CYPRUS INVESTMENT PROGRAM

DEFINE YOUR FUTURE The investment program offers the most simple and efficient means of obtaining Cyprus citizenship, which provides full EU rights, including the ability to live and work in any EU country. The program requires an investment of €2M in residential real estate, an investment which must be retained for a period of three years. All nationalities are eligible to apply, the application examination period is just six months.

TIME TO VISA-FREE CITIZENSHIP TRAVEL 6 MONTHS 173 COUNTRIES

EXIT ELIGIBILITY STRATEGY ALL NATIONALITIES 3 YEARS

DUAL TAX CITIZENSHIP CONSEQUENCES PERMITTED NONE

VISIT FAMILY REQUIREMENT INVESTOR, SPOUSE, DEPENDENTS ONLY 1 VISIT REQUIRED UP TO AGE 28 & PARENTS OF MAIN INVESTOR FOR BIOMETRICS GLOBAL CYPRUS INVESTMENT CITIZENSHIP PROGRAM Invest in your future Citizenship for your family

In March 2014, Cyprus changed the legislation that enables foreign investors to become a Cypriot Dual citizenship offers an effective tool for international tax planning and provides financial privacy for citizen and obtain a Cypriot through naturalisation, making it more accessible and affordable banking and investment. It improves personal security, enables freedom of movement and allows access than ever. An EU citizen is any person who holds the nationality of an EU country. Passport holders of an to the best healthcare and education opportunities. EU country are entitled to enter, reside, study and work in the , Iceland, Liechtenstein, and Norway. Due to political circumstances, citizens of many countries find it difficult to travel abroad and are confront- ed with strict visa restrictions each time they want to enter a foreign country. A second passport enables Non-Cypriot Investors can acquire Cyprus Citizenship by naturalization by exception on the basis of the greatly enhanced mobility. Civil registry Laws 2002-2013.

In an unsettled, ever-changing world, acquiring a second citizenship is a wise decision and an investment for the future. Your citizenship of choice is for life, your spouse and children can be included, and there is no need to give up your present nationality while you enjoy the benefits of a legal second passport. HIGHLY EXIT EFFICIENT STRATEGY Most importantly perhaps, citizenship and a passport, particularly from a small, peaceful country, can even save your life when travelling and in times of political unrest, civil war, terrorism or other delicate situations. � PR approval in 5 days � Pure investment - no donation element For good reasons, many international business people from major countries and important persons who � Citizenship approval in 6 months � Main investment can be sold after three years are active worldwide consider an alternative passport as the best life insurance money can buy. � & ID’s issued within 6 months � Investment can generate a good return

KEY MOTIVATORS VERY FAMILY PRACTICAL

� Mobility � Healthcare & education � Investment opportunities � Investor and spouse � Only 1 visit required for biometrics � Stability and security � Taxation & Succession planning � Financial freedom � Dependent children up to age 28 � No tax consequences � Parents of main investor � No need to relinquish current nationality � Citizenship passed on by descent � No language requirement, medical test, interview

GUARANTEE “ We are so confident in the process and approval rate that we offer a full money-back guarantee should the application be declined. Additionally, funds are deposited in a secure account that requires the signature of the independent appointed lawyer in order to be released.” A powerful passport FREEDOM BUSINESS

The freedom to live, work, travel, any � Free trade within EU, business access to VISA - FREE / ON ARRIVAL TRAVEL TO 173 COUNTRIES where in the EU 500 million EU citizens

