GLOBAL IS THE NEW LOCAL CITIZENSHIP & RESIDENCY BY INVESTMENT PROGRAMS

Transcription

1 GLOBAL IS THE NEW LOCAL CITIZENSHIP & RESIDENCY BY INVESTMENT PROGRAMS

2 01 CITIZENSHIP BY INVESTMENT PROGRAM 02 WHY CYPRUS? 03 BENEFITS 04 COST & INVESTMENT OPTIONS 05 REQUIREMENTS 06 APPLICATION PROCESS 07 ABOUT US

3 CITIZENSHIP BY INVESTMENT 01

4 One of the main objectives of the economic policy of the Republic of Cyprus is to further encourage Foreign Direct Investment and to attract high net worth individuals to settle and do business in Cyprus. Key factors that make Cyprus an attractive destination for investment, is the highly specialized human capital, the reliable legislative and regulatory framework, the stable tax system and the safety and stability conditions prevailing in the country. The Council of Ministers, on the 13th of September 2016, revised the "Scheme for Naturalization of non-cypriot investors by exception" and, thus, established the new criteria and terms based on which non Cypriot entrepreneurs/investors may acquire the Cypriot citizenship. Cyprus CITIZENSHIP BY INVESTMENT The Cyprus Council of Ministers has decide that the investor and his/her adult family members, prior to their naturalization as Cypriot citizens, must hold a residence permit in Cyprus. If the applicant (either investor or family member) does not already hold a residence permit, he/she may apply for an Immigration Permit on the basis of Regulation 6 (2) of the Aliens and Immigration Law, simultaneously with the application for naturalization. The Cypriot citizenship can be granted to the spouse or partner of the investor and to his/her parents, financially dependent adult children and minor children (under the age of eighteen). The Citizenship by Investment Program Cyprus has been developed by the government as another mechanism for promoting economic growth. Its purpose is to boost the country's development and infrastructure by increasing foreign direct investment into the country in order to ensure a sustainable future. Cyprus is a member country of the EU since May 1, Cyprus currency is Euro ( ) since it became a member of the Eurozone on January 1, The political system is a presidential republic.

5 WHY CYPRUS? 02

6 Why Cyprus? Cyprus is one of most stunning natural environment of the world; Cyprus is an island country in the Eastern Mediterranean Sea, off the coasts of Syria and Turkey. Cyprus is the third largest and third most populous island in the Mediterranean and it is also the world's 80th largest by area and world's 51st largest by population. It is located south of Turkey, west of Syria and Lebanon, northwest of Israel and Palestine, north of Egypt and southeast of Greece. The island s ideal strategic location has shaped its history and civilization throughout the centuries. It measures 240 kilometres (149 mi) long from end to end and 100 kilometres (62 mi) wide at its widest point, with Turkey 75 kilometres (47 mi) to the north. Cyprus has a subtropical climate one of the warmest climates in the Mediterranean part of the European Union with very mild winters (on the coast) and warm to hot summers. Snow is possible only in the Troodos Mountains in the central part of island. Rain occurs mainly in winter, with summer being generally dry. The area of the Republic of Cyprus under government control has a market economy dominated by a services sector that accounts for more than four-fifths of GDP. Tourism, finance, shipping, and real estate have traditionally been the most important services. Cyprus has been a member of the EU since May 2004 and adopted the euro as its national currency in January During the first five years of EU membership, the Cyprus economy grew at an average rate of about 4%, with unemployment between 2004 and 2008 averaging about 4%. We suggest the Citizenship Program Cyprus will offer our customers a lot of benefits.

7 BENEFITS 03

8 Benefits Visa-free travel to 171 countries, including Europe, Switzerland, Hong Kong, the UK, etc. Cyprus Citizenship is for lifetime and can include beside the main investor also his dependent family as spouse, children and parents. The right to live, work, and study in all 28 EU countries. Free and easy money transfer within all European countries. Excellent education and healthcare systems

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10 Applicants must make a significant economic contribution to the country in order to apply for the Cyprus Citizenship Program and can choose between four investment options: 1. Investment in real estate, land development and infrastructure projects The applicant must have made an investment of at least 2,0 million for the purchase or construction of buildings or for the construction of other land development projects (residential or commercial developments, developments in the tourism sector) or other infrastructure projects. Cost & Investment Options It is noted that investment in land under development is included in this criterion, provided that an investment plan for the development of the purchased land will be included in the application. It is understood that investment in land that is situated in a building zone of zero development, is excluded. 2. Purchase or Establishment or Participation in Cypriot Companies or Businesses The applicant should have made a purchase or should have participated in companies or organizations established and operating in the Republic of Cyprus with investment costs of at least 2,0 million. The invested funds shall be channeled towards the financing of the investment objectives of these companies exclusively in Cyprus, based on a specific investment plan. The applications shall be evaluated to verify that the companies or organizations have proven physical presence in Cyprus, with significant activity and turnover and employ at least five (5) Cypriot or citizens of European Union member-states. The minimum number of employees shall increase, if more than one applicant invest simultaneously or almost simultaneously in the same business or company. In addition, the employees of the companies need to have legally and continuously resided in Cyprus during the five years preceding the application submission date.

