Get Sec­ond Cit­i­zen­ship

Premier Magazine (South AFrica) - - Contents - Text & Im­age © Cypriot Realty

It’s never been more al­lur­ing to South Africans to di­ver­sify and in­vest in off­shore prop­erty, as such an in­vest­ment of­fers in­sur­ance against po­lit­i­cal in­sta­bil­ity and eco­nomic risk.

The Euro­pean Union is by far still the pre­ferred prop­erty in­vest­ment des­ti­na­tion as Europe is the world’s largest sin­gle mar­ket and global trad­ing block, and of­fers many op­por­tu­ni­ties.

By buy­ing prop­erty in Cyprus – an English-speak­ing, ex-bri­tish colony and full mem­ber of the Euro­pean Union and Com­mon Wealth – the in­vestor will se­cure ei­ther a sec­ond pass­port or ac­quire per­ma­nent res­i­dency per­mits for them­selves and their fam­ily.

Cyprus is also the only coun­try in Europe of­fer­ing in­vestors the op­por­tu­nity to se­cure per­ma­nent res­i­dency per­mits in four to six weeks for three gen­er­a­tions of the same fam­ily – in­clud­ing de­pen­dent chil­dren up to age 25 as well as both the par­ents and par­ents-in-law. There is no re­quire­ment to buy in Spe­cial Des­ig­nated Ar­eas (SDAS) nor to phys­i­cally live in the coun­try, and the in­vestor can rent out the prop­erty to earn a Europe-based in­come. No other coun­try of­fers this.

The Cit­i­zen­ship Through In­vest­ment pro­gramme is also unique. It is the only pro­gramme where cit­i­zen­ship is granted in three months, and all de­pen­dent chil­dren up to age 28 qual­ify. Se­cur­ing Cypriot cit­i­zen­ship gives the in­vestor and their fam­ily visa-free ac­cess to more than 169 coun­tries in the world and com­plete free­dom of ac­cess to the whole Euro­pean Union – in­clud­ing the United King­dom. This means that every­one can live, work, study, and travel any­where in Europe with no re­stric­tions.

Cyprus is very ap­peal­ing as the coun­try of­fers a life­style very sim­i­lar to South Africa, but the cost of liv­ing is a frac­tion of what it is in South Africa; yet the life­style is first-world with English-speak­ing univer­si­ties and world-class hos­pi­tals and med­i­cal cen­tres.

South Africans tend to favour Paphos on the Western side of the is­land, as the to­pog­ra­phy is sim­i­lar to the Western Cape. There are wine es­tates, golf cour­ses, lush agri­cul­tural belts, and it is a 40 minute drive to the moun­tains where it snows for three months of the year.

Cypriot Realty – a proudly South African com­pany in op­er­a­tion for nine years with of­fices in Cape Town, Sand­ton, and Cyprus – can as­sist you. The com­pany is recog­nised and re­spected as South­ern Africa’s au­thor­i­ta­tive off­shore in­vest­ment spe­cial­ists, pro­mot­ing Cyprus as an ideal des­ti­na­tion for ac­quir­ing Euro­pean Union cit­i­zen­ship or per­ma­nent res­i­dency, prop­erty in­vest­ment, im­mi­gra­tion or re­tire­ment, and start­ing a Euro­pean Union-based busi­ness.

Con­tact Cypriot Realty for a con­fi­den­tial meet­ing to dis­cuss how they can help you re­alise your “plan B” in Europe.

For more in­for­ma­tion, con­tact Founder and Man­ag­ing Di­rec­tor, Jenny El­li­nas, on +27 83 448 8734 or email jenny@cypri­otre­alty.com.

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