Cyprus Citizenship Remains Strong

Mk4 - PafiliaExtra - A_3067The Cyprus citizenship by investment programme remains a firm favourite amongst high net worth individual’s worldwide.  With it passport power scoring highly and its simple and fast processing time, the Citizenship programme is often at the top of many investors lists when searching for a second passport programme. Not only does Cyprus offer a straightforward route to EU citizenship, the geographical location of the country is very appealing to many as it is conveniently position between Europe, Africa and the Middle East and often viewed as an ideal business hub between the three continents.

In terms of the Economy, the property market is steadily growing which is a strong reflection on how successful the Citizenship and Residency programmes have been, attracting large international investments into the country.

Back in 2011 Cyprus also discovered 2,000 billion cubic metres of natural gas reserves off shore which has significantly increased the countries credibility and will certainly help to boost the Islands economy further as this exciting prospect progresses in the future.  A large drilling operation for the natural gas began in July 2017 and will take place through to October 2017.

Not only is Cyprus part of the EU it is also a member of the Commonwealth of Nations, Eurozone, United Nations, IMF and World bank. For more information on this programme, please do not hesitate to contact La Vida’s specialist consultants.

Cyprus Builds Largest Sea Front Tower in Europe.

Since Cyprus reduced its Citizenship by Investment programme down to just €2,000,000, the scheme is now attracting more attention than ever! As one of the fastest track schemes in Europe to obtain a second passport, the citizenship programmes also allows both children and grandparents to be included under one family application.

One of our most popular investment projects this year has been this fabulous, sea front tower in Limassol, which is set to be the largest coastal tower in Europe! Construction has already begun with 60% of the project sold so far and the remaining properties being reserved quickly! The monumental height of this project will offer investors exclusive, stunning views over Limassol’s vibrant city and crystal clear sea, redefining luxury living in Cyprus. For more details, please contact us.

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