Cyprus, located at the crossroads of Asia, Europe, and Africa, is one of the most popular tourist destinations in the Mediterranean region! In recent years, more and more investors have turned their attention to the European market. Among them, the significant development potential of the Cypriot real estate market has attracted the attention of numerous investors, and it is particularly sought after by Chinese investors!
Recently, major news regarding Chinese investors has emerged from Limassol, Cyprus! According to Cypriot news reports, Chinese investors have spent 30 million euros to purchase 31,171 m² of mixed-use development land in Limassol! The plot extends from Franklin Roosevelt Avenue to the coastal area of Karnagio, located between the new and old ports of Limassol. Notably, the Limassol Municipality is currently revising its city center plan, which includes the Karnagio area! It is reported that the new owners are planning a large-scale integrated development project for the area, which includes three 35-story towers, as well as commercial and leisure developments.
Limassol, a Popular Investment Destination in Cyprus
Limassol is a modern coastal city located on the southern coast of Cyprus, adjacent to Akrotiri Bay. With its beautiful scenery, it was once named one of the world's top three popular tourist destinations by TripAdvisor. According to a survey by the consulting firm Mercer, Limassol has successfully been ranked among the top 100 cities in the world for quality of life!
As the second-largest city in Cyprus by population, Limassol is the economic center of the country. It possesses the largest port in Cyprus and boasts a developed economy, diverse industries, and a vibrant atmosphere! In recent years, more and more Chinese investors have been flocking to this city! According to a research report by PwC, a total of 15,800 property purchase contracts were registered with the Department of Lands and Surveys across Cyprus last year, with a total transaction value of 4.2 billion euros, and Limassol ranked first in the number of property transactions!
In addition, the largest integrated casino resort in the European Union—City of Dreams Mediterranean—will be established here. It is expected to be fully operational by 2021 and will drive the development of many industries, including tourism, hospitality, and real estate. This city, full of vitality and opportunity, has become one of the most popular investment regions in Cyprus!
Currently, the Limassol Golf Integrated Resort project, introduced to investors by Worldway Group in collaboration with a powerful Cypriot developer, is located in the Limassol region of Cyprus. It is an equity buyback immigration project suitable for those investing through purchasing, establishing, or participating in a Cypriot enterprise, and it is also one of the most popular projects on the market! By investing 2 million euros to subscribe to the project's equity, while also purchasing at least 500,000 euros in Cypriot real estate and donating 150,000 euros, three generations of a family can apply for and obtain a Cypriot EU passport!
Through the Cyprus Investment Programme, by purchasing at least 2 million euros in real estate and donating 150,000 euros, three generations of a family can quickly obtain a Cypriot EU passport! Holding a Cypriot EU passport not only allows visa-free travel to more than 150 countries and regions worldwide, but also offers a 1=32 advantage!!! This means that holders of a Cypriot EU passport can freely move, work, and reside in all 28 EU member states (including the UK, Germany, Austria, Italy, France, Finland, etc.), as well as the 3 member states of the European Economic Area (Norway, Iceland, Liechtenstein) and Switzerland—a total of 32 European countries. They can also enjoy the generous benefits of EU citizenship in EU countries and, upon meeting certain conditions, can easily immigrate to multiple European countries.
Immigration is a long-term endeavor, and choosing a formal and professional immigration agency is crucial! Worldway Group, one of the Top 500 Asian Brands, was the first to introduce the Cyprus Permanent Residency and Citizenship by Investment programs to China in 2011, embarking on a brilliant journey of European investment immigration. In 2014, the "Paphos Night" events held in Beijing and Shanghai were the first investment and cultural exchange events in China themed around a European city! For more details regarding Cyprus investment immigration, please call: 400-138-2929
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*The above information is for reference only and does not serve as a basis for investment. Investment involves risks, and choices should be made with caution.*