CPD TEST 6 CPD Program Knowledge Assessment Have fun as you earn your 2.5 CPD points there is no time limit, GOOD LUCK! You must achieve 60% to pass the Test. 1 / 15 The GDP of Greece is projected to achieve ....... for 2021? 1-2% 3% 5% One of the lowest rates of growth in EU 2 / 15 Apart from the requirement to invest in property which of the following is a requirement for the Cyprus & Greece golden visa program Must have no criminal record Medical to prove health of applicant No one over 65 may apply Must pass an English language exam 3 / 15 Which of the following is correct about investing in property in Cyprus Each property purchased must be €300 000 Must invest a minimum of €300 000 plus VAT or Transfer Duty for residential property You must live in the property purchased to get benefits of golden visa None of the above is correct 4 / 15 Property purchased in Grenada and let out will create which of the following situations in terms of SA tax? SA tax payers will not pay tax on Grenada property rentals SA residents will pay only tax in Grenada on property rentals SA citizens can switch tax residency to Grenada if they inform SARS None of the above are correct 5 / 15 Which of the following would be most correct? Representatives need to be accredited to provide information in property investments in terms of FAIS FAIS does not apply to direct investment in immovable property in SA or in any other jurisdiction FAIS does apply to direct investment in offshore immovable property FAIS does not require a Representative licences to provide advice on shares in property investments or property collective investments 6 / 15 What type of property investment is available to obtain the Golden visa in Cyprus? Apartments Offices & Shops Cyprus (AIF) Fund for Golden Visa All of the above 7 / 15 How often do you have to visit Cyprus to keep your Cyprus Permanent Residency card valid? Every 6 months 10 days a year Every 2 years Never 8 / 15 What is the Cyprus income tax threshold in Euros? €15 000 €19 500 €25 000 There is no income at 0% 9 / 15 How can you work in Greece or Cyprus? Enjoy digital nomad status in Greece for 7 years Start a company in Cyprus, be a Director Apply for a work permit in Cyprus All of the above 10 / 15 Which of the following golden visa programs do NOT provide a right to citizenship? Grenada Portugal Cyprus Seychelles 11 / 15 Which of the following is most true? Only citizens have access to NHS in Cyprus Residents have access to NHS in Cyprus Cyprus does have a NHS (GeSY) charged at 2.65% of Cyprus income There are no co payments required in NHS in Cyprus 12 / 15 What % of the population speak English in Cyprus? 30% 60% 90% Greek is the main language and minimal understanding of English 13 / 15 The average destruction of the value of the Rand in US Dollars due to depreciation over the last 40 years is which of the following? 3% 5% 7% There is no destruction due to inflation 14 / 15 How much must be invested in property in Euros (€), to achieve permanent residency in Greece? €250,000 €300,000 €500,000 €1,900,000 15 / 15 Which of the following comments about the status of the Republic of Cyrus is correct? Part of the EU due to its ties with Greece A Commonwealth country since 1960 and part of the EU Cyprus was a former colony of Turkey Cyprus is not part of the EU Your score is 0% Restart quiz
