An island country situated in the Middle East, Cyprus is a plain region with mountain ranges in the north and south. This island is a rich cultural ground where numerous people have mingled throughout the history. This historical importance along with the beautiful island makes it a beautiful tourist destination. The people of Cyprus are of hospitable nature and as a matter of fact many even speak English. Their citizenship by investment program is one the best in the world providing passport holders with some amazing benefits and perks. Cyprus citizenship by investment benefits are discussed in detail below.
Educational Benefits
Education is one of those things which everyone looks forward to and wants to avail. As much as people want to obtain education it has become a very expensive venture. But after getting a Cyprus citizenship one can study in top EU universities in the same way as local students do. You will also be exempted to pay heavy university fees and submit lengthy paper work, which normally non-EU citizens provide.
Leisure and Safety
One of the countries with the lowest crime rate, Cyprus is a heaven for tourists. Heavenly climate, with a very mild winter, beautiful beaches and hospitable people make this place a Shangri-La for visitors. Compared to the whole EU, Cyprus has a very moderate temperature. However, this does not mean one is deprived of ski resorts and other activities. The diverse geographic scenery coupled with friendly English-speaking locals make Cyprus a perfect destination.
Transfer Citizenship to Future Generations
Another unique advantage of holding a Cyprus citizenship is that it can be transferred to your future generations without any paperwork. Dependent children under the age of 18 are not required to submit separate papers for their citizenship rather they are granted without any hassles. Moreover, a person’s children or his children’s offspring born after the Cyprus citizenship are automatically Cypriots without going through the process of submitting additional documents.
No Visa Headaches
Holding a Cyprus citizenship gives an additional advantage of working without a permit in the European Union. In a world where economic opportunities are getting scarce, this is a vital advantage. This can broaden a person’s professional horizon as he has the option of travelling without any impediments throughout the EU. He can avail economic opportunities and work in any EU country without being required to have a work permit.
Medical and Tax Benefits
Another benefit of holding a Cyprus citizenship by investment is the medical and tax benefits one receives. By becoming a Cyprus citizen one can utilize the free of charge European health insurance card. This card provides free of charge health services to the citizen and is even functional in countries like Switzerland and Iceland. Cyprus is also a haven for people wanting to restructure their business and optimizing the overseas tax.