EU citizens also enjoy rights in Switzerland, � Establishment and free movement of services EUROPE • Ukraine • Mauritius • Bahamas MIDDLE EAST Iceland, Lichtenstein and Norway which and goods • United Kingdom • Mayotte • Barbados • Albania • Vatican City • Morocco • Bonaire; St. Eustatius • Armenia participate in the (EEA) • Andorra • Mozambique and Saba • Bahrain • British Virgin Islands • Georgia EDUCATION & HEALTH • Austria ASIA • Reunion • Belarus • Rwanda • Cayman Islands • Iran • Belgium • Bangladesh • Sao Tome and • Curacao • Israel European citizens have the right to attend schools/ MOBILITY � • Bosnia and • Brunei Principe • Dominica • Jordan universities within any EU country for free or with Herzegovina • Cambodia • Senegal • Dominican Republic • Kuwait Unrestricted right to live, work, travel and • Bulgaria • Hong Kong • Seychelles • French West Indies • Lebanon reduced tuition rates, as applicable • Croatia (SAR China) • Somalia • Grenada • Oman study anywhere in the European Union • Czech Republic • Indonesia • South Africa • Haiti • Palestinian � European citizens can access the Visa-free travel to 173 countries • Denmark • Japan • St. Helena • Jamaica Territory established first-class EU health care • Estonia • Kazakhstan • Swaziland • Montserrat • Qatar • Faroe Islands • Kyrgyzstan • Tanzania • St. Kitts and Nevis • United Arab systems • Finland • Laos • Togo • St. Lucia Emirates • France • Macao (SAR • Uganda • St. Maarten SECURITY • Germany China) • Zambia • St. Vincent and the • Gibraltar • Malaysia • Zimbabwe Grenadines European citizens have the right to protection by the • Greece • Maldives • Trinidad and Tobago diplomatic or consular authorities of any EU country • Greenland • Nepal OCEANIA • Turks and Caicos Islands • Hungary • Philippines in a third country (country outside the EU) where your • Iceland • Singapore • Cook Islands AMERICAS • Ireland • South Korea • Fiji home EU country is not represented by a consulate • Italy • Sri Lanka • French Polynesia • Argentina Cyprus offers a great place to visit/live, it enjoys a • Kosovo • Taiwan • Kiribati • Belize • Latvia • Tajikistan • Marshall Islands • Bermuda strategic geographical position, offers excellent • Liechtenstein • Thailand • Micronesia • Bolivia worldwide connections, has excellent infrastructure, a • Lithuania • Timor-Leste • New Caledonia • Brazil • Luxembourg • New Zealand • Canada pleasant climate and is highly stable • Macedonia AFRICA • Niue • Chile • Malta • Northern Mariana • Colombia • Moldova • Benin Islands • Costa Rica • Monaco • Botswana • Palau Islands • Ecuador • Montenegro • Cape Verde • Papua New Guinea • El Salvador • Netherlands Islands • Samoa • Falkland Islands • Norway • Comores Islands • Solomon Islands • French Guiana • Poland • Djibouti • Tonga • Guatemala • Portugal • Egypt • Tuvalu • Honduras • Romania • Gabon • Vanuatu • Mexico • San Marino • Gambia • Nicaragua • Serbia • Guinea-Bissau CARIBBEAN • Panama • Slovakia • Kenya • Paraguay • Slovenia • Lesotho • Anguilla • Peru • Spain • Madagascar • Antigua and • Uruguay • Sweden • Malawi Barbuda • Venezuela • Switzerland • Mauritania • Aruba

� Cypriot passport holders can quickly and cost effectively obtain visas for other countries, such as the USA INVESTMENT CRITERION

Cyprus citizenship may be obtained through a secure property investment: €2 Million investment in residential real estate (in a single property or portfolio)

Parents of the main investor can be included in the application provided that they purchase a property with a THE PROCESS value of at least €500,000. This amount can be pooled in the main investment if preferred.

step 1 - Review and select real estate investment

MONTH 1 Select property/ies (through visit to Cyprus or via correspondence). APPLICATION CRITERIA Sign purchase agreement and transfer funds to a secure account. Receipt issued by Our company, which is required for application. In addition to making a real estate investment applicants must also meet the following criteria / supply the following documents: step 2 - Preparation of citizenship application – the client will receive a detailed application package and document checklist.

