Relocation to Cyprus

Life in the Heart of the Mediterranean Sea in 2024

Cyprus, a Mediterranean island nation situated at the strategic crossroads of Europe, Asia, and Africa, offers a rich tapestry of history and culture, making it a popular destination for expatriates. Its diverse heritage and scenic landscapes, combined with its position as a cultural and economic bridge between continents, provide a unique living experience that attracts people from around the world. However, to enjoy the benefits of that country, there are lots of things that need to be done. Today I am going to show you how to find the perfect city in Cyprus alongside what you need to know to apply for a residence permit in Cyprus in 2024!

Expert in Relocation to Cyprus

Meinhard Bundschuh

About me

I am an expert in relocation services to Cyprus. I provide comprehensive support for individuals and businesses looking to move to this Mediterranean paradise. My services include:

  1. Consultation and Planning: I offer tailored advice on the legal, financial, and logistical aspects of relocating to Cyprus. This includes understanding residency requirements, tax benefits, and local regulations.

  2. Property Search: I assist you in order to find the perfect home or office space, whether for purchase or rent. At the same time, I ensure that it meets your needs and preferences.

  3. Administrative Assistance: I handle the paperwork and bureaucratic processes involved in obtaining visas, work permits, and registrations.

  4. Settling-In Services: I help you with the setup of utilities, banking, healthcare, and schooling to ensure a smooth transition into Cypriot life.

  5. Ongoing Support: I provide continuous assistance even after the move. This service includes the integration into the local community and addressing any issues that may arise.

As an expert, I ensure a stress-free relocation experience. That allows you to enjoy the benefits of living and working in Cyprus without the usual hassles.

Why should I move to Cyprus?

Choosing Cyprus as a place to live, visit, or invest can be a great decision for several reasons:

1. Climate – Enjoying Cyprus’s Mediterranean Splendor

Cyprus is renowned for its Mediterranean climate, characterized by warm and sunny days for most of the year. This type of climate offers mild winters and hot, dry summers, making it ideal for outdoor activities and a relaxed lifestyle. Whether you love swimming, sailing, or simply soaking up the sun, Cyprus provides ample opportunity to enjoy beautiful weather.

2. Cost of Living – Higher living standards for less money

When compared to many Western European countries, Cyprus generally offers a more affordable cost of living. This can be particularly attractive if you’re looking for a place where your budget can stretch further. Expenses like housing, groceries, and entertainment are often less costly here than in many parts of Europe, providing a comfortable lifestyle without the high price tag.

3. Geographical Diversity – Life never gets boring

Cyprus boasts a rich geographical landscape that ranges from stunning sandy beaches to rugged mountainous areas. This diversity not only enhances its natural beauty but also offers a wide range of activities. Whether you’re interested in water sports, hiking, or exploring historical sites, Cyprus has something to offer everyone. The varied geography also means that you can choose a living environment that suits your lifestyle preferences, whether that’s a beachfront villa or a mountain retreat.

4. Cultural Richness – Lots of to explore

The culture of Cyprus is a unique blend of Greek, Turkish, and British influences due to its historical connections with these nations. This multicultural heritage is reflected in Cypriot arts, cuisine, and community life, offering a rich cultural experience. Festivals, music, and food highlight this blend, creating a vibrant cultural scene that’s both diverse and inclusive.

5. Language – English is the way to go

English is widely spoken in Cyprus, a legacy of its history as a British colony. This makes it easier for English speakers to adapt and feel comfortable in social and business interactions. Being able to communicate easily is a huge advantage for anyone considering moving to a new country.

Moving to Cyprus: 4 essential steps before you arrive in Cyprus

Cyprus offers a welcoming environment for expatriates, combining beautiful landscapes, a favourable climate, and a strategic location in the Mediterranean. If you’re planning to move to Cyprus, here are the key steps you need to take to ensure a smooth transition.

