Chinese investors are increasingly investing in Cyprus thanks to its environment and Golden Visa scheme, reveals South China Morning Post (26 June 2019). Permanent residency in the EU is given to foreigners who invest 2 million Euros in Cyprus under the immigration scheme. "Cyprus is a beautiful place that offers a very high quality of life, access to Europe and good real estate investment opportunities. One of the big drivers of foreign investment is the Cyprus Investment Programme, which is very popular with mainland Chinese," said Carrie Law, chief executive and director of China's leading property portal