2017 was a year of turbulence for the Chinese capital market. Faced with the rapidly changing domestic market situation, investors have experienced anxiety and confusion: should they continue to hold their ground in domestic investments or seek new outlets? The Financial Times' annual survey on Chinese household overseas investment shows that 56.8% of Chinese overseas investors indicated they would transfer more liquid capital abroad within the next two years. It is estimated that by 2020, the proportion of personal overseas asset allocation in China will rise to approximately 9.4%, with the new market scale reaching 13 trillion RMB. The diversification of global resources and the continuous flow of capital have provided domestic investors with new choices and opportunities, and seeking stable and long-term investment projects has become a priority for investors to consider.
On August 30, renowned economist Ma Guangyuan delivered a brilliant speech, putting forward his unique views on the investment direction for China over the next 10 years. He pointed out that the focus of real estate investment lies in three 20%s: "In the future, only 20% of real estate developers in China will survive, only 20% of cities have investment value, and only 20% of properties are worth purchasing." In the current chaotic Chinese investment market, it is difficult for investors to clarify their investment direction, which has led them to broaden their scope and turn to projects in Western countries to seek more reliable and secure investment opportunities.
As early as 2013, the "Belt and Road" initiative proposed by China greatly promoted political, economic, and cultural exchanges between China and Western countries. Many investors have shifted their focus westward, valuing the low entry barriers and rapid growth potential of Western projects. Cyprus, which maintains close ties with China, is one of the primary investment destinations.
Cyprus, a beautiful vacation paradise, attracts numerous tourists every year, and its relatively stable investment market and significant returns have also attracted many Chinese investors. Data from the Department of Lands and Surveys of Cyprus shows that from January to May this year, the number of land and property transactions was 2,311, a year-on-year increase of 17%. Limassol and Paphos saw the fastest growth, with year-on-year increases of 32.35% and 29.15%, respectively. So, what are the advantages of investing in Cyprus real estate?
Enjoy the generous benefits of EU citizenship
Invest 2 million Euros in real estate to obtain a passport in one step, immigrate quickly, and enjoy the generous benefits of EU citizenship. After immigrating to Cyprus, investors can use their EU passport to freely reside in any of the 27 EU member states (including France, Germany, Italy, etc.) and enjoy the various benefits of most European countries, selecting the world's highest-quality education and medical resources for their families. In addition, they have the right to travel freely to a total of 158 countries (including Commonwealth countries such as Canada and Australia) visa-free or with visa-on-arrival.
Significant appreciation potential in the real estate industry
The local real estate industry in Cyprus is mature and well-developed, with high-quality building construction, and all indicators such as energy, environmental protection, seismic resistance, and engineering meet EU standards. Real estate returns are quite substantial; according to the latest statistics, the net annual return on rental properties in Cyprus remains at around 3%. Furthermore, Cyprus has stable economic growth, a developed tourism industry, and the latest natural gas industry is also fueling economic growth. The rapid development of these other industries has greatly promoted the development of the real estate sector. The real estate market in Cyprus has now warmed up, and significant growth is expected in the future. Economic experts analyze that the appreciation potential of Cyprus real estate in the coming years is promising, with huge investment potential.
Children holding a Cyprus passport can apply to schools in any EU member state and enjoy the same treatment as local students
After obtaining a passport through a 2 million Euro real estate investment in Cyprus, children can enjoy 12 years of free public education, and private education is also available at the same tuition rates as locals. This not only saves a significant amount of education expenses for children but also allows for a seamless transition to British-style education, paving the way for their future studies in the UK and the US.
Low tax rates
The corporate income tax rate in Cyprus is only 12.5%, which is among the lowest in EU countries. Dividend income, profits from overseas permanent establishments, and gains from the sale of securities are tax-exempt. There is no withholding tax on dividends, interest, and royalties paid from Cyprus. Cyprus has completed the signing of double taxation avoidance agreements with 45 countries (including China). Cyprus has become an ideal choice for multinational corporations to conduct international tax planning and one of the most favored countries by international tax planners.
With the deepening cooperation between China and Cyprus and the continuous expansion and prosperity of the Cypriot market economy, future real estate returns are very promising. Immigrating to Cyprus through property investment not only allows you to enjoy a beautiful living environment but also brings good education and permanent residency rights for your children while gaining returns.
Cyprus passport application requirements:
1. The main applicant must be at least 18 years old;
2. No criminal record;
3. Purchase one or more properties in Cyprus totaling 2 million Euros (can be sold after three years, with only 500,000 Euros worth of residential property required to be retained).
Investors, their spouses, and economically dependent children under 28 can obtain citizenship. If the main applicant's parents purchase an additional residential property worth 500,000 Euros, they can also apply for Cyprus citizenship and become EU citizens.
For more project information, please call 400-138-2929 to contact WorldWay and consult with professional experts.