Ever contributed capital to a livestock company with Cypriot citizenship?
According to Vnexpress and Youth, the investigation agency identified Ms. Nguyen Phuong Hang, formerly named Nguyen Thi Thanh Tuyen, in 2010 changed her name to the current one. In addition to the Vietnamese nationality, the accused also holds the nationality of the Republic of Cyprus (Cyprus).
Previously, on March 24, the Ho Chi Minh City Police Department prosecuted the case, prosecuted the accused, and ordered a detention order for Ms. Nguyen Phuong Hang for abusing democratic freedoms to infringe upon the interests of the State. country, rights and interests of individuals.
It is not uncommon for Vietnamese entrepreneurs to acquire another nationality, such as Ms. Nguyen Thi Nguyet Huong with Maltese nationality or General Director of Tan Thuan Industrial Development Company (IPC) Pham Phu Quoc with Cypriot citizenship. international press mentioned in August 2020.
According to the information we have, in 2019, there are 2 businessmen holding foreign passports, namely “Nguyen Hang Phuong”, “Huynh Uy Dung” and some other entrepreneurs who contributed capital to a company operating in the field of breed.
Two businessmen “Nguyen Hang Phuong” and “Huynh Uy Dung” with the same registered address in Cyprus have the same name as the businessman couple Huynh Uy Dung – Nguyen Phuong Hang, owner of Dai Nam tourist area. Therefore, it is not excluded that this could be the second nationality of these two entrepreneurs.
At Dai Nam Joint Stock Company as well as some related companies, businessman Huynh Uy Dung uses Vietnamese nationality.
Cyprus has been a member of the European Union since 2004 and is among the best places to live in the world, according to a survey by real estate consultancy Knight Frank.
Most international tax consultants think that Cyprus is a country with a preferential domestic tax regime: 12.5% corporate tax (the country has the lowest tax rate in Europe); 0% inheritance tax and stock sales; no tax if present in Cyprus for less than 1 year…
Cyprus and Malta are small island nations in the Mediterranean Sea and are both members of the European Union (EU) which is widely known for its citizenship by investment programs.
The Cyprus Citizenship by Investment Program launched in April 2013 allows investors around the world to obtain permanent residency or citizenship when purchasing Cypriot real estate (Golden Visa). The Cyprus Citizenship by Investment Program is based on the Decision of the Council of Ministers dated September 13, 2016 issued, pursuant to article 111A (2) of the 2002 Citizenship Registration Act.
To participate in the Cypriot citizenship by investment program, investors will have to spend a minimum of 2 – 2.5 million euros (52 – 66 billion VND) in a real estate in this country. The investor is also required to make a non-refundable contribution of €100,000 to the Research and Innovation Fund and €100,000 to the Cyprus Land Development Corporation.
With the immigrant investor program granting a permanent resident card (green card), the investor invests in a real estate that costs at least 300,000 euros and demonstrates some additional financial conditions…
According to data from the World Bank, the GDP of the Republic of Cyprus in 2020 will reach 23.8 billion USD, with a population of more than 1.2 million people. National income (GNI) per capita in 2020 will reach 26,110 USD.
Cyprus is also home to the headquarters of Mareven Food Holdings – a leading instant noodle producer in Russia, Ukraine and Kazakhstan owned by VIB Chairman Dang Khac Vy.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
