‘Europe’s most popular residence programme is a stand-out for a reason,’ according to investment migration industry expert Yiannos Trisokkas.
‘Europe’s most popular residence programme is a stand-out for a reason,’ according to investment migration industry expert Yiannos Trisokkas.
Choosing an offshore jurisdiction can be a complicated process because there are many parameters that need to be considered. Each jurisdiction has its own advantages and disadvantages.
Cyprus and Malta are the top European competitors with regard to Citizenship by Investment (CBI) programs.
Cyprus is one of the countries in Europe that have the Citizen by Investment (CBI) program.
In recent years, Cyprus has taken steps to package itself as a competitive destination for individuals and companies seeking favorable non-domicile tax residency.
Up until Brexit appeared on the scene, the United Kingdom’s London was thought to be one of the most financially beneficial cities to invest in.
An EU passport provides many benefits including travel, education, safety, business, and healthcare to name a few. For either personal or business reasons some people need to acquire an EU passport.
Now a popular privilege in life, those who can afford it often acquire a second passport and citizenship in another country either for business, personal reasons or both.
The opportunities that international property investments bring are endless. From dual citizenship's, healthcare and education to tax incentives it is no wonder why so many high net worth individuals invest internationally. However, with so many options of investment, many people ask where should I invest? For those that do invest, it is important to keep the following in mind while on the journey of international property investment: Research the culture and way of life of the country you invest in, Gauge the tax impact, Invest with a team, Allow for unexpected costs.
The Cyprus Citizenship Program currently one of the most reputable schemes, and has set stricter criteria and will become even more beneficial to individuals that invest in it.