According to documents exposed by the Qatari national television station, Al Jazeera, over the past two to three years, more than 500 prominent high-net-worth individuals from China have obtained Cyprus EU passports through the Cyprus Investment Programme. This includes the head of Country Garden, who has a net worth of $20.3 billion and ranked sixth on the Forbes 2020 list of the world's wealthiest women.
With so many immigration destinations on the market, why are the wealthy so keen on immigrating to Cyprus?
2020 World's Fifth Safest Country
Based on data related to pandemics, basic health conditions, air quality, and violence, Switzerland tops the list of the world's ten safest countries, followed by Singapore, with Cyprus ranking fifth in the world.
EU Country with a High Proportion of Higher Education
A study by Eurostat found that the proportion of Cypriot citizens receiving higher education is among the highest in EU countries. According to the data, in 2017, more than half (55.8%) of Cypriot citizens aged 30 to 34 had completed higher education, the second-highest proportion in the EU, second only to Lithuania (58.0%). This proportion is significantly higher than the 46% target set by the EU. If you obtain a Cyprus passport, you can not only study at local universities but also in other EU member states and enjoy the study benefits of local EU students.
Ranked High Among the World's Best Healthcare Countries
The World Health Organization (WHO) released its ranking of the world's best healthcare countries in May 2020. This report sampled 191 countries. The overall ranking was derived from a weighted average of five indicators for each country: health, health inequality, responsiveness level, responsiveness distribution, and fair financing. Cyprus ranked 24th in the world.
Low Taxes and Friendly Investment Environment in Cyprus
Cyprus is one of the countries with the lowest taxes in the EU, with no inheritance tax, no gift tax, no global taxation, and a corporate tax rate of only 12.5%. Furthermore, it has signed double taxation avoidance treaties with many countries, including China, attracting numerous foreign investment companies to register on the island.
High Passport Value, 1=31
As a member of the EU and the Commonwealth, the Cyprus passport is a combination of Commonwealth and EU passports. Holding this passport not only allows visa-free access to more than 160 countries and regions, but also offers a 1=31 advantage! This means that holding a Cyprus passport allows you to freely move, work, reside, and study in any of the 27 EU member states (including Germany, Austria, Italy, France, Finland, etc.), 3 European Economic Area member states (Norway, Iceland, Liechtenstein), and Switzerland, totaling 31 European countries. You can also enjoy the generous benefits of EU citizenship in EU countries.
At the same time, Cyprus's accession to the Schengen Area has received preliminary approval from the EU. As a country expected to become one of the few that integrates EU membership, Eurozone membership, Commonwealth membership, and Schengen Area membership, the value of its status is self-evident.
The "Dubai + Las Vegas" of Europe
In recent years, natural gas fields have been discovered in Cyprus. Currently, the proven natural gas reserves are sufficient for the island nation and Europe, attracting a large number of energy companies to set up operations. In addition, Melco International has built a large-scale integrated casino resort in Cyprus—the "City of Dreams Mediterranean" plus four satellite casinos. It is believed that once fully operational, it will become the "Las Vegas" of Europe, attracting numerous international tourists, boosting the local economy, employment, and real estate sales and leasing!
As an EU member state, Cyprus has a unique geographical location, situated at the intersection of Europe, Asia, and Africa, with a highly important strategic position. Visionary wealthy individuals and investors have already discovered this European investment paradise. By choosing to invest and immigrate to Cyprus, you can establish a foothold in Cyprus and expand your business into the EU market as well as the North African and Middle Eastern markets. What are you waiting for?
Currently, through the Cyprus Investment Programme, investors can purchase properties in Cyprus starting from 2 million euros (whether one or multiple properties) and donate 200,000 euros to apply for a Cyprus EU passport for three generations of their family. While enjoying Cyprus's superior tax system, you can also enjoy the benefits of global travel convenience brought by its passport, achieving a win-win for both wealth and status.
Worldway Group, one of the top 500 Asian brands, has maintained a good relationship with the Cyprus government for many years. In 2011, it was the first to introduce the Cyprus permanent residency and citizenship by investment program to China, starting a wonderful journey of European investment immigration. In 2014, the "Paphos Night" events in Beijing and Shanghai were the first investment and cultural exchange activities in China themed around a European city.
2020 Health Planning Year! Health planning, status first. For more details, please call our hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798.
Some materials in this article are sourced from the internet, and the copyright belongs to the original author. If there are any copyright issues, please contact the original author and us for removal. 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.