As of 1st of May 2004 Cyprus became an official member of the E.U. which enables citizens of any member states to work here.
Can I receive my pension in Cyprus?
UK pensions are easily transferable to Cyprus. For individuals, CYP 2,000 of pension income from abroad is received tax free per annum, thereafter income tax is applied at the very low rate of 5% to amounts above this. Additionally, Cyprus has a double taxation agreement in place with many countries, including the UK, to prevent double taxation of income. We can refer you to a tax advisor in Cyprus to answer any individual questions you may have.

The great thing about renting a property in Paralimni, Deryneia and the surrounding areas is that its very good value for money. A one-bedroom apartment in good condition in Deryneia or Paralimni can be found for approximately 130 CYP pounds per month. A two-bedroom apartment would cost around 200 CYP pounds per month. If you are waiting for your property to be built and wish to rent a property until your own property is ready, we will be happy to help you find suitable accommodation All you need to do is tell us what type of property you wish to rent and in which area.

Flying time from the UK to Cyprus is on average 4 1/2 hours.

A couple can live comfortably in Cyprus on approximately. GBP 7,000 per year.

Communal charges vary depending on what type of property you buy and basically include the maintenance costs of the communal areas of your property, e.g. the swimming pool, the roof gardens, the gardens etc.

It is advisable to form a will in any country you own assets. Inheritance tax has been abolished in Cyprus.

If you purchase a property in Cyprus and your visits are for less than 3 months at a time, you will not need a resident's permit.
If you have purchased property and stay for longer continuous periods, it's easy to apply for a resident's permit at the local immigration office in Paralimni.
Initially, a temporary resident's permit is issued that is valid for 2 years, after which a permanent permit is issued.
Such regulations are being relaxed progressively as Cyprus moves towards EU membership in 2004, and it is foreseeable that these regulations will be abolished altogether when Cyprus becomes an EU member in 2004.

Since joining the E.U., as with all member states including the UK, Cyprus is subject to E.U. community law providing for the free movement of capital and labour. As a matter of interest Cyprus has one of the lowest taxation regimes in Europe.

Cypriot banks lend up to around 70% to 80% of the value of your property after payment of a 20%- 30% deposit. We will be happy to accompany you to local banks in Cyprus where you can be advised of your options.

The Land Registry in Cyprus is based on the British system and safeguards the purchaser's rights in many ways. Above all, it provides a legal instrument called "specific performance".
Once the sales agreement is signed and a deposit of 30% paid, the contract can be deposited at the Land Registry to protect the purchaser's ownership rights until issuance and transfer of the title deeds into your name. This cannot be withdrawn by anyone and ensures no one but the purchaser can lease, sell, transfer, or mortgage the property.
If clients wish, a bank guarantee for issuance of the title deeds of your property can be provided, however the cost of this is borne by the purchaser.

We take all our clients on a tour of our previously built properties so you can see for yourself the quality of materials and the standard of workmanship we produce.
You are also free to talk with any previous clients you may bump into whilst visiting our projects. We also provide building specifications for all of our properties, which are, of course, included in your contract of sale.

You will need to open a bank account in Cyprus if you are buying a property here. This is to enable you to transfer your deposit and future instalments for your property, to receive any loans and, subsequently, to set up standing orders for utilities such as telephone, water and electricity.

When you need to purchase Cyprus pounds, we can refer you to a foreign exchange dealer, who is able to offer both preferential currency rates.

Yes, there are a number of reputable English schools for your children to attend.

Cyprus enjoys very high levels of public and private health care at extremely reasonable prices.
Doctors and staff at Famagusta General Hospital, as well as at numerous private clinics and dentists provide care in a wide range of medical specialities.
Most have trained and qualified in the UK and speak English. Private health insurance is available in Cyprus, if required.

Yes, it\'s very easy to bring your pets with you. 2-3 days prior to their departure from the UK, you will need to obtain a veterinary health certificate to be presented to the authorities here upon your pet\'s arrival in Cyprus. To make things easier, there is even a home quarantine procedure that allows you to keep your pet in quarantine in your own home with you, rather than in a separate shelter.