According to reports, the American oil giant ExxonMobil has announced the discovery of significant offshore natural gas in Block 10 of Cyprus.
Based on preliminary data interpretation, this discovery could represent approximately 5 to 8 trillion cubic feet (142 to 227 billion cubic meters) of in-place natural gas resources. Further analysis will be required in the coming months to better understand the potential of this reserve.
This discovery is the largest natural gas find in the Exclusive Economic Zone (EEZ) of Cyprus to date, and one of the largest globally in the past two years.
As a nation with offshore natural gas fields, Cyprus possesses immense energy advantages that have attracted global energy giants to compete for development. In addition to ExxonMobil, companies such as Noble Energy (USA), Total (France), Qatar Petroleum, Eni (Italy), Delek Drilling, and KOGAS (South Korea) have all expressed optimism regarding energy development in Cyprus and have been granted licenses for exploration and extraction off the southern coast of Cyprus.
It is often said that energy is the lifeblood of a country's sustainable development. Cyprus's energy resources are poised to drive the country's economy to new heights, providing investors with greater room for growth.
Currently, through the Cyprus Investment Programme, investors only need to purchase at least 2 million Euros worth of real estate in Cyprus—whether a single property or multiple properties—to obtain permanent ownership of the property and participate in the Cyprus investment market. Furthermore, the entire family, including three generations, can quickly obtain a Cyprus EU passport in one step. This serves the dual purpose of global asset allocation and obtaining EU citizenship, which facilitates the expansion of business and international lifestyles in Europe, while allowing the whole family to enjoy generous EU benefits in education, healthcare, and retirement.
Holders of a Cyprus EU passport can not only travel visa-free to over 150 countries and regions worldwide, but also enjoy a "1=32" advantage! With one 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 European Economic Area member states (Norway, Iceland, Liechtenstein), and Switzerland—a total of 32 European countries—while enjoying the generous benefits of EU citizenship! By meeting certain conditions, you can also easily immigrate to multiple European countries.
Worldway Group kindly reminds you: According to the latest legislation for the Cyprus Investment Programme, after May 15, 2019, applicants for a Cyprus EU passport will be subject to an additional 150,000 Euro donation requirement. If an investor purchases a property that has already been used for a Cyprus investment project (resale property), the minimum investment amount will increase from the original 2 million Euros to 2.5 million Euros.
With just over two months left in the current window for the Cyprus Investment Programme, and considering the time required for document preparation, Worldway immigration experts advise that investors interested in immigrating to Cyprus should seize this opportunity! Submit your application before May 15, 2019, to benefit early!
As a pioneer in European investment immigration, Worldway Group has maintained a strong relationship with the Cyprus government for many years and has consistently led the industry in promoting Cyprus passport immigration. In 2011, we introduced the Cyprus Investment Programme to China, launching 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.
Currently, Worldway Group's project, documentation, and customer service teams are working together to not only customize a comprehensive immigration plan for investors but also to carefully prepare and oversee every key detail, helping investors seize the policy window to successfully immigrate to Cyprus!
Save at least 150,000 Euros + ultra-lenient background checks + quickly obtain a Cyprus EU passport/UK residency/Swiss residency. Now is the time to immigrate to Cyprus! For inquiries, please call: 400-138-2929.