This is neither a residence permit nor an investor visa. This is a fast track citizenship of an EU member state. GLOBE INVESTMENTS

Size: px

Start display at page:

Download "This is neither a residence permit nor an investor visa. This is a fast track citizenship of an EU member state. GLOBE INVESTMENTS"

Charleen Benson
6 years ago
Views:

1 C I T I Z E N S H I P B Y I N V E S T M E N T This is neither a residence permit nor an investor visa. This is a fast track citizenship of an EU member state.

CYPRUS IN A NUTSHELL Cyprus is a thriving business hub, strategically located between Europe, the Middle East, Africa and Asia at the crossroads of the global economy.

2 CYPRUS IN A NUTSHELL Cyprus is a thriving business hub, strategically located between Europe, the Middle East, Africa and Asia at the crossroads of the global economy. Member of the European Union and the EMU with a modern telecommunications and transportation network and tested banking and legislative infrastructure but also with a corporate tax of 12.5% and about 50 double-tax treaties. Cyprus is already an established gateway to the world of international trade and a destination that serves as a strategic base for those entities that seek for a truly competitive Cyprus, Europe,Asia and Africa advantage. Cyprus commitment to business and in particular to the service industry is evidenced by, world class business facilities, its educated and multilingual workforce and its excellent housing and education offerings. All these, enhanced by, its Mediterranean climate with about 300+ days of sunshine, one of the lowest crime rates in Europe, a choice of cosmopolitan lifestyle or not, its native population that has been through its thousands of years of history accustomed to live and interact with a variety of nations.

3 THE CITIZENSHIP BY INVESTMENT OUTLINE EU CITIZENSHIP WITHIN A FEW MONTHS BY INVESTING EUR 2 MILLION FOR 3 YEARS Eligibility:- all nationalities Visa free travel:- 158 countries Exit strategy:- 3 years Family:- spouse and dependants up to 28 years old Tax consequences:- none Dual citizenship:- permitted Unrestricted right to live, work, own and operate a business, travel & study anywhere in the EU Access to the first-class EU health care and education systems Cyprus offers a wonderful climate and ecology, one of the safest places in the World and an English speaking environment

4 TERMS OF OBTAINING YOU R EU PASSPORT NO OTHER COUNTRY OF THE EUROPEAN UNION OFFERS CITIZENSHIP AS FREELY AND WITHOUT DIFFICULTY ON SUCH SIMPLE AND CLEAR TERMS. Cyprus passport within 6 months only! No requirement to reside in Cyprus No donations required Investment to be kept just for 3 years No exams in history or Greek language Minimum investment 2m Wide range of investments residential or commercial properties, investment funds,shares of companies,government bonds. MINIMUM INVESTMENT ADDITIONAL CONDITIONS TOTAL AMOUNT Note that the law requires the mandatory acquisition of personal immovable property by each investor worth at least 500,000 ex.vat. RESIDENTIAL COMMERCIAL GOVERNMENT BONDS 2 mln (ex. VAT) 2 mln (ex. VAT) 500,000 Bonds; 1,5 mln assets Purchase of RESIDENTIAL private property of minimum 500,000 (ex. VAT) 2mln (ex.vat) 2,5mln (ex.vat)

THE PROCESS Meet with us, discuss your needs

will prepare the documentation to obtain

Purchase of a residential property for a min

Application (submission of documents) for

Ministry of Finance revises and Due Diligence

5 THE PROCESS Meet with us, discuss your needs and circumstances and wewill advise you on your best investment strategy. Choose one of our investment packages and we will prepare the documentation to obtain citizenship. Make the Investment. Purchase of a residential property for a min of 500,000 ex.vat. Application (submission of documents) for obtaining citizenship. Ministry of Finance revises and Due Diligence takes place by Migration Dept; Council of MinistersApproval Provide Biometric Data Passport Issued Get your Cyprus EU passport just after 6 months!

6 OUR COMMITMENT

7 Globe Investments SELECTED C I T I Z ENS HIP PACKAGES A LL PA C KA G E S S UB J E CT TO AVA I LA B I LITY

AYIA NAPA & PROTARAS PACKAGE 1- ALASIA An outstanding collection of luxury smart homes in Protara s newest community, situated in an area of low building density which is only reserved for houses and

8 AYIA NAPA & PROTARAS PACKAGE 1- ALASIA An outstanding collection of luxury smart homes in Protara s newest community, situated in an area of low building density which is only reserved for houses and green areas, featuring residences with high specifications and customized living. The Package: The Residence: One ELITE BLUE 3 Bedroom Hill Side Residence at Ayia Napa;and The Investment: Six Alasia 3 Bedroom Smart Homes Value 2,750,000

AYIA NAPA & PROTARAS PACKAGE 2 - LEVANDA LevandaVillas is a unique development set in a peaceful location just 10-minute walk away from the nearest beach in AyiaTriada.

9 AYIA NAPA & PROTARAS PACKAGE 2 - LEVANDA LevandaVillas is a unique development set in a peaceful location just 10-minute walk away from the nearest beach in AyiaTriada. The style of the development is contemporary so as to blend in with the scenic Mediterranean surroundings. The Package: The Residence: One ELITE BLUE 3 Bedroom Hill Side Residence at Ayia Napa;and The Investment: Six Alasia 3 Bedroom Smart Homes

PERVOLIA - LARNACA PACKAGE 3 FAROS VILLASCOMPLEX The Faros Compex comprises of seven 3-bedroom and 3 2-bedroomVillas in a unique secure setting in the Village of Pervolia with access to superb

10 PERVOLIA - LARNACA PACKAGE 3 FAROS VILLASCOMPLEX The Faros Compex comprises of seven 3-bedroom and 3 2-bedroomVillas in a unique secure setting in the Village of Pervolia with access to superb facilities at the nearby e-hotel. Large heated swimming pools Decking Mature garden Shower/ BBQ area, Provisions for Jacuzzi Kitchen area: Granite tops, Bosh full electrical equipment, Italian kitchens of very high standard Living areas: Marble surfaces, Under floor heating,hiddena/c systems in ceiling,intercom system with camera Covered parking This package satisfies all requirements of the Cyprus Citizenship by Investment program. Value 2,750,000 PERVOLI A - LARNACA

Heights is a well designed gated apartment community comprising 62 units.

