Citizenship and Residence by Investment

CITIZENSHIP AND RESIDENCE

BY INVESTMENT

INVEST IN REAL ESTATE WITH THE EXPERTS WHY CYPRUS 10 REASONS TO INVEST IN CYPRUS PERMANENT RESIDENCY PERMIT STATUS

WITHIN 2 MONTHS

CITIZENSHIP EU PASSPORT WITHIN 2 MONTHS

www.sweethomeestates.com

Welcome to Sweet Home Estates Our professional team of 20 full time employees have over 10 years expertise of local Real Estate knowledge.

With dedicated departments we offer sales consultancy, long term rentals, valuation and property appraisal, project management, property management, permanent residency applications, immigration programs, mortgage solutions and legal advice.

Why Sweet Home Estates?

SALES AND RENTALS We are a registered and licensed Real Estate Agency (No. 504) providing a wide range of services regarding all aspects of the Real Estate sector in Cyprus. We work closely with local and international aďŹƒliate networks, combining professional real estate services with up to date market knowledge to source residential, commercial property and land to suit a variety of budgets. Our vast client base and recommendations from satisďŹ ed customers means that our property portfolio is constantly growing and our website is maintained and updated daily.

SHORT TERM HOLIDAY LETTING/MANAGEMENT SERVICES We have an extensive listing of over 200 holiday villas across Cyprus and with our expert in online marketing we generate over 5,000 leads each year, turning these into more than 1,000 bookings per year. Full management services include marketing, rental start up, on line listings, bill payment and account support, calendar and key holding, maintenance, security checks and emergency 24/7 call out support. Additional support services include welcome packs, pool maintenance and property cleaning.

For more information take a look at our website: www.imaginevillarentals.com

VALUATIONS Photis Ioannou Appraisals Ltd is closely affiliated with its sister company Sweet Home Estates Ltd. The company is dedicated and committed in providing up-to-date and accurate evaluations and valuations of immovable property within the district of Famagusta and Larnaca.

The company boasts a team of qualified registered Land Surveyors with a broad range of experience and skills.

Our Surveyor's invaluable hands on experience combined with technical expertise, professionalism and discretion ensures our clients always receive the most effective and proficient services within time restraints.

REAL ESTATE DEVELOPMENT / PROJECT MANAGEMENT During the past 8 years we have worked with some of the industry’s leading property developers and have exclusively project managed a variety of developments primarily on the south east coast, as well as Nicosia and Paphos districts. Our broad range of project management skills, responsibilities and services cover planning and development process advice, property and portfolio management, real estate consultancy, viability and feasibility studies, project finance and construction management. We undertake the entire process from exclusive sales of the development, organising and overseeing the construction stages, right through to the final phases of completion, hand over and delivering the final title deeds to the purchasers. Currently we have under our Management 5 Projects totalling of about 50 units.

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WE KNOW PROPERTY!

Reasons to Invest in Cyprus

EU & EUROZONE | EU27 Member since May 2004, Economic and Monetary Union Member since January 2008.

STRATEGIC LOCATION | Cyprus is Europe’s eastern outpost at the crossroads of three continents – Europe, Africa and Asia providing a gateway to and from each one of them.

TAXATION | Cyprus offers one of the most attractive tax systems in Europe and a network of double taxation agreements with key countries. The country provides a simplified, effective and transparent tax regime that is fully compliant with the EU laws and regulations.

HUMAN TALENT | Cyprus has a young, well-educated, skilled and multilingual human capital base and offers a high standard of specialist professional services.

VALUE FOR MONEY | Cyprus offers relatively lower operating costs with high quality services, including banking, tax, accounting, auditing, business administration, legal, investment and funds management.

LEGAL FRAMEWORK | Cyprus provides an effective transparent regulatory and legal framework based on the Common Law and is fully harmonized with the framework of EU laws and regulations.

WELL-DEVELOPED INFRASTRUCTURE | State-of-the-art high speed internet connectivity, mobile telecommunications, a modern road network, two international airports in Larnaka and Pafos and two ports in Limassol and Larnaka.

EASE OF DOING BUSINESS | Cyprus has developed into an international quality business centre that offers specialized services and rewarding business opportunities catering for the diverse needs of international investors, enhancing the ease of doing business.

