As the economy gets back on track and the real estate market gradually warms up, Cyprus has become an emerging destination for immigration investment, attracting the attention of investors.
Since 2016, Cyprus investment immigration has consistently seen favorable developments. In 2016, the economic growth rate of Cyprus reached 2.7%, ranking among the top in the Eurozone. In addition to the positive economic outlook, the continuous introduction of favorable domestic investment policies in Cyprus has provided a sound investment environment for foreign capital.
The "Belt and Road" Summit Forum will be held in Beijing from May 14th to May 15th. With the continuous deepening of the "Belt and Road" strategic cooperation between China and Cyprus, exchanges between the two governments have become increasingly close, and private capital is no exception. Recently, the Chinese company Dahua Intelligence acquired 100% equity of the Cyprus-based Star Track company for 500 million RMB, obtaining the operating rights for three of the company's satellite orbits; Cyprus-based Cobalt Air, invested in and established by Joy Air under AVIC, officially began operations in July last year, and direct flights between China and Cyprus are expected to launch in the second half of this year.
Through the efforts of all parties, the economic and trade relations between China and Cyprus have become increasingly close, and the economic development of both sides is improving. The "Belt and Road" initiative has provided an excellent opportunity for the economic development of Cyprus. At the same time, both the government and the private sector in Cyprus are very eager for Chinese enterprises to enter Cyprus and hope that Chinese investors will come to explore the country.
As immigration gradually becomes a form of investment, Cyprus property-purchase immigration is increasingly favored by Chinese investors. Since Cyprus real estate is currently in a bottom-fishing period and property prices are not high, investing in Cyprus real estate not only allows for immigration but also offers advantages such as permanent property rights and high returns on investment, making it deeply popular among Chinese investors. It is reported that in 2016, there were 1,183 real estate transaction records by foreign citizens in Cyprus, of which 627 were in Paphos, a southwestern coastal city favored by the Chinese. Chinese investors have become the main force in the country's real estate investment.
Worldway Group immigration experts state that under the attraction of Cyprus's improving economic and investment environment, and with the support of the "Belt and Road" strategy driving Chinese capital into Cyprus, the Cyprus real estate market has emerged from its slump and is showing an upward trend. Last year, the country's real estate transaction volume grew by 17%, and its future appreciation potential is limitless. Now is the perfect time to bottom-fish in the Cyprus real estate market.
It is worth mentioning that as the UnionPay card payment channel for overseas investment is about to close, investors can still use UnionPay cards to directly purchase Cyprus real estate before June 1st. Therefore, investors considering Cyprus should not miss this perfect opportunity for immigration investment in the next half month or so.
The exclusive Cyprus 99 Luxurious Mediterranean Estates fast-track citizenship program, launched by Worldway Group, is custom-tailored for distinguished clients like you. By investing just 2 million euros in real estate, you can quickly obtain Cyprus investment immigration status and enjoy the generous benefits of EU citizenship.
Worldway Group is now launching the "US Investment Immigration 11th Anniversary Celebration Month" event. During the event, signing up for Cyprus investment immigration will entitle you to significant discounts. In addition, there are many seminars on overseas life, education, and tax sharing waiting for you! For more details, please consult the Worldway Group immigration hotline: 400-138-2929.