Each apartment benefits from the exclusive self contained resort facilities including; a large communal pool,

The project is located on the outskirts of the traditional village of Tersefanou and is a short 15 minute

Apartments 15 Description of Apartments Title Deeds Building Condition 1 & 2 beds & Penthouses Yes Completed

classified as resales, hence enjoying 0% VAT on the investment saving 19% VAT (more than 285,000) Highlights

INCLUDED PRIVATE PARKING FURNITURE WHITE GOODS AIR CONDITIONS NO VAT HIGH CAPITAL APPRECIATION POTENTIAL DUE

Emerald Heights 1 A16/12 1 1 122,165 2 A16/102 2 1 227,240 3 A16/105 2 2 penthouse 300,000 4 A16/203 1 2

11 Your Investment!!! Awarded for the International Residential Project Emerald Heights EMERALD HEIGHTS / Larnaca Cyprus Emerald Heights is a well designed gated apartment community comprising 62 units. The project has a selection of 1, 2 and 3 bedroom apartments. Each apartment benefits from the exclusive self contained resort facilities including; a large communal pool, club house and gym all surrounded by beautifully landscaped gardens. The project is located on the outskirts of the traditional village of Tersefanou and is a short 15 minute drive to the center of Larnaca. Apartments 15 Description of Apartments Title Deeds Building Condition 1 & 2 beds & Penthouses Yes Completed Purchase Cost 2,783,044 These units have been previously sold in 2006 as off-plans and they are now classified as resales, hence enjoying 0% VAT on the investment saving 19% VAT (more than 285,000) Highlights 15 APARTMENT UNITS IN THE SAME PROJECT TITLE DEEDS ISSUED IMMEDIATE RENTAL RETURN OF 4% PENTHOUSE APARTMENTS INCLUDED PRIVATE PARKING FURNITURE WHITE GOODS AIR CONDITIONS NO VAT HIGH CAPITAL APPRECIATION POTENTIAL DUE TO THE PROPOSED GOLF COURSE IN THE AREA S/N Unit Number Beds Baths/ WC Actual Net Selling Price in 2006 Emerald Heights 1 A16/ ,165 2 A16/ ,240 3 A16/ penthouse 300,000 4 A16/ penthouse 141,136 5 A16/ ,430 6 A17/ ,182 7 A17/ ,182 8 A17/ penthouse 355,000 9 A17/ penthouse 121, A18/ , A18/ , A18/ , A18/ , A18/ , A18/ penthouse 136,697 TOTALS 2,783,044 HOLDINGS LTD ARTEMIDOS 3, LEVEL 3, P.O.Box 40640, 6306 Larnaca Cyprus Phone info@globeinvestltd.com

Centre, Close to Larnaca Port and all amenities Prime rental location

12 Prime Larnaka Location The building comprises of: 20 x 2 bedroom units 5 x 1 bedroom units 5 Floors, plus Ground floor Parking Location: Larnaca Centre, Close to Larnaca Port and all amenities Prime rental location Package: Value 2,500,000 (No VAT) Immediate Transfer of Company No Transfer Fees

A Destination for the Rich After a survey conducted by some of the most well-known property consultants worldwide, Knight Frank Lifestyle, Cyprus ranks as the 5th most popular spot for wealthy

13 A Destination for the Rich After a survey conducted by some of the most well-known property consultants worldwide, Knight Frank Lifestyle, Cyprus ranks as the 5th most popular spot for wealthy individuals. This report focuses on 23 destinations around the world and ranks them, placing Dubai on the winning bar. The large number of International schools in Dubai was deemed rather satisfactory, as well as recreational activities and the long hours of sunshine. Second place was taken jointly by Cayman Islands, Mallorca and Geneva, winning points on all ten lifestyle categories. From the results, Cyprus is an attractive destination providing a warm, friendly place to be for people who wish to reside here or withdraw as pensioners in a country with a lot of sunshine. Furthermore, tax coefficients in Cyprus may range from a very small tax to total tax exemption from foreign income or tax relief on local income. Cyprus possesses a pretty attractive tax regime with relevantly low taxation rates for earned income, capital gains tax, it is confined to immovable property placed in Cyprus, there is not tax for wills and succession of estate, neither withholding income tax on investments.

14 GLOBE INVESTMENTS Stella Maria Tower, 3rd floor 3ArtemidosAve., Larnaca 6027,Cyprus PO Box 40640, Larnaca 6306,Cyprus Tel: Fax: Globe Investments Holdings Ltd Reg.No.HE335051

Cyprus A Streamlined P.R. Program

Cyprus A Streamlined P.R. Program OBTAIN A PERMANENT RESIDENCE PERMIT IN CYPRUS, WITHIN TWO MONTHS, WHEN BUYING A RESIDENTIAL PROPERTY WORTH 300,000 (HERE AND BELOW AMOUNTS ARE EXCLUDING VAT WHERE VAT