Uglobal Immigration Magazine 4.1 | Page 70

70 UGLOBAL TOP
IMMIGRATION 25 DEVELOPERS
MAGAZINE
CYFIELD GROUP
HQ : Nicosia , Cyprus Executive Director : George Chrysochos
Cyfield Group is one of the leading real estate developers , general contracting and construction groups in Cyprus . The group operates in all areas of the construction industry : land development , contracting of public and private infrastructure projects , production and trading of specialized building materials , and energy production . With 30 years of experience , Cyfield designs , manufactures and sells all types of high-quality residential and commercial properties in Cyprus and Greece . The group ’ s advancement , success and excellent reputation are the result of its reliability in the delivery of the high-quality projects , the transfer of title deeds , as well as the focused business strategies , high ethical standards and strong financial base .
2021
DEVELOPERS
UGLOBAL IMMIGRATION MAGAZINE TOP 25 WINNER 2021
WHAT NEW CONSTRUCTION TRENDS ARE YOU SEEING IN THE GLOBAL RCBI INDUSTRY ESPECIALLY WITH THE IMPACT OF COVID-19 ?
COVID-19 has considerably impacted the trends in the construction industry . The necessity to spend more time in one ’ s home has triggered the interest in investing in safe countries with developed healthcare systems , high education levels , good weather conditions and high quality of life . The requirements coming from the businesses have also shifted to specially designed commercial buildings . Due to new regulations , businesses are required to accommodate new ways of working together . More people are looking for smaller apartments or affordable houses outside the cities due to the increase in construction costs , as the prices for construction materials have soared by up to 100 %, leading to an overall construction cost increase by 20 %.
DART
HQ : Grand Cayman , Cayman Islands CEO : Mark VanDevelde
Dart ’ s real estate portfolio includes a master-planned 685-acre town center , its flagship development , in addition to a growing portfolio of world-class Seven Mile Beach developments . Dart strives to create opportunities and enhance the quality of life for all in the Cayman Islands through purposeful placemaking , meaningful connections and lasting experiences that transcend bricks and mortar . The Cayman Islands has a residency-by-investment program that offers persons of independent means or qualified business investors the path to obtain permanent residency in the Cayman Islands . Dart helps share information about this program with interested buyers in its residential developments .
WHAT NEW CONSTRUCTION TRENDS ARE YOU SEEING IN THE GLOBAL RCBI INDUSTRY ESPECIALLY WITH THE IMPACT OF COVID-19 ?
In the Cayman Islands ’ RBI program , any developed real estate qualifies provided it meets the minimum investment criteria – there are no “ government-approved ” real estate projects . Applicants typically acquire luxury beachfront condos or canal-front villas , which feature home gyms and offices , and private outdoor green spaces and swimming pools . A lack of restriction on foreign ownership of property , no direct taxes and no alien landholding licenses make Cayman ’ s RBI program an increasingly popular choice amongst HNWIs .
2021
DEVELOPERS
UGLOBAL IMMIGRATION MAGAZINE TOP 25 WINNER 2021