Cyprus, an island nation located at the crossroads of Europe and Asia in the eastern Mediterranean, is also one of the popular tourist destinations in the Mediterranean region. In recent years, it has gained favor among high-net-worth individuals from China due to its unique advantages, becoming one of the popular destinations for overseas investment immigration. So, what exactly makes Cyprus immigration appealing?
With a passport in hand, travel the world freely
With a Cyprus passport, you can truly achieve "world travel at your convenience." You can travel to over 160 countries and regions without a visa, making it a true "passport to the world!" Cyprus is a member of the European Union and also a Commonwealth country, allowing visa-free access to the UK for 90 days even after Brexit.
A tax haven
Europe is one of the regions with relatively cost-effective tax rates. The corporate income tax in Cyprus is only 12.5%, and the special tax rate for pensions is just 5%.
Additionally, Cyprus has signed double taxation avoidance agreements with 45 countries (high-tax countries);
Dividends, income from permanent establishments abroad, capital gains, and inheritance tax are exempt from taxation;
Dividends, interest, royalties paid by Cyprus, and most WorldWay are exempt from value-added tax and not subject to withholding tax;
As of January 1, 2017, property tax has been abolished.
Top-tier educational resources
Children can enjoy Commonwealth education that meets EU standards and can receive advanced higher education in EU countries, allowing them to benefit from world-class education and laying a solid foundation for future success. They can also enjoy the benefits of the EU education system, such as free university education in Germany.
Overseas property immigration and real estate investment have always been favored investment methods among Chinese investors: now purchasing property in Cyprus not only allows the whole family to obtain EU passports, but also offers significant appreciation potential for properties in prime coastal areas. Investors can purchase properties worth 2 million euros and quickly become EU citizens without waiting, making it one of the most cost-effective and fastest immigration methods in Europe today. For more immigration information, please call: 400-138-2929
