Expat Cyprus News

Latest 10 news items tagged Cyprus

27 Sep at 6 PM 2016

Expat buyers rush for properties in Cyprus

The Cypriot property market’s surprise recovery is being led by foreign buyers and is showing a significant increase in sales over the past months. Although interest from Cypriot buyers is still at an all-time low due to difficulties in getting loans, foreign buyers have stepped in and are behind a huge improvement in the island’s real estate market. Local estate agents believe the present time is the best for those investing in property, as prices are still comparatively stable and there’s a good choice of homes available....
22 Sep at 4 PM 2016

Totals of UK expat pensioners winter fuel payments slashed following crackdown

The recent crackdown on payment of winter fuel allowances to UK expat pensioners living overseas has resulted in the total cost of providing the benefit falling by two-thirds. The British government’s bill for winter fuel payments to pensioners living outside the UK has fallen dramatically since new rules for its entitlement were brought in. The winter of 2015/2016 saw just 42,015 pensioners resident in EU member states receiving the benefit, a striking contrast to the 2014/2015 payments to 137,845 expat retirees. Former work and...
14 Sep at 6 PM 2016

Expats in North Cyprus may get their evening entertainment back

Popular with tourists and a smaller number of expat residents than in the southern part of the island, North Cyprus was a desert last year as regards evening fun due to restrictions on visiting entertainers. Many Brits considering emigrating to Cyprus after their retirement kicks in may not even be aware that North Cyprus is also a residential option as well as a popular tourist destination. However, for several years, the number of expatriate entertainers working in local pubs and clubs has been severely curtailed due to difficulties...
13 Sep at 6 PM 2016

Post Brexit expats may need residency visas to live in Europe

According to the Home Office, Britons planning to emigrate to European Union member states may well need long-term residency visas. European countries are favourite destinations for British citizens wishing to retire overseas, with the EU freedom of movement laws allowing easy access. The Brexit vote takes away freedom of movement, potentially wrecking the plans of many thousands of UK state pensioners searching for a lower cost of living and warmer weather. Once Britain leaves the EU, freedom of movement will become a thing of...
8 Sep at 6 PM 2016

How to enjoy expat life by working fewer hours

Expat lifestyle surveys aren’t just about how much money is earned, where’s the surest destination for fast career advancement and what’s best for families, they’re also about spending as little time as possible in the office. Expat networking website InterNations’ latest survey is hitting the headlines by identifying the top relocation destinations for those wanting to work as few hours as is possible. Spending as little time as possible in the office allows more time to be spent enjoying your new country, even although the...
6 Sep at 6 PM 2016

Expats in Cyprus urged to make UK as well as Cypriot wills

Making a will is one task likely to be overlooked, as the disposal of assets after your demise it’s not a pleasant thought. However unappealing the thought of making a will may be, it’s a necessity if there are assets to distribute after your death. For expats living in Cyprus, it’s even more important, as Brexit may change many legal rules covering wills and inheritances. Although the status quo for expats won’t change until the moment when the UK finally leaves the EU, the present situation in which UK expats on Cyprus...
26 Aug at 6 PM 2016

Brit expats in Cyprus urged to register their residency

British expats living in Cyprus are being urged to register with the island’s Immigration Department in order to ensure the best chance of being able to stay after Britain leaves the EU. The advice is being offered to all British nationals living, working or owning businesses in Cyprus, pending an online information campaign being run locally to keep expats up to date with developments. The online notification site was started to keep worried expats in the loop as regards Brexit negotiations concerning expats’ status on the...
4 Aug at 6 PM 2016

Cyprus tax breaks lure expat property purchasers

Ever popular with British expats, Cyprus’s appeal isn’t just glorious weather, warm seas and great food, it’s capital gains tax breaks and other government incentives. The Cypriot government’s plans to attract even more Brits fleeing the UK’s oppressive tax regimes, endless rain and discontented population are centred around ways to make the most of expat savings and investments. Recent legislation allows foreign residents spending more than half a year or more on the island to become tax resident, thus avoiding the local...
3 Aug at 6 PM 2016

Survey reveals top ten countries with great weather

One of the main reasons for emigrating from colder northern climes is the weather, with decisions spurred on by visions of endless sunshine and luxuriously warm temperatures. The latest expat survey is bound to be of interest to those looking for the perfect outdoor life in the sun, as it identifies the top 10 countries offering the best of the world’s weather. Respondents numbered 14,000, and 195 countries were covered, as well as the relevance of great weather in the choice of destination. Unsurprisingly, 45 per cent of...
26 Jul at 6 PM 2016

Best locations for expats from entrepreneurs to retirees

A new survey has identified the best places for expats dependent on their reasons for emigrating. Expats leave their home countries for a variety of reasons, including the need to take their careers further, the wish to unleash their entrepreneurial spirit or a wish to find the most suitable place to retire. The one thing they all have in common is that they feel stuck and unfulfilled in their present situations, but finding the best place settle can be a challenge, even in these technological days. The survey analysed no fewer...