Why Cyprus appeals to high net worth individuals

Because, Cyprus is not only an "island country", but also a "rich" island country. Cyprus has brought huge investment opportunities to investors and attracted a large amount of international capital injection.

1.Medical benefits.

In Cyprus, health insurance is provided for the same free medical coverage as a local resident. In June 2019, Cyprus implemented a new national health benefit: GHS (General Healthcare System), which helps Cypriot residents to enjoy the same medical services as citizens of Cyprus in other European countries.

As long as you choose a doctor you trust or are familiar with, you can contact the doctor directly when you are sick and get free treatment.

However, this is only an outpatient setting. However, the good news is that after June 1, people living in Cyprus will be able to enjoy free hospitalization. Cyprus has now achieved truly free healthcare for all, both in public and private hospitals.

2.Quality British education.

As a member of the Commonwealth, Cyprus' education system is based on the best of British education, and the diplomas obtained are also recognized by the Commonwealth member states.

In addition, after the investor obtains Cypriot citizenship, his children can freely study in France, Germany, Italy and other countries of the European Union, and enjoy the same tuition fees as local citizens in the host country (most countries are free, and in a few countries, their citizens also charge fees, but it is much less than that of international students).

3.The real estate market is promising.

The local real estate industry in Cyprus is mature and developed, and various indicators such as housing construction, energy, environmental protection, earthquake resistance, and engineering have reached EU standards. The income from real estate is quite considerable, and the latest statistics show that the annual income of rental housing in Cyprus remains at around 4% to 7%.

Cyprus' steady economic growth and well-developed tourism industry have given a significant boost to the development of the real estate industry. Now that the real estate market in Cyprus has picked up, it is expected to grow significantly in the future. Investing in property in Cyprus has a lot of room for appreciation.

Many cities in the two countries have become sister cities, such as Nanjing in China and Limassol in Cyprus, Qingdao in China and Nicosia in Cyprus. These sister cities have deep economic, political and cultural exchanges. Friendly political exchanges provide good opportunities for immigrants.

Located in the eastern Mediterranean, at the strategic crossroads of Asia, Africa and Europe, Cyprus is also a member of the European Union, allowing investors to take advantage of its Cypriot status and enjoy the country's excellent tax incentives.

According to the Cyprus Post, Cyprus recently announced tax cuts to boost the economy and attract investment, aiming to attract more high-net-worth individuals. With the rapid growth of high-net-worth individuals in China, American immigrants understand that wealth management is their first concern, and Cyprus, as a world-class tax haven, has unsurpassed advantages in taxation to attract a large number of applicants to invest in registered companies.

To help overseas investors, Cyprus has a tax administration regime in place:

1.Cyprus has signed double taxation treaties with 45 countries and regions, including China;

2.Corporate income tax is the lowest corporate income tax rate in Europe;

3.There is no foreign exchange control, which can realize the free circulation of various accounts in different currencies around the world;

4.Under normal circumstances, dividend income, bonds or **** are exempt from tax;

5.Profits derived from overseas resident establishments are exempt from tax;

6., bonds or other ** income is exempt from tax;

7.Royalties paid by Cyprus and most international** VAT are exempt.

From the above, it is not difficult to see that Cyprus is indeed an ideal place to register a company, which is why Cyprus can become a world-class offshore company registration place. Immigration experts from the United States say that Cyprus is not only an ideal place to register a company, but also the best choice for investors to carry out tax planning.

With a Cypriot passport, you can choose from the United Kingdom, France, Germany, Italy and other EU countries, where you can live, study and work without barriers, making it easy to start a distinguished European life, and there is a broad business space for investors to explore.

From the perspective of the types of properties purchased, apartments and villas have become the most purchased overseas property types for high-net-worth individuals with obvious advantages. Commercial real estate is subject to investment thresholds, policy risks, large fluctuations in investment returns, and investors' exposure to the local economy. Due to unfamiliarity and other reasons, the proportion of overseas property types is low.

It can be seen that residential real estate is more favored by high-net-worth individuals due to its stable return on investment.

"Diversification of risk": the most important reason for Chinese high-net-worth individuals to buy global real estate. More and more high-net-worth individuals are beginning to look at the world and hope to achieve asset preservation through overseas asset allocation.

School district housing: In recent years, the proportion of Chinese people sending their children to study abroad has increased year by year, and it is becoming more and more young, so the overseas education of children has also become an important driving factor for high-net-worth individuals to buy overseas properties. We found that parents are increasingly concerned about their children's young age and weak independence, and they are paying more attention to investing in "school district housing".

