According to the Statistical Service of Cyprus (CYSTAT), the number of job vacancies in Cyprus grew by 11% in the first quarter of this year compared to the fourth quarter of 2017, amid an upward economic trend.
Among these, the sectors with the highest growth rates were administrative and support service activities, with a growth rate of 3.2%, and the hospitality industry, with a growth rate of 3.1%.
As the economy of Cyprus trends upward, its real estate has become a "hot commodity" in the eyes of investors with an international perspective. Driven by the boom in European property investment immigration, the transaction volume of Cyprus real estate continues to rise.
Investing over 2 million euros in Cyprus real estate not only secures a property with permanent ownership but also allows the entire family across three generations to quickly obtain a Cyprus EU passport in one step, enjoying numerous benefits:
Enjoy the generous benefits of EU citizenship
1=32. By holding a Cyprus EU passport, you can freely move, work, and reside in any of the 28 EU member states (including the UK, Germany, Austria, Italy, France, Finland, etc.), the 3 member states of the European Economic Area (Norway, Iceland, Liechtenstein), and Switzerland—a total of 32 European countries. Enjoy the generous benefits of EU citizenship, 1=32!!!
Children can enjoy excellent educational resources
After obtaining a Cyprus EU passport through a 2 million euro property investment, children can enjoy 12 years of free public education. For private education, they can also enjoy the same tuition fee standards as local residents. This not only saves a significant amount of education expenses for your children but also provides a seamless transition to British-style education, paving the way for their future studies in the UK and the US.
Tax Haven
As one of the countries with the lowest taxes in the EU, it attracts more foreign investment companies to register on the island. Cyprus is also one of the countries with the lowest tax rates in the EU, with no inheritance tax, no gift tax, no global taxation, and a corporate tax rate of only 12.5%. It has signed double taxation avoidance treaties with more than 40 countries, including China, attracting foreign companies from all over the world to set up operations.
Medical and Pension Security
By immigrating to Cyprus, you can enjoy corresponding medical benefits as an EU citizen. Furthermore, in Cyprus, as long as you reside for at least 183 days per year, you can receive a national pension upon reaching retirement age. Investing in Cyprus immigration means securing an insurance policy for your future retirement.
Worldway Group—The Pioneer and Leader of the Cyprus EU Passport Program
In 2011, we were the first to introduce the Cyprus property investment immigration program to China, opening a wonderful journey of European investment immigration.
In 2014, we successfully hosted the "Paphos Night" event in Beijing and Shanghai, which was the first investment and cultural exchange event in China themed around a European city.
Choose Worldway for your Cyprus EU passport application, and make your immigration journey easier!
For more details, please consult: 400-138-2929.