UPDATE: Cyprus has closed its citizenship by investment program as of 1 November 2020, eliminating the option to obtain a Cypriot passport through investment. However, a new program called the Cyprus Golden Visa now offers an alternative pathway to permanent residency in Cyprus. For those seeking European citizenship, the Malta citizenship program provides a direct investment route to obtaining a Maltese passport.

Best Cities to Live in Cyprus: A Guide to Cyprus' Top Living Destinations

Cyprus, often referred to as the Jewel of the Mediterranean, has emerged as a highly sought-after destination for individuals seeking to relocate. This enchanting island offers an array of compelling reasons to consider it as a new home. From its awe-inspiring coastal beauty and tantalizing cuisine to its remarkable architectural wonders and fascinating historical heritage, Cyprus effortlessly captivates those who dream of residing in this idyllic paradise.

Location of Cyprus: Exploring the Geographical Position of Cyprus

Nestled between Greece and Turkey, Cyprus has emerged as a sought-after destination for expatriates and retirees alike.

Since joining the European Union in 2004, Cyprus has experienced remarkable advancements in its infrastructure and economic well-being, attracting a significant influx of migrant families.

Choosing the perfect place to settle in Cyprus can be a daunting task, as every corner of this picturesque island holds its unique allure.

If you are considering making Cyprus your home, you might want to explore Cyprus citizenship by investment scheme. This program offers a fast-track path to citizenship in exchange for a qualifying investment in the country.

Division of Cyprus: An Overview of the Country's Divided Status

Cyprus comprises six district cities, each offering its own unique charm and attractions:

• Nicosia: As the capital of Cyprus, Nicosia is a bustling city with a rich history and vibrant atmosphere. Explore the old city walls, visit the fascinating Cyprus Museum, or indulge in the lively café and restaurant scene.
• Limassol: Situated on the southern coast, Limassol is known for its stunning beaches and vibrant nightlife. Enjoy the cosmopolitan ambiance, shop in modern boutiques, or soak up the sun at one of the luxurious beach resorts.
• Larnaca: Larnaca is a coastal city with a laid-back Mediterranean vibe. Discover its beautiful palm-fringed promenade, explore the historic Larnaca Castle, or take a dip in the crystal-clear waters of Finikoudes Beach.
• Paphos: Located on the southwestern coast, Paphos is a UNESCO World Heritage site renowned for its archaeological treasures. Marvel at the intricate mosaics of the House of Dionysus, explore the Tombs of the Kings, or simply unwind on the idyllic beaches.
• Famagusta: Nestled on the eastern coast, Famagusta boasts a fascinating blend of ancient ruins and modern life. Wander through the historic walled city, visit the impressive Lala Mustafa Pasha Mosque, or relax on the pristine sands of Golden Beach.
• Kyrenia: Located in the northern part of Cyprus, Kyrenia is a picturesque harbor town with a rich maritime history. Admire the iconic Kyrenia Castle, stroll along the charming waterfront, or take a boat trip to discover the beauty of the surrounding coastline.

These district cities collectively showcase the diverse beauty and cultural heritage of Cyprus, offering something for every visitor to enjoy.

Living in Paphos: Discover the Benefits of Residing in Paphos, Cyprus

Paphos, the best city to live in Cyprus for seven consecutive years, offers a remarkable lifestyle and numerous advantages to its residents. Located on the coast of the Mediterranean Sea, this city is known for its rich history, vibrant culture, and thriving expat community. With modern infrastructure, attractive real estate prices, favorable tax schemes, low crime rates, and a family-friendly environment, Paphos has become a sought-after destination for both locals and foreigners.

A Modern City with Timeless Architecture

Paphos has undergone extensive refurbishment, with approximately €30 million invested in the city's development. As a result, Paphos now boasts a modernized cityscape with beautiful, timeless architecture. The blend of traditional Cypriot charm and contemporary infrastructure creates a unique and visually appealing environment for residents and visitors alike.

Spectacular Location by the Mediterranean Coast

One of the major draws of living in Paphos is its breathtaking location. Situated along the coast of the Mediterranean Sea, Paphos offers endless opportunities to enjoy spectacular views, serene beaches, and a mild climate. Residents can relish in the robust summers, where they can indulge in various water activities, or simply unwind by the seaside. The tranquil ambiance and natural beauty of the area make Paphos a true paradise for nature lovers.

Affordable Real Estate Prices

Paphos presents an enticing real estate market, offering affordable prices compared to other major cities. For the price of a flat in central London, you can easily purchase a spacious five-bedroom mansion with a pool overlooking the sea. The availability of diverse housing options, ranging from modern apartments to luxurious villas, ensures that individuals with different preferences and budgets can find their ideal home in Paphos.