In fact, foreign houses are not as expensive as we imagined, and high-net-worth individuals will have a higher probability of working and traveling abroad, so they will be more accepting of overseas real estate

In fact, overseas real estate is just like our overseas shopping, but the value of this product is much higher. In the past, everyone would not think of overseas shopping, but now it is a very common phenomenon I believe that when more and more people go abroad and have a more and deeper understanding of the foreign cultural environment, the acceptance of overseas real estate will also be greatly improved!

<>The Belt and Road Initiative has brought spring breeze to Malaysia

Since the implementation of China's "One Belt, One Road" strategy, the investment enthusiasm in the whole Malaysian region has increased in tandem with the friendship of China-Malaysia relations. In 2013, China and Maldives upgraded their bilateral relations to a comprehensive strategic partnership, and the two sides began to deepen practical cooperation in various fields.

The fourth most livable environment in the world

Malaysia has few natural disasters, political stability, and a green coverage rate of up to 70%, and a beautiful environment.

Advanced and superior sub-education and medical care

Malaysia's healthcare system is diverse. There are both public hospitals and private hospitals, as well as charitable medical institutions, which coexist in various forms to meet the medical needs of people from all walks of life, and have first-class facilities, high technical level and good service attitude.

In terms of education, many investors have also learned that Malaysia's education is not inferior to other advanced countries, especially at the basic education level. International schools and primary education in Malaysia are directly connected with universities in the United Kingdom and the United States, and children can continue their studies to pursue master's or doctoral degrees in famous universities in the United States, the United Kingdom, Australia, Canada, New Zealand and other countries after completing their studies. Studying in Malaysia is a smart move.

High return on investment

According to the 2015 data published by the Global Property Guide, the return on investment of a 120-square-metre apartment in a major urban centre in Malaysia is much higher than that of Hong Kong and Singapore in Chinese mainland in many countries and regions in Asia.

The investment potential is high and the return on investment is high. Industry insiders pointed out that in the next ten years, Malaysia's real estate will continue to rise, and if it is at the forefront of the times at this time, it is naturally possible to become a "new industry tycoon" created in the first decade.

Because high-net-worth individuals have money...There is also a lot of demand, and the possibility is also high, and there will be requirements for the allocation of wealth.

I don't know what the subject's ** topic is, and I don't know if the subject wants to engage in bank-type work in the future.

In general, it is necessary to take into account the outcome that the individual wants.

Safety, stable income, and value-added are their goals.

Start with the user's taste and improve yourself.

We have the impression that high-net-worth individuals may be active in major high-end clubs, but in fact, high-net-worth individuals are often more inclined to appear in places that can show their taste: such as various calligraphy and painting exhibitions, charities, etc., they want to leave people with the impression that they are not only rich, but also very tasteful, rather than the inherent impression of "nouveau riche".

Among the occasions that high-net-worth individuals often appear, art-related auction houses, new car test drives of high-end cars, and car club activities will make high-net-worth individuals flock to them. It is worth noting that when financial planners try to acquire customers according to places that highlight the tastes of high-net-worth individuals, the personal quality requirements for financial planners are also relatively increased. Although it is not said, financial planners must be able to talk about collections, artworks, etc., but at least they must have some understanding and be able to basically talk to users; Therefore, in order to effectively acquire customers, first of all, you need to cultivate your knowledge about auctions and artworks to establish effective communication with potential users.

Child development. Most parents in China are child-centered, so when looking at the needs of high-net-worth people around the needs of users, in addition to focusing on the customers themselves, we can also start from the user's children, such as studying abroad, high-end private hospitals, children's equestrian clubs, etc., which can help financial planners tap high-net-worth users.

The above is a relatively small group of high-net-worth users, and for high-net-worth users with adult children at home, providing suitable internship opportunities for their children is also an effective option to acquire customers.

Transfer target - Internet celebrity.

In addition to acquiring customers around the high-net-worth individuals themselves and their children, high-net-worth users of financial planners can also locate Internet celebrities and fashionistas who have become a new category of wealthy people with the rapid development of the online economy.

Combined with the nature of the work of these Internet celebrities and fashionistas, it is not difficult to find that the occasions they appear more often in are the celebrity festivals and super Internet celebrity conferences held by major platforms. Compared with the high-net-worth individuals mentioned above, as newly rich Internet celebrities, due to their unique profit methods and capital flows, financial planners can tailor wealth management solutions for them, but it is easier to gain customers.

To sum up, for financial planners, if you want to accurately find high-net-worth people, you must jump out of the old idea of only focusing on the consumption needs of high-net-worth customers in time, only in this way will you find that their needs are far more than that, and you can achieve more effective customer acquisition.

A high-net-worth individual refers to an individual or family with an individual (family) with a net investable asset value of more than RMB6 million (and also calculated at RMB10 million). That is, your total investable assets minus your total liabilities are more than 600 (10 million) yuan. Self-occupied housing does not count.

1,000,000 should be fine in euros.