Sancosan Trading Co LTD

Operational Address 269 Posidonos, Ayios Silas, Limassol, Cyprus
Business Type Trading Company, Distributor/Wholesaler
Location Cyprus, Cyprus
Year Established 2003
Main Markets China (Mainland), Asia, Europe, North America, South America, Australia, Africa
Main Products Machines,Tools, Steel Products,OIL, Chemicals,Energy,Agriculture,Costruction Real Estate, Construction,Fasteners,CONSTRUCTION MACHINES, BUILDING MACHINES,MACHINES
Country/Region Cyprus

Company Introduction

SANCOSAN TRADING CO LTD is an international trading company registered in Cyprus since 2003. It is located in Limassol which is the most economical and commercial area of the island. We sell machines, tools, wires, fasteners, steel products and more. Customers are welcome to send us their requirements. Business partners requiring further information are welcome to contact us and will be gladly provided.We have created a separate department in our company and we are the Promoter Agents of Real Estate in Cyprus. Cyprus is the third largest island in the Mediterranean and acts as a stepping stone to three continents: Europe, Africa and Asia through the Middle East. Cyprus has been a full member of the European Union since 2004 and is considered a natural choice for international business. The island is serviced by two ports and two international airports. It has excellent telecommunications and a relatively low cost of living. It also has a service oriented economy that is highly skilled and internationally reputable. Cyprus enjoys an extensive Double Tax Treaty network both with capital exporting countries and emerging markets.Permanent Residency in Cyprus: The Council of Ministers with a decision taken 22nd August 2012, allows the Minister of Interior to take a decision on category F immigration permits applications (Permanent Residency), thereby speeding the process. The new expected timeframe of examining each case is 2 to 3 months.Benefits: Stay in Cyprus for an indefinite period of timeCan travel to Europe with no further Visa necessary and stay up to the countrys normal visitor visa (about 3 months). Visa is only required to visit UK and Ireland.Children can go to internationally recognised schools of all levels (primary, secondary, university)Enjoy a healthy unpolluted environmentDo business around the world through a Cyprus based company, which have the lowest taxation rate in Europe.Criteria: The criteria for a fast and unilateral decision by the Minister are as follows:The applicant has to prove annual sufficient and secure income from abroad of at least Euro30,000 (from income, interest, rentals, dividends, pensions, etc.) plus Euro5.000 for each dependent member of the family (each child).To purchase a home or other property in Cyprus of at least Euro300,000 value (excluding VAT) or more and proof of payment of at least Euro200,000 of this amount before the application is lodged.Proof of a fixed deposit of Euro30,000 euro for a minimum of three years in a Cyprus bank.All amounts mentioned above must be proven to have come from abroad.Official declaration that the applicant will not engage in any form of employment in Cyprus, paid or unpaid.Subject to verifying the truth and accuracy of all papers that will be submitted with the application. Property Purchase:Now is the time to buy home or other building (offices, shops, warehouses, hotels, and so on) in Cyprus as the market value has been dropped due to the international crisis.SANCOSAN TRADING CO LTD as a Promoter Agent selects the best property to offer to interesting customers. We will also assist the customers throughout the process and introduce them to professional expertise.Inspection trip:SANCOSAN TRADING CO LTD organises Inspection Trips for customers interesting to visit, inspect and select their property. The Inspection Trip is about 4 to 5 days and the cost is USD 5.000,00 per couple. This amount is prepaid and it covers the following:Return air tickets (economy)Meet and transfer from/to the airportAccommodation in hotel or apartmentMessing (Breakfast, Lunch, Dinner)Tour to inspect and select their propertyTour for shoppingImportant Note: We will REFUND the Inspection Trip cost of USD 5.000,00 back to the customer, when he purchases his property from our offers.

Contact Information

Contact Person Mr. Costas Nicolaou
Department Director/CEO/General Manager
Job Title Managing Director
Telephone 357-25-819918
Fax Number 357-25-877979
Address 59b Omonias Av.
Fax 357-25-877979
Zip/Post Code 3781