All You Need to Know When Relocating to Cyprus

Envision the sun-kissed beaches, the sound of waves, ancient archaeological treasures, and a life filled with Mediterranean flavours. This is Cyprus – an enchanting island with a rich history and a promising future. If you’re considering relocating to this gem in the Eastern Mediterranean, here’s your comprehensive guide.

The Climate:

Cyprus boasts a Mediterranean climate with mild winters and sun-soaked summers. With more than 300 sunny days annually, it is one of the sunniest locations in Europe, making it an ideal place for those who appreciate a pleasant climate all year round.

Cost of Living:

The cost of living in Cyprus is relatively moderate when compared to other Western European countries. While Nicosia, the capital, might be slightly more expensive, cities like Larnaca and Paphos offer a comfortable life at more affordable rates.

Real Estate and Housing:

Whether you’re looking to rent or buy, the property market in Cyprus offers a diverse range of options. From modern apartments in the city centers to scenic villas overlooking the sea, there’s something for every taste.

Education:

Cyprus offers a blend of public and private educational institutions. English is widely spoken, and there are several English-speaking schools and universities, ensuring a smooth transition for your children.

Healthcare:

The country boasts a robust public healthcare system complemented by a burgeoning private sector. Medical facilities are equipped with modern technologies, and many medical professionals are trained abroad, ensuring international standards.

Employment and Business Opportunities:

As a member of the EU, Cyprus presents various employment opportunities, especially in sectors like finance, real estate, tourism, and IT. For entrepreneurs, Cyprus’s friendly business environment, favorable tax regime, and strategic location make it an attractive place to set up shop.

Language:

While Greek is the official language, English is widely spoken, especially in business contexts and urban areas. Russian, due to a significant expatriate community, is also commonly heard.

Culture and Lifestyle:

Cyprus offers a blend of modern European culture with deep-rooted Mediterranean traditions. The island is known for its festivals, music, dance, and of course, its delectable cuisine.

Residency and Citizenship:

Cyprus provides various residency programs, including the Permanent Residency by Investment and the Cyprus Investment Programme for citizenship. Consulting with experts like those at Advocates Cyprus can help streamline this process.

Transport:

Cyprus has a well-maintained network of roads, two international airports in Larnaca and Paphos, and regular bus services within and between cities. However, having a car can be beneficial, especially if you’re keen on exploring the island’s hidden treasures.

In conclusion, relocating to Cyprus is an appealing prospect for many due to its advantageous blend of lifestyle, opportunities, and natural beauty. However, like any significant move, it’s essential to plan adequately and seek expert advice where necessary.

At Advocates Cyprus, we have an adept team ready to guide you through the legalities and formalities of making Cyprus your home. From residency applications to property laws, our seasoned professionals are at your service.

For more information or assistance with your relocation process, contact Advocates Cyprus at [email protected] or call us at +357 24 023370.

About Advocates Cyprus

Advocates Cyprus stands as a leading figure in legal and corporate services in Cyprus. Our multifaceted team offers comprehensive guidance across sectors, incorporating regulatory advice, legal services, and personalized strategies. We are driven by our commitment to ensure our clients navigate Cyprus with ease and confidence.

For further insights or queries:

Email: [email protected]

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Simon Zenios & Co LLC, advocatescyprus.com

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Telephone: +357 24 023370

Published on: 16/10/23