“99% of all millionaires become so through owning real estate.” – Andrew Carnegie
A growing number of South Africans are exploring the option of purchasing a property overseas to acquire permanent residency and leave a legacy for their family. But, the choice of where to invest can be daunting. Cyprus – a full member of the EU – currently has the BEST permanent residency programme on offer, where two generations of the same family all secure permanent residency for life through the purchase of a single property!
There are a number of other reasons why Cyprus is so appealing:
- NO LANGUAGE BARRIER: Being an ex-British colony, everyone speaks English. Road signs, telephone and municipality rates accounts are all in English. You will feel right at home.
- STRONG ECONOMY: Cyprus’s economy is booming with increased foreign investment pouring into the country. There is a massive infrastructural drive and Paphos (the province on the west of the island similar to the Western Cape) is a winner of the 2023 European Capital of Smart Tourism.
- POLITICALLY STABLE: Cyprus has a democratically elected government and has a president with zero tolerance for bribery and corruption.
- INCREDIBLE LIFESTYLE: You have every modern convenience coupled with amazing outdoor living, lots of outdoor activities and loads to do.
- A CULTURE LIKE RSA: With gorgeous outdoor walks, nature reserves, golf estates and open spaces, you will feel right at home. There are plenty of expats who have moved to Cyprus to make it their new home.
- VERY ADVANTAGEOUS TAX BENEFITS: Cyprus has NO inheritance tax death tax), very low personal tax and low municipal rates.
- ENGLISH-SPEAKING UNIVERSITIES: They offer quality education in English.
Cyprus represents an excellent plan B investment destination and the property prices are affordable. The choice of where to buy is very personal and the type of property depends on your lifestyle requirements, budget and long-term plans. We will find you your ideal home! Contact us for a confidential meeting to discuss how Europe can fit in with your family’s plans. We will assist and guide you every step of the way to realise your plan B.