Passport, Property, Revenues: an Astons Client Received Cypriot Citizenship

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For over 30 years, international company Astons has enabled its clients worldwide to gain a second citizenship. Now, it congratulates a client who received an EU passport due to lucrative property investment in Cyprus.   

 

Our client addressed Astons for a consultation back in 2014 when he first learned of the Cyprus Citizenship by Investment Programme. ‘My request was handled by a very professional team. The documents were collected promptly,’ recalls Mikhail, a citizen of Russia. ‘The Astons lawyers and consultants arranged me a warm reception in Cyprus and helped with choosing the property. I opted for a beautiful beachfront villa - perfect fit for a family vacation’. 

 

Once our client and his family gained the Cypriot citizenship, he was pleasantly surprised: ‘At first, I didn’t expect anything from the investment. I just needed a passport to live in the EU. It turned out even better: in 3.5 years I managed to sell the villa at a 40% higher price. The Astons experts had revealed solid expertise in the property market: they provided detailed analytics, participated in developer negotiations, performed property checks and eventually helped me sell the villa with a profit’.

 

Our client was happy to learn that the Cypriot real estate market is on the rise. The number of sale and purchase transactions increased by 21 percent last year. Investment in Cypriot property not only secures an EU passport, but also allows investors to yield a tangible ROI.

 

Astons is a leading global immigration advisory firm with offices in London, Beijing, Moscow, Dubai and Limassol (Republic of Cyprus) and offers residency & citizenship investment solutions worldwide including UKTurkeyVanuatuEU & the Caribbean

 

For further information or to discuss your personal circumstances in a private consultation, please contact Astons at info@astons.com or call +44 207 292 2977