Low Cost of Living and Rentals

Apart from affordable real estate prices, the cost of living in Paphos is generally lower compared to many European cities. Groceries, dining out, and transportation costs are reasonable, allowing residents to enjoy a comfortable lifestyle without breaking the bank. Furthermore, rentals in Paphos are also on the lower side, with an average monthly cost ranging from €450 to €600. This affordability factor makes Paphos an attractive choice for individuals seeking a high standard of living at a lower cost.

Favorable Tax Scheme for Expats

Paphos, like the rest of Cyprus, offers a favorable tax scheme for expatriates. Expats can benefit from low tax rates, including the opportunity to pay little to no tax on certain types of income. This advantage makes Paphos an appealing destination for individuals looking to optimize their financial situation while enjoying the perks of a vibrant coastal city.

Exceptional Safety and Low Crime Rates

Cyprus, as a whole, is considered a safe country, and Paphos stands out for its exceptionally low crime rates. Compared to the capital city of Nicosia, Paphos offers a safer and more secure living environment. Residents can feel at ease, knowing that the city has a strong emphasis on security and a well-functioning law enforcement system. The overall safety of the area contributes to a sense of peace and tranquility, further enhancing the quality of life in Paphos.

A Welcoming and Family-Friendly Environment

Paphos prides itself on its warm and welcoming atmosphere. The local community is generally open and friendly towards expatriates, making it easier for newcomers to integrate into the city's social fabric. Paphos is also considered a family-friendly city, offering a range of educational and recreational facilities for children. With quality schools, parks, and family-oriented activities, parents can ensure a fulfilling and nurturing upbringing for their children in Paphos.

Conclusion

Living in Paphos, Cyprus provides residents with a remarkable lifestyle enriched by its stunning coastal location, modern infrastructure, and attractive real estate prices. The city's low tax scheme, low crime rates, and family-friendly environment further contribute to its desirability. Whether you are seeking a peaceful retirement destination, a vibrant place to raise a family, or a serene coastal retreat, Paphos offers an exceptional living experience with numerous benefits to explore and enjoy.

Living in Limassol: Experience the Vibrant Lifestyle of Limassol, Cyprus

Limassol, the business capital of Cyprus, is a city that offers a vibrant and exciting lifestyle for residents. With its thriving business environment, diverse cultural experiences, and beautiful surroundings, Limassol has become a top choice for expats looking to start a business, invest, or seek solid job opportunities. In this article, we will explore the various aspects that make living in Limassol truly exceptional.

Thriving Business Environment:

Limassol is widely recognized as the second-best city to live in Cyprus, primarily due to its robust business scene. If you are an entrepreneur or seeking business opportunities, Limassol provides a conducive environment for growth and success. The city is home to numerous multinational companies, financial institutions, and thriving start-ups. With its strategic location and well-developed infrastructure, Limassol offers excellent networking opportunities and access to international markets.

Cultural Immersion:

Limassol stands out as a city brimming with action, adventure, and discovery. It boasts the largest number of small villages in Cyprus, making it an ideal place for immersing oneself in Cypriot culture. The city hosts various cultural festivals, art exhibitions, and traditional events throughout the year, allowing residents to experience the rich heritage and traditions of Cyprus. From exploring ancient archaeological sites to indulging in local cuisine, living in Limassol offers a truly immersive cultural experience.

Entertainment and Leisure:

Known as the entertainment capital of Cyprus, Limassol ensures that residents are never bored. The city offers a myriad of entertainment options to suit all interests and preferences. From bustling nightlife with vibrant bars and clubs to high-end restaurants and cozy cafes, there is always something to do and explore. Additionally, Limassol is home to a rich collection of historical and architectural treasures, including medieval castles, ancient ruins, and well-preserved landmarks that tell the story of the city's past.

Healthcare and Education:

Limassol boasts an excellent healthcare system, ensuring residents have access to quality medical care. The city is home to modern hospitals, clinics, and medical centers equipped with state-of-the-art facilities. Additionally, Limassol offers a wide range of schooling options, including international schools and reputable educational institutions. Families relocating to Limassol can rest assured that their children will have access to quality education in a nurturing and multicultural environment.

Affordable Cost of Living:

While expenses in Limassol may be slightly higher compared to some other cities in Cyprus, it remains relatively affordable compared to many European cities. The cost of living in Limassol is balanced with the excellent quality of life it offers. Residents can enjoy affordable housing options, a variety of dining choices, and reasonably priced everyday essentials. Moreover, the city's reliable public transportation system makes commuting convenient and cost-effective.

