- 06.03.2018, 07:00:41
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- OTE0001
Cyprus Enhances its Citizenship-by-investment Program
Limassol, Cyprus (ots/PRNewswire) - Additional due diligence measures
to further boost investor interest
Following the elections that ended on February 4th, 2018, the
government of Cyprus has decided to introduce fundamental changes to
its Citizenship by Investment Program.
Arton Capital (http://www.artoncapital.com/) would like to
congratulate the Government of Cyprus for its decision to introduce
regulations which will enhance the security of investors, under the
country's Citizenship-by-investment Program. This is a step in the
right direction given the popularity of the Program and its
contribution to the economy of Cyprus, which has become a glowing
example of turning crisis into opportunity.
The cabinet decision adopts measures for the regulation of the
service providers, and for the protection of investors under the
program. Moreover, it takes steps for enhanced due diligence, and
adopts strict rules relating to the promotion of the Program, in
compliance with the EU's concerns.
Arton being a major global service provider of such programs, always
welcomes measures which enhance transparency and sustainable
development of the industry. According to Arton, the longevity of
Citizenship and Residency by Investment programs depend to a very
large extent on matters relating to transparency and due diligence
aimed at selecting appropriate applicants.
"It is in the best interest of every host country to welcome the very
best talent and resources to help boost their economy," shared Armand
Arton, founder and president of Arton Capital.
The underlying importance of reputation in this industry, holds a
higher stake with programs gaining quick recognition, like that of
Cyprus. The growing popularity of these programs will certainly
attract ill intended individuals, however, with the strict legal
framework put into place, it will allow to filter out these
pretentious candidates.
Citizenship by Investment Programs, if executed within the lawful
structure of control, are not only beneficial at enabling global
mobility, but effective at optimizing the nation's growth.
"Under no circumstance, should deceptive intentions, undermine the
benefits and opportunities presented," added Arton.
Located in the heart of the Mediterranean, this historic island is
rich in culture, beauty, and opportunity. The program's fast track
procedure, leading to citizenship within the EU, has established
itself as the quickest and most exclusive program in the industry.
These benefits include the right to live, work, and study in any of
the EU countries, visa free access to 150 countries, and a rapidly
stabilizing and growing economy, following their recent recession.
It comes to no surprise that their Cyprus Citizenship by Investment
Program
(https://www.artoncapital.com/global-citizen-programs/cyprus/), seeks
to protect itself from potential malpractices. The Government of
Cyprus has continuously paid attention to issues affecting the
country's image, and in doing so, has set an invaluable example of
prudent management and responsibility.
As a global Service Provider, Arton reinforces the sustainable vision
shared with the Cyprus Government, and is committed to their journey
towards bringing the Cyprus CIP to the summit of distinction.
About Arton Capital
Arton Capital is a Canadian global financial advisory firm
specializing in empowering governments in attracting foreign direct
investments, global citizens and in providing strategic advice to
developers and institutional investors reach their sustainable
investment goals.
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