Cyprus-Citizenship By Investment

#Economic Citizenship #Citizenship by investment #Lowtaxation #Migration #Health

Are you planning to open an overseas company or apply for economic citizenship?

Here is your best choice !

''Cyprus is one of the EU member states with highest economic and social stability. It is known as the cleanest country in the Mediterranean region and at the same time, it enjoys a reputation as a "world class vacation paradise." In The Human Development Report 2011 released by the United Nations Development Program, Cyprus is ranked 31st among 187 countries in the world and is a country with high social development level''.

Credits: Nicolau Estates

· Project Introduction

According to the revised Investment Naturalization Act, which was newly announced by the Cypriot government in September 2016 and formally implemented on November 1st in the same year, investors can apply for naturalization in Cyprus through the following investment plans and receive an EU (Cyprus) passport: investment of at least 2 million euros by buying an existing property, or building a completely new one.

* The investment is free to dispose after 3 years, provided that a set of residential property (self-occupancy/rental) of at least 500,000 Euros is retained.

You can than hold a Cypriot passport and enjoy the right to live, work, study and travel freely in all EU countries.

With a Cypriot passport, you can enjoy visa-free access to 158 countries. Traveling with your permanent residence is more convenient. You can obtain visas from other countries quickly and at low cost, such as US visas. More business opportunities, facing the vast market of 500 million EU citizens directly.

https://en.wikipedia.org/wiki/Visa_requirements_for_Cypriot_citizens

Credits: cygreece

· Process

1. apply for business receipt (8 working days)

2. Immigration investigation, signing contract (6 days)

3. money, complete the purchase (30 days)

4. Prepare immigration information, submit, record fingerprints, obtain residence card (6-7 months)

5. Passport approved (1-2 days)

*The above time cut-off points are for reference only, there will be differences depending on the actual situation of the applicant

The tide of domestic immigration has intensified, and many wealthy people have moved abroad through investment and skilled migration to enjoy foreign welfare and living. At present, there are two kinds of immigration abroad. One is to take a green card, that is, a permanent visa. By obtaining a national green card, you can live in the country indefinitely. The other is to take a passport, that is, to acquire the nationality of the country and enjoy the country. Citizenship and all rights. In the green card community, the most famous country is Australia. In the passport industry, the most famous one is Cyprus.

Cypriot passport is well known in the field of wealthy people, and its gold content is undoubted. Only a single Cyprus passport is required. You can get 10 green cards from other countries. Today, immigration from China and Canada will give you a good introduction on why this passport is so useful.

The social welfare system in Cyprus are excellent and there are many kinds of welfare programs. They can be described as “full coverage” from birth to old-age pensions. Generally, it is divided into three categories: child-rearing benefits, family difficulties, and housing subsidies. These include: Maternity Benefits, Child Benefits, Family Allowances, Guardian Allowances, Single Parent Allowances, Child Support, Care Allowances, Income Supplements, Disability Living Allowances, Unemployed Suffering Benefits, Sick Leave Assistance, Social Insurance, Nursing Homes and Nursing Homes Allowances and more.

The quality of education is first-rate and far exceeds the average level in Europe.

Education

In terms of education, compared with other European countries, the education standards in the country are high, and many students in Cyprus have repeatedly won various awards in the world and Europe. Cyprus has the highest proportion of the total population in the total population in Europe. According to the latest official statistics, the national education investment in Cyprus is 6.3% of GDP, ranked 25th of 180 countries, which is higher than Italy, Spain, the United Kingdom, Germany, and Switzerland. The status of EU citizens is to enter the world-renowned elite schools in Britain, Germany, France and other countries with a lower admission threshold and lower learning costs and gain greater freedom in professional selection.

Credits: Uclan

Health

In terms of medical care, Cyprus medical care is higher than the European average, and it is recognized by the World Health Organization aligned with the level of the developed countries. On average, there is one general practitioner for every 480 people, and the medical level reaches the level of developed countries. A high standard of living, and making residents enjoy superior living conditions. Once you have acquired your identity, you can visit any public hospital in Cyprus for free and enjoy the same medical benefits as other residents.

The tax rate is the lowest in Europe, avoiding double taxation

Cyprus is a veritable tax haven and its taxes are very low. The country has signed agreements with 45 high taxation countries to avoid double taxation, including China. In Cyprus, there is no inheritance tax, no capital gains tax, enterprise income tax is 12.5% which is the lowest in Europe; Dividends, income from overseas resident agencies, income from securities sales, and inheritance taxes are tax exemptions! Dividends, interest, royalties paid by Cyprus, and most international trade are exempt from VAT, and are not deducted from income tax!

Food and long-life expectancy

Food safety in Cyprus is within the framework of EU regulatory standards and is very strict. Because Cyprus does not produce heavy industry, all water and soil are not contaminated, tap water can be directly consumed, and food is basically all original ecological food, safe and pollution-free. Cyprus maintains a Guinness record for the countries with the lowest incidence of gastro-intestinal diseases, with an average life expectancy of 77.3 years and a reputation for longevity. Clean drinking water, good weather conditions, pollution-free environment and original ecological foods are all important reasons for the health protection of the Cyprus people.

Credits: The Telegraph

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