Cyprus is the sunny island of the Mediterranean, the birthplace of Aphrodite, and a romantic country that many aspire to. The clear blue waters surround the plains and valleys of Cyprus, together with the majestic Olympus Mountain, creating a unique charm of the Mediterranean. The pleasant climate and diverse landscapes make Cyprus a sought-after tourist destination.
The picturesque Cyprus attracts many successful individuals to invest and immigrate here every year. Through the Cyprus Investment Citizenship Program, one can obtain a Cyprus EU passport for the entire family across three generations by purchasing property in Cyprus valued at €2 million or more, whether it is one property or multiple properties, enjoying the generous benefits of education, healthcare, and retirement in the EU.
Moreover, holding a Cyprus EU passport allows visa-free access to over 150 countries and regions worldwide, and one can travel freely within 32 European countries, including the 28 EU member states (such as the UK, Germany, Austria, Italy, France, Finland, etc.), the three members of the European Economic Area (Norway, Iceland, Liechtenstein), and Switzerland. This grants the benefits of EU citizenship! Meeting certain conditions can also facilitate immigration to multiple European countries.
At the beginning of 2019, a series of changes to the Cyprus Investment Citizenship Program emerged, with members of the European Parliament continuously proposing various drafts aimed at gradually abolishing all EU golden residence permits, including permanent residency and citizenship investment programs. In response to the pressure from the EU, the Cabinet of Cyprus officially announced the details of the new Cyprus Investment Citizenship Policy on February 26, 2019. According to the new regulations, after May 15, 2019, the cost of donations for investors applying for a Cyprus EU passport will increase by €150,000; if investors purchase properties that have already been used to apply for Cyprus investment projects (second-hand properties), the minimum investment amount will rise from €2 million to €2.5 million.
Today, we will discuss who needs to apply for a Cyprus EU passport quickly before the new regulations come into effect?
1. Businessmen Planning Global Expansion
Most of them are well-educated, proficient in English, and appreciate European culture, frequently traveling to Europe and even globally for work. After obtaining a Cyprus EU passport, they can travel freely to Europe and other business countries, planning global industry expansion and growing their business empire.
2. Parents Investing in Their Children’s Future Education
Many parents hope their children can receive better education at top overseas institutions, gaining an edge in future competition. By investing in immigration to Cyprus, they can immigrate first and then study, reducing high tuition fees while providing their children with the same opportunities to attend prestigious European universities as local students.
3. Successful Individuals Considering Retirement and Settlement
The Mediterranean climate is comfortable and pleasant, with guaranteed living conditions and food safety. Additionally, European countries offer superior welfare, making retirement, living, tourism, and healthcare impeccable. Obtaining a Cyprus EU passport allows for seamless travel throughout Europe.
4. Individuals Planning Tax Strategies for Asset Allocation
Cyprus has an advantageous tax system and is the third-largest offshore company registration location in the world, with no inheritance tax and no capital gains tax. The corporate income tax is also among the lowest in Europe, making it very beneficial for individuals planning tax strategies for asset allocation.
5. Individuals Seeking a Simple and Quick Way to Obtain European Identity
The Cyprus EU passport program has no language or educational requirements for applicants, and the process is simple and quick, with a short processing time, making it an ideal choice for quickly and easily obtaining EU identity.
The new Cyprus Investment Citizenship Policy will officially take effect on May 15, with only two months left in the window period. Considering the time required for document preparation, investors interested in immigrating to Cyprus should seize this opportunity! Submit applications before May 15, 2019, to benefit early!
As a pioneer in European investment immigration projects, WorldWay Immigration Group has maintained a good relationship with the Cyprus government for many years and has always been at the forefront of promoting Cyprus passport immigration: in 2011, it introduced the Cyprus investment program to China, starting an exciting journey of European investment immigration; in 2014, it successfully held the "Paphos Night" event in Beijing and Shanghai, which is an investment and cultural exchange event themed on European cities in China.
Currently, the project, copywriting, and customer service teams of WorldWay Immigration Group are working together to not only customize a complete immigration plan for investors but also to thoroughly prepare and oversee every key detail, assisting investors in seizing the policy window period to successfully immigrate to Cyprus!
Save €150,000 and enjoy a super lenient background check to 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.