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Cyprus Real Estate
Cyprus GDP Achieves Comprehensive and Sustained Growth, Investment Immigration Benefits Abound
According to data released by Eurostat, seasonally adjusted GDP in the Eurozone (EA19) and the European Union (EU28) increased by 0.6% in the third quarter of 2017; Cyprus GDP rose by 0.9% compared to the previous quarter.
Immigrating to Cyprus: A Safe Country for Young People
According to a report by The Guardian on August 21, the World Health Organization recently released a report indicating that violence, preventable diseases, and traffic accidents are the main reasons for the widening gap in youth mortality rates between developed and developing countries. For young people aged 15 to 29, Cyprus, with a youth mortality rate of 21 per 100,000 among 184 surveyed countries, has been rated as a safe country for young people to live in. …
The New Energy Gateway to Europe: Cyprus's Investment Potential Soars
According to the Cyprus Mail on November 5, the fifth energy seminar was held on November 1 in Nicosia, with the theme "Cyprus: The New Energy Gateway to Europe." Attendees included President Anastasiades, Speaker of the House Syllouris, and Minister of Energy, Commerce and Industry Yiorgos Lakkotrypis. Experts discussed Cyprus's energy policy and the trends in the international energy market, suggesting that Cyprus has the potential to play a key role in the development of energy in Europe, and that energy could also serve as a catalyst for resolving the Cyprus issue.
Cyprus Shows Strong Growth, Committed to Becoming a World-Class Business and Investment Destination
According to a report by the Cyprus Mail on November 13, President Nicos Anastasiades stated that the government is committed to building the island into a world-class business and investment destination. Currently, Cyprus remains a highly competitive WorldWay, providing a convenient platform for corporate operations and access to markets in Europe, the Middle East, North Africa, and Asia. The government is focusing on attracting investors to sectors that enhance the workforce...
UK Prime Minister Pledges to Protect Rights of EU Residents Post-Brexit; Time to Secure a Cyprus Passport
The UK government recently announced that the United Kingdom will withdraw from the European Union at midnight on March 29, 2019, and stated that this specific Brexit date will be enshrined in law. It is reported that after the UK submitted its formal application to leave the EU, approximately 3.2 million EU citizens living in the UK felt concerned about their future. However, there is no need to worry anymore; UK Prime Minister Theresa May has confirmed that until the UK officially and fully exits the EU, EU citizens residing in the UK will continue to enjoy the same rights to live, study, work, and conduct business as they do now...
Cyprus Ranks Among the Best in WorldWay Environment, Favorable Outlook for Investment Immigration
In a recent survey of 183 countries by the World Bank's Ease of Doing Business report, Cyprus ranked 40th. Its status as a regional business hub has gained international recognition, making it an ideal base for enterprises to conduct business across Europe, Asia, the Middle East, and Africa.
Cyprus Tourist Arrivals Reached 3.6 Million in 2017, Investment Immigration Gains Attention!
Angelos Loizou, Chairman of the Cyprus Tourism Organization (CTO), stated that the number of tourists visiting Cyprus in 2017 exceeded 3.6 million. He emphasized that the surge in tourist numbers has presented greater demands and challenges for the island's tourism industry, particularly in terms of accommodation.
Major News for Investment Immigration! Cyprus to Launch Direct Flights with China
According to relevant reports, Cobalt Air of Cyprus is expected to launch direct flights between China and Cyprus from both Beijing and Shenzhen in early 2018. Once established, Cyprus will become the European country with the shortest flight time from China.
Cyprus Economic Recovery, Rising Housing Prices, Early Investment for Early Profit
The Central Bank of Cyprus indicates that the rate of increase in housing prices, both quarter-on-quarter and year-on-year, as well as its role in other economic indicators, clearly reflects that the Cypriot real estate sector has 'reclaimed its territory'. Coupled with the gradual recovery of the overall economy of Cyprus, confidence in this sector is continually strengthening, creating a promising outlook for more consumer demand.
Cyprus Achieves Three Consecutive Quarters of Economic Growth in 2017: Why Wait to Invest and Immigrate?
According to the latest forecasts from the Statistical Service of Cyprus (Cystat), the Cypriot economy grew by 3.8% year-on-year from July to September, with a quarter-on-quarter growth of 0.9%. A statement published on the website indicated that, after seasonal adjustment, Cyprus's economic output in the third quarter grew by 3.9%, remaining consistent with the second quarter. Investing in real estate in Cyprus, a country with a continuously growing economy, is one of the best choices. As Cyprus...
New VAT Regulations in Cyprus: Act Now for Investment Immigration!
On November 3, 2017, the House of Representatives of Cyprus voted to amend the VAT law: starting from January 2, 2018, the purchase of residential land in Cyprus will be subject to a 19% VAT. Previously, purchasing land in Cyprus only required a transfer fee, with no VAT applicable. (Note: Agricultural land is not subject to this new legislation.)
Cyprus Passport: The Perfect Stepping Stone to Becoming a UK Permanent Resident!
Following the UK's submission of its Brexit application, approximately 3.2 million EU citizens in the UK are concerned about their future. Due to the early general election called by Theresa May and the resulting hung parliament, the UK has made various compromises regarding Brexit. To regain the initiative in Brexit negotiations, Theresa May has proposed allowing EU citizens to remain in the UK after Brexit and obtain UK permanent residency.