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Cyprus
Good News: IMF Raises Economic Growth Forecast for Cyprus!
In a recent statement, the International Monetary Fund (IMF) raised its economic forecasts for Cyprus for this year and next. The report shows that Cyprus's GDP grew by 3.4% this year, with the 2018 GDP estimate adjusted to 2.6%. The report states that the Cypriot economy has achieved a remarkable turnaround, which is undoubtedly great news for investors. A favorable economic and fiscal outlook will extend the investment potential of Cyprus...
Strong Economic Recovery in Cyprus, Favorable Climate for Investment Immigration
The Minister of Finance of Cyprus recently announced that the Cyprus Institute of Neurology and Genetics (CING) has signed a loan agreement worth 26 million euros with the European Investment Bank (EIB) to upgrade the former's research equipment.
What items are restricted when entering Cyprus as an immigrant?
With the opening of the Cyprus investment immigration policy, the number of people applying for Cyprus immigration has been increasing in recent years. Many investors are very concerned about what items are prohibited when entering Cyprus. This issue is actually quite simple. Worldway Immigration experts are here to answer your questions about what cannot be brought into Cyprus, ensuring you have no doubts on your immigration journey.
Foreign Property Buyers in Cyprus Increased by 34% in August, Significant Appreciation Potential for Real Estate Investment
According to the Cyprus Department of Lands and Surveys, the number of foreign property buyers in Cyprus in August increased by 34% compared to the same period in 2016. The Department of Lands and Surveys stated that the number of non-Cypriot nationals purchasing property in Cyprus grew by 4.2% in the first eight months of this year.
Own a Cyprus EU Passport and Let Your Wealth Sleep Soundly!
Recently, the Organisation for Economic Co-operation and Development (OECD) released a tax report during the G20 summit, which further demands increased transparency in tax-related information for financial accounts. Following the release of this report, many high-net-worth individuals in China are concerned that their offshore assets may be exposed at any time. Tax residency planning for overseas investors has now become urgent; therefore, opening accounts or conducting overseas investments using a foreign identity is...
Cyprus August Real Estate Sales Increase by 27% Amid Investment Immigration Boom
Total real estate sales in Cyprus for the first eight months of 2017 reached 4,921 units, a 20% year-on-year increase compared to 4,088 units during the same period last year. Among these, Limassol and Paphos saw rapid growth in real estate sales. As of August, real estate sales in Paphos rose from 986 units last year to 1,243 units, representing a 26% year-on-year increase.
Cyprus Immigration: Calling for Chinese Cuisine, Open a Chinese Restaurant in a Paradise Abroad
Perhaps in a quiet corner, running a small shop is a dream for many. Recently, the popularity of the variety show "Chinese Restaurant" has revived this ideal and hope. Five celebrities, Zhao Wei, Huang Xiaoming, Zhang Liang, Zhou Dongyu, and Jin Mengjia, started from scratch and operated a Chinese restaurant on the beach of Koh Chang in Thailand for 20 days. This overseas Chinese restaurant not only showcases Chinese cuisine to tourists against a beautiful backdrop but also conveys a leisurely and pleasant lifestyle, achieving multiple benefits.
The domestic UnionPay card channel for overseas property purchases is about to officially close. What will happen to overseas investments?
As foreign exchange controls become increasingly strict, some overseas property investment immigration projects, such as the Cyprus property investment immigration and Portugal property investment immigration, have been favored by investors due to the ability to make direct purchases using UnionPay cards domestically.
2017 World's Healthiest Countries Ranking Released: Guess Who Ranked 18th?
According to the latest Bloomberg Global Health Index, after comparing 163 countries, Cyprus ranked 18th with a health score of 89.17 (out of 100) due to its clean water and air, healthy dietary habits, and optimistic life attitude!
The Medical Benefits of Cyprus Are Surprisingly Good
Amid the growing wave of immigration in our country, Cyprus has unknowingly become a popular destination for investment immigration. In addition to its beautiful natural environment, advanced education system, and favorable investment climate, what other advantages does Cyprus have to attract so many investment immigrants? High-quality medical services are an important factor that cannot be overlooked.
Former Chairman of the International Affairs Committee of Paphos, Cyprus, Visits WorldWay
On February 23, Mr. Lazaros Omirou, former Chairman of the International Affairs Committee of Paphos, Cyprus, and former Municipal Councilor of Paphos, visited the WorldWay Group. He held a friendly meeting with Dr. Winner Xing, Chairman of WorldWay, and highly praised the achievements WorldWay has made in the investment immigration industry in Paphos and throughout Cyprus, as well as the professional quality of its team. Furthermore, he discussed the economic development of Cyprus and...
The New York Times Lists Cyprus as a Must-Visit Destination in 2017
As the new year begins, are you preparing new travel plans? Recently, The New York Times published a list of "52 Places to Go in 2017," and Cyprus made the list, recognized for its "Cultural and Culinary Renaissance of the Mediterranean Island."