Growth in the popularity of Cyprus citizenship by investment
Cyprus, a sunny, friendly, Mediterranean island, has been constantly attracting many people who wish to acquire a new home, or start up a business in the country that can boast an azure sea, warm climate and friendly locals.
We have seen that there is an incredible demand for foreigners receiving European citizenship by investments in the Republic of Cyprus.
This mechanism has already brought approximately Euro 2.5 billion over 2 years (2013-2015) to the country.
It is said that citizenship of Cyprus is entirely purchased by CIS residents. In some measure, it is true. This wonderful southern island is highly popular among Russian, Ukrainian and Belarusian people. However, in recent years there has been growth in the popularity of the state amongst nationals of other countries, primarily Chinese and Americans, who aspire to obtain a second citizenship of Cyprus by investment, and a passport of the EU Member State.
The advantages of Cyprus second citizenship
Cyprus creates favourable conditions for receiving citizenship (only 3 months), as well as a supportive environment for living and business management at legislative level. The second citizenship permission positively influences tax planning, and it can be used as a reliable protection in case of any political or economic uncertainty in your native country.
In fact, it should be considered that Cyprus regularly leads the polls of world research agencies as one of the safest countries in the world. The island has a low percentage of crime, and it is ideal for immigration with children.
Being a fully legitimate member of the European Union, Cyprus grants visa-free entry into 160 countries to its citizens, along with an opportunity to live and work in the EU countries.
It should be noted that the economy of the island has been developing intensively since the financial crisis, demonstrating a substantial exponential increase each year. Nowadays, there is a great choice of real estate projects in the property market that will become, or have already been, not only wonderful island homes but also a perfect opportunity for investment and obtaining EU citizenship.
The specialists of EASY-IMMI will be happy to provide you with all the information you are interested in about real estate projects in Cyprus, as well as all the possible options of receiving citizenship by investment.
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