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Moving to Cyprus: everything you need to know about life on the island

Cyprus attracts expats with its pleasant Mediterranean climate, high level of safety, healthcare and education, delicious food, and friendly locals. In this article, we discuss in detail all the nuances and opportunities that need to be considered before moving to the island.
12 may 2024
AUTHOR: Anna Galchenko
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Anna Galchenko
Editor-in-Chief at tripmydream
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Pros of living in Cyprus

  • pleasant climate;
  • high level of safety;
  • opportunities to start a successful business in tourism, entertainment, and retail;
  • favorable tax system;
  • high-quality healthcare;
  • affordable real estate.

Cons of living in Cyprus

  • underdeveloped transportation system: mainly buses, taxis, or a private car, while fuel is expensive;
  • lower salaries compared to other European countries;
  • high utility costs;
  • high prices for imported goods;
  • expensive private healthcare.

How to legalize your status in Cyprus?

Visas for entry into Cyprus

Cyprus visas are divided into the following categories:

  • Short-term: for stays of less than 90 days (tourist visa). Usually issued for multiple entries and allows you to stay in Cyprus for up to 90 days within a 180-day period.
  • Long-term: issued for a period of more than 90 days for employment or study at a university.

To apply, you need to prepare the following documents:

  • fill out the application form in English and sign it personally;
  • international passport;
  • two 3 x 4 cm photographs, one to be attached to the application form and the other to be included with the documents;
  • proof of residence, prepare in advance a rental agreement, property purchase agreement, or hotel reservation;
  • medical insurance policy;
  • proof of income of at least €50 per day; you can use a certificate of income from work or a sponsorship letter if you are traveling by invitation, or a bank statement showing your current balance;
  • return ticket;
  • a receipt for payment of the state fee is required.

Digital Nomad Visa in Cyprus

A digital nomad visa, or Digital Nomad Visa, is a tourist visa that gives you the right to stay in Cyprus for 1 year with the option to extend for another year, while working or running your own business remotely. Required documents for obtaining a visa: valid passport, photo, insurance, confirmation of employment abroad, proof of income — at least €3,500 per month, completed application form, no criminal record, accommodation reservation.

How to obtain a residence permit and permanent residence in Cyprus?

The fastest way to obtain a residence permit in Cyprus is to purchase residential or commercial real estate worth at least €300,000, or invest in resort complexes, entertainment centers, cafes, or nightclubs. In addition, you need to confirm that you have sufficient annual income to live on the island. If all conditions are met, a residence permit is issued to the entire family.

There are programs for obtaining a residence permit through employment with a local company, admission to a university, or confirmation of kinship with a citizen of the country. Available to residents of non-EU countries, the validity period depends on the reason for relocation and ranges from 1 to 10 years.

Documents required for a residence permit:

  • application form in English or Greek;
  • foreign passport, visa;
  • certificate of no criminal record with a translation into Greek or English;
  • blood test results for HIV, syphilis, hepatitis B and C, fluorography results;
  • medical insurance;
  • document confirming ownership or lease of real estate in Cyprus;
  • proof of financial solvency (bank statement, sponsorship letter or employment contract, proof of income).

Documents must be translated into Greek or English and confirm the reason for relocation.

Documents required for obtaining permanent residence for investment:

  • application form MIP1;
  • originals and copies of the applicant's and his family's passports;
  • proof of permanent address in Cyprus;
  • the applicant's biography;
  • income declaration exceeding €50,000 per annum;
  • proof of investment of at least €300,000;
  • a statement confirming that the applicant is not employed in Cyprus;
  • certificate of no criminal record and no criminal record for the spouse;
  • marriage certificate and birth certificates of children.

Documents must be submitted in person at the offices of the Department of Registration and Migration of Citizens in the Cypriot capital, Nicosia, after making an appointment on the website.

How to obtain Cypriot citizenship?

Despite the fact that the Cypriot government is keen to attract foreign investors to the island, the "golden passport" program was closed in 2020. Now, you can obtain a Cypriot passportthrough "naturalization" after living in Cyprus for more than 7 years. The second way is to marry a Cypriot; you can obtain citizenship after 3 years of official union. Children born in Cyprus also obtain citizenship if at least one of their parents has Cypriot citizenship.

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Citizenship by naturalization

Naturalization is the process of living in another country for a long period of time and gradually integrating into society. To obtain Cypriot citizenship, you must live in the country for at least 7 years: the first 5 years on a residence permit and 2 years on a permanent residence permit. After this period, the migrant can apply for citizenship.

Requirements for naturalization in Cyprus:

  • Continuous residence in the country for the last 12 months prior to application.
  • Legal residence in the country for 7 years.
  • A stable source of income.
  • Timely payment of taxes and utility bills.
  • No criminal record, fines, administrative penalties, or pending legal proceedings.

Moving to Cyprus for retirees

Pensioners from any country have the right to move to Cyprus, obtain a residence permit, and transfer their pension to one of the local banks. The easiest way is through the purchase of real estate. The required documents are: passport, health certificate, and certificate of no criminal record with an apostille. A citizen of Cyprus has the right to bring their parents from any country under the family reunification program.

Life in Cyprus

Features and searching for housing in Cyprus

You can find housing through the local Bazaraki portal or in Facebook groups. In Cyprus, you can bargain on the price, usually getting a discount of 30-50 euros, even from agencies, especially if it is an unpopular property. All you need for a rental agreement is your passport.

There is no gas in the apartments, but there is a stove, for which you can buy gas cylinders and use them for cooking. Electricity comes from solar panels located on the roofs that power the houses. There is no heating, so in winter, homes are heated with air conditioners and heaters, which results in a hefty electricity bill. A gas heater will cost €10-15 per week.

