Numerous factors make Cyprus an appealing place to live in. For starters, most people in Cyprus speak English which makes the location convenient for businesses to all English speaking professionals. The small country is one of the safest places to be. It is a trade and tourist attraction center. Real estate and property on this island are more affordable than before, and it is the ideal time to invest. Cyprus provides the quickest and most reliable route to acquiring European passport property investment. You only need to make an application and fulfill the simple requirements, and you can finally obtain citizenship in your dream state. This state is unique compared to other EU residency by Investment programs, and the program takes a short time. The EU citizenship grants you the freedom to work, study, travel, and live anywhere in the European countries.
How Cyprus Stands out?
Cyprus is portraying rapid growth, and so is its economy. It has been experiencing an impressive economic recovery which is expected to last. It is expected to grow at a rate of 2% every year until 2021. This makes it a safe place for investments.
The next thing that makes it the best choice is its tax system both for individuals and companies. You do not have to fear to invest here in the fear that all your revenue will go back to taxes.
About 80% of the country residents speak English. The education system is trustworthy with quality learning facilities. Cyprus has the least number of crimes in Europe. These are just a few of the aspects that make Cyprus an attractive place to apply for EU passport property investment.
Comparing different EU residency investment programs
Cyprus is the only state in the EU that offers immediate citizenship by investment as it only takes six months for applicants to obtain the EU passport property investment, unlike some countries such as Portugal which takes up to six years. Cyprus Passport or an EU Passport can be acquired via property investment.