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Cyprus is expected to join the Schengen area, the passport will contain gold or upgraded
Recently, Cyprus’s local circulation newspaper, the Cyprus post that reported Cyprus submitted an application to join the Schengen area in September. Note: the application was submitted and waiting for the first part of the EU assessment.
What are the advantages of joining Schengen?
1. The border control between the Schengen countries are abolished, free movement of people, goods, funds and services within the EU.
2. The Schengen countries are also more likely to cooperate in education, health, and social services, so that citizens of the member states of the agreement can benefit from the integration results in many fields and promote win-win development.
The location of Cyprus is very good. It is located at the junction of Asia, Africa and Europe. Joining the Schengen area will bring more development opportunities to the tourism industry, shipping industry, economy and trade in Cyprus. In fact, Cyprus has been making efforts to join the Schengen countries and has made substantial progress, which means that applicants holding the Cyprus green card will gain more value. For applicants who are preparing to immigrate to Cyprus, they need to put the immigration plan on the agenda as soon as possible.
As a country of immigration, Cyprus’s investment passport program has always been favored by high net worth individuals.
Cyprus EU passport advantage
1. Passports are exempted more than 150 countries and regions around the world;
2. The Cyprus EU passport holders can live, work and study freely in 32 European countries (including 28 EU countries including Britain, Germany, Italy and France, as well as Switzerland, Norway, Iceland and Liechtenstein). Enjoy the same benefits as the EU citizens in EU countries;
3. Freehold property, real estate can be hereditary;
4. British education system, children can enjoy quality education;
5. The tax system is superior.
Requirements
1. Non-criminal record;
2. Investment requirement* for details, please contact us.
With the popularity of the Cyprus EU passport, the number of applicants is increasing. Since last year, the Cyprus government has repeatedly raised the threshold for applications. Not only will restrictions on the number of applications, but also increase the cost of donation, whether the future policy will be further tightened, no one can predict. Therefore, investors who want to immigrate to Cyprus seize the opportunity.
Why choose us: WZ&P is the expert in residence and citizenship planning. There are hundreds of clients and advisors rely on our expertise and experience. Our highly qualified professionals work together as one team worldwide.
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