NOTHING IS MORE EXPENSIVE THAN A MISSED OPPORTUNITY!
Supplied by Cypriot Realty – www.cypriotrealty.com
Many South Africans want to get permanent residency in another country to guarantee their family’s future by protecting against political risk and economic instability.
Europe is the world’s largest single market and global trading block and is still the preferred investment destination to acquire permanent residency. The Mediterranean lifestyle is all about enjoying life to the full and represents an extremely popular investment, retirement, and relocation destination for South Africans.
There is a perception that it is expensive and onerous to realise a Plan B in Europe. In Cyprus – an English-speaking, ex-British colony and full member of the EU – this perception could not be further from the truth.
Cyprus is regarded as one of the safest countries in the world. Last year, the country saw a 65% year-on-year increase in property sales to overseas buyers. Huge investment is pouring into the economy with all the infrastructural developments and the enormous natural gas fields.
There has never been a better time to explore investing in Cyprus.
Properties in Cyprus offer exceptional value for money when compared to other European countries, especially those homes right on, or near to, The Med. The choice of where to buy is very personal and the type of property depends on one’s lifestyle requirements, budget, and short, medium and long-term plans.
The key benefit of buying a property in Cyprus to secure a Plan B and owning your slice of paradise, is that property investment automatically comes with acquiring permanent residency, tangibly benefitting your family for generations to come.
- Permanent residency is granted in two months on the “Fast Track” programme.
- this is the only programme in Europe where three generations in the same family (including both the parents and parents’ in-law) all acquire residency for life by buying one property!
- dependent children up to 25 qualify;
- the property can be rented out, and
- there is no requirement to live in Cyprus, nor to be domiciled there for tax.
Making the investment in Cyprus is simpler than you think, and the generous exemption of import duties, excise duties and VAT to bring your personal effects to Cyprus for your relocation makes it easy on the wallet too. More importantly, the residency programme is tried, tested, trusted, and it works!
Your Plan B.
The permanent residency programme on offer in Cyprus has been voted the best in Europe. The application process is quick, the permanent residency is for the whole family for life, so no permit renewals required, and there is no need to live in Cyprus to retain residency status. Permanent residents in Cyprus have the right to apply for citizenship following their physical presence in the country for several years and will follow the naturalisation programme.
Another huge benefit of investing in Cyprus is the fabulous lifestyle on offer. There is no language barrier with the country being an ex-British colony, so everyone speaks English, and all the documentation is in English too. Cyprus has a relaxed, stress-free lifestyle offering an ideal family environment. Your children and grandchildren will benefit from excellent schools and tertiary education instructions (all Euro-accredited); and the healthcare facilities and medical care are world class. Cyprus is remarkably like South Africa. The golf courses are world-class, the countryside is breathtakingly beautiful, and Cyprus has 66 blue-flag status beaches, the cleanest seas in the Med and a mountain range where it snows for three months. This is a country for enjoying and exploring.
Safe investment destination.
Cyprus offers a safe, solid environment in which to invest in real estate. Properties in Cyprus offer excellent value for money. The lush and beautiful Western side of the country is similar to the Western Cape and enjoys the biggest demand and highest growth.
In Cyprus, unlike some other European countries, as an ex-pat you are not restricted to buying only in Special Designated Areas (SDAs), nor are you prescribed to stay in the country every year to retain your residency. Being able to rent your property out has the real benefit where you can earn a decent Euro-based income. There is a high demand for both long-term rentals and short-term holiday lets. Not only will your asset generate income for you, but you have complete peace of mind that the property purchase is legitimate, and your ownership is guaranteed.
Can you afford not to take advantage of in Cyprus while the permanent residency programme is still open?
Your trusted partners
Cypriot Realty – a proudly South African company in operation for more than 13 years with offices in Sandton, Cape Town, and Cyprus – is your trusted partner to realise your Plan B in Europe. We are recognised and respected as Southern Africa’s authoritative investment specialists promoting Cyprus as an ideal destination for acquiring permanent residency, for property investment, for immigration or retirement and starting an EU-based business. We understand investor’s needs, and we have an impressive track record showcasing our success.
Property inspection trips
We arrange personalised property inspection trips for you to come to Cyprus to look at the property options and to experience for yourself the lifestyle on offer. From arranging meetings with taxation and legal specialists, to opening your offshore bank account – we hold your hand every step of the way.
Contact us for a confidential meeting to discuss how Cyprus can fit in with your offshore plans – we will assist and guide you every step of the way to realise your Plan B.