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.
Prices for energy and electricity are shooting up worldwide and costs are higher than ever before. Sadly, energy costs are still gaining upward momentum, so we’re looking into alternative energy sources to help save you a bit of money in your Cyprus home.
Although I’ve been ‘away’ for a couple of months, I’ve kept a close watch for any newsworthy happenings in Cyprus. It seems that, like everywhere at the moment, the Russian/Ukraine war has slowed property developments, like new housing complexes, that were earmarked for starting.
Cyprus is a trailblazer when it comes to residency schemes for non-EU nationals like Britons. The fastest and most comprehensive route to permanent residency there is through its Permanent Residency by Investment Programme. Your other option is via the Category F route, which takes longer but is more affordable. In both cases, applicants cannot be employed in Cyprus and must prove a certain level of income. For each, we outline the key considerations.
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