Advantages and disadvantages of Cypriot immigrants

The advantages of immigrants in Cyprus are superior social welfare conditions, comfortable life, avoidance of double taxation, the lowest tax rate in Europe, very stable social order, very low crime rate and sound education system.

1, superior social welfare conditions and comfortable life.

Cyprus is an island country with relatively stable economic development. The price level in this country is not very high, the cost of living is relatively low, the medical security service is perfect, and the consumption in this area is not very high.

2. It can avoid double taxation and has the lowest tax rate in Europe.

Cyprus has signed agreements with 45 countries with high taxes to avoid double taxation. The corporate income tax in this country is only 12.5%, which is the lowest among all European countries. Even for retirement, the special tax is only 5%.

Social security is very stable and the crime rate is very low.

Residents in Cyprus rarely install security doors because the crime rate in this country is very low, which is 1/5 of the average crime rate in Europe.

4. Improve the education system.

Cyprus is a 12 free British education, and the proportion of people aged 25-34 with a university degree is about 47.5%, which is much higher than the EU average.

Disadvantages of Cypriot immigrants

Because Cypriot immigrants have low language requirements, the whole family can submit their applications after the main application meets the requirements, but language is a common problem. Many families are often very lonely and bored because they don't know Cypriot and English.

Generally speaking, the cost of Cyprus passport is still very high. Especially in recent years, new policies have been constantly changing, and investment and donation norms have been upgraded. However, the enthusiasm of overseas investors has not diminished, and many people still submit applications and successfully obtain identity. Cyprus is considered as a transcontinental country, located between Asia and Europe. Cyprus is an island in the Mediterranean Sea. It is located in the eastern Mediterranean, near the Middle East.