� Passport (copy) � Police clearance certificate � Marriage certificate (if applicable) Applicant must gather all necessary papers required for application (see application criteria). The documents must be officially translated into Greek or English and certi- � Birth certificate � Detailed biography � Due Diligence Report fied with apostille (if in a country which has signed the Hague Convention of 1961) or stamped by the Ministry of Foreign Affairs and relevant Cyprus Embassy.

step 3 - Pre-clearance check APPLICATION FEES The appointed lawyer completes a pre-clearance check.

GOVERNMENT FEES TAXES step 4 - Submit applications (PR & Citizenship) - Issuance of Permanent Residency Card � Submission fee €2,000 per adult, � Vat may be reduced to 5% on the first property The applicant/s must visit Cyprus in order to submit the PR and citizenship applications and to give minor child €80 purchase (first200m²), instead of 19% their biometric data required for the issuance of the permanent residency card. The Permanent � Approval fee €5,000 per adult � Additional taxes and duties approximately €4,000 Residency card issued in 5 days. The payment of the government submission fee of €2.000 per adult applicant for the purpose of the citizenship application, is required at this stage. The citizenship appli- MONTH 6 cation is lodged, together with the property purchase agreement and all required documents, at the Ministry of Interior.

Applicants are capped at 700 per year step 5 - Completion of naturalization and issuance of Cypriot passport and ID cards

The Ministry of Interior will approve the citizenship application within a period of six months from submission. Payment of the government approval fee €5,000 per adult applicant is required at this stage. CONDITIONS Once the applicant has held a Cyprus PR card for a period of six months, he is able to complete the naturalization process. The Naturalization Certificate must be signed by the applicant either in front 1. The main investment may be sold after three years; however, the investor must always maintain/purchase a property of a Registrar of a Cypriot Court or a Consular at any Cypriot Consulate abroad within 3 months of with a value of at least €500,000 receiving approval. In Cyprus the process, including collection of biometric ID cards, takes 1 day, while 2. Property purchased up to 3 years prior to the submission of the citizenship application will count towards the through a Cyprus embassy abroad the process takes up to 2 weeks. required investment step 6 - Naturalisation of children and grandparents 3. Applicants must hold a clean criminal record from the country of origin and country of residence if different and their name must not be on the list of persons whose property is ordered to be frozen within the EU Submit the applications of children/parents to be naturalised. Applications of minor children are processed within 3 weeks; they can visit Cyprus anytime to collect their papers. Adult children/par- ents applications are processed within six months and are subject to a submission fee of €2,000 and approval fee of €5,000per person. Once approved passports and ID cards must be collected within “ All nationalities are eligible to apply, the three months. requirements and process are very straightforward.” A GLOBAL PRESENCE A company with the expertise and reach to provide excellent customer service for our international clients

Be outstanding.

Founded in 1977, Our Company is the largest MOSCOW privately owned residential developer in BEIJING Cyprus, dedicated to developing world-class properties for personal living and invest- ment. With our uncompromising effort in PAFOS – LIMASSOL delivering the best in concept, design, SHENZHEN quality and service, we continue to transform and set the benchmark for the Cyprus real A SOLID TRACK RECORD estate sector. ATHENS

We hand-pick our partners from acclaimed HO CHI MINH international architects, engineers and 250 interior designers to create prime, iconic and DEVELOPMENTS COMPLETED timeless properties.

Our Company’s comprehensive develop- 1,250,000 sqm ments represent a diversity in locations and styles ranging from modern houses, OF RESIDENTIAL SPACE DELIVERED Mediterranean villas and apartments, to integrated leisure resorts, towers, seafront properties, private estates and rare commu- 3 Billion Euro nities. PROPERTY PORTFOLIO ON THE MARKET COMPLEMENTARY SERVICES 39 PROPERTY MANAGEMENT INTERNATIONAL AWARDS PROPERTY SALES, RENTALS, RESALES LEGAL & IMMIGRATION LIFESTYLE & LEISURE 40 WEALTH MANAGEMENT CONSULTING YEAR LEGACY

“ While our property portfolio represents diversity in types and price points, every property shares the same high quality standards that attract the savvy investor ” Eva Eliadou Executive Director REAL ESTATE A €3 billion property portfolio

Obtain Cypriot citizenship through a secure investment in real estate with strong appreciation potential. With a €3 billion property portfolio we have options to suit all types and price points.Every property shares the same high quality standards that attract the savvy investor. Our company’s portfolio is spread equally between the cities of Pafos and Limassol which according to official land registry statistics account for almost 92% of all high value real estate transactions island-wide.

