Estates, Favored by Investment Immigrants
Currently, the Cypriot economy has achieved sustained growth, and it is predicted that there will be higher growth rates in 2016. Choosing Cyprus estate-type real estate for investment immigration is a good option for wealth appreciation and global allocation, and is therefore 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 EU passports 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, investing 2.5 million Euros in Cyprus allows one to own a 30-mu 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 continuously innovates and improves, maintains good relationships with various governments, and acts as an industry pioneer. Worldway Group now exclusively offers 99 luxurious Mediterranean estates for investors to choose from. Choosing estate investment allows for global asset allocation, can be passed down for generations, and provides EU passports for the whole family, fulfilling your desire to live in Europe. For details, please consult: 400-138-2929