Many investors are buying an offshore property to acquire permanent residency or secure a 2nd citizenship. The main reason is personal: to formalise a Plan B to guarantee the family’s future by protecting against political risk and economical instability.
By far the most popular investment destination is Europe. Being the world’s largest single market and global trading block, Europe is entering a growth cycle; employment is on the incline plus the lifestyle on offer ticks many boxes.
CYPRUS, an English-speaking, ex-British colony and full EU member, is an extremely popular destination in Europe. Cyprus has recently been voted as having THE BEST permanent residency on offer.
Here are the 9 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 2 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, econom- ically stable and politically secure and not flooded with refugees.
- You can acquire permanenLOtGreOsidency 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 so owning an investment property will reap an attractive offshore income.
- There is no inheritance tax, so you can implement effective tax planning.
- The lifestyle on offer is fabulous: 1st world golf courses, 66 blue-flag beaches, breath-taking countryside, modern cities etc.
Huge investment is pouring into Cyprus’ economy with all the infrastructural developments and the enormous natural gas fields. This fact has a major influence on the demand for properties and people wanting to relocate here to maximise the opportunities.
The Mediterranean lifestyle is about scrumptious cuisine and enjoying life to the fullest and Cyprus represents being a very popular investment, retirement & relocation destination for many nationalities. Properties in Cyprus offer excep- tional 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 & long term plans. Cyprus is a very popular tourist destination, so owning an investment property will reap 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 in 2 months on Cyprus’ “Fast Track residency” programme 3 generations qualify (including children up to age 25 and both sets of parents); the property can be rented out to earn a Eu- ro-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, good rental returns, 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 fi- nancial 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 in operation for more than 13 years – is your trusted partner to realise your Plan B in Europe. We arrange person- alized 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 spe- cialists, to opening up 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.