Presenting you the location video of St.George Residences of Prospecta Development, Cyprus. A limited collection of villas located within a private enclave ideal for permanent living and boasting great ambiance in the city centre. Ideally located between the cosmopolitan Paphos centre and the St George hotel area with its stunning views out to sea, Prospecta St George Residences provides its residents with the best of both worlds – a secluded gateway with easy access to the action.

Cyprus is one of the safest country in the world and one of the most favorable retirement destinations. Buying a vacation home, investment home in Cyprus opens you to multiple benefits. Cyprus EU Citizenship & Permanent Residency is one of the leading citizenship and residency programme in the world.

For More Details on our properties and programmes, Call us on +919819881455 | +919820148755. You can also write to us on john@prospectadevelopment.com

Which are the main benefits that an Investor is seeking for his family when investing in Cyprus?

Being a Cypriot citizen is an advantage which entails a plethora of benefits also deriving from the Membership of the Republic of Cyprus in the European Union.

Here are the top benefits and reasons that a Cyprus citizenship can change your life:

Travel Benefits
Amongst those benefits are the travel benefits that one may gain as a Cypriot citizen. Travelling within the whole of the European Union in any of the 27 Member States without the need of a visa is certainly both an economic relief as well as extrication from bureaucracy. EU citizens enjoy extensive rights also by means of damages in certain cases when they travel. For instance, according to the directions of the European Commission in case of significant delays the airline must provide with meals and refreshments, accommodation and communication facilities and in case of a delay of more than 5 hours the airline should also offer to refund the ticket. Holders of Cypriot driving licenses have the advantage of their license being recognised in any of the Member States of the European Union.

Educational Benefits
Educational benefits are another aspect of important benefits that one may gain as a citizen of the Republic of Cyprus. Cyprus has two highly recognized public universities (University of Cyprus and Cyprus University of Technology). Cypriot citizens that secure places at the public universities are not subjected to any tuition fees as the entire undergraduate courses are free. Additionally, Cypriot citizens have the right to study in another EU Member State with the same conditions and fees as the nationals of the said country. This is an exceptional advantage given that several EU Member States provide with free education or significantly low tuition fees for both undergraduate and postgraduate degrees. A great example of counties with low or free tuition fees are Germany, The Netherlands, Sweden and Greece. Another result of the common market is the mutual recognition of degrees, diplomas or other certifications among EU countries. Accordingly, a certificate granted in any Member State is recognized in all Member States.

Healthcare Benefits
Amongst the substantial benefits that the Cypriot citizenship provides with are healthcare rights. Following the adoption of the Directive on cross-border healthcare, EU citizens have extensive and clear rights with respect to healthcare in any of the 27 Member States of the European Union. The Republic of Cyprus provides for healthcare rights based on socio-economic criteria. In certain cases healthcare in Cypriot public hospitals is entirely free. Cypriot public hospitals are equipped with high technology equipment which aims to provide with high quality healthcare. As with respect to healthcare in any of the 27 EU Member States, patients have the benefit to receive healthcare in any EU Member State and be reimbursed with accordance with the amount that would be covered by the affiliated Member State had healthcare taken place on its territory. Additionally, with the acquisition of the European Health Insurance Card one may receive treatment under the same conditions and at the same cost as people insured in that Member State.

For More Details on our properties and programmes, Call us on +919819881455 | +919820148755. You can also write to us on john@prospectadevelopment.com

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