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Business > Small BusinessAlternative Citizenship: Discover the Advantages of Cypriot Citizenship
Posted by jessikaschwartz in Business on August 26th Cheap MLB Jerseys , 2016




There are many reasons to get a second passport or citizenship. Some of the major reasons why people opt to go in this direction include greater security and stability, portfolio diversity, tax efficiency Cheap Jerseys Wholesale , better education opportunities and more investment opportunities among others. More and more people of means are exploring citizenship Cyprus opportunities and for good reason.


Travel


As a member of the European Union, Cypriot citizens can travel within the Union without the need for a visa, which offers relief from bureaucracy and opens new economic horizons. There are also more subtle advantages where travel within the European Union is concerned. As directed by the European Commission Cheap Jerseys Online , EU citizens are eligible for refreshments and meals, communication facilities and accommodation in the event of significant flight delays. Drivers with Cypriot driving licenses can also freely drive anywhere in the EU using their licenses. These advantages make travel much easier and enjoyable.


Education


For parents looking to broaden their children’s educational horizons, Cyprus is home to two highly revered and internationally recognized public universities. These are the Cyprus University of Technology and the University of Cyprus. Citizens can go through their undergraduate courses free of charge because they are not subject to tuition fees. In addition to this Cheap Jerseys Free Shipping , citizens can study anywhere in the EU for the same fees and conditions as citizens of the host country. This is especially beneficial for countries known for free or low cost education including Greece, Sweden, Netherlands and Germany.


Healthcare


Cyprus has a robust and highly developed healthcare system that works on a socio-economic model. This means that some citizens are eligible to low cost and even free healthcare at public hospitals. In addition to this Cheap Jerseys From China , any holder of the European Health Insurance Card can get the required treatment at an EU member state for the same cost and conditions as local insured citizens.


Taxation


Cyprus is recognized as having one of the lowest corporate tax rates in the European Union and beyond. A citizen can benefit from low taxation, avoid double taxation in many cases and broaden business horizons. Citizens who receive income in the form of interest or dividends are only required to pay a small contribution for defense, and are not subjected to income tax.


There are many more benefits to consider Cypriot alternative citizenship or your residency Cyprus options where the former is not immediately viable. The main consideration however is to find the best citizenship and residence planning partner to increase your chances of getting that second passport in the shortest time possible.


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