QUALITY OF LIFE | Cyprus offers a wonderful environment with a very comfortable standard of living. Living and working in Cyprus is combined with fabulous weather, beautiful nature, art and culture, safety, security, and above all, hospitable people.

GOVERNMENT INCENTIVES | There are various incentives offered for businesses and entrepreneurial activities.

ENERGY Cyprus is committed to ensuring the security of its energy supply, protecting the environment, fostering healthy competition in the energy sector and encouraging development of renewable energy technologies and production. The energy policy of Cyprus is fully harmonized with the energy policy of the European Union. Main aspects of the policy include: The liberalization of the electricity and oil markets The establishment and operation of a strategic oil stock terminal The implementation of development programs related to the use of energy conservation, technologies, utilization of Renewable Energy Systems (RES) and the protection of the environment from industrial pollution The promotion of oil products and other sources of energy friendly to the environment, such as natural gas. The discovery of rich natural gas reserves in the waters surrounding the Cypriot Exclusive Economic Zone (EEZ) brings new focus to the energy industry in Cyprus. Cyprus is weighing various options related to natural gas, related to exploiting its own natural gas reserves, (estimated at 10 trillion cubic metres), in its offshore territory and creating a liquefaction plant for export of its own reserves of natural gas as well as of neighbouring countries.

It is clear that natural gas will play an important role in the developments in the energy sector as well as the Cyprus economy in the immediate future.

CYPRUS IS IN THE EASTERN-MOST CORNER OF THE EUROPEAN UNION, AND A STRATEGIC POST THROUGHOUT THE CENTURIES. Cyprus has a robust, market-driven economy supported by a stable democracy and driven by a diverse, well-educated, skilled workforce, along with an excellent telecommunications and infrastructure system and the lowest tax regime in the EU. The country’s currency is the euro.

LOCATION & POPULATION

Cyprus, with an area of 9,251 sq km and coordinates at 35 n and 33 e, lies at the crossroads of Europe, Africa and Asia at the crux of the busy shipping and air routes linking the three continents.

The population of Cyprus is 870,000 (est). The capital of Cyprus is Nicosia situated at the heart of the island with a population of 310,000 (est). The second largest city is Limassol and the location of the island’s ma¬jor commercial port.

The international Airport situated in Larnaca with more than 35 international airlines operate scheduled flights to and from Larnaca international Airport and Paphos international Airport. The Paphos Airport was inaugurated in 2008 with a passenger flow of approximately 1.7 million in 2010. The new Airport in Larnaca opened in 2009 and handled more than 5.3 million passengers in 2010.

LANGUAGE

Cyprus’ languages include Greek and English. English is widely spoken and used as the language of international business on the island. In addition, Cyprus is home to people that also speak Russian, German, French and other languages.

Cyprus has become the destination of choice for investors in search of an ideal location for their company headquarters and operational activities. Cyprus, which has a long established reputation as a safe and secure location for commercial and business activities, continues to develop into an ideal hub for doing business between the Middle east, Africa, Asia and europe. Cyprus offers ease of doing business in a professional environment in the surroundings of a sophisticated culture and advanced quality of life, both for multinationals as well as small and medium enterprises. By investing in an EU member state such as Cyprus, a market of over 500 million citizens is readily available. An EU member state since 2004 and a member of the European Monetary Union since 2008, Cyprus provides a thriving market oriented economic system with the lowest corporate tax regime in the EU, combined with a range of double tax treaties with over 43 countries worldwide. Cyprus offers relatively low operating costs for high quality services, including banking, tax accounting, auditing, business administration, legal processing, trustee, investment, brokerage and funds management.

Cyprus possesses an advanced transport and telecommunications infrastructure with state-of-the-art high-speed internet and mobile telecommunications, two international airports (Larnaca and Paphos) and sea ports (Limassol and Larnaca), with close geographic proximity to the Suez Canal. Cyprus is located in the ideal geographical position and can act as a hub for investments to europe and to countries of Middle east, Gulf States, Africa and Asia. Cyprus provides the ideal environment to set up your business operations effectively and efficiently.

Cyprus can fully cater to your business needs!

Providing services ranging from registering and setting up your company’s operations to managing your EU, North African and Middle Eastern and Asian clients very cost-effectively. Cyprus is committed to sustainable growth and economic development. with pristine beaches and enviable weather, Cyprus blends a high quality of life with maximum business benefits, catering for individuals and families.

