Gorgeous beaches, friendly tourist resorts and charming local villages, what more could you want? But it’s not just the lifestyle that makes Cyprus so appealing. Taxation on the sunny Mediterranean island is kind to foreigners who move there, especially retirees. We highlight the key facts.
Cyprus currently appears to be particularly sheltered from excessive cost of living rises. There have been increases that Cypriot consumers find eyewatering, especially since basic consumer salaries remain particularly low. This article explains the present situation and current government plans to help.
“We’re not tourists anymore – we live here!” It’s the first thing we all say when we move to Cyprus, determined to live like a local and take advantage of the lower living costs. So what does that mean in practical terms? For a start it means shopping like a local. Here’s what you need to know about shopping in Cyprus.
Renting out your property in Cyprus can be a good way to get money out of your holiday home while you’re not there. However, there are strict rules around renting, so you need to know them to be on the right side of the law.