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11.04.2023
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11 April 2023

Relocation to Cyprus: TOP 10 Main Reasons

Many consider Cyprus to be a paradise island - it's really great to relax here. Many interesting sights, mild climate, clear sea with magnificent beaches.

And what nature and local cuisine, wines!

But Cyprus is good not only as a resort - it is a great place for those who are looking for peace, comfort and European level life. We have collected 10 main reasons why it is really worth relocating to the island - both in terms of ordinary family life, and in terms of investment and financial opportunities.

High life expectancy

Cyprus is known as the island of centenarians, and for good reason. Average life expectancy here is 1-2 years higher than the European average. So, women live longer than 82 years, men - longer than 79 years.

It is also worth noting that people get sick less often here, which is not at all surprising if you start to understand. There are several reasons for longevity and health:

favorable climate with cool winters and plenty of sun (300 days a year);

  1. excellent ecology, lack of factories, small towns;
  2. proximity to the sea and nature;
  3. quality food, in particular, vegetables and fruits all year round, olive oil, seafood, cheeses;
  4. low stress levels;
  5. high level of security.

It is worth noting good medicine, especially when it comes to the GESY system. It is available not only to citizens of Cyprus, but also to those who have permanent residence. There are also good rehabilitation centers and family planning centers on the island.

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Respectful attitude towards the family

In Cyprus, the family is very carefully treated, appreciated and respected. Indigenous Cypriots love to gather for the holidays with all their numerous relatives, arrange magnificent feasts, and go out on picnics together.

Children are adored here: they are pampered in every possible way and raised in love and care. Until recently, 3 children per family was considered the norm, but in recent years, Cypriots have begun to have fewer children - 1-2. However, this did not affect the general attitude towards babies.

Pensioners in Cyprus are also very comfortable. There is good weather, convenient infrastructure and a quiet, measured life - both on the coast and in the mountains.

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High quality education

Since there are many children in Cyprus, it is logical to assume that everything is thought out for them - up to a good education. There are public schools that teach in Greek, several Russian-language schools (mainly in Nicosia and Limassol) and private schools. Of these, the most prestigious are British. There is teaching in English according to the program of British schools. Children who graduate from them are fluent in English and can easily enter universities not only in Cyprus and the UK, but also in many world universities.

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By the way, there are enough excellent universities in Cyprus a variety of directions. They are mainly concentrated in the capital - Nicosia, but there are several branches in Limassol and Paphos. Diplomas from Cypriot universities are highly valued both in Europe and in the world. At the same time, the cost of training in them is very adequate.

Good weather all year round

Compared to the main territory of the former USSR, Cyprus is a very warm and comfortable place with a mild Mediterranean climate. Summers here are unusually hot, but the rest of the seasons are very pleasant. Spring is warm, autumn is velvety, winter on the coast is snowless and at positive temperatures.

IMPORTANT: Cyprus is located far from the equator, so there is a change of seasons. Many note that it is an important component of life in a new place.

Interestingly, snow lies in the highlands for about three months a year, and there is a ski resort in Troodos resort.Therefore, everyone who misses real winter can come to visit or spend the winter in the mountains.

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Cosmopolitanism in the narrow sense

Cyprus is a multinational island. Of course, the majority of the population are native Cypriots, but there are also enough visitors here. In Paphos, for example, many British families live, and Limassol (by the way, rightly) is called the "Russian city". There are a lot of visitors both from Europe and from third countries. You can easily meet natives of Sri Lanka, Philippines, Egypt, etc. on the street.

At the same time, all nationalities are friendly in Cyprus. Respect and a warm welcome are guaranteed to all who are willing to show mutual goodwill.

It is worth noting the tolerance for religion. Orthodox Christianity is widespread in Cyprus, but there is a place for other religions. Everyone gets along peacefully - the times of persecution for the faith have long since sunk into oblivion.

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No language barrier

There are two official languages in Cyprus - Greek and English. Cypriot Greek is more common, native Cypriots speak it - this is a kind of dialect. Turkish is spoken in the northern part of the island. But English is taught well in Cypriot schools, plus do not forget that there are many visitors here. Therefore, there are rare cases when you cannot be answered in English.

A lot of Russian-speaking people live in Limassol (according to some sources, up to about 15%), so you can do without even knowing foreign languages. You can always come with zero knowledge of English or Greek, and then start learning it in a natural environment.

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Advantageous Conditions for Business

Cyprus offers one of the most favorable tax systems, attracting many entrepreneurs to relocate to the island to conduct their business. The corporate income tax is one of the lowest in the EU, standing at just 12.5%. Additionally, in Cyprus, you can efficiently purchase or lease office space, find professionals from various fields, and attract investors.

Not long ago, Cyprus introduced the concept of the digital nomad visa, allowing individuals to live legally on the island while working remotely. You can become a tax resident or choose not to.

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Easy Permanent Residency (PR) Acquisition through Property Purchase

If you plan to reside permanently in Cyprus and even obtain citizenship, you should definitely consider the accelerated PR program. It grants the right to reside permanently in Cyprus for both you and your family if you purchase property worth at least 300,000 euros. You can make a down payment of at least 200,000 euros and take out a mortgage or installment plan for the remainder.

PR through the accelerated program is issued within 3-6 months, and there are no additional requirements for the recipients: no need for health insurance, language exams, and so on. PR can be obtained by the buyer, their spouse, children up to 25 years old, and elderly parents of both spouses. The family must have the means to live, obtained from outside Cyprus – the amount depends on the number of family members and their relationships.

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Profitable Real Estate Purchase as an Investment

Real estate in Cyprus is not only a place for your family to live but also a lucrative investment. Buying an apartment or house in a new development guarantees the preservation and growth of your finances. Considering that property prices in Cyprus are increasing (in some areas, at a significant rate), you can easily sell or rent out your property later.

High Safety Levels

Lastly, it's worth mentioning the low crime rate and safety on the roads in Cyprus. Criminal reports are limited to a few lines, and traffic is quite calm, especially in the suburbs. The quiet family atmosphere and the openness of local residents create a sense of complete safety and comfort for both adults and children.

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Interested in property on the island? Visit the #1 real estate agency in Cyprus, DOM! The agency's website features the largest database of real estate in the country, with over 30,000 residential and commercial properties across the entire island. Choose and contact professional brokers who will help you make the right choice!

Also, read:

  1. 10 skyscrapers that will adorn Limassol in the coming years
  2. Education in Larnaca: kindergartens and schools
  3. Medical tourism in Cyprus
  4. Top 5 interior design mistakes in a new apartment
  5. Monagri and Doros: picturesque villages in the suburbs of Limassol
  6. Schools in Paphos
Source: DOM
Photos: dom.com.cy, pxhere.com

Interested in property on the island? Check out the number one real estate agency in Cyprus, DOM! The website features the largest database of real estate in the country – over 100,000 residential and commercial properties across the entire island. Choose and consult with professional brokers who will help you make the right choice!

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Компания «Dom Real Estate» Контакты:
Адрес: Limassol, Cyprus,
Телефон:+357 25 212 212, Электронная почта: info@dom.com.cy