WE KNOW PROPERTY!

GOVERNMENT INCENTIVES TO NON EUROPEAN CITIZENS On account of Cyprus’ ideal geographical positioning between three continents, Cyprus government has found it opportune to reinforce the real estate market, by motivating the increase of residence purchases by high net worth third country nationals.

Now Non Europeans who invest in property in Cyprus are favored in regard to the obtaining of permanent residence permits or Cyprus Passport and citizenship, enabling their full or part time stay in Cyprus.

CYPRUS RESIDENCY SCHEME / IMMIGRATION PERMIT BUY A PROPERTY €300.000 AND GET PERMANENT RESIDENCY STATUS WITHIN 2 MONTHS

Excellent commercial infrastructure, low tax rates and numerous tax benefits make Cyprus an important International hub. Cyprus is an ideal country for businesspersons, who wish to purchase a personal residence & get Permanent Resident status on Fast Track.

Cyprus Investment Residency Program is a Fast Track program to get Permanent Residency status in Cyprus, aiming to support and strengthen the economic condition of the country and real estate market.

With a minimum investment of €300,000, the principal applicant can purchase a personal residence and live with the entire family for an indefinite period as Permanent Residents. There is no strict net worth, source of funds, management experience, language, or education requirements to be fulfilled. Cyprus has free-market services based economy & is one of the most prosperous countries in the Mediterranean region & Europe.

With Category F visa, an applicant besides the right to become permanent residence in Cyprus, enjoys numerous other benefits such as free movement within other European countries and no tax is levied on worldwide income. Indeed aſter 5 years of Permanent Residency on the island, the family can apply for Cyprus citizenship and passports.

The Cyprus Investment Residency Program is one bright chance for High net worth Individuals and businesspersons to purchase a residential property in Cyprus & become Permanent Residents of this prosperous country. Sweet Home Estates strives to offer you professional & genuine guidance. Our successful track record is a warranty for you.

Permanent residency is easy to obtain. The applicant needs to submit an application with all required documents to immigration office and provide proof that he and his family are self-supported.

FINANCIAL CRITERIA Non-European National acquiring a property in Cyprus at least €300,000 + VAT plus a €30,000 which will be pledged at least for a three year period to any local bank.

CONDITIONS 1. The applicant must submit a Criminal Record Certificate 2. The applicant must provide evidence that he has at his disposal a secured minimum annual income of €30.000, from sources other than employment in Cyprus. The required income of €30.000 could derive from salaries of employment abroad and not in Cyprus, pensions, stock shares, rents, etc. The necessary minimum annual income is increased by €5.000 for each dependent person 3. The permanent visa is valid for ever or for as long as the holder owns the property in Cyprus. The holder is allowed to replace the approved property by acquiring another one of at least the same value 4. The holder shall visit Cyprus at least once every 2 years.

5. The holder is not allowed to work or be engaged in any form of business in Cyprus 6. Applicant’s spouse and minor children under the age of 18 will also be granted permanent residence.

SUBMISSION AND EXAMINATION OF AN APPLICATION The application should be submitted on Form (M.67) to the Civil Registry and Migration Department or to the District Offices Inside the file there shall be included a check list of all necessary documents, which must be submitted with the application form, which must be completed by the applicant or by a representative of the applicant.

The applicant must submit the application form accompanied with a Title of ownership or contract of sale, of a property in Cyprus, a house, apartment or other building, of a minimum market value of €300.000 and proof of payment for at least €200,000. The contract of sale should already have been submitted to the Department of Lands and Surveys. Fast Track applications shall be approved within 2-3 months while the standard application might take up to 12 months.

WHY TO OBTAIN RESIDENCE PERMIT? • Gain Security • Travel more freely • Search Business Opportunities

CYPRUS CITIZENSHIP – EUROPEAN PASSPORT INVEST IN REAL ESTATE €2.500.000 AND GET PASSPORT WITHIN 2 MONTHS

SCHEME FOR NATURALISATION OF INVESTORS IN CYPRUS BY EXCEPTION A non-Cypriot citizen may by exception apply for the acquisition of Cypriot citizenship, if he/ she meets certain criteria. The Cyprus Government, by a decision of the Council of Ministers dated 19/03/2014 has issued special incentives for the granting of Cypriot Citizenship, Cyprus (European) Passport through naturalization, making it more accessible and affordable then ever.