Rental prices for furnished apartments with appliances start at €600 and above. Utilities average €100 to €200 for a two-room apartment, and internet starts at €20 per month. The average price of real estate in the capital is €1,700 per square meter. In the center of a large city, housing prices start at €3,400-5,200 per square meter.

Cost of living in Cyprus

Monthly expenses in Cyprus average €750 per person and €2,700 for a family with two children.

Food: fruit and vegetables are very affordable, costing between €0.3 and €0.8, a 1.5-liter bottle of water costs €0.7, bread costs €1, and a dozen eggs costs €2. On average, a family of two spends €300 per month on food.

Transportation: bus fare is €1.50, taxi fare is €5 for the initial charge and €1.50 per kilometer. Car rental depends on the season: in the low season, you can rent a car for €11 per day, and in the high season, €20-25 for a budget car. The price of gasoline is €1.25 per liter.

Taxes in Cyprus

Personal income is subject to two main taxes: social insurance tax (8.3% on amounts up to €54,864) and national health insurance contributions (2.65% on amounts up to €180,000). For sole proprietors, these rates are 15.6% and 4% of income, respectively.

Medicine in Cyprus

Public hospitals have general practitioners and specialists on duty. You can have blood tests done and get medication in case of emergency. Patients are seen by appointment only, which can be made on the website or by calling the doctor directly. Some employers pay for health insurance for their employees and their families. People on low incomes are provided with free medical care.

Cyprus has a child vaccination program. To enroll a child in school, they must have all the required vaccinations for their age. Basic health insurance costs from €50 per month and above, and is half the price for children. The program includes visits to a therapist and compensation for necessary medications. For permanent residence in Cyprus, it is better to purchase good insurance, especially if you have health problems. There are different insurance packages: family and individual. For example, for a family of four, it is more profitable to take out family insurance. The cost of insurance will increase with the age of the policyholder. Insurance can be purchased from local companies at affordable prices and from international companies.

Private clinics have all the necessary specialists, but the prices are very high; for example, surgery costs between €5,000 and €10,000. Therefore, many Cypriot citizens often travel to other countries for treatment.

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Education in Cyprus

Kindergartens and schools

All children, regardless of citizenship, who live in Cyprus permanently or temporarily, but only legally, have the right to preschool education in state kindergartens. Teaching is in Greek. Children are accepted from the age of 3. The working hours are mainly from 8 a.m. to 1 p.m., but there are also extended hours options. Some kindergartens provide lunch, while others require you to bring snacks.

Almost all English kindergartens are located in Limassol. Children can be enrolled from 2 to 5 years old. Children are taught modeling, drawing, and computer literacy. The working hours are from 7:30 a.m. to 6:00 p.m. The cost is €200-300 per month.

Schools in Cyprus, like kindergartens, are either public (Greek-language) or private. English-language schools offer 13 years of education. A year of education in the lower grades costs around €3,500, and in the upper grades, around €7,000-8,000 per year.

Higher education

Local educational institutions cooperate with universities in different countries, most of which adhere to the American education system, which in turn allows students to regulate their academic load and choose subjects that interest them. This reduces the cost of education — the fewer subjects, the cheaper the tuition. To be admitted, you must have a minimum English level of 5.5, confirmed by an IELTS certificate. If your score is not high enough, you can take language courses at the university.

Tuition fees:

  • Bachelor's degree – from €8,000 per year
  • Master's degree – from €8,500 per year (programs combined with practical training can cost €6,500)

There are also grants and scholarships available, ranging from 10% to 50% of the tuition fees, up to €2,300 per year for international students.

Mentality and traditions

The mentality is similar to that of Europeans and Russians, so it is easy to find common ground with them. They are smiling people, very kind and hospitable, friendly, and always ready to help. For them, connections are more important than money, so if you become friends with a Cypriot, you automatically become a friend to all of their acquaintances — this will make it easier to find a job and live in this country in general.

Cypriots take care of their appearance and play sports. People there are in no hurry, they live freely, go to restaurants, exhibitions, museums — it feels like they don't work at all.

Cyprus has a patriarchal society, where the man is the head of the family and is always right. He takes responsibility for the family, protects and provides for them, and they have strong family values. One tradition is that Cyprus has coffee shops exclusively for men, where Cypriot women do not go, and tourists should not break these rules.

Cypriots often have many children, and when the third child is born, the family becomes tax-free. Children are adored, pampered, and cherished; even if your child misbehaves, no one but you will dare to punish them. Children are even shielded from household chores. Adult children leave to start their own families, but they often visit their parents to celebrate holidays and family gatherings together.

Leisure and tourism in Cyprus

Beautiful beaches are open and accessible: rocky and sandy, the sea is very clean, the sea air is fresh, and the food is delicious and served in very large portions. Entertainment includes a Greek mythology-themed water park, an amusement park, a bird park in Paphos, the Tombs of the Kings, Kolossi Castle, the Archbishop's Palace, Ayia Napa Monastery, and the famous Keo beer factory.

There are no insects or poisonous plants on the island or in the sea. On the downside: there is no nightlife, no 24-hour restaurants or shops, and the roads and sidewalks are not lit at night.

Safety and trust are important values in Cyprus. Hotel rooms are left with open balconies, even on the first floor, and money and valuables left in plain sight will not be touched. The level of crime and offenses is low. There are fines for smoking and drinking alcohol in inappropriate places. If you go out drunk, you may end up at the police station. The vigilance of local police officers helps to keep crime rates low.

Banking services in Cyprus

Banks provide services such as loans (mortgages, car loans, business development loans), deposits, investments (stocks, bonds, funds, and real estate). Access to online banking, where you can track all changes in your balance on cards and bank products. Cyprus has large international banks that offer their services in different countries, which is useful for customers with international business operations. There are 20 banks operating in the country, 15 of which are foreign.

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