Tips for Getting Cyprus passport by Investment

Introduction

Cyprus is one of the smallest countries in the world. The island nation has a population of less than 1 million people. Still, the country is famous for its friendly environment, excellent beaches, friendly people, low taxes, and highly-developed infrastructure. In the past few years, the number of people taking advantage of all of this has been increasing. A good number to see is that the number of people applying for the golden passport is rising. This is a passport that one gets after making a huge investment. In this article, I will look at some of the tips you can use when applying for a Cyprus passport by investment.

Live in Cyprus First

A Cyprus passport by investment involves a lot of money. No matter how rich you are, $2 million is a huge investment. As such, you don’t want to struggle to get a passport in a place you will not live. As such, I recommend that you first spend a lot of time in Cyprus. Live in some of the best neighbourhoods and make friendships there. You can use the normal residents visa to do this.

Find a good lawyer

If you decide that Cyprus is the best place for you to live, we recommend that you get a lawyer. It is not possible to get such a passport without a good lawyer. The lawyer, such as PageCorp Group will help you take you through the process. According to government regulations, the lawyer will carry out a background study for you. The attorney will investigate whether you are a good person and not a fugitive. They will investigate the source of your money. Therefore, you should invest in a good and professional lawyer that has been in the business for a long time.

Good Schools for your Kids

If you are a parent, you should work to find the best schools for your children. While there are many schools in Cyprus, you can also enrol them in those from the European Union countries like United Kingdom, UK, France and Germany. These students will be viewed as local students because Cyprus is a member of the European Union. 

Make a Good Investment

A good Cyprus passport by investment allows you to invest in the country in exchange for a passport. Therefore, we recommend that you take time to find a good investment. You can use a good real estate agent to help you find a good property.

Tips for Cyprus Company Formation

Starting a business is a dream that most people have. They want to live a successful life, solve local problems, and live a better life. Think of international entrepreneuers like Bill Gates, Marc Bernioff, and Mark Zuckeberg and how they have changed the world. As an entrepreneur, the location you decide to base your company matters a lot. In this article, we will look at the ideal tips for Cyprus company formation.

Need to Research

If you are starting a company, it is important that you conduct a lot of research. This is because most companies that are started fail within the first few years. This is partly because their founders have not done a lot of research about the business they are starting. Research will help you find whether there is a need for your business. It will also help you know whether there is a need for your product or not. Further, research will tell you of the best approach to grow your product. Therefore, take time to research your company before you start.

Use a Good Attorney

Using a lawyer is a very important thing that you can do when doing Cyprus company formation. A lawyer is essential for several reasons. They will help you understand the rules and legal framework of the region. As you know, the European Union is one of the most over-regulated regions in the world. Therefore, you should work to find a good attorney that will explain to you the rules. Some of the most recent regulations passed in the European Union are MIFID and GDPR. 

Other work that company formation lawyers in Cyprus will do are. First, they will register and defend your intellectual property. These properties include trademarks and patents. Second, they will create for you memorandum of association. These are documents that are required by the law. Third, they will do the actual registration of the company. They will create contracts for your employees. A good law firm that is known for all this is PageCorp Group.

Start and Grow

After you have registered your company, you need to run it well. In this, you need to ensure that you have the best employees, the best products, and the best strategy. You can start by creating a good website that has all the features and information about your company. A good website should be responsive, informative, and simple.