FINANCIAL CRITERIA Foreign investors who invest at least €2.5 mln Investment in Real Estate plus €500,000 permanent Residence. Any property purchased during the past three years is eligible. Additional properties may be purchased in order to meet the total required investment.

CONDITIONS 1. To maintain the citizenship, the investor must always keep a real estate property of minimum value €500,000, which will be declared as the permanent residence. The remaining investment may be sold aſter 3 years.

2. Any property purchased during the past three years (2011-2014) will count towards the required investment figures. In such cases the purchaser must acquire additional real estate to reach the total required investment. However, a three year period must not have passed before the application submission (valid until 2017) 3. Applicants must hold a clear criminal record from the country of origin and or Cyprus 4. Applicants will be part of a collective real estate purchase scheme. A minimum of 5 applicants for scheme is required

WE KNOW PROPERTY!

SUBMISSION OF DOCUMENTS In order to examine any applications (M127) various documents are required to be submitted

• • •

For the purchase of immovable property: Contract of Sale,Title Deeds / Receipt for lodging the contract with the Lands and Surveys Department, Receipts for paying theagreed purchase price Passport will be issued within a period of 3 months Passports will be issued to the investor, their spouse and dependent children up to the age 28, provided they in full time education.

WHY TO OBTAIN CYPRUS CITIZENSHIP

• • • • • •

Freedom to live, work and travel thought Europe Cyprus allows dual citizenship, among other benefits offers tax planning flexibility and financial privacy European Passport can travel without visa to more than 140 countries.

Fast and cost effective to obtain visa for other countries, such as USA Allows Access to best education and healthcare Institutes Offers Europe’s Political Stability

The Cyprus Investment Residency & Citizenship programs are two bright chances for High net worth Individuals and businesspersons to invest in Cyprus Real Estate market and enjoy benefits of European residency. Sweet Home Estates strives to offer you professional & genuine guidance. Our successful track record is a warranty for you.

Both Immigration investment schemes are easy to apply.

The applicant needs to submit an application with all required documents to immigration office along with all required documentation.

For more information please request a copy of our Permanent Residency booklet or call 7777 2027 or email sales@sweethomeestates.com

SWEET HOME ESTATES PROJECTS

BLUE VIEW RESIDENCES Kapparis | Protaras 1,2km from the beach Consists of 20 Appartments

from

€135.000 + V.A.T total project price

€3.110.000 + V.A.T

2-3 Bedroom Covered area 87m2-110m2 Private roof garden Communal swimming pool

OFF PLAN

SALES RENTALS VALUATIONS PROJECT MANAGEMENT PROPERTY MANAGEMENT REGISTERED & LICENSED REAL ESTATE COMPANY REG. NO. 504 PHOTIS IOANNOU REG. NO. 470

PAPYRUS VILLAS Ayia Triada | Protaras

from

€300.000 + V.A.T total project price

500m From The Beach Consists Of 10 Villas

€3.050.000 + V.A.T

3 Bedroom Plot Area VALUATIONS 210m -296mPROJECT MANAGEMENT PROPERTY MANAGEMENT SALES RENTALS 2 ESTATE COMPANY REG. NO. 504 PHOTIS IOANNOU REG. NO. 470 REGISTERED & LICENSED REAL Internal Area 117m 2

2

Private Swimming Pool

UNDER CONSTRUCT ION

OFF PLAN

SALES RENTALS VALUATIONS PROJECT MANAGEMENT PROPERTY MANAGEMENT REGISTERED & LICENSED REAL ESTATE COMPANY REG. NO. 504 PHOTIS IOANNOU REG. NO. 470

PEARL LUXURY RESIDENCES

from

€345.000 + V.A.T

Kapparis | Protaras 200m From The Beach Consists Of 18 Villas 3 Bedroom Plot Area 303m2 Covered Area 130m2 Private Swimming Pool

COMPLETED

SALES RENTALS VALUATIONS PROJECT MANAGEMENT PROPERTY MANAGEMENT REGISTERED & LICENSED REAL ESTATE COMPANY REG. NO. 504 PHOTIS IOANNOU REG. NO. 470

