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What industries can you invest in by immigrating to Cyprus? What are the advantages?
Steady investment industry-real estate
The crime rate in Cyprus is only 1/5 of the European average crime rate, which is the lowest in Europe. The local people live and work in peace and contentment, and are frank and generous with others, making them one of the safest countries in the world. Whether you go on holiday or live here, it is the best choice. This is also the main reason why more and more investors choose to buy and settle here.
With the recovery of the European market, Cyprus is about to join Schengen, which has great potential for future development. Coupled with the prosperity of Mediterranean tourism and economy, the real estate resources in Cyprus will be more sought after. At present, bargain-hunting investment is at the right time.
2. Emerging investment industries-tourism
Cyprus is one of the tourist attractions in the Mediterranean and a world-class holiday paradise. As the "Pearl of the Mediterranean", Cyprus has a pleasant climate and changeable scenery, making it an excellent choice for people who love nature and outdoor sports. It is also the first choice for many Europeans to spend their holidays.
At present, the tourism industry in Cyprus is developing towards more professional categories, such as medical tours, sports tours, Hainan Airlines tours, exhibition tours, theme parks and special attractions. Moreover, there is a special investment plan to ensure that it will become a model for tourism in the Mediterranean region.
3. Strength investment industry-service industry
70% of Cyprus' GDP is in the service industry, including tourism, accounting, banking, medical care, justice, telecommunications and human resources. These industries have developed rapidly in recent years, and some even rank first in the process of local economic development.
4. Potential investment industry-energy industry
Abundant copper reserves have always been a major part of Cyprus' energy reserves. Together with the huge natural gas reserves that have been discovered, its reserves are about 60 trillion cubic feet, which is enough to meet 40% of the natural gas supply in Europe. Cyprus is even more proud of its abundant energy reserves. It is said that Cyprus may become the richest country in Europe once natural gas development takes shape.
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