Why More and More People Choose Cyprus

Cyprus combines warm sunshine, European quality of life and a friendly atmosphere.
Tens of thousands of foreigners live here — from IT specialists to entrepreneurs.
Thanks to convenient laws, it’s easy to settle and start a new life on the island.

• More than 300 sunny days a year and crystal-clear sea.
• Simple residence permit process and transparent rules for foreigners.
• Safety, high-quality healthcare and international schools.
• A wide range of housing — from seaside apartments to mountain villas.

Life in Cyprus in 2025

Life on the island is calm and balanced. Most newcomers note
that after moving, stress levels drop and quality of life improves.
The main thing is to choose the right city for your lifestyle.

Limassol

A modern business hub and the leader in infrastructure.
Here you’ll find international companies, IT offices, restaurants and promenades.
Perfect for active living and work. Apartment rental — from €1,200 per month,
purchase — from €250,000 for one bedroom.

Larnaca

A coastal city with a renewed promenade and new port.
Developing fast but still affordable.
A great choice for a relaxed lifestyle and investments.
Rental — from €800, purchase — from €180,000.

Paphos

A quiet, green and atmospheric town.
Many families and freelancers choose Paphos for its nature and slow rhythm.
Ideal for living and short-term rentals.
Property prices — from €160,000, rent — from €700 per month.

Nicosia

The capital and business heart of Cyprus.
There is no sea here, but there are universities, offices and stable jobs.
Good for those moving for career opportunities.
Rent — from €700, purchase — from €150,000.

Taxes and Benefits for New Residents

The Cypriot tax system is considered one of the most attractive in Europe.
It’s especially beneficial to obtain non-dom (non-domiciled tax status).

• Income up to €19,500 per year is tax-free.
• No tax on dividends and interest for non-dom residents.
• No inheritance tax or capital gains tax (under certain conditions).
• Contribution to the medical system (GeSY) — 2.65% of income.

Thanks to these conditions, Cyprus has become a popular destination
for business relocation, freelancers and international investors.

Cost of Living in Cyprus

The cost of living on the island is comfortable and predictable.
Most families can live well on €2,000–2,500 per month.
This covers housing, groceries, transport and entertainment.

• Apartment rent: €800–1,500 depending on the city.
• Utilities: €120–180 per month.
• Groceries and dining: €400–600 per month for two.
• Car or public transport: €100–200 per month.

How to Choose the Right Property

Your choice depends on your relocation goals.
If you plan to live permanently — focus on comfort and nearby infrastructure.
If you’re investing — look at rental potential and liquidity.

• For living: apartment by the sea or a house with a garden, close to shops and schools.
• For investment: compact 1–2-bedroom apartments near the center or coastline.
• For freelancers: housing with an office space, fast internet and parking.

On average, new developments start at around €3,000 per m² in Limassol and €2,000
in Larnaca. On the resale market, prices can be lower — but it’s important to check
all ownership documents.

How to Organize Your Move

Relocating to Cyprus is a smooth process if done step by step.
The main thing is to prepare documents in advance and choose the right residence
permit type.

• Define your purpose: work, investment, study or living without employment.
• Find housing — ownership or rental is required for residency.
• Open a bank account and confirm your income.
• Submit your residency application to the Migration Department.
• Receive your residence card (usually within 2–3 months).

Conclusion

Cyprus is not just a holiday destination — it’s a comfortable country for living
and investing. Here you’ll find mild weather, low taxes and clear rules for foreigners.
If you’re considering moving to Europe in 2025, Cyprus is one of the best options
to combine sea, safety and financial stability.