The McLaren Property Group

The McLaren Group

McLaren Family owned businessOver 30 years’ experience in Global Property SalesMcLaren moved its Head Office to Cyprus in October 2004Sales in excess of 100 million EurosOffering the best properties portfolio’s throughout EuropeWith select locations in the CaribbeanWorking with Award Winning DevelopersSpecialists in attaining clients Permanent Residency in Europe Quality Customer Service Agent training and Retention

John McLaren at the Moscow ShowsMaria McLaren on the panel as the Cyprus property expert at A Place in the Sun Shows London, Birmingham and Manchester

We get out and meet the public and use the best Global Partners

Our Cyprus presentation and meeting rooms for clients and agents

Our Russian staff at the Moscow Exhibition

McLaren for Taste in Property

Our Business Development Manager in China Yueying samples Cypriot living

CYPRUS AT A GLANCE

In the middle of 3 Continents and Gateway to Europe

Well regulated country governed by European Union laws

Western, open and liberal society

Multinational and multilingual country

Larnaca and Pafos are the main international airports

Mediterranean climate & relaxed lifestyle

Financial and ship management centre

Population less than 1 million

Cyprus

Lowest personal and company taxation in the EU

Corporation tax 10%

Easy to create Cyprus company and trade within Europe

Efficient legal, banking and accounting service

Freedom to sell and repatriate funds

Easy to obtain local financing

No Inheritance Tax

Double Taxation Treaty

Solid infrastructure and advanced telecommunications

Cyprus

Safest country in the EU with lowest crime rate

One of the highest GDP growth rates in the EU

One of the most educated populations in the world

International schools following the British education system

Cyprus Residence

Visa

Non-European citizens can apply for travel visa at the local embassy which takes up to 10 days.

Residence Permit for Cyprus

For all Non EU Citizens

Buying a property of 300,000 Euros and above allows the purchaser to apply for permanent residency immediately. Cyprus has introduced a speedy procedure that only takes up to 60 days.

Once PR is given the purchaser only needs to visit Cyprus once every 2 years and have their papers stamped. This allows the client easy access to the rest of the EU from Cyprus.

McLaren only use the Top Lawyers in Cyprus and will help clients with all necessary documentation required for the property purchase, opening Bank accounts and PR.

RECENT INVESTMENT INTO CYPRUSGAS FINDSSignificant natural gas resources in Cyprus on Block 12.5 trillion and 8 trillion cubic feet enough to power all electricity on the island for 210 years.Cyprus has received 15 international bids, for nine of the twelve offshore blocks the deposits in one of the 12 blocks are worth around €100 billion in value.

LNG PLANT

LNG plant to process and export the confirmed offshore hydrocarbon reserves of Cyprus.

American and Chinese companies have already approached the Cyprus government for the construction contract. An expected investment of US$ 10 billion over the next 5 years.

INTERNATIONAL ENERGY TERMINAL BY VITOL

The construction of an international energy terminal has started by the largest energy trader in the world – VITOL – 1,000 new jobs will be created during the construction period, which will last until 2014. The operation of the facility will add €16 billion to public assets on an annual basis. The project is expected to cost €220 million.

UNDERWATER ELECTRICITY POWER CABLE

Cyprus began a feasibility study for the construction of an underwater electric cable connecting the Eastern Mediterranean to Europe. The Euro-Asia Interconnector will stretch 1,000 kilometers (600 miles) in total at a maximum depth of 2,000 meters, making it the most ambitious project ever of its kind, the cable itself will take three years to build.

An investment of €1.5 billion over 3 years.

TRIPLE FIVE – MAJOR INVESTMENTS FROM CANADIAN CONGLOMERATE

Triple Five Group, a finance and development company from Canada is investing in Cyprus, Expected investments to reach €500 million.

TOURISM IN CYPRUS

2.5 million visitors in 2012€2 billion raised from tourism in 2012Tourism increased 50% Year on year over the past 3 yearsUK remains largest tourist market in CyprusDirect routes from China coming to Pafos in the near futureRyanair opened its Hub at Pafos International Airport in 2012 Ryanair’s investment is over €140 million

The Chinese Connection

Cyprus as an international financial centre is an ideal tax efficient gateway for channelling Chinese investments anywhere in the world as well as for facilitating investment into China itself. The Double Tax Treaty between China and Cyprus Strengthens the financial ties of the two countries, enhancing and promoting further the scope for tax efficient investment opportunities.

The Cypriot government are currently creating legal framework for operation of up to 5 casinos on the island. The owner of Las Vegas Sands Casino has approached the government with a view to creating a casino resort in Cyprus.

Estimated investment of €2 billion.

Local Investment

10 new golf courses planned in addition to the 4 existing courses.

New Marina and promenade upgrade for Pafos.

Marina upgrade for Larnaca.

Limassol Marina, a substantial number residential and commercial units, investment of €540 million.

Upgrade of Limassol waterfront and the old marina into a traditional fishing harbour with cafes and restaurants. Investment of €17 million.

Upgrade of the Limassol commercial port terminal. Investment of €14.5 million.

McLaren Property Group