IMMERSE YOURSELF IN THE BEAUTY OF LIFE AT MINTHIS ONE, THE TALLEST SEAFRONT RESIDENTIAL TOWER IN EUROPE!

At its heart, Minthis is about enrichment; the timeless spirit of the landscape offers true escapism, where time is a treasure to ONE occupies an unrivalled prime seafront location in the city of Limassol, at the point where 28th October reaches its most be spent recharging and reconnecting. The pioneering architecture is light-filled and energising, designed to frame soul-stir- advantageous – an address that embodies exclusivity. The sea and beach lie on its doorstep, while its city aspect fronts ring panoramas and connect residents with the refined simplicity of authentic Cypriot life. Resting in a breathtaking hilltop the lively business quarter, this unique locality gives ONE a high value address unmatched in the city. ONE is 37 storeys location, overlooking charming villages, majestic mountains and vineyards under an endless sky Minthis redefines holistic of design intelligence, a pioneering landmark for Cyprus that has been designed and is being realised by a team of inter- living. At this residential retreat, embraced by herb-scented breezes and panoramic views, every home is a masterpiece, nationally renowned experts including Atkins, WKK and HBA. The development offers 83 ultra-luxurious residences, each every breath is restorative and every moment is beautiful. with uninterrupted sea views and exclusive access to exceptional facilities, amenities and service. ONE offers the ultimate By day, fill your hours with adventure, from mountain biking, horse riding to the nature trails, shop and socialise in The Limassol address. Plateia or immerse yourself in the tranquility of the hillside, where sophisticated wellness facilities and peaceful pathways take you to another level of wellbeing. By night, sip local wine to live music and lose yourself in the velvet tarpaulin of sky studded with infinite stars. Our comprehensive developments represent a diversity in locations and styles ranging from mod- ern houses, Mediterranean villas and apartments, to integrated leisure resorts, towers, seafront properties, private estates and rare communities.

CREATING WORLD-CLASS LIFESTYLE DESTINATIONS. CYPRUS A captivating island CYPRUS

Cyprus is a modern country that enjoys a strategic geographical position. It lies at the crossroads of three continents, Europe, Africa and Asia, thus provides unrivalled access and travel opportunities. With its excellent ight connections and rst-class airports, the island is perfectly placed for working and travelling within and beyond the European Union. Cyprus has a rich heritage and diverse culture, beautiful beaches with the cleanest bathing waters in Europe, fresh air, a wonderful Mediterranean climate and cosmopolitan cities with an abundance of amenities. The island oers a low cost but high standard of living and is a very popular year-round holiday destination.

Cyprus has a modern, free-market, service based economy and is a favored business destina- tion due to its strong set of business and taxation advantages. Additionally, the island is very safe and stable making it an ideal location for families and students. Cyprus is an emerging regional energy hub, since the discovery of huge hydrocarbon reserves in its exclusive economic zone the island has seen a surge in foreign investment and development. It also provides world-class property rights and solid investment, trade, labor, business and nancial freedom.

