Ms. Linda, General Manager of WorldWay, read the "Shanghai Declaration".
As the trend of European real estate investment immigration gains momentum in China, various real estate exhibitions and online platforms are heavily advertising with slogans such as "Direct sales from developers, eliminating intermediaries", "Buy a house and receive a green card", and "No service fees", attracting public attention. However, Chinese investors often lack overseas investment experience, making it difficult to avoid investment traps and risks.
On the morning of March 15, the only organizer of the European Pavilion at the Shanghai Real Estate Exhibition, WorldWay Immigration Agency, jointly issued a declaration of integrity with Cypriot developers, lawyers, and other European exhibitors, aiming to provide standardized and high-quality real estate and immigration services for Chinese investors, ensuring a smooth path for their real estate investment immigration.
Following the release of the "Shanghai Declaration", it attracted widespread media attention and reporting, sparking discussions and reflections within the industry. Subsequently, several European real estate developers contacted WorldWay, expressing their willingness to adhere to the contents of the "Shanghai Declaration" and hoping to become strategic partners with WorldWay to jointly regulate the European immigration market.
"Buying property overseas is not like in China; once problems arise, we can only turn to domestic immigration companies. Our greatest fear is that they exploit legal loopholes with developers, which is our biggest concern. The release of this declaration of integrity truly resonates with us," said Mr. Li, an attending investor.
Immigration is a significant matter that tests the conscience and responsibility of intermediary enterprises. The emergence of the "Shanghai Declaration" signifies the establishment of the first ethical industry standard in the immigration sector, creating a favorable investment environment for investors and promoting the healthy and orderly development of the European immigration market. It also sends a clarion call for integrity across the entire industry. Currently, the Shanghai Declaration has become the code of ethics jointly adhered to by well-known real estate developers in Cyprus.