1. Temporary Residence Permit and Permanent Residence Permit (Migration department)

Registering with the civil registry is a crucial step for all new residents. This process helps ensure that your presence is legally documented and that you are eligible for services and rights under Cypriot law. For EU nationals opting for permanent residency in Cyprus, obtaining a temporary residence permit is relatively straightforward. Foreign nationals can apply for a registration certificate, often referred to as the „Yellow Slip,“ which confirms their legal residence status in Cyprus, a key step for those visiting Cyprus or moving there permanently. To obtain permanent residency (Yellow Slip), you need to provide proof of:

Non-EU citizens, referred to as third-country nationals, have different requirements, often needing an entry visa and a valid residence permit for long-term stays. They may also explore the Cyprus Golden Visa program, which offers a path to residency through investment, particularly appealing to those involved in Cypriot companies or the financial sector. That is a lot to consider when moving to Cyprus, right?

My team is here to assist you with all the necessary paperwork and guidance throughout the relocation process to Cyprus.

2. Finding a Place to Live in South Cyprus?

Finding the right place to live is crucial when moving to a new country. In Cyprus, there are many options for renting or buying properties that suit various preferences and budgets. All the major cities like Nicosia, Limassol, and Paphos are offering unique attractions and communities. Coastal regions in northern Cyprus are particularly favored for their scenic views and proximity to beaches. I provide assistance in finding flats to rent or purchase, ensuring that you find a home that meets your needs and preferences. My services include guided tours of potential homes, negotiations with landlords or sellers, and handling legal formalities.

3. Healthcare and Education

The healthcare system in Cyprus includes private and public healthcare, ensuring comprehensive coverage for residents. After obtaining the Yellow Slip and contributing to social security, residents can access public healthcare, mirroring standards found in other European countries. Education is well-supported with numerous international schools providing quality education, which is often a consideration for families moving to Cyprus from non-EU countries or from within the EU.

4. Job opportunities and personal income tax in Cyprus

Cyprus offers a dynamic job market with opportunities in various sectors such as finance, tourism, real estate, and information technology. For those looking to maximize their economic potential, founding a Cyprus Limited company can be a lucrative option. The corporate tax rate in Cyprus is attractively low at 12.5%, and there are no taxes on solidarity or trade, making it an appealing environment for entrepreneurs and business owners. I provide guidance on the local job market, tips for jobseekers, and comprehensive support for setting up a business in Cyprus, including legal and financial advice to ensure compliance and success in your entrepreneurial ventures.

Moving to Cyprus with me

Moving to Cyprus with me ensures a seamless transition to this Mediterranean gem. With expert guidance on legal, financial, and logistical matters, I simplify the complexities of relocation. From finding the perfect property to handling visas and registrations: every detail is managed expertly. Enjoy personalized settling-in services, including setting up utilities, banking, healthcare, and schooling. With ongoing support even after the move, I guarantee a stress-free relocation experience. Embrace your new life in Cyprus with confidence, knowing all aspects are professionally handled for you. Your journey to living and working in Cyprus begins effortlessly with me.

Settling into the Island of the European Union - That is what you need to do

Moving to Cyprus, a member of the European Union, presents exciting opportunities and a lifestyle enriched by the island’s vibrant culture and scenic beauty. Here’s a guide to help you settle in seamlessly.

  • Learning the Language

    • While Greek and  Turkish are the official languages of Cyprus, English is widely spoken, especially in tourist areas and major cities.

    • Learning Greek  can be beneficial for a deeper integration into the local community and culture. Language courses are available in various formats, including online options, community classes, and private tutoring.

    • However, the prevalence of English ensures that communication is generally straightforward for expatriates.

  • Education

    • For expatriate families, Cyprus offers a range of educational options.

    • There are numerous international schools, particularly in larger cities like Nicosia, Limassol, and Paphos, providing curricula such as British, American, and IB (International Baccalaureate).

    • These schools are well-suited to families seeking continuity in their children’s education in an international environment. Additionally, local schools offer high-quality education, often with English as a medium of instruction in later years.

  • Transportation

    • Getting around Cyprus can vary depending on your location.

    • In major cities, public transportation systems such as buses are available and generally reliable.

    • However, for more flexibility and to fully explore the island, having a car is highly recommended.

    • Cyprus drives on the left-hand side of the road, similar to the UK, which may be an easier transition for those accustomed to this driving style. Car rentals and purchases are straightforward, with options suitable for various budgets and needs.

  • Banking and Finances

    • Setting up a bank account in Cyprus is straightforward, and our team can assist with this process to ensure you have everything you need for managing your finances smoothly.

