Cyprus has so much to offer both on a professional and personal level. Whilst the country’s reputation as an island paradise certainly rings true, the island also presents many business opportunities for investors and entrepreneurs due to multiple personal tax incentives that attract multinational companies and in turn, High Net-Worth Individuals.
The island nation joined the European Union in 2004, an occurrence that has drastically enhanced the appeal and potential of the country. EU Membership provides stability, security and a harmonisation with the European lifestyle.
This past decade, Cyprus has experienced a powerful boost in foreign direct investment, as many High-Net Worth Individuals have chosen to invest in property on the island. The boost in the economy has transformed the image of the island and uplifted the local lifestyle. Contemporary marinas are home to super yachts, and private jets are now a common sight. The population as a whole is benefiting from the local and international confidence in the Cypriot economy.
Cyprus is a small island that many view as a corner of paradise. An island that homes thriving international businesses, also a safe haven for families. These two factors are highly valued by High Net-Worth individuals who consider making Cyprus a second home.
SkyPrime Group has met the increased demand on the real estate sector by providing many luxury homes for high net worth individuals who wish to invest in Cyprus.
- Investment in Cyprus options starting from €300,000
- Exclusive 700 applicants per year
- Enjoy Permanent Residency rights in Cyprus
- Simple and straightforward process
Cyprus is taking vital steps towards attracting foreign investment.
Plans for the privatization of state telecoms, energy, ports companies, and real estate assets are underway, while gaming licenses are now been provided.
Confirmed offshore gas fields are likely to be a game-changer for Cyprus.
The discovery of natural gas reserves and exploitation activities in Cyprus’s Exclusive Economic Zone have already stimulated interest in investment and will have a powerful and positive impact on the economy over the coming years. It is predicted that Gas-field development will help Cyprus grow into an offshore oil and gas services hub.