It is well known that Cyprus is an island nation at the crossroads of Europe, Asia, and Africa, and is one of the most popular tourist destinations in the Mediterranean region. In recent years, an increasing number of investors have turned their attention to the European market, with Cyprus being a focal point due to its favorable investment policies and very relaxed immigration policies. After relocating, investors can not only enjoy the high welfare system in Europe but also provide their children with quality educational resources. More importantly, Cyprus has good investment prospects and great potential.
In the second quarter of 2018, Cyprus's economy grew by 3.9%
According to data released by the Cyprus Statistical Service, the GDP growth rate for Cyprus in the second quarter of 2018 was positive. Seasonally and working-day adjusted data indicates that the actual GDP growth rate in the second quarter of 2018 is estimated to have increased by 3.9% compared to the same period in 2017.
The number of visitors to Cyprus increased by 2.1%
According to a survey report released by the Cyprus Statistical Service, the number of visitors to Cyprus in August 2018 reached 534,847, an increase of 2.1% compared to 523,651 visitors in the same month last year, setting a record for the highest number of visitors in Cyprus's history.
From January to August 2018, the total number of visitors reached 2,719,622, an increase of 8% compared to 2,517,887 visitors in the same period of 2017. The number of visitors recorded in the first eight months of this year has already exceeded the total number of people in Cyprus.
In the second quarter of 2018, the Cyprus House Price Index rose by 1.2%
The Cyprus Statistical Service recently announced that the House Price Index for Cyprus in the second quarter of 2018 increased by 1.2% year-on-year. Preliminary estimates indicate that the House Price Index for the second quarter of 2018 was 103.98 units, an increase of 0.6% compared to the first quarter of 2018.
Meanwhile, the latest report on the Cyprus House Price Index (HPI) also shows that housing prices in Cyprus have increased by an average of 1.2% annually.
It can be seen that the continuous growth of the economy and tourists has also stimulated the real estate market in Cyprus, especially driven by the surge in European property immigration. Both the transaction volume and prices of properties in Cyprus are on the rise, making property investment in this area one of the well-known choices for investment in Europe.
Given the recovery of the Cypriot economy and the rising speed of the House Price Index, now is an excellent time to invest in Cyprus. For investors, it is essential to seize the opportunity, plan early, and strive to be visionary investors.
Currently, investing in Cyprus real estate valued at over 2 million euros (whether one property or multiple properties) not only grants permanent ownership of the property but also allows participation in the Cypriot real estate market investment, benefiting from the appreciation brought about by the economic upturn. Additionally, it provides the entire family with a high-value Cypriot EU passport, facilitating the expansion of business in Europe and the internationalization of the family lifestyle, while enjoying the generous education, healthcare, and pension benefits of the EU, achieving multiple benefits at once.
Investment immigration is a long and complex process, making it crucial to choose a legitimate and professional intermediary with good government relations! WorldWay Group, as one of Asia's top 500 brands, a leading institution in investment immigration, and a pioneer in Cyprus investment immigration, has maintained a good relationship with the Cypriot government for many years.
WorldWay Group ventured into Cyprus investment immigration as early as 2011, introducing the Cyprus investment immigration program to China and starting an exciting journey of European investment immigration. They also held the first large-scale European property exhibition themed on Europe, which swept through China; in 2014, WorldWay Group successfully hosted the first investment and cultural exchange event in China themed on European cities—"Paphos Night"—which caused a sensation in the industry.
Recently, WorldWay Group also hosted the first large European forum organized by a non-governmental organization in China—the 2018 China-Europe Trade and Investment Forum, attended by ambassadors, ministers, and counselors from 18 European countries, including Cyprus, creating a multi-dimensional and multi-value spectacular event! The successful holding of the forum once again confirms the professional brand strength of WorldWay Group and its position in the European investment immigration industry.
Investment is a choice; fools miss opportunities, wise individuals seize them, and the strong create them. Wise investment should focus on the future, seize opportunities, and act early to reap benefits. Investors interested in investing in Cyprus should quickly call the consultation hotline: 400-138-2929.