In recent years the Cypriot government introduced an investment program to encourage foreign direct investment for Cyprus to flourish. A lot of investors see this as the perfect way to gain the sought-after ‘Golden Visa’ that come with European passports. In 2018 alone investment by Non-Cypriot buyers accounted for 47.3% of registered purchase deals, showing just how much the area is quickly becoming a hotspot for investors.
Three best places to invest in Cyprus
- Paphos (40.4% of non-Cypriot deals in 2018)
- Limassol (29.7% of non-Cypriot deals in 2018)
- Larnaca (15.8% of non-Cypriot deals in 2018)
If you want to see what available investment prospects we have for sale you can view them all here. We have a mix of residential, land & commercial property for sale and to invest in, so whether you’re wanting to invest in a luxury villa or coastal apartment, all the way through to buying an office block for your business, or even purchasing land for agricultural purposes. We have it all here at Fox Realty.
They provided many incentives for families and businesses alike to invest in property/land. Granting investors full Cypriot citizenship. Meaning you can live, work & study with all of the 28 countries that are a part of the EU membership.
Incentives for families investing in Cyprus
- Full Cypriot citizenship
- Free movement and rights associated with the EU
- Visa-free travel/Visa-on-arrival with 173 countries (Including Canada, Hong Kong & UK)
- Citizenship passed down through generations
- Family benefits from the programme
- Only six to eight months to complete the programme
Incentives for businesses to invest in Cyprus property
- Favourable taxation in Cyprus
- One of the fastest growing EU countries
- Low labour costs whilst retaining high skilled workers
- Lowest office rental costs in Europe
- Robust GDP growth
- Full access to the EU market
- Geostrategic position
- A legal system similar to England common law
- Strong IP protection
The process can seem long and tedious with a lot of detail and structuring of the investment, with a lot of back and forth. It is still considered the best passport program globally. Beyond finding the suitable properties, FOX can assist in the whole process for the application of getting the passport. In other words, as an investor you do not need a lawyer, accountant, or other advisers, to complete the program. You can do it all directly through us.
Here at FOX, we offer a one-stop shop to receive a Cyprus passport with reasonable fees. Ask for our quotation today by calling us at (+357) 22873380 or alternatively emailing us at firstname.lastname@example.org
We are a well-equipped agency who can deal with any matter you have in relation to property & real estate. We even deal with plot granting transactions. FOX has arranged several plot granting transactions in the past and will be happy to assist any party wishing to enter such Real Estate transactions in Cyprus.