Conclusion:

Living in Limassol offers a vibrant and fulfilling lifestyle with its thriving business environment, rich cultural experiences, and abundance of leisure activities. Whether you are an entrepreneur, a professional seeking employment opportunities, or a family looking for a place to settle, Limassol provides a welcoming and exciting environment. From its lively entertainment scene to its excellent healthcare and education options, this city has everything you need to create a balanced and fulfilling life. Experience the vibrant lifestyle of Limassol, Cyprus, and discover the many wonders this remarkable city has to offer.

Living in Nicosia: The Capital City's Appeal for Residents in Cyprus

Nicosia, the capital city of Cyprus, holds a prominent position as one of the best cities to live in the country and is often recognized as one of the top twenty cities to reside in Europe. While it may not boast as many beaches or unique structures as some other cities, Nicosia offers a distinctive appeal with its fusion of culture, history, and a vibrant blend of city and village life. This article explores the reasons why Nicosia remains an attractive destination for residents.

Easy Travel and Connections

Nicosia stands out among all cities in Cyprus for its excellent transport and connection systems. Located strategically at the midpoint of Africa, Europe, and Asia, the city offers unparalleled convenience for travelers with its easy access to international airports and shipping ports. Hundreds of direct flights operate daily, connecting Nicosia to destinations across three continents. This accessibility makes Nicosia an ideal choice for individuals considering property investments, particularly for those interested in establishing holiday rental accommodations.

Smooth Relocation Process

For EU citizens, relocating to Nicosia comes with a smooth transition. Eligibility to live, study, work, and establish businesses in the city is granted without significant hurdles. The seamless integration within the EU framework provides an added advantage for those seeking to establish a new life in Nicosia. Even for non-EU citizens, the relocation process is relatively straightforward, with fewer complications compared to many other major EU countries.

Favorable Tax Regime

Nicosia offers one of the most attractive corporate income tax regimes in Cyprus. With a competitive tax rate of approximately 12% for expatriates, the city presents an appealing option for professionals and entrepreneurs looking to establish businesses or relocate their companies. This rate is notably lower compared to the tax rates found in many other EU nations, which often exceed 12%. The favorable tax environment in Nicosia makes it an appealing destination for those seeking financial benefits and a conducive business environment.

Cultural and Historical Riches

Nicosia is a treasure trove of cultural and historical wonders. The city is home to several museums, art galleries, and archaeological sites that offer a glimpse into Cyprus's rich heritage. From the Cyprus Museum, showcasing the island's ancient past, to the Ledra Museum Observatory, providing panoramic views of the city, residents of Nicosia can immerse themselves in the country's rich cultural tapestry. The city's old town, encircled by medieval walls, is a UNESCO World Heritage Site, providing an enchanting atmosphere that seamlessly blends the old and the new.

Educational Hub

Nicosia serves as a hub for education in Cyprus, boasting reputable universities and educational institutions. The city is home to the University of Cyprus, offering a wide range of undergraduate and postgraduate programs across various fields of study. Additionally, Nicosia hosts a diverse community of international students, fostering a vibrant and multicultural environment. For families seeking quality education for their children, Nicosia provides a range of international schools with excellent academic standards.

Cultural Diversity and Social Life

Despite its reputation for not being as welcoming towards tourists, Nicosia offers a unique blend of cultural diversity and a lively social scene. The city is home to people from various backgrounds, creating a multicultural environment that celebrates diversity. Residents can explore a vibrant dining scene, with restaurants offering a wide array of cuisines, ranging from traditional Cypriot delicacies to international flavors. Nicosia also hosts numerous festivals, events, and performances, catering to different tastes and interests, ensuring there is always something exciting happening in the city.

Conclusion

Living in Nicosia, the capital city of Cyprus, presents an array of advantages and attractions for residents. From its strategic location facilitating easy travel and connections to its favorable tax regime, Nicosia offers a unique blend of convenience and financial benefits. The city's rich cultural and historical heritage, combined with its status as an educational hub, further enhances its appeal. Despite some initial reservations about the locals' friendliness, Nicosia's multicultural environment and vibrant social scene make it an exciting and enriching place to call home.

Living in Larnaca: Enjoying the Relaxed Coastal Living in Larnaca, Cyprus

Larnaca, the wine capital of Cyprus and the fourth-best city to live in, offers a delightful coastal living experience that combines Mediterranean charm, a vibrant culinary scene, and numerous benefits for residents. From retirees seeking an idyllic destination to those looking for an affordable yet fulfilling lifestyle, Larnaca presents a range of advantages that make it an enticing place to call home.

