Why Cyprus: 5 Reasons to Relocate to this Dreamy Island

Why Cyprus

The prized jewel in the crown of the glorious Mediterranean region, Cyprus is a dreamy and picturesque island tucked between Asia, Africa and Europe. Aside from being a favorite tourist destination, Cyprus is extremely popular amongst expats from across the world, seeking to move abroad.

The island is home to some of the most beguilingly beautiful beaches of the Mediterranean Coast, alongside a powerful historical heritage, rich cuisines, and much more. The people are very welcoming and friendly, and over the years, the island has welcomed many expats who now feel proud to call Cyprus their home.

Let’s take a look at 5 reasons why this island is the best destination to relocate to, and how it will improve your life quality:

why cyprus

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1. Financial Perks

Living in Cyprus comes with a great deal of financial perks that allow you to enjoy a luxurious lifestyle without making significant increases to your income. For instance, you get to enjoy a European Union passport, tax evasions, and reduced expenses for title deeds.
The real estate market has stabilized and due to government incentives and schemes, the costs are strikingly reduced. Property taxes are low, which has boosted foreign investment, which is further facilitated by the fact that foreigners can easily purchase and construct properties in Cyprus.

Get Cyprus Financial Statistics from official Cyprus government website.

2. Sunny Mediterranean Climate

If you are a fan of warm temperatures and adore basking in the sunlight while swimming through the sea, Cyprus’s close proximity to the equator makes it the perfect destination for you. With mild winters and a summer that lasts for 7 long months, you get to witnessed diversity and dehydration because the Cypriot sun is devastatingly powerful. However, Cyprus is one of the rarest countries where you can swim in the ocean and ski down a slope on the exact same days. The mountains of Troodos beckon with their challenging slopes, while the sea is always close by in case you want to take a dip.

Find out about Cyprus Weather.

3. Controlled Crime Rate

Cyprus is one of the safest countries to live in across the European Union, with security measures much more effective than the United Kingdom, Greece or Turkey. With the exception of petty thefts, the crime rate is strikingly low, making Cyprus the best place to raise a family.

4. Quality Healthcare

The National Healthcare System of Cyprus provides free medical assistance to everyone, and those in the low income bracket enjoy free and subsidized healthcare. Expats can chose from a wide range of state-of-the-art private and public healthcare facilities, built and operated as per international standards. Foreign nationals are provided free of cost emergency treatments, and British expats can enjoy public healthcare without contributing to the island’s social security programs.

5. Peaceful & Rewarding

If you want to find a harmonious balance between your professional and personal life, the slow-paced environment and natural beauty of Cyprus is the perfect destination to start over. The island will teach you how to tune into the sounds of the waves, savor rich varieties of cheeses and wines, alongside lesser threats of burglaries and financial insecurity.

 

Related: Taxes Paid by Permanent Foreign Residents in Cyprus

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