According to the world economies annual competitiveness rating, conducted by the International Institute for Management Development (IMD World Competitiveness Yearbook), Cyprus rose by 11 positions in 2020 and took 30th place out of 63 possible.
On June 9, Cyprus resumed regular passenger air service. Larnaca and Paphos International airports will introduce strict sanitary and hygienic rules, such as obligatory gloves and masks, social distancing, measuring body temperature at the entrance with thermos-scanners, no entry to terminals for those who come to meet and see off.
The most popular way of obtaining permanent residence in Cyprus is through the purchase of real estate. The market offers a variety of options from premium villas to apartments with the latest engineering solutions and high service.
The economic crisis predicted in the post-pandemic period could seriously increase the number of investment migrants from emerging economies. Obtaining a second citizenship for high-income people from these countries will no longer be a luxury.
Strategic investments made during the recession give excellent results in the long run. Active investors can significantly increase their capital in this situation, while those who don’t act quickly can miss a good chance