The events that took place this year taught us a lot. Even those of us who experienced the restrictions on traveling in the past, have long been accustomed to the fact that in modern reality, we are free to move around the world.
For many people who are used to immediately solving their problems, the recent events prompted a rethinking of their way of life.
One of the first things that comes to mind is the acquisition of a second passport or permanent residence and real estate, in which you can comfortably and safely spend a long time in isolation, when the need arises. In addition, permanent residence must be in the same country as the real estate, otherwise you simply may not be allowed to go there.
What factors should be considered when choosing the right jurisdiction for such a scenario? First of all, you should choose a country that successfully copes with the pandemic and has an adequate infrastructure for working remotely. Equally important are factors such as safety and cost of living. If, in addition, the country has a wonderful climate, a crystal clear sea, an abundance of quality food and is a member of the European Union, we have found the ideal location.
Cyprus is one of the few countries that meets the necessary criteria and offers an established programme for obtaining citizenship or permanent residency through investing in the real estate. In addition, Cyprus has a very attractive tax system for both companies and individuals. You can get Cyprus permanent residence for the whole family very quickly through the purchase of new real estate worth €300,000 or more. Remarkably, you can already move in by September, if you start the process now. To achieve this, you do not even need to travel to Cyprus.
It is very important to be prepared for the possibility of another big wave of infection and make all the necessary provisions for spending the winter on the terrace of your own villa with your laptop, enjoying the sea view.