Nothing is more expensive than a missed opportunity!
Many investors are buying an offshore property to acquire permanent residency or secure a second citizenship. The main reason is personal: to formalise a Plan B to guarantee their family’s future by protecting against political risk and economical instability.
Cyprus is an English-speaking, ex-British colony and full EU member, and is an extremely popular investment destination for those interested in settling in Europe. The island has recently been voted as having the best permanent residency on offer.
Businessmen and women are attracted by the opportunities of the world’s largest single market and global trading block, for others the lifestyle on offer ticks many boxes.
Here are the nine reasons why people are buying property in Cyprus:
- There is no language barrier as everyone speaks English – no need for a translator.
- Europe is on your doorstep: Cyprus has two international airports and several marinas.
- Cyprus has been voted one of the safest countries in the world – your personal safety is assured.
- Cyprus is a full member of the EU, economically stable and politically secure.
- You can acquire permanent residency by buying property.
- Properties in Cyprus offer excellent value for money when compared to other European countries – especially homes right on or near to The Med.
- Cyprus is a very popular tourist destination, and therefore owning an investment property can reap an attractive offshore income.
- There is no inheritance tax, so you can implement effective tax planning.
- The lifestyle on offer is fabulous: first world golf courses, 66 blue-flag beaches, breathtaking countryside, modern cities etc.
Huge investment is pouring into Cyprus, with infrastructural improvements following the development of enormous natural gas fields. This has a major influence on the demand for properties and people wanting to relocate to maximise their opportunities.
The Mediterranean lifestyle is about scrumptious cuisine and enjoying life to the fullest, and Cyprus represents a very popular investment, retirement and relocation destination for many nationalities. Properties offer exceptional value for money when compared to other European countries – especially homes right on or near to The Med.
The choice of where to buy is very personal and the type of property depends on lifestyle requirements, budget and also short, medium and long term plans. Cyprus is a very popular tourist destination, so owning an investment property can reap an attractive offshore income. The key benefit of buying a property in Cyprus is the safety aspect: Cyprus is regarded as one of the safest countries in the world; and last year saw an increase of 65% in property sales to overseas buyers from the previous year.
Permanent Residency is granted after two months with Cyprus’ “Fast Track residency” programme.
- three generations qualify (including children up to age 25 and both sets of parents);
- the property can be rented out to earn a Euro-based income;
- there is no requirement to live in Cyprus; nor be domiciled there for tax;
- permanent residency is for life (never needs to be renewed).
On this programme your property ownership gives you a solid investment, a good rental return, a superlative lifestyle in The Med; and easy access to Europe. Can you afford not to take advantage of this while this programme is still open?
Your trusted partners
Securing a Plan B overseas is not only a major financial and emotional commitment, but a decision that can be made easier when you get advice and assistance from professionals.
Cypriot Realty – an international marketing company which has been in operation for more than 13 years – is your trusted partner to help realise your Plan B in Europe. We arrange personalised property inspection trips for you to come to Cyprus and view the property options, and to experience for yourself the lifestyle on offer. From arranging meetings with taxation and legal specialists, to opening up your offshore bank account, we hold your hand every step of the way.
Register now for our exclusive webinar to find out how you and your family can apply and relocate to Cyprus, Greece or Montenegro via residency by investment through Cypriot Realty: https://us02web.zoom.us/webinar/register/2116076023305/WN_M99eiU52TheJ0-jYtke5jQ