    • Cyprus offers modern banking facilities, and many banks cater to international clients with services available in English.

    • Regarding taxes, Cyprus is known for its favorable tax regime, including a low corporate tax rate and double taxation treaties with numerous countries.

    • We can help you navigate the complexities of the financial system here, ensuring you make the most of your financial arrangements in Cyprus.

Enjoy your life on an island

I'll help you to relocate to Cyprus

Location:

26 Anthipolochagou Georgiou M.Savva Shop 1-2, 8201 Paphos, Cyprus

Email:

office@bs-holding.limited

Phone:

+357 700 88988

I’ll help you relocate to Cyprus seamlessly and manage every detail from start to finish. From navigating legal and financial requirements to finding the perfect home, I ensure a stress-free transition. My services include visa assistance, property search, and settling-in support. That allows you to confidently embrace your new life in Cyprus. Let me handle the complexities for you.

Life in Cyprus - How to make the best out of your time

Embracing life in Cyprus means enjoying the sun-soaked beaches, the rich history, and a vibrant social scene. Here’s what to expect as you settle into your new Mediterranean lifestyle.

  • Social Life and Networking

    • Building a new social circle in Cyprus can be an enriching experience. The island is home to a diverse international community, with a significant number of expatriates, especially in cities like Paphos.

    • In Paphos, there are active expat groups that regularly organize social gatherings, cultural outings, and community service projects, which can be a great way to meet people and form lasting friendships.

    • Joining local clubs or groups based on your interests, such as sports, arts, or hiking, can also help you connect with both locals and expatriates.

  • Leisure and Recreation

    • Cyprus offers a plethora of recreational activities that cater to all tastes and preferences. The island’s extensive coastline provides ample opportunities for beach outings, water sports, and sailing.

    • For those who prefer the mountains, hiking trails in the Troodos Mountains offer stunning views and a chance to explore the island’s natural beauty.

    • Cyprus is also rich in history, with numerous UNESCO World Heritage sites, ancient monasteries, and archaeological sites that provide a glimpse into the island’s storied past.

  • Culture and Traditions

    • Cypriot culture is a vibrant tapestry woven from Greek, Turkish, and British influences, creating a unique cultural identity.

    • Festivals and public holidays are a big part of life here, with celebrations such as Easter, Carnival, and the Festival of Wine in Limassol drawing large crowds.

    • Food plays a central role in Cypriot social life, with traditional dishes like moussaka, souvla, and meze being not only delicious but also a reason for communal gatherings. Engaging in these cultural experiences can greatly enhance your understanding and appreciation of the local way of life.

Should you move to Cyprus? - Pros and Cons

On the positive side, the island offers a

However, there are some challenges as well.

Making Cyprus Your Home - Here is what you should do

Transitioning to life in Cyprus involves not only enjoying the beautiful environment and culture but also understanding how to integrate smoothly into the local community and navigate the legal landscape.

Here are 4 Integration Tips

  1. Engage with the Local Community: Participate in local events, festivals, and public celebrations. It’s a fun way to learn about Cypriot culture and meet people.

  2. Learn the Language: While most people in Cyprus speak English, learning basic Greek (or Turkish in some areas) can greatly enhance your daily interactions and show respect for the local culture.

  3. Understand Local Customs and Etiquette: Cypriots are known for their hospitality and friendliness, so embracing local manners and customs will help you build stronger relationships.

  4. Be Patient: The pace of life in Cyprus is generally slower than in many other countries. Embrace this as part of the charm of island living.

Legal Considerations you should be aware of

  • Residence Permits for EU Members: Citizens of EU member states have a relatively straightforward path to permanent residency. By registering with the local municipality and showing evidence of employment or sufficient income, as well as a utility bill as proof of residence, EU citizens can apply for the „Yellow Slip.“ This registration certificate confirms their status as permanent residents.

  • Citizenship: After living in Cyprus for a certain period, you may consider applying for Cyprus citizenship. This process requires a deeper integration, including continued residence and familiarity with the Cypriot culture and possibly the language.

  • Investment Opportunities: Cyprus offers various investment opportunities, especially in real estate and business sectors. The government has initiatives to encourage foreign investment, which can also lead to benefits in residency and citizenship applications.