There are many reasons why the Cyprus Golden VISA dual residency program is a desirable PLAN B?
LOW CRIME RATE
The crime rate is the lowest in Europe and Cyprus is rated as the 5th safest country in the world. A democratic republic and an EU member country. Currency, the €uro
HIGH QUALITY OF LIFE
Excellent social services including healthcare, a climate rated as the 2ndbest in the world, all manner of sports and culture to suit every taste, a relatively low cost of living. English is spoken by 90% of the population.
INVESTMENT IN CYPRUS
Tourism is remarkable with a world leading 4 : 1 factor and has doubled in the last 10 years. The government strategy is to treble revenue from tourism by 2030. Over 200 000 expats have resettled in Cyprus and it call home. (Population 1,2m) The repeat rate for tourism is 30%; again, world leading. The GAS industry from only one gas field Aphrodite will contribute half a billion euros in taxes every year for the country for the next 18 years. It begins in 2022.
TAX AND ECONOMY
The nation’s economy is characterized by stability and robustness and this has led to constant positive evaluations by the European Commission and the International Monetary Fund.
SIMILAR LEGAL AND FINANCIAL SYSTEMS
The Cypriot legal and financial systems, being a former British colony are similar to the UK and South African financial system models. Road signs in English and Greek and drive on the left!
Investing in one of the fastest growing economies in the EU is rewarding. Consider a GDP for 2018 of €uro 3,9% and in 2019 3,2%. Cyprus is already regarded a rich European nation! Invest for lifestyle or passive income in €uro in apartments or villas, on the beach, in the mountains, urban areas or in quaint villages. There is a choice of shops and offices. Branded Hotels like Radisson Blu and investment in on-campus student accommodation. Properties offer rental guarantees of 4-6% in €uro and full letting and management. And simultaneously obtain EU Residency!