Invest in Plan B
It’s easy to obtain your lifetime residency or citizenship in a European country – simply invest in real estate in Cyprus,
Many South Africans are looking to invest in overseas properties, most of them seeking a Plan B as well as an investment opportunity.
The island of Cyprus, a full European Union (EU) member state, is definitely an attractive choice, largely thanks to the plentiful advantages this European country has over other property destinations.
A thriving real estate industry, a favourable tax system, fast and efficient immigration programmes through property investment, a safe environment and a strategic geographic location are some of the reasons property investors are drawn to Cyprus.
This country has long established itself as a thriving business hub, with a vast array of investment opportunities in key growth sectors of the economy.
The island’s advanced infrastructure, high quality of life and low cost of living are not only key reasons to live there but also support a choice to invest in Cyprus.
The country is an ideal investment gateway to the EU and a portal for investment outside this zone too. It’s an option that ensures safety and stability for investors, as well as market access to the EU.
Cyprus has a simple and transparent tax system with multiple exemptions for both corporates and individuals.
Benefits include:
• Zero property tax
• Zero transfer fees
• 5% reduced VAT on first property
purchase (standard VAT rate: 19%) • Zero inheritance tax
• Low capital gains tax (20%) • Non-domicile tax incentive
• A corporate tax rate of 12.5%
As the preferred property developer in Cyprus, Aristo Developers is recognised by a plethora of local and international organisations for its high-quality product.
It is one of the few property developers in Cyprus to offer a variety of freehold properties at the most exclusive locations.
The group’s diverse range, including boutique apartments, townhouses, plots, luxury villas, golf properties and beachfront residences, suits every taste and budget.
As a key partner in establishing Cyprus as a world-class investment destination, Aristo Developers has been a popular choice among investors seeking Cypriot citizenship or permanent residency through property investment.