Table of Contents
Is Cyprus a bad place to live?
Generally speaking, Cyprus is a safe country with a low crime rate and a high safety rate. There is currently a heightened terrorist threat in much of Europe, including Cyprus, with tourist spots being potential targets. However, there is no need to panic but just to remain vigilant.
Is Cyprus good to live in?
It is Very Safe to Live in Cyprus If you want to live in a beautiful, safe place with an extremely low crime rate, Cyprus is the place to go. The country enjoys one of the lowest incidents of crime anywhere in Europe, and it has become a very popular expat destination for both professionals and young families.
Why you should live in Cyprus?
Cyprus is certainly not perfect, but it is an exotic little island, offering the stability of being inside the EU, good networking opportunities, low tax pressure and amazing weather for all the sun seeking entrepreneurs out there. Moreover, the crime rate is very low, and it’s one of the safest countries in the world.
Is living in Cyprus expensive?
As a whole, the cost of living in Cyprus is comparable to European countries such as Poland, Hungary and Romania. Limassol is generally regarded to be the most expensive city on the island, ranking 166th out of 209 cities worldwide assessed for the 2020 Mercer Cost of Living Survey.
Is Cyprus better than UK?
The United Kingdom with a GDP of $2.9T ranked the 5th largest economy in the world, while Cyprus ranked 109th with $25B….Gross Domestic Product & Income.
Stat | Cyprus | United Kingdom |
---|---|---|
GDP growth, 5-years average | 2.8\% | 2.1\% |
Population | 1.1M | 66M |
GDP per capita | $28k | $43k |
GDP per capita growth | 2.75\% | 0.73\% |
Is it safe to live in Cyprus?
While Cyprus is considered safe in general, Paphos is exceptionally safe, with lower crime rates than the capital, Nicosia. The locals are generally welcoming of expats and it’s considered a family-friendly city. Limassol is the business capital of Cyprus and is considered the second-best town to live in.
Is North Cyprus a good place to retire to?
The cost of living in the North is significantly lower. If you want a great value-for-money retirement destination in a beautiful Mediterranean setting, then North Cyprus can be a perfect choice. The Forbes ranked North Cyprus as the top destination for the best beachfront buys 2021.
What is it like to live in Limassol?
Living In Nicosia – the good and not so good things about living in the Cyprus capital. Limassol, a city on the southern coast of Cyprus, has a very modern, cosmopolitan feel to it. It is a loved destination by expats from all over the world.
Is Larnaca a good place to live in Cyprus?
Compared to the other three cities mentioned above, Larnaca is very cheap and the expenses are manageable. The average monthly rent for a house is only €300. Famagusta is another good city to live in Cyprus. Considered the marine capital of Cyprus, Famagusta ranks as the fifth-best place to live purely because it is such a busy city.