CRONA PROPERTY provides services for the sale and management of premium real estate in Cyprus. Our experts will help you to buy or to sell: apartments, townhouses, villas, land and investment projects. We offer a large selection of properties located in the most picturesque corners of the island. Our clients can surely rely on expert advice and an individual approach.
With us you can carry out your own construction project or choose one from a range of already completed. The best experts will help with the collection and registration of all necessary documents. We are fully aware of Cyprus laws and will prepare all the documentation.
We offer the following services:
You become a full-fledged EU citizen. It means that you receive without restrictions all rights that allow you to live, work, own and manage a business, as well as study in any EU country.
Citizenship for the whole family. The program provides the acquisition of citizenship by your spouse, parents and financially dependent children.
Dual citizenship is allowed. You can keep your original citizenship.
You will be able to return a significant part of the investment. The amount of investment is fixed - 2 000 000 EUR. Also required is a charitable contribution of 150,000 EUR. It is necessary to preserve your assets for 5 years, after the expiry of the term they can be realized with profit. The passport of a citizen of Cyprus remains lifelong. According to the data of RICS Cyprus Property Price Index, apartment prices rose by 7.6%, house prices - by 4.8% per year. In 2018 the cost of renting real estate increased by 18%.
Tax breaks and exemptions. Each investor when buying property and fulfilling certain conditions can receive a preferential rate of 5%. The current VAT rate is 19%. When you receive a non-nominal tax residency, you are exempt from tax on dividends and interest income (received worldwide) for 17 years. Cyprus has the lowest income tax in the EU. There is also no tax on real estate and inheritance.
International recognition. Cyprus Investment Program is one of two officially recognized by the EU.
Simple procedure for enrolling in the program. After providing the necessary documents and applications consideration is carried out in 6-9 months.
Freedom of movement. You get a visa-free entry to all EU countries, as well as Canada and Australia.
You can get acquainted with all the projects in detail on our website CRONA PROPERTY
Crona Group is a group of companies providing full range of development services for construction: from project development to its implementation. We have been working in the Cyprus property market for over 15 years. Our team have implemented large-scale projects and premium-class facilities. We control the work at each stage and do not attract third-party contractors.
A subsidiary Crona Construction, which is part of the Crona Group holding, received a higher construction license of the A`A` level. This license confirms the availability of the necessary resources and competencies for the implementation of big construction projects. We guarantee the delivery of all works with high quality and on time.
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