{"id":23597,"date":"2016-08-22T16:42:21","date_gmt":"2016-08-22T09:42:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cyprus-offers-thai-property-investors-eu-citizenship\/"},"modified":"2016-08-22T16:53:38","modified_gmt":"2016-08-22T09:53:38","slug":"cyprus-offers-thai-property-investors-eu-citizenship","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cyprus-offers-thai-property-investors-eu-citizenship\/","title":{"rendered":"Cyprus offers Thai property investors EU citizenship"},"content":{"rendered":"


\nLifetime EU membership can be had by those with a liquid USD3 million
\nCyprus offers good quality of life. Image credit: Anilah\/Shutterstock
\nThai property investors are among those being \u201cwooed\u201d by Cyprus, offering them lifelong European Union citizenship for investments of over Bt100 million (USD2.9 million).
\nThis is one of several incentives the Cypriot government is presenting to attract wealthy Thais in a number of sectors, including the real estate world, the Nation reports.
\n\u201cThe country is targeting more capital from Thailand, attracting investors with easy migrant permission to become an EU citizen through investment, Cypriot High Commissioner Demetrios Theophylactou said last week. \u201cThe country expects to raise capital from Thai investors in prospective sectors including property, energy, oil and gas, infrastructure and tourism.\u201d<\/p>\n

More: Thailand\u2019s luxury developers seek outside investments
\nCitizenships are being offered for a minimum of EUR2.5 million (USD2.8 million) and permanent residencies for EUR300,000 (USD339,000).
\nCyprus offers a competitive edge over its EU counterparts, including lower minimum capital and lower capital-gains tax, which make it easier to migrate to Europe.
\nThe country\u00a0has been a member of the EU since 2004 and the euro zone since 2008.
\nIts competitive advantages include ease of doing business, a robust legal and regulatory framework, a strategic location in the EU and good quality of life.
\nRead next: Thailand will see its first REIT this year
\n
\nSource : property-report.com
\nRead more…Cyprus offers Thai property investors EU citizenship<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lifetime EU membership can be had by those with a liquid USD3 million Cyprus offers...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-23597","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-68B","jetpack-related-posts":[{"id":42631,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/get-in-early-on-this-dh871m-resort-in-cyprus\/","url_meta":{"origin":23597,"position":0},"title":"Get in early on this Dh871m resort in Cyprus","date":"February 2, 2017","format":false,"excerpt":"\r The Egyptian billionaire 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