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12 How to become a Cypriot citizen? To qualify for Cypriot citizenship applicants must fulfill the following criteria: Requirements must be at least 18 years of age hold no criminal record Possess a valid passport or another foreign travel document. have a high personal net worth attest the power of attorneys and the investment agreement. provide documents supporting the source and origin of invested funds. and must fulfill one of the investment options below in addition. Furthermore our consultants will guide you through the whole submitting process for the Citizenship Program Cyprus.

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14 1. Application preparation To prepare the application, we collect all necessary documents from you and also perform a background and security check Application pre-approval If everything is OK in the first step, we will issue a pre-approval of the application. 3. Submission of citizenship application Your application will now be submitted to the government for further processing. 3 Application Process 5. Approval of the application by the Government Receipt of the written approval of the application by the Government Government processing Government processing of the application and due diligence checks Investment The investment chosen in advance must be made. 7. Citizenship certificate issued The citizenship certificate is issued. Now you are an official citizen of Cyprus Issuing of passport Your passport will now be issued and ready for pickup.

15 ABOUT US 07

16 Some information about our company GCI - Global Citizenship Investment is a subsidiary of The Consultant Middle East Ltd., one of the world's leading foreign direct investment and immigration investment companies. We advise and assist both wealthy individuals and their families in selecting suitable investor immigration programs to enable them to live in the most hospitable, prosperous and secure countries in the world, as well as governments in planning, designing and executing such programs. The aim of such programs is to increase the attractiveness of a country to international entrepreneurs and investors and to create more favorable conditions for foreign direct investment. Our legal team of specialist immigration lawyers has more than 25 years of experience in this area and is one of the most recognized in the global immigration industry. The executive level of our company is a team of highly talented, highly experienced and dynamic executives, many of whom have different cultural backgrounds. All managers have many years of experience and are specialists in advising high net worth clients, foreign investors and governments. Core areas of our consulting services are Citizenship and Residence planning, foreign direct and immigration investments. This also applies to our worldwide network of certified partners, consisting of political advisors, foreign direct investment specialists and legal experts. Over the last few years, we have been able to successfully advise and support many governments on such projects with our partner network. The growth of this market is enormous and will continue to increase dramatically over the next few years. More and more countries around the world have realized that they need to find new ways to attract foreign investors to their country. At GCI - Global Citizenship Investment, we take this challenge every day with pleasure. According to our company philosophy: "Focus on you - our customers. YOUR CHANCE FOR A BETTER LIFE."

17 Who we are GCI Board of Advisors is an independent, non-executive group of distinguished individuals who from time to time consult with the firm's senior management on strategy and important issues, new business ideas, philanthropic initiatives and other matters. The Board of Advisors meets at least once a year and is currently made up of the following individuals: BOARD MEMBER BOARD ADVISOR Uwe Zirbes Board Member 21 Years CEO hunting heads Group Uwe Klenk 15 Years CMO Walmart USA Taleb Adbulrehman Al Saleh Middle East Shahriar Ahmed Bangladesh Dr. Jens Oliver Schuster Board Member China Sajjad Mahmud India Mudassar Quarban Pakistan Adetunji Olorunfemi Africa Holger Fährmann Board Member, CTO & CMO Elmar Sachsenhauser Board Avisor Iraq Anil Kehtan Singapore Robert Rokvick Vanuatu Vladimir Kogan USA Shareholder of Bukh Global Partners Axel Seide Thailand Sergej Z. Moldova

18 GCI - Global Citizenship Investment Menara Citibank, Level , Jalan Ampang Kuala Lumpur Malaysia Phones: Malaysia: Dubai: Serbia: Skype: WhatsApp: Viber: CONTACT US THANK YOU FOR CONTACTING GCI - Global Citizenship Investment. office@citizenship-program.com Web: Let s Get in Touch For your convenience we provide several forms depending on what your enquiry relates to: If you are an investor or represent an investor and would like to enquire about the services we provide, please complete the investor enquiry. If you are a government representative and would like to discuss a possible engagement of our firm, please complete the government enquiry. If you are a journalist or editor and have a press/media enquiry for GCI - Global Citizenship Investment, please complete the media enquiry. If you are a lawyer and would like to inquire about the possibilities of our certified partner network, please complete the request become a certified partner