The International Monetary Fund (IMF) recently released a statement raising its economic forecasts for Cyprus for this year and next.
The report shows that Cyprus's GDP grew by 3.4% this year, with the 2018 GDP estimate adjusted to 2.6%. The report states that the Cypriot economy has achieved a remarkable turnaround, which is undoubtedly great news for investors. A favorable economic and fiscal outlook will infinitely extend the investment potential of Cyprus.
Cyprus is hailed as a traveler's paradise and is one of the most popular tourist destinations in the Mediterranean. Currently, visitors to Cyprus are not limited to Europeans; an increasing number of tourists from the Middle East, Egypt, North America, and mainland China are emerging. Furthermore, with the opening of several direct flights between China and Cyprus, it is certain that more Chinese citizens will come to the island for tourism and investment in the future.
Stable economic growth and a developed tourism industry have boosted the local real estate market. According to data, the occupancy rate of hotels in Cyprus has reached 96%. Popular property types include safe, convenient, and well-equipped beachfront properties, as well as luxury apartments in high-end communities. This also reflects that the Cypriot real estate market has recovered, with housing demand continuing to rise and significant growth expected in the future.
In the future, Cypriot real estate will have significant appreciation potential, and now is an excellent, unmissable opportunity to invest in property. Purchasing property in Cyprus also allows for immigration to the country, enabling you to enjoy high-quality European Union social benefits. High-net-worth individuals can also reasonably avoid CRS and achieve global asset allocation—a move with multiple benefits!
Application Requirements
18 years of age or older
No criminal record
Invest 2 million euros in real estate to quickly obtain EU status
Program Advantages
1. One person invests, the whole family is approved; obtain a full family EU passport in one step, with visa-free access to over 150 countries and regions worldwide.
2. 1=31: Holding a Cypriot passport allows you to freely live, work, and study in 31 European countries (including 27 EU member states such as Germany, Italy, and France, as well as Switzerland, Norway, Iceland, and Liechtenstein), and enjoy the same welfare benefits as citizens in the 27 EU countries.
3. Permanent title deeds; properties can be inherited.
4. Retain your mainland household registration (hukou) without affecting your career and life in the mainland.
5. Commonwealth education system, with credits recognized by most European and American countries.
6. Preferential tax system; a world-class offshore tax haven.
As Worldway Group celebrates its 20th anniversary, to thank new and old clients for their support and trust over the past 20 years, we are launching the "Worldway Group 20th Anniversary, Grateful Celebration with Comprehensive Rewards" campaign from now until November 12, 2017. During the campaign, Worldway Group is offering numerous major discounts to share the joy with investors. For more details, please call the Worldway Immigration Group toll-free hotline: 400-138-2929.
