In the first half of 2022, property sales in Cyprus increased by 39% year-on-year. Overseas sales increased by 50% in April alone. 1,647 real estate sales to overseas buyers!
International buyers flock to Cyprus, what are they looking for?
01
Fintech
There are currently nearly 250 fintech startups active in Cyprus, with 8,000 professionals from all over the world in Limassol alone.
Located at the crossroads of Europe, the Middle East and Africa, Cyprus is an internationally recognized financial center with a well-established legal system. The banking industry and foreign exchange industry are open and free, and provide active and powerful business resource tilt and bill support.
Cyprus offers a great option for entrepreneurs looking to benefit from the euro, single market and customs union within the EU region.
02
tax benefits
Cyprus has an attractive tax policy and has one of the lowest tax rates in the EU. The corporate tax rate is as low as 12.5%, and double taxation agreements have been signed with more than 60 countries, so you can enjoy all EU tax policies, dividends and dividends when you move to Cyprus.
? Exemption from corporate dividends, interest and related income tax
?Exemption from income tax on securities trading gains
?Relevant interest rate deduction for equity investment in local companies
? Profits and losses due to exchange rate differences are not subject to additional tax
? Attractive personal tax system for international talents
? Exemption from inheritance tax or estate tax
? Exemption from real estate tax
? Lower ship load tax
?Enjoy tax relief for investing in startups
03
Energy Center
In recent years, natural gas energy has been discovered many times in Cyprus, attracting major energy giants to settle in, establishing partnerships with the United States, France, Italy and other countries, and is committed to developing into a European energy center.
The development of energy has not only brought great benefits to Cyprus, but also promoted the development of various industries in other countries. As the future energy hub of the Eastern Mediterranean, the development prospects are quite considerable.
Such an exciting investment destination has attracted overseas buyers to spend 30 million euros (about 237 million yuan) to acquire a land with a total area of 32,271 square meters in Limassol.
04
Safe and friendly
In the face of the unexpected global outbreak of COVID-19, Cyprus, as the latest country in the EU to have confirmed cases, quickly put in place various protective and restrictive measures, and has the second highest detection rate in the EU, making Cyprus one of the safest countries during the epidemic.
Cyprus is also the EU country with the lowest crime rate. Living here is not only safe and secure, but also the quality of life.
It has a typical Mediterranean climate and is a holiday destination blessed by the "God of Love", receiving 4 million tourists every year. A total of 74 "Blue Flag beaches" and 2 "Blue Flag marinas" in Europe are located in Cyprus.
05
quality of education
Cyprus adopts Commonwealth-style education, with high quality teaching and strong faculty. The quality of education is globally recognized, and it is the European country with the second highest proportion of international students.
The University of Nicosia is the largest English-taught university in Southern Europe and ranks 36th in the world in terms of education quality in the Times World University Impact Rankings. Among them, the digital currency and blockchain technology master's degree ranks among the top 5 in the world, and the business school ranks among the top 100 in Europe.
In addition, China and Serbia have signed an agreement on mutual recognition of higher education qualifications, and the qualifications of the University of Nicosia have also been recognized by the Chinese Ministry of Education.
If there is a place that can make you face the sea with spring flowers blooming, every frame of the picture is a blockbuster, and you will feel like a vacation 365 days.
If there is a place where your children can enjoy aristocratic education at a low cost, the tuition fee of an international school with pure English teaching is only 3000-8000 euros, and 90% of the graduates are admitted to the famous British schools and Ivy League schools.
If there is a place, you can enjoy the same medical benefits as the locals, 1 euro to see a doctor and 1 euro to get medicine.
This place is the "Pearl of the Mediterranean", Cyprus.
With only 300,000 euros to purchase real estate in Cyprus, you can obtain permanent residence status, a considerable return on investment, and enjoy the above benefits such as vacation pension, children's education, medical care and so on.
If you are interested in real estate investment in Cyprus, please consult Xiaoxing to get your asset allocation and identity planning plan~
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