An investor does not have to live in Cyprus permanently
One of the highest rates of return on investment in Europe
No need to take exams in the history of the country and the state language
Cyprus is an island in the warm waters of the Mediterranean. Its unique mild climate and 330 sunny days a year attract tourists in all seasons. In winter, the temperature in Cyprus does not fall below +10°C, and it feels comfortable in summer due to the low humidity and sea breezes. Another benefit is an excellent flight connection with great airfare deals.
Daily flights depart to Cyprus from Kiev airports Boryspil and Zhuliany.
Property in Cyprus is an ideal asset for profitable investment. The annual increase in the value of real estate here is one of the highest in Europe. Doing business in Cyprus gives the entrepreneur a number of undeniable advantages. And above all, it is one of Europe’s lowest taxes and wide opportunities for tax optimization.
Today, Cyprus occupies a leading position in the world among the most attractive countries for permanent residence. The proximity of the sea, the unique climate, and a well-developed infrastructure — all these advantages make you think seriously about relocation. There are several ways to invest in real estate, i.e. buying ready-built housing in Cyprus, investing in a house during the construction phase, or buying land and building a custom-designed house. To participate in the program, you must invest at least 2 million euros.
It is very profitable to buy property in Cyprus for rental as demand here still exceeds supply and today's pace of construction cannot satisfy the demand. On average, rental can generate the annual earnings of 7 to 15 percent of the value of the acquired property. Also often in Cyprus, there are apartment purchase contracts with a secure lease from developers who build and manage their complexes themselves. The return on such investments varies between 7 and 9 percent. To participate in the program, you must invest at least 2 million euros.
Today, construction is in the active stage on the island. Therefore, there is a profitable opportunity to invest in Cyprus property during the construction phase. Considering that Cyprus property grows in price by 3% annually, and the average construction time of residential complexes is two years, you have the opportunity to make good money on it. At the same time, such a passive income is not taxed and the increase in the value of the property turns into your net profit. To participate in the program, you must invest at least 2 million euros.
Another option is to purchase shares in alternative investment funds (AIF) registered in Cyprus. They are licensed and controlled by the Cyprus Securities Commission (CySec). It is also possible to invest in the financial assets of Cypriot companies issued with the authorization of this Commission. This option is available to companies that have proven their direct presence and significant economic activity in Cyprus. To participate in the program, it is necessary to invest at least 2 million euros into financial assets.
A company in Cyprus is not a classic offshore business, but a profitable investment option. Cypriot companies are subject to a profit tax of 12.5%. And this is Europe’s lowest tax rate. Cyprus provides ample opportunities for tax planning, depending on the nature of the business. The management may be nominal here, but the company has a legal address and all the advantages associated with the membership of Cyprus in the EU. To participate in the program, it is necessary to invest at least 2 million euros in the acquisition or establishment of companies.
Investments can be diversified, split into parts and made in several of the above objects at once. An investor must own local real estate for personal residence acquired for at least 500 thousand euros. The remaining minimum part in the amount of 1.5 million euros required for investment can be freely distributed among one or more investment assets. But the total investment amount to participate in the program must be at least 2 million euros.