New Zoe Developers Advantages
New Zoe Developers projects offer the investor the option to acquire the Cyprus Citizenship by investment by purchasing company shares.
The benefits of this option include:
Savings on transfer fees:
Buying the shares of the company for €2 million, transfer fees of more than €76,000 are avoided.
The 19% Vat on residential land is not applicable.
Fast profit materialization: You can sell the properties of each project immediately, as they already have all the necessary approvals. This means you can profit instantly, unlike the other option for Citizenship of buying property for €2m and keeping it for at least 5 years.
Our projects are located in areas with great potential and increased demand for residential property. Larnaca offers the best profit margin for investors; the district has planned the new Larnaca Marina for the near future and has just released 3.5km of coastal area for development. Property prices in Larnaca are still reasonable in comparison to other cities in Cyprus.
See our projects suitable for such an investment option.