CHINESE INVESTORS ON CYPRUS: A PLACE TO CALL HOME

Chen Juheng, Chairman of the Asia Arts Fund, strongly believes that many Chinese investors consider Cyprus as their second home, following the impressive number of successful relocations to the island.

Three main factors influencing Chinese investors to move to Cyprus include free movement of people within the EU, diverse and quality education, and the high-standard of living.

Nevertheless, incentives for relocating to Cyprus lie heavily in investment opportunities in the natural gas discoveries, the promising solar and wind energy projects, but also possibilities in wine exports, and the tourism industry.

It is important for the Cyprus Government to regain the confidence of Chinese investors, which suffered greatly as a consequence of the banking crisis.

On a final note Mr. Juheng proposed that the Cyprus Government improves the current requirements and criteria for the Permanent Residency permit, giving measurable estimations of property value in order to ensure transparency and trust to the investors.

WANT TO BUILD A FINANCIAL EMPIRE?

Subscribe to the Global Banking & Finance Review Newsletter for FREE
Get Access to Exclusive Reports to Save Time & Money

By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.

It is worth noting that a number of foreign nationals are now looking to invest and relocate to Cyprus, in search of a stable basis within the EU.