Which country is more cost-effective to immigrate to Cyprus or Italy?

Cyprus, located in the Mediterranean Sea, is an island country at the junction of Europe and Asia, and a hub of maritime traffic in Asia, Africa and Europe. Cyprus is a traditional agricultural country, focusing on the development of tourism. The people are relatively rich, and the per capita GDP is higher than the EU average. Cyprus has signed double taxation treaties with more than 40 countries, and is also a member of the European Union and the Commonwealth. As a member of the euro zone, it does not impose foreign exchange restrictions.

Italy consists of the Apennine Peninsula in southern Europe and Sicily and Sardinia in the Mediterranean. The Alps in the north border France, Switzerland, Austria and Slovenia, and its territory also surrounds San Marino and the Vatican. Italy is a highly developed capitalist country, one of the four largest economies in Europe, a founding member of the European Union and NATO, and a member of important organizations such as Schengen, G8 and the United Nations.

As EU countries, both Cyprus and Italy have their own advantages, but relatively speaking, Italy has higher and more complicated requirements for immigrants. They not only need to reach the level of Italian A2, but also need to live in Italy for a long time to qualify for permanent residency in Italy.

From 20 17, the real estate tax and deed tax in Cyprus will be cancelled, which is undoubtedly good news for investors who buy houses in Cyprus. From June 5438 to May this year, the number of land and houses handed over in Cyprus was 23 1 1, an increase of 17%. Limassol and Paphos, which are popular among overseas people, have the fastest growth rate, accounting for 32.35% and 29. 15% respectively. In addition, according to the data of Cyprus Statistics Bureau, in view of the objective investment brought by the immigrants who bought houses in Cyprus, the construction permits issued by the Cyprus government exceeded those in previous years, with a year-on-year increase of 36.6%.

Italian real estate 20 17 in the first quarter, the number of housing transactions in different regions increased. The increase in northern Italy is best close to10%; The central region followed closely, with an increase of 8%; In the south, it is 5. 1%. Italian housing immigrants mainly invest in eight major cities, including Rome, Milan, Florence, Genoa, Naples, Turin, Bologna and Venice, with more than 22,000 housing transactions. Among them, Florence's turnover increased the most, reaching 16.5%! Genoa, Milan and Rome followed, increasing by 15%, 13.8% and 10.2% respectively. Naples rose by 4.8%, Turin by 4.6%, Bologna by 4.4% and Venice by 2.3%.