Cyprus Citizenship by Investment
According to the fixed investment immigration act which was released in September 2016 and put in effect in November 1st 2016, the investors can apply for naturalization to Cyprus and obtain European Union passports through investments. *the applicants are allowed to sell the properties or rent them out as long as they keep at least the properties of the value of 0.5 million Euros. Advantages
Clear policies: The permanent residency and passport are applied for at the same time. After three months, the response to the permanent residency (application) will be sent out, and the response to the passport (application) will be sent out.
Dependents: the applicants are allowed to bring their spouses and children who are now students and under 28 along with them for naturalization.
Passing from generation to generation: the applicants can hold the properties for good, and their European Union Identities will be passed down from generation to generation.
Global accessibility: free access to 28+4 European countries, Visa free to 159 countries around the world yet enjoy the benefit of being an European citizen.
Quality life: the applicants are allowed to work , live and study in 28 EU membership countries , Switzerland, Norway and Iceland and enjoy the welfares for education , medical care, job and unemployment in EU.
There is no estate tax in Cyprus , and only 12.5% for the tax on enterprises. Having dual tax avoidance agreement with more than 50 countries, Cyprus is a good place for oversea asset allocation.
Acknowledge for dual citizenship.
The Requirements
Dependents: main applicants , spouses and unmarried children who are students and under 28 yet not financial independent.
No criminal record
Purchasing one or even more sets of properties in Cyprus ( Purchased properties can be rented out. After three years , the applicant can sell the properties but remain the residential property of the value of 0.5 million Euros).
The Process
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The Students Nest Cyprus
The Students Nest is one of the most desirable developments in Larnaca district as it is the first purpose-built development for university students’ accommodation that offers an exclusive on-campus accommodation. This outstanding development is located in Pyla, Larnaca. The project is highly sought after its location as it is within short distance from the International Airport, the highway and a variety of local amenities.
Investment Highlights
Exclusive On-Campus Accommodations.
Demand Exceeds supply for on-campus Accommodation
Minimum 4% Rental Yield per annum Guarantee.
1500+ Undergraduate, Postgraduates and Research Students
Students from 33 countries Worldwide.
Great Location with Future Growth Prospects.
Possibly the best available Exit Strategy offered in Cyprus.
Site Plan
Phase 1 Completed!
