At the Beijing Property Expo that opened on April 11, more than a dozen Cyprus and Portugal property developers participated jointly with Starryland Immigration Agency, occupying nearly 50 booths. They promoted slogans such as "The Key to Opening the Door to Europe," "High Cost-Performance Ready-to-move-in Properties," "Cyprus Branch of Prestigious British Universities," and "Expo Property Purchase/Booking Discounts," attracting a large number of investors and becoming the biggest highlight of the overseas exhibition area.
Recently, Cyprus, which has been making headlines due to the banking crisis, is no stranger to many Chinese investors. With its warm and comfortable Mediterranean climate, unique geographical location, advanced infrastructure and services, high-quality and low-cost lifestyle, high-standard healthcare system, international British-style education, and excellent public safety with an extremely low crime rate, it has always been an immigration destination yearned for by Chinese investors.
Since Cyprus relaxed its immigration policy in early 2012, the "most open immigration policy," which allows the entire family to obtain permanent residency within 2 months by purchasing 300,000 euros worth of property with no immigration supervision requirements, has received increasing attention from Chinese investors, leaping to become the most convenient way to step into Europe and an immigration paradise for investors.
However, besides the environment and welfare, the main reason for the vast majority of investors to immigrate is for their children's education. At this property expo, the booth of the University of Central Lancashire (UCLAN) Cyprus branch, a prestigious British media university on par with Cambridge and Oxford, was surrounded by Chinese investors who conducted detailed consultations regarding admission requirements, curriculum settings, and diploma issuance.
Starryland is the only immigration agency that has established its own customer service system in Cyprus. Starryland customer service staff stated that Cyprus was once a British colony and is one of the countries in Europe with a relatively good English-speaking environment. It also offers 12 years of free compulsory education, and the degree of internationalization in education is very high. Many well-known British universities have established branches or joint programs locally. Some implement a 2+2 academic system, where after completing two years of study, students can go to British universities for further studies and receive a degree from a British university upon graduation.
Ms. Wang, who plans to visit Cyprus for inspection in the near future, visited several Cyprus property developers after leaving the Starryland European Immigration Consulting Center. Ms. Wang stated: "The developers brought rare, high-cost-performance ready-to-move-in properties this time, and now should be a good time to buy at the bottom. Buying a property to immigrate to Cyprus now not only allows for quickly obtaining permanent residency for the whole family and convenient travel around the world; the property prices are also cheap, and they come with exquisite renovations, furniture, and appliances. The 5-year rental guarantee income also makes me very satisfied. In addition, the Cyprus deposit tax turmoil will not have any impact on our assets. The immigration requirement to open a 30,000 euro deposit account does not even reach the threshold for the deposit tax."
