Cyprus (Cyprus) is an island nation located in southern Turkey and oriented southeast of Greece. This is the third largest island in the Mediterranean after Sardinia and Sicily. Cyprus has a strategic position between three continents: Europe, Asia and Africa. Living in Cyprus for a long time is the wish of many people around the world.
Cyprus has many beaches stretching for miles, the oldest wine brands in the world and has a long history.
In Paphos, you can visit many archaeological sites dating back to the 4th century BC, with a number of UNESCO World Heritage sites. Cyprus is also recognized as one of the world’s top diving locations.
Although moving to a new place is not easy. However, the settlers here are extremely happy and satisfied with life in Cyprus.
If you are looking for a country to settle down, this is a great place for you and your family.
Tax incentives and discounts for real estate buyers
Property prices in Cyprus (Cyprus) continue to increase after the financial crisis in 2008, especially the tax incentives of the government that many people around the world invest and settle here. In 2015, the government launched a temporary program, reducing ownership transfer costs by half. A Ministry of Finance spokesman recently stated that this temporary incentive may soon become permanent. He also shared about another law that will be introduced, issued in the near future with a content reduction of nearly 75% of property taxes.
Foreigners can easily buy houses or buy land and build houses in Cyprus. Property prices here are quite reasonable compared to the US, UK and many other countries. The average price of a Greek house in Cyprus is about $ 110,000 (£ 88,442, € 98,206) plus taxes. Moreover, domestic and international banks often finance up to 70% of the total asset value.
The process of buying assets in Cyprus may take a short time; It may take more than 3 months to complete the transaction according to the agreement and workflow of the parties involved.
Warm sunshine and warm temperature
Cyprus (Cyprus) is influenced by the Mediterranean climate, so it has a hot, dry summer and a warm, rainy winter. Since Cyprus is near the equator, it affects its overall temperature and climate. The inhabitants of the island experienced nearly 340 sunny days in a year.
Summer lasts a minimum of 7 months, beginning in early April and lasts until the end of October. The average daytime temperature is about 32 ° C in these months and up to 40 ° C or more inland. Night temperatures may vary depending on location, ranging from 13 ° C and 24 ° C. Summer is not only hot but also very dry. In fact, it’s rare to see a cloud in the sky from the beginning of June to the end of September.
In the spring, average daytime temperatures often drop to 25 ° C, night temperatures can drop as low as 9ºC. However, you will see sunny days throughout the year and regular rain from November to March next year.
Low crime rate
Cyprus is one of the safest European countries to live in, with a lower crime rate than countries like Spain, Portugal, Italy and France. Some British people living in Cyprus think that Cyprus’ safety and security levels are much higher than those of Britain.
This island is a great place to raise children. Children can play outdoors without parents having to worry about them. However, it is best for adults to keep an eye on children often to avoid injury when children play.
Health care standards
Living in Cyprus you will enjoy extremely good care and European standards. Like in most other places, foreigners can choose between public and private health.
Low-income Cypriot people are entitled to free or subsidized treatments. Emergency treatment at government hospitals is provided free of charge to everyone, including foreign nationals; however, the cost of inpatient treatment will then have to be paid by people who are not eligible for free treatment.
All major cities have a network of government-run hospitals along with a number of smaller nursing homes, clinics and clinics. The private health sector is dominated by private doctors who dominate their own practices. Almost all physicians and medical professionals in this country have good citizenship and English proficiency, and clinic staff meet strict standards. The rate of diseases and infectious diseases on the island is always low for many years.
Comfortable space and excellent quality of life
You want to achieve a balance between work and life, Cyprus is the perfect place for you. One of the first Greek phrases you will learn when you move to this island is the “Siga Siga”, which when translated means “Slowly, Slowly”. Get used to hearing this phrase very often, as it is a mantra often used by locals. Cypriot people certainly believe that all experiences should be enjoyed and better things in life should never be rushed. Cypriot people are known to enjoy their meals unexpectedly for hours, often with family and friends. Even coffee drinking hours can continue for one hour.
There are a large number of foreigners living in Cyprus, mainly for the reasons listed above. Moreover, with convenient geographical location, there are many sports activities, playing in both summer and winter, always attracting many participants such as flying, parachuting, climbing, cycling, bathing. sea, ski, …
When it comes to living expenses in Cyprus, almost everything is reasonably priced. Prices of most products and services are anywhere from 20% to 50% lower than the UK and significantly lower than many other European countries. According to EU data, the cost of living in Cyprus is about 25% lower than the European average.
In the recent past, there has been a significant increase in the number of EU citizens, Russians and Asians have moved to Cyprus. A large number of foreigners are hired by the United Nations and other multinational companies. Most foreigners are based in the capital of Nicosia, but some other Cypriot towns such as Paphos, Larnaca, Limassol and Famagusta are also home to thousands of foreigners.
Another factor that many people choose to live in Cyprus is that the people here are very friendly with foreigners, easy to communicate (90% of the population speaks English fluently), close to other countries and beauty. nature of the country.
The above are 5 reasons why you should invest in Cyprus. Living in Cyprus helps you not only enjoy the clean, beautiful and clean sea, and European standard of living, but also very convenient for you to develop your business and live. If you are looking for a place to settle down for the whole family, don’t miss this beautiful country. This will be a great place for you and your family.