Nicosia

Larnaca

Larnaca International Currency High standard Pafos Airport Euro of education

Paphos International Airport Limassol

AGRICULTURE LIGHT INDUSTRY 2.4% Ocial languages 2 International English, Greek airports 21% foreign 15.9%

ECONOMY & MARKETS

GDP The economy is built mainly upon the services €17.6 B sector, which accounts for over 77% of the island’s total GDP and around 75% of employment. 57 Blue Flag Excellent beaches healthcare SERVICES 77% AVERAGE TEMPERATURE +13ºC +34ºC Winter Summer 2017 AN INTERNATIONAL BUSINESS HUB A powerful business & lifestyle proposition

Cyprus provides a unique combination of favourable participation exemption provisions on income emanating from international activities, applies a wide network of double tax treaties and zero withholding taxes on any type of payment made anywhere in the world. Corporation tax is 12.5%. Cyprus is a highly favourable destination for non-dom tax residency (exemption from dividends, interest, sales of security).

Modern banking EU Member Pro-business Highly skilled English & legal system government speaking workforce GDP GROWTH RATE

4 3.6 3.3 2.8

2 1.6

Excellent Safe & Advantageous Stable political -2.5 infrastructure cosmopolitan EU approved & business 0 lifestyle tax regime environment 14% 33% 15% Tourism sales to foreigners Company 2017 vs 2016 -2 Registrations HIGHLY FAVOURABLE TAX REGIME “ Cyprus experienced the 2nd highest FDI growth 2014 2015 2016 2017 2018* of any European countryin 2017 ” *Forecast

Corporate Intellectual Tax on sale Tax on dividends 60 double Non domicile Inheritance LEADING MARITIME HUB tax rate Property of shares to shareholders taxation principle tax Tax rate treaties 1st 3rd 10th €1b 7% third-party largest eet largest merchant in annual of GDP INTERNATIONAL RANKING shipmanagement in the EU eet in the world revenue centre in the EU

1st 4th 5th 24th 37th 15th Huge oil and gas Value Higher Best relocation Index of Forbes Best Good Country THE LARGEST CASINO reserves founds in Penguin Safest education and destination. Economic Countries for Index IN EUROPE. its exclusive Countries in training out of Knight Frank Freedom. Business Index economic zone. A total investment of the World 144 countries. Global Lifestyle 2015 Reserves have been €500m with an expected 2015 Review 2013 Oil resources Natural gas estimated as worth €800M economy contribu- (Europe, out of (out of 144 2016 Good 3.4B bl reserves 4.54tcf 300% to 3000% of (Among smaller (World Economic (out of 23 countries) 44 countries, countries) Country Index tion, 4% of GDP in 2022 Countries, Forum Report 42 globally out GDP. 5th worldwide) 2015-2016) of 178) REAL ESTATE TRENDS A magnet for international buyers

Cyprus has always been a magnet to foreign homebuyers due to its plethora of business and lifestyle advantages. Over the past few years the real estate market has seen signi cant growth, this has been fuelled by a number of factors including the introduction of non-domicile status, additional tax incentives, the relocation of high-level sta to ensure substance, the highly attractive immigration programs and of course early investors that recognise the islands signi cant growth potential. Real estate transactions have been consistently and considerably rising for the past four years, as reected in the gures below.

YEAR ON YEAR INCREASED DEMAND PROPERTY TRANSACTIONS

Sale contracts filed by foreign buyers (2013 - 2017)

2.500 2406

2.000 1813 1.349 1.500 1.193 33% 1.017 increase in no. of 2017 1.000 properties sold to 500 foreigners in 2017 compared to 2016 2013 2014 2015 2016 2017

Department of Lands and Surveys (DLS)

THE LUXURY SECTOR

The luxury real estate market 54% increase in 88%of high-value (€1.5m+) is going transactions with a transactions are in from strength to value of €1.5-3M in Pafos & Limassol strength. 2016 vs 2017

INHERITANCE IMMOVABLE TRANSFER VAT TAX PROPERTY TAX FEE INCENTIVE

The luxury real estate market is heavily dominated by Pafos and Limassol which account for the vast ZERO ZERO ZERO �% majority of property transactions, particularly to foreigners. According to the land registry statistics the two cities have very similar performance with Limassol dominating in apartment sales and Pafos (if subject to VAT) (On rst Property) for villas.