PALM VILLAS Pernera | Protaras 600m From The Beach 7 Detached Villas

from

€350.000 + V.A.T total project price

€2.500.000 + V.A.T

3 Bedroom Plot Area 265m2-330m2 Covered Area 130m2 Private Swimming Pool

UNDER CONSTRUCT ION

OFF PLAN

SALES RENTALS VALUATIONS PROJECT MANAGEMENT PROPERTY MANAGEMENT REGISTERED & LICENSED REAL ESTATE COMPANY REG. NO. 504 PHOTIS IOANNOU REG. NO. 470

SEA SCAPE RESIDENCES

from

â‚Ź310.000 + V.A.T

Cape Greco | Protaras 200m From The Beach Consists Of 4 Villas 3-4 Bedrooms Plot Area 385m2-398m2 Covered Area 130m2-172m2 Private Swimming Pool

UNDER CONSTRUCT ION

ESPRIT VILLAS Latchi | Paphos 2km From The Beach 5 Detached Villas

from

€500.000 total project price

€2.500.000

3 Bedroom | 3 Bathrooms Plot Area 447m2-527m2 Covered Area 130m2 Private Swimming Pool

COMPLETED

SALES RENTALS VALUATIONS PROJECT MANAGEMENT PROPERTY MANAGEMENT REGISTERED & LICENSED REAL ESTATE COMPANY REG. NO. 504 PHOTIS IOANNOU REG. NO. 470

CHLOE VILLAS Central Protaras 650m From The Beach Consists Of 5 Villas

from

€540.000 + V.A.T total project price

€2.750.000 + V.A.T

5 Bedroom / 3 Levels Plot Area 502m2- 607m2 Covered Area 202m2 Private Swimming Pool

COMPLETED OFF PLAN

SALES RENTALS VALUATIONS PROJECT MANAGEMENT PROPERTY MANAGEMENT REGISTERED & LICENSED REAL ESTATE COMPANY REG. NO. 504 PHOTIS IOANNOU REG. NO. 470

TROPICAL DREAMS HOTEL Resort Center | Protaras 200m From The Beach Hotel Convertion to Residential Apts

from

€220.000 total project price

€14.550.000

39 Studios, 1&2 Bedrooms Total Covered Area 2894m2 Communal Facilities

SALES RENTALS VALUATIONS PROJECT MANAGEMENT PROPERTY MANAGEMENT REGISTERED & LICENSED REAL ESTATE COMPANY REG. NO. 504 PHOTIS IOANNOU REG. NO. 470

WHITE PEARL RESIDENCES Kapparis | Protaras 150m to the Beach 8 Detached Villas Villa Types A & B 3 Bedrooms / 3 Bathrooms Plot Area 276 m2 - 334 m2 Covered Area 187 m2 - 215 m2 Private Swimming Pool Sea Views

from

€350.000 + V.A.T total project price

€3.260.000 + V.A.T

SALES RENTALS VALUATIONS PROJECT MANAGEMENT PROPERTY MANAGEMENT REGISTERED & LICENSED REAL ESTATE COMPANY REG. NO. 504 PHOTIS IOANNOU REG. NO. 470

SWEET HOME ESTATES HAS AN EXTENSIVE PORTFOLIO OF PROPERTIES TO CHOOSE FROM INCLUDING INVESTMENT PROPERTIES WITH RENTAL POTENTIAL, VAT-FREE PROPERTIES, SEA FRONT VILLAS, COMMERCIAL BUILDINGS WITH GUARANTEE YIELDS, HOTELS AND BUILDING PLOTS AND LAND

waterpark Mon Repos 12

Konnos Beach

NISSI BEACH

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Ammos Beach Hotel

B 5

Dome Hotel 17

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H 11

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Asterias Hotel

Tel.: (+357) 23831877

You can't do it unless you can imagine it.

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www.imaginevillarentals.com

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MAIN OFFICE 5 CHIMARAS P.O.BOX 34326, 5402 PARALIMNI, CYPRUS T: (+357) 23 744131 F: (+357) 23 834131

SALES OFFICE 13 APHRODITES, PERNERA, CYPRUS T: (+357) 77772027 F: (+357) 23 834131

E: info@sweethomeestates.com www.sweethomeestates.com