We have Great Land Opportunities in Cyprus

The all year round sunshine island of Cyprus is not only a very popular destination for the holiday maker searching for the perfect Cyprus holiday villa in the sunshine but has in recent years become the most sort after area for Europeans to immigrate to. Previously Cyprus was considered only as a place for the retired Europeans looking for somewhere to relax in the sunshine and take advantage of the benefits Cyprus offers. These days most of the immigrants residing in Cyprus are families and couples from across Europe who have chosen to live and work here making Cyprus their home. Most people choose Cyprus as their place of residence as it has exceptional climate as it is the most Middle Eastern European Country, the unemployment rate is approximately 4% and it has a very low crime rate.

The population growth rate of Cyprus has steadily continued climb and current figures show this at 1.04%. As the Population Growth Rate steadily increases in Cyprus it attracts more business ventures and opportunities, creating more job opportunities and also the need for more properties.

With a few exceptions, most member states will experience population decline between 2005 and 2050. Among the countries set to avoid population decline are the smaller states, such as Luxemburg, Ireland, Malta, Cyprus and Sweden. There are projected to be considerable differences between the individual Member States. Between 2008 and 2060, the population is projected to rise in thirteen Member States and fall in fourteen. The strongest population growth is projected to be found in Cyprus (+66%), Ireland (+53%), Luxembourg (+52%), the United Kingdom (+25%) and Sweden (+18%), and the sharpest declines in Bulgaria (-28%), Latvia (-26%), Lithuania (-24%), Romania(-21%) and Poland (-18%). For more information concerning the population growth figures you can refer to the following link:-http://europa.eu/rapid/pressReleasesAction.do?reference=STAT/08/119&format=HTML&aged=0&language=EN&guiLanguage=en

As Cyprus population has expanded and the need for residential homes in Cyprus has increased their has become a shortage of plots in Cyprus, the build factors have been reduced, therefore Cyprus land shortage has increased forcing Cyprus property investments to increase predicting higher capital Growth. The demand for property in Cyprus has risen as foreign investors from the EU, Middle East and Russia are choosing Cyprus as their holiday destination and Cyprus property for investment for their future investment as it benefits from a number of factors including exemption of estate duty on inheritance shares, excellent healthcare and advanced infrastructure.

Cyprus land value has also raised due to the encouraging Cyprus Tax Benefits. An advantage of registering a trading company in Cyprus is the desirable tax regime of 10% on the corporate profits.Favourable tax structures for:

1. Holding companies

2. Royalty companies

3. Finance companies

4. Real estate companies

5. Trusts

6. Trading companies

7. Collective investment schemes

8. Shipping companies

Recently The Minister of the Interior for Cyprus adopted a favourable treatment of Cyprus immigration permit applications to citizens of non EU countries. This shall apply to a non EU citizen who acquires a Cyprus private home over €300,000 for their own residence in Cyprus. A Cyprus permanent residence permit in Cyprus means the holder is exempt from the time consuming Cyprus immigration procedures which exist for non EU country citizens who enter Cyprus, (e.g. consular visa, renewals of residence permit, re-entry permits, etc.) The holder of category F Cyprus permanent resident permit is allowed to apply for a Cyprus passport in the 6th year of residency and may also enjoy all the rights and benefits of any European citizen in Cyprus. Due to this there is an increase in demand for the purchase of private Cyprus homes from non EU country citizens. This has a positive repercussion on the Cyprus economy and future Cyprus investment. Cyprus is due to join the Schengen Agreement. Active Schengen Visa members are:-

• Austria
• Germany
• Belgium
• Denmark
• Finland
• France
• Greece
• Iceland
• Italy
• Luxemburg
• Norway
• Portugal
• Spain
• Sweden
• The Netherlands

Therefore it is only a matter of time when Cyprus will be part of the passport free Schengen zone. Additional Schengen Articles can be found at the following website address http://www.lifeistravel.org/content/434 - Cyprus will join in 2010

http://www.eurofedop.org/spip.php?article180 - Cyprus in the next enlargement.

http://www.euronews.net/2007/12/21/final-curtain-for-cold-warfrontiers/ - Cyprus requested a year delay

http://ec.europa.eu/youreurope/nav/en/citizens/travelling/schengenarea/index.html - With a Schengen visa, you may enter one country and travel freely throughout the Schengen zone; internal border controls have disappeared.

http://www.schengen.dk/ - The new EU countries Bulgaria, Cyprus and Romania are - as all new EU member states - bounded to be part of the Schengen Agreement.

We have Great Land Opportunities for investors and individuals wanting to purchase Cyprus plots and develop plots or land in Cyprus in a beautiful Cyprus village town only 10 minutes from the golden beaches of Ayia Napa. This prosperous investment in Cyprus land is an investment opportunity that should not missed. These residential Cyprus plots of land have all services including electricity and water and these residential plots of land in Cyprus also have a 90% build factor. To request more information on the plots that are available go to the following link, complete and submit the enquiry form at http://sales.mypropertycyprus.com/articles/view/general-enquiry