Benefits of having a Cypriot passport

During the last years, there has been a growing interest from foreign investors in real estate properties, which are eligible for the granting of a Cypriot passport. This is due to the many benefits they are entitled to as members of the European Union. A few of the most appealing benefits are:

Freedom of travel

With a European passport, you can travel to all the member states without the need of a visa for as long as you like, while enjoying the same rights as with all the citizens.

Healthcare

European citizens enjoy a cross-border healthcare in any of the European Union member states. Additionally, citizens of Cyprus have the right to free healthcare of an advanced infrastructure and the highest quality at the Cyprus public hospitals. You are also entitled to the European Health Insurance card, which allows you to be treated in any member state at the same cost as any E.U citizen.

Education

Citizens of the Island are eligible for free education in the highly recognized public Universities of the island, such as the University of Cyprus and the Cyprus University of Technology. Degrees and diplomas granted by the Cypriot Universities are recognized in all the members of the E.U. Additionally, Cyprus citizens are entitled to the same conditions and tuition fees as with all the Europeans within the institutions of the E.U.

Taxation

In case you wish to expand your business activities, Cyprus offers an appropriate business environment. The island offers one of the lowest corporate tax rates in the E.U, and over 40 double tax treaties in order to aid with international tax planning.