Citizenship by investment, also known as economic citizenship, is still a very foreign term to many people worldwide. However, businessmen and investors from all over the world are starting to take advantage of the fact that they can become citizens of another country by investing in it, as obtaining a second citizenship brings along many benefits. For example, in case of a social or political unrest in your country, a second citizenship would give you a safe place and a shelter to escape to. Furthermore, a second citizenship can open up many business opportunities, especially if you choose a country with a favorable tax system such as Cyprus.
Being a citizen of another country can mean more than just having a permanent place to visit on vacations. You can utilize this citizenship to hold your funds in a country that has lower taxes, thus collecting benefits in many different aspects. As great as owning a second citizenship is, obtaining it is not that simple. Economic citizenship or citizenship by investment is best described as citizenship granted to a person in exchange for a larger investment in the country. In other words, investing a specific amount of money into a country of your choice can get you their citizenship in return.
The best way to obtain Cyprus citizenship by investment is by hiring one of the best professional lawyers in the area through their most effective law firm known as Evagoras Anastasiou and Associates LLC. Being registered in the Registry of Service Providers for the Cyprus Investment Programme, our firm can submit the citizenship application on your behalf, as requested by The Cyprus Ministry of Interior. Their latest changes brought new rules that include the fact that you cannot apply for the citizenship without a registered service-provider submitting your application. Besides assisting you in this matter, Evagoras Anastasiou and Associates LLC law firm will ensure you gain visa-free travel benefits for all countries in the European Union, as Cyprus itself is a part of the EU. Get in touch with us to further discuss how we can help you obtain citizenship by investment.