Cyprus, is in the Mediterranean, it is a European country that attracts a large tourist trade. The country has a flexible economy and are extremely competitive. In 2014, the Government announced new legislation to allow foreign investors to acquire the citizenship of Cyprus.
There are some great benefits of investing in Cyprus:
The initial investment requirement is purchasing real estate with a minimum value of €2million.
International investors invest in great businesses, not in a country. You could be missing out on global opportunities that allow you to build your portfolio and allow you to travel freely. Those with the means can stimulate global growth not just national growth. Every nation is looking for great minds to help push growth.
Someone quoted an amazing line, ‘having two passports is equal to living two lives due to the amazing possibilities of opportunities’ and it is so true. With a second passport, you do not need to renew your home country’s passport before you can go on a journey…
More often than not, entrepreneurs face difficulties when applying for a visa each time they need to travel for business. The visa application process is lengthy especially for those who travel a lot and will need to fill in all the places they have visited for the past five years. This route can help.