The world is ever-changing and unsettled where a second passport is a future investment offering greater stability, security, portfolio diversity, tax efficiency and many more opportunities. This particular document allows you to create wealth across borders and avoid certain visa restrictions, enforce individual mobility which is something not feasible with a home-country passport.
In times of political instability, civil war and terrorism within one’s homeland, a second passport would help you to avoid such conflicts and promises a standard living in another country. In-short, it’s one of the best life insurance money can buy! But why Cyprus; check out below for a more plausible answer.
Benefits of Cypriot citizenship
Being a member of the European Union, Cyprus allow its nationals to exploit full benefit of increased mobility as they can freely reside in any member state plus, ease of global travel and greater level of flexibility. The citizenship program offer individuals an ultimate opportunity to grasp European passport and have access to free movement, financial and asset benefits.
Lower tax, modern infrastructure, well-developed service sector, the discovery of natural gas and widespread English speaking population make Cyprus a place to commence business, raise a family and enjoy a quality life that you deserve. Healthcare system, educational institutions and various public amenities are well-kept. And with pure Mediterranean climate, who wouldn’t want to live in such a place!
The citizenship program
Cyprus proudly promotes its immigration and investment. Take example of March 2014 when Cyprus Council of Ministers introduced a flexible immigration scheme for international applicants either through direct investment in a governmental project or acquiring a property within the country.
Foreign entrepreneurs look at Cyprus immigration solutions by much interest and that’s the reason aristocratic individuals and investors from Egypt, China, South Africa, Saudi Arabia, Russia and many others are drawn to the country. Business market is quite stable and flourishing that stabilises Cyprus’s economy.
The Cyprus citizenship by investment program allows individuals to obtain legal nationality status falling under one of eight eligible investment categories. This can be done either directly or indirectly through companies corresponding to their shareholdings in related corporations.
A high-ranked senior manager of a company who makes such an investment is also eligible but there’re a few requirements like the individual must qualify personal income tax of 100,000 Euros for three years in total as this will be checked through the tax authorities.
Whatever the case, the investment must be carried within three years past the application for citizenship wherever all investments should be maintained for minimum three years from the date nationality has been granted.
Applicants must’ve a clear background with no criminal record. They shouldn’t be included in the list of individuals having freezing assets instructions from the European Union or owns a private residence in Cyprus that’s worth 500,000 Euros.
Conclusion
If you’re interested to apply for Cypriot citizenship or gather information about the program.
In times of political instability, civil war and terrorism within one’s homeland, a second passport would help you to avoid such conflicts and promises a standard living in another country. In-short, it’s one of the best life insurance money can buy! But why Cyprus; check out below for a more plausible answer.
Benefits of Cypriot citizenship
Being a member of the European Union, Cyprus allow its nationals to exploit full benefit of increased mobility as they can freely reside in any member state plus, ease of global travel and greater level of flexibility. The citizenship program offer individuals an ultimate opportunity to grasp European passport and have access to free movement, financial and asset benefits.
Lower tax, modern infrastructure, well-developed service sector, the discovery of natural gas and widespread English speaking population make Cyprus a place to commence business, raise a family and enjoy a quality life that you deserve. Healthcare system, educational institutions and various public amenities are well-kept. And with pure Mediterranean climate, who wouldn’t want to live in such a place!
The citizenship program
Cyprus proudly promotes its immigration and investment. Take example of March 2014 when Cyprus Council of Ministers introduced a flexible immigration scheme for international applicants either through direct investment in a governmental project or acquiring a property within the country.
Foreign entrepreneurs look at Cyprus immigration solutions by much interest and that’s the reason aristocratic individuals and investors from Egypt, China, South Africa, Saudi Arabia, Russia and many others are drawn to the country. Business market is quite stable and flourishing that stabilises Cyprus’s economy.
The Cyprus citizenship by investment program allows individuals to obtain legal nationality status falling under one of eight eligible investment categories. This can be done either directly or indirectly through companies corresponding to their shareholdings in related corporations.
A high-ranked senior manager of a company who makes such an investment is also eligible but there’re a few requirements like the individual must qualify personal income tax of 100,000 Euros for three years in total as this will be checked through the tax authorities.
Whatever the case, the investment must be carried within three years past the application for citizenship wherever all investments should be maintained for minimum three years from the date nationality has been granted.
Applicants must’ve a clear background with no criminal record. They shouldn’t be included in the list of individuals having freezing assets instructions from the European Union or owns a private residence in Cyprus that’s worth 500,000 Euros.
Conclusion
If you’re interested to apply for Cypriot citizenship or gather information about the program.