You will pleasantly surprised to hear that Cyprus has one of the lowest crime rates in Europe and this is what makes the island so attractive to anyone wishing to invest in the Cyprus Property market. Apart from feeling secure on the island you will notice the very relaxed atmosphere amongst the local residents, so much so it has been compared to pre war Britain.
In some ways the European community is fantastic, especially that you can now go and work in any member state. Cyprus is no exception, so now buying a property in Cyprus doesn't just mean buying a holiday home as you can work and live there all year round.
Any European Citizen who decides to Work in Cyprus will have to register at the Alien Central Register. Once you have registered you can look for work either at the job centre or privately. A residence permit must be applied for within the first three months of living there.
When it comes to living in a country it is always a good idea to make as many savings as possible. One great alternative in Cyprus is solar energy as it's both cheap to run and install and will only take about five years to cover your total costs. Another effective saving is on water as you are able to bore your own well. With a government license and about 360 in costs you will actually be provided with a free water source.
If you have a business and would like to move to Cyprus you will have no problem in acquiring a property as along it were to be used for the running that business. Permanent residents in Cyprus have to pay tax on world wide earnings but the good news is that they have almost the lowest rate in Europe , and this is extremely beneficial for people who retire there.
By European standards, Cyprus is inexpensive to set up home and live in, and you can get by very comfortably on a smaller budget than you would in many other countries and all these factors along with special tax incentives offered by the Government, explain why so many people from abroad choose to live in Cyprus.
In some ways the European community is fantastic, especially that you can now go and work in any member state. Cyprus is no exception, so now buying a property in Cyprus doesn't just mean buying a holiday home as you can work and live there all year round.
Any European Citizen who decides to Work in Cyprus will have to register at the Alien Central Register. Once you have registered you can look for work either at the job centre or privately. A residence permit must be applied for within the first three months of living there.
When it comes to living in a country it is always a good idea to make as many savings as possible. One great alternative in Cyprus is solar energy as it's both cheap to run and install and will only take about five years to cover your total costs. Another effective saving is on water as you are able to bore your own well. With a government license and about 360 in costs you will actually be provided with a free water source.
If you have a business and would like to move to Cyprus you will have no problem in acquiring a property as along it were to be used for the running that business. Permanent residents in Cyprus have to pay tax on world wide earnings but the good news is that they have almost the lowest rate in Europe , and this is extremely beneficial for people who retire there.
By European standards, Cyprus is inexpensive to set up home and live in, and you can get by very comfortably on a smaller budget than you would in many other countries and all these factors along with special tax incentives offered by the Government, explain why so many people from abroad choose to live in Cyprus.
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Read these Cyprus Villa Tips written by the illustrious Tim Martins and check out his Cyprus Holiday Blog
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