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Attractions of the Cyprus economic citizenship scheme for Thai investors

The Nation, Thailand’s principal English-language business newspaper, recently reported on the attractions of Cyprus’s economic citizenship scheme for Thai investors. Quoting the Cyprus High Commissioner to India, who is also accredited to Thailand and was meeting with the Thai Prime Minister to discuss trade and other cooperation, it reported that Cyprus “is targeting more capital from Thailand, attracting investors with easy migrant permission to become an EU citizen through investment”, and that it “expects to raise capital from Thai investors in … sectors including property, energy, oil and gas, infrastructure and tourism."

Thailand has an economic citizenship scheme of its own, but it is much less advantageous than the Cyprus scheme, which brings with it the benefits of citizenship of an EU member state, particularly visa-free travel to many countries.

For information on the Cyprus economic citizenship scheme please contact Christos Vezouvios.