If you are an investor and like keeping a note of each country’s growth and development, you will know of the booming economy of Cyprus. The Republic of Cyprus is now a big draw among the investors, entrepreneurs, and real estate developers alike. If you are eager to become a citizen and look for the ways on how to get a passport in Cyprus, here are the steps to follow.
• Check out the Golden Visa Plans
You can get a permanent residency permit. To gain citizenship however in Cyprus, you will have the option of investing 2 million in the real estate. The country will be offering citizenship in just as many as 6 months after making this investment.
• Perks of This Investment
On making this investment, you get a citizenship of an EU country and permit to work and travel or study anywhere in the EU countries, including the UK, France, and Germany.
• Save Taxes on Investment
Entrepreneurs often wonder about how to save business taxes in Cyprus after investing in real estate. Citizenship is very beneficial to your plans. It does have its additional tax saving donation plan to help you further. Additionally, you get PR permit too of living in Cyprus. As per the non-domicile entrepreneurs, you have zero taxation options of worldwide dividends and interest based income. This is for a total of 17 years.
What Makes The Citizenship and PR Status So Essential in Cyprus?
As a growing country, it makes a lot of sense to invest in the real estate property in Cyprus. Get that beach facing villa in a booming coastal area of Cyprus. The property rates are competitive now, and to get yourself property and even settle down, you will need to follow a few strict rules.
Investing in real estate now is better since the rates for the property will go high soon by the rate of growth. You now do not have to worry about how to get a passport in Cyprus now thanks to these unique investment plans.
Just contact us today and we will help you out