Vi­lanos finds investor in­ter­est in China

Financial Mirror (Cyprus) - - FRONT PAGE -

Chi­nese in­vestors are show­ing great in­ter­est in the Cyprus prop­erty sec­tor, as ev­i­denced dur­ing the in­ter­na­tional prop­erty ex­hi­bi­tion held re­cently in Shang­hai, the largest city and port of China con­sid­ered as one of the most im­por­tant fi­nan­cial cen­tres.

Tak­ing part at the at the 10th Over­seas Prop­erty and Im­mi­gra­tion In­vest­ment Ex­hi­bi­tion at the Shang­hai In­ter­na­tional Con­ven­tion Cen­tre, where around 30,000 visi­tors ar­rived, was Vi­lanos Real Es­tate Agents, the only real es­tate agency from Cyprus with lit­tle aid from the Min­istry of En­ergy, Trade, In­dus­try and Tourism.

On the side­lines of the ex­hi­bi­tion, vet­eran real es­tate con­sul­tant Alekos Vi­lanos held con­tacts in Shang­hai, dur­ing which it was once again reaf­firmed that Cyprus re­mains a re­li­able busi­ness hub be­cause of its strate­gic po­si­tion in the Mediter­ranean, with qual­ity ser­vices and an ideal lo­ca­tion for in­vest­ment, mainly in Li­mas­sol dis­trict.

The prop­erty and in­vest­ment show saw 110 ex­hibitors from 23 coun­tries, in­clud­ing the US, Eng­land, Italy, Spain, Tur­key, Aus­tralia, Ger­many, Bel­gium and Greece. Al­most all the coun­tries that took part in the ex­hi­bi­tion, re­ceived an im­por­tant sub­sidy from their govern­ments, whereas in the case of Tur­key, the gov­ern­ment spon­sored 80% of the cost of par­tic­i­pa­tion in the ex­hi­bi­tion, ac­cord­ing to Vi­lanos.

“Ev­ery­one who passed by or vis­ited the Cyprus pavil­ion showed par­tic­u­lar in­ter­est, send­ing, at the same time, en­cour­ag­ing signs for the real es­tate sec­tor on the is­land. Some ex­pressed a de­sire to visit Cyprus soon,” Alekos Vi­lanos said.

The rep­re­sen­ta­tives of Vi­lanos Real Es­tate Agents ad­vised visi­tors on the ser­vices pro­vided by the com­pany show­ing in­ter­est in small houses and apart­ments of two and three bed­rooms, as well as for large in­vest­ments in real es­tate.

In ad­di­tion, the visi­tors of the ex­hi­bi­tion were in­formed about both pro­grammes re­gard­ing the grant­ing of per­ma­nent res­i­dence to na­tion­als of third coun­tries, and the plan for the ex­cep­tional nat­u­ral­i­sa­tion of non-Cypriot in­vestors and en­trepreneurs.

“China is an i mpor­tant




the gov­ern­ment, rel­e­vant min­istries and agen­cies, should find so­lu­tions in or­der to fa­cil­i­tate in­vest­ments by China in Cyprus,” Vi­lanos said upon his re­turn to Cyprus.

“One way is to ex­pe­dite the pro­ce­dures for grant­ing visas to Chi­nese cit­i­zens. Our com­pany be­lieves that an im­por­tant mile­stone in strength­en­ing and de­vel­op­ing the re­la­tions be­tween Cyprus and China in the fi­nan­cial, tourism and in­vest­ment sec­tor, as well as in find­ing so­lu­tions that will pave the way for China’s in­vest­ment in Cyprus, was the of­fi­cial visit of Pres­i­dent Ni­cos Anas­tasi­ades to China last month where an an­nounce­ment was made that sev­eral visa pro­cess­ing cen­tres will be es­tab­lished in China by the end of 2016 to as­sist the em­bassy with the con­sular ser­vices,” Vi­lanos said.

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