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Living in Cyprus articles
Persons transferring their normal residence in Cyprus are eligible to import duty free their personal property including a vehicle, which has been in their possession for a minimum of 6 months before the date of transfer. All personal property should be transferred within 12 months from the date of transfer. Relief is subject to various conditions such as proving that he had his normal residence outside Cyprus for a continuo...
Favourable law system for EU citizens Strategic geographic location Professional services at logical prices High communication infrastructure International banking system & regulations Strong legal system Favourable tax regime Free movement of foreign currency No restrictions on ownership by EU citizens Work permit not required for EU citizens Excellent healthcare facilities Facilities for foreigne...
The banking system and regulations are of European standard. There are international and local banks operating in the island with many branches offering wide and high quality services. Non-Cypriot citizens may open accounts in local and foreign currencies and receive bank facilities like mortgages for buying property in local or foreign currency. Major credit cards are widely used. ...
Traffic moves on the LEFT hand-side of the road. Left hand-side International road traffic signs are in use. The drive wheel is located on the right hand side of the car. Four lane motorways connect the capital, Nicosia/Lefkosia with the coastal towns of Limassol/Lemesos, Larnaka and Pafos. Fairly good surfaced roads complying with international traffic requirements link the towns and villages. Driving licence: ...
EU citizens are free to move their business in Cyprus and work locally or internationally through a Cyprus company. Tax benefits EU citizens do not require a work permit There are employment possibilities since there are many international & multinational organisations operating on the island Comparison of personal tax rates between Cyprus and the UK Cyprus Scale of 20%-30% for income C£10.0...
Foreign Persons (other than E.U. citizens) who have purchased property and are retiring in Cyprus can apply to obtain this permit. The granting of the permit is based upon the living level of foreign income available to support oneself and this includes pensions and income from investments or otherwise. A proof of an annual income of CY£12,000 is usually considered satisfactory for two retired persons. A foreigner can ap...
The healthcare in Cyprus is extremely efficient and available to all EU residents. First Aid exists in all Government hospitals and attendance to them is without any charge for both locals and foreigners. There is a regional hospital about 6 kilometres away from Psematismenos Village (Santa Marina Villas) and less than that from Oroklini Village (Sun Sea Quality Homes). Those wishing to consult medical experts privately will f...
Nursery, junior and secondary English speaking schools are available. Tertiary education is provided at the University of Cyprus, as well as at a number of private English language colleges that offer accredited undergraduate courses in various fields such as business studies, marketing, economics, and computer studies. ...
Cyprus offers a wide choice of recreation both day and night: restaurants Cyprus tavernas, cafeterias, pubs, regional feasts. Sport activities: water sports, yachting, golf, skiing. Music and culture events: Modern and classical concerts, theatre, ballet, opera and other culture events are organised by local and international visiting artists in all towns. The British Council operates a library and organises cultural event...
Cyprus implemented the EUPETS policy that makes it mandatory for pets from EU countries to have an EU passport for movement between member states. Movement from a third country will require an additional EU Health Certificate. ...