Cyprus: Why Invest in Cyprus.!
- An EU Member, with Euro “€” as its official currency.
- Strategic location, Europe’s Middle Eastern Outpost.
- 330 days of sunshine, blue flag beaches and picturesque landscapes.
- Most secure place to live in and travel to in Europe.
- Excellent public and private healthcare services.
- Efficient legal, accounting and banking services.
- Private English-speaking schools and universities of the highest standards.
- Highly beneficial tax regime – the lowest corporate tax rate in EU at 12.5% and more than 45 double-tax treaties available.
- Upcoming major gas exporter and hub due to the discovery of hydrocarbons.
- Eligibility to obtain a Cyprus (EU) Passport / Citizenship with the purchase of properties.
Cyprus Economy: strong growth prospects
- The country’s economy is open, small, adaptable, free-market and service-based with a long record of successful economic performance.
- Real GDP growth has reached 3.8% in 2017, making Cyprus one of the fastest growing economies in the euro area.
- Real GDP growth is expected to be 3.2% in 2018 and 2.8% in 2019.
- Exceeded international expectations: returned to international financial markets in record time and expanded faster than the Euro-Zone Average.
- Continuous upgrades by International credit rating agencies (Moody’s, S & P, Fitch), restoring confidence and credibility to the international business community.
- A healthy pace of growth is expected to be maintained.
Source: www.ec.europa.eu / European Commission > Business, Economy, Euro > Economic performance and forecasts > Economic performance by country > Cyprus
Cyprus (EU) Passport / Citizenship
With the purchase of properties of >€2m, non-EU citizens are eligible to apply for a Cyprus (EU) Passport / Citizenship
Freedom of Movement
Travel, reside, study and work within 168 EU countries
Free movement of Capital, Goods and Services, no tax consequences
Process time: six months
Investor and all family members can obtain the Cyprus Citizenship (i.e. spouse, children under 18 years and adult dependent children aged 18 – 27 years old)
The Investment Can be redeemed 3 years after obtaining the Cyprus Citizenship