Cyprus is 3.5 hour flight from Dubai. It is now the new gateway to the EU for trade and boasts the lowest tax in the Union.
Seldom remembered by modern day investors from the Middle East, Cyprus now offers more than a safe haven address for investors within the GCC.
It is in fact a friendly nation, remembered and relied upon by Lebanon in times of local strive and hardship.
Today, Cyprus has created relationships with Oil Rich Qatar and other Arab states as it opens its doors to investment opportunities to the region.
An initiative that will expose investment opportunities in Cyprus, will debut in Beirut,Lebanon in August where attendees will have the entire holistic investment solution explained to them first hand by World Class Group, founders of the Cyprus Property Exhibition Centre.com
The aim of the exhibition is to attract high net worth individuals to Cyprus who are vacationing in Lebanon during the Summer.
"World Class group has for the past 15 years, connected this clientele to various offers, and with Cyprus now announcing its new 'open doors' policy, allowing families to receive a permanent visa,we see this location as an ideal alternative to Malaysia or Thailand offering similar incentives", said Michael J Tolan, CEO of the group.
The CPEC has partnered with My Property Cyprus to provide a seamless solution to investors and developers, and has a vast network of solicitors and financial advisers to cater to every investment requirement, he added.
The exhibition will be held in the most exclusive hotel in Beirut, summer residence to many members of Gulf Oil rich Royal families will be home to the Cyprus Property Exhibition Centre in August. The investors from Iran, Saudi, Kuwait and other GCC countries are using Lebanon as a summer playground, where many will discover the benefits of Cyprus in the CPEC held in Beirut.
An integrated marketing plan, lead by World Class Group, will target wealthy Arab nationals visiting Beirut during the summer holidays.
World Class Group, a marketing and promotional consultancy group has contracted the Phoenicia Hotel in downtown Beirut for a series of seminars promoting Cyprus to encourage inspection trips from authentic investors.
While most developers have historically not done proactive marketing, Michael J. Tolan, CEO of World Class Group says “The Time for Action is Now”.
“Developers who bury their heads in sand and speak about how good things used to be and how bad the crisis is effecting them are only attracting more lack than before. These developers will have it the worst” he added.
This expo is a simple mathematical solution, he who has money is a potential client, especially when these people are a 25 minute flight from Larnaca Airport.
In the past ,developers relied upon brokers to beat down their doors with buyers, however today, things are slightly different to say the least. No one is making any sales, because no one is packaging their offer in a way that appeals to an audience who can afford to invest.
Tolan admits most Cyprus developers are inexperienced in doing a real international trade, with most of them having courted the English market which is down 90%. World Class Group has offices in Dubai, and Beirut and has been based in the Middle East for the past 16 years. “Our staff are fluent in English Arabic French and Farsi, the essence of communication to these cultures in the Middle East, said Tolan.
The Exhibition promotion will start in early August, and developer sponsors are participating all over the Island. We are providing a solution, if the Rich Arabs are not flocking to buy, we are taking Cyprus to them, and through our experience and contacts, we will be bring investors from that region to Invest in Cyprus.
