According to the WorldWay Immigration Group, on March 19, 2018, the European Union and the United Kingdom jointly announced a draft agreement regarding the transitional arrangements for the UK's "Brexit," indicating that the UK and the EU have reached a substantial consensus on the UK's "orderly exit." The transition period will last for 21 months and will end in December 2020.
From the agreement, it can be seen that during the transition period, citizens of any EU country can legally migrate to the United Kingdom, and individuals wishing to immigrate to the UK can obtain a UK passport after legally residing in the UK for five years. As a member of the EU, obtaining a Cyprus passport grants EU citizenship, allowing for the legal right to reside, study, and live freely in the UK, enjoying the same welfare benefits as those in the UK.
The conditions for applying for a Cyprus passport are quite simple: one must be at least 18 years old, have no criminal record, and invest in real estate in Cyprus exceeding 2 million euros. This allows the entire family, including parents and children, to obtain a Cyprus EU passport and enjoy a quality life. EU passport holders have the right to reside, work, and study freely in 31 European countries (including Germany, Italy, France, Finland, and 27 other EU countries, as well as Switzerland, Norway, Iceland, and Liechtenstein), enjoying the same welfare benefits as citizens in the 27 EU countries. Additionally, the property serves as a permanent deed that can be inherited, allowing for various benefits such as education, healthcare, and taxation.
Investors should seize the last opportunity to register in the UK as EU citizens and continue to enjoy UK benefits. The UK, as an important trading entity, economic powerhouse, and financial center, is the sixth-largest economy in the world and one of the wealthiest, most developed, and highest living standards countries globally. Furthermore, the UK is also one of the best and most authentic educational countries in the world. By investing in real estate in Cyprus exceeding 2 million euros, one can enjoy EU citizen benefits and use it as a perfect springboard to become a permanent resident of the UK. After meeting the residency requirements, one can further obtain a UK passport. Consultation hotline: 400-138-2929.