Retirement Goldmine:

Larnaca has emerged as a sought-after destination for retirees since the introduction of the retirement visa in 2007. This program, designed specifically for wealthy non-EU citizens (EU citizens generally do not require visas), has attracted individuals seeking a peaceful and enjoyable retirement. Retirees in Larnaca benefit from excellent healthcare facilities, low-income tax rates, and pensions that are not subjected to withholding tax. These favorable conditions provide retirees with the peace of mind and financial security they desire during their golden years.

Duty-Free Imports:

One of the significant perks of living in Larnaca is the duty-free importation of personal belongings, including vehicles and pets. This policy allows residents to bring their cherished possessions to Cyprus without incurring hefty import taxes. Whether it's a beloved car or a furry companion, you can seamlessly relocate to Larnaca without the burden of excessive import fees, making the transition smoother and more convenient.

Vibrant Culinary Scene:

Larnaca is renowned for offering the best food in Cyprus, making it a haven for gastronomy enthusiasts. With a diverse range of restaurants, taverns, and cafes, the city boasts a captivating culinary scene that showcases authentic Mediterranean Cypriot cuisine. Indulge in delectable dishes featuring locally sourced ingredients, including fresh seafood, aromatic herbs, and flavorful olive oil. From traditional meze platters to mouthwatering seafood specialties, Larnaca satisfies every palate and provides an unforgettable dining experience.

Relaxed Coastal Living:

Nestled along the pristine shores of the Mediterranean Sea, Larnaca offers a relaxed coastal living experience that captivates residents and visitors alike. Enjoy long walks along the golden sandy beaches, bask in the warm Mediterranean sun, or take a refreshing dip in the crystal-clear waters. Larnaca also boasts a picturesque promenade, known as Finikoudes, lined with palm trees and a variety of cafes and restaurants. Residents can revel in the tranquil coastal atmosphere, savoring the breathtaking views and the gentle sea breeze that permeates the city.

Affordability and Manageable Expenses:

Compared to other cities in Cyprus, Larnaca stands out for its low cost of living, making it an attractive choice for individuals seeking financial stability without compromising their quality of life. The average monthly rent for a house in Larnaca is a mere €300, offering affordable housing options for residents. Additionally, daily expenses such as groceries, transportation, and leisure activities are generally more affordable than in other cities, allowing individuals to enjoy a comfortable lifestyle without straining their budget.

Conclusion:

Living in Larnaca, Cyprus presents a multitude of benefits for individuals seeking a relaxed coastal living experience. From retirees looking for an idyllic retirement destination to those in search of an affordable yet fulfilling lifestyle, Larnaca offers a harmonious blend of advantages. With its retirement goldmine, duty-free imports, vibrant culinary scene, and manageable expenses, Larnaca provides residents with a high quality of life in a picturesque coastal setting. Embrace the charms of Larnaca and savor the delights of this enchanting city on the beautiful island of Cyprus.

Famagusta: Exploring the Historical and Cultural Gems of Famagusta, Cyprus

Nestled on the eastern coast of Cyprus, Famagusta stands out as a captivating city, boasting a rich historical and cultural heritage. Known as the marine capital of Cyprus, this bustling city attracts a significant number of tourists year-round due to its well-preserved historical wall structures and the captivating remnants of its past. Additionally, Famagusta serves as the economic hub of Cyprus, making it an ideal destination for business ventures and investment opportunities. This article delves into the various facets that make Famagusta a remarkable city to explore and reside in.

Historical Significance and Cultural Treasures

Famagusta's historical significance is evident in its architectural marvels and cultural treasures. Enclosed by imposing medieval walls, the city exudes an air of antiquity and grandeur. These well-preserved fortifications date back to the 15th century and offer visitors a glimpse into Famagusta's storied past. Venturing through the ancient city gates, such as the renowned Othello's Gate and the Sea Gate, one can traverse narrow streets adorned with historical landmarks, including churches, mosques, and traditional Cypriot houses.

Within the city walls, visitors can explore the remarkable Lala Mustafa Pasha Mosque, originally built as the Cathedral of Saint Nicholas during the medieval period. Its intricate Gothic architecture and stunning interior make it a must-visit destination for history and art enthusiasts alike. Moreover, the Church of St. George of the Greeks and the Church of St. Peter and Paul are notable examples of religious architecture that highlight Famagusta's multicultural heritage.

Economic Hub and Investment Potential

Famagusta's prominence as the economic hub of Cyprus contributes to its appeal as an ideal location for business ventures and investment opportunities. With a thriving commercial sector, the city offers a range of economic benefits and prospects for wealth creation. Entrepreneurs and investors seeking to establish their presence in Cyprus can leverage the strategic advantages provided by Famagusta's well-connected infrastructure, large-scale industrial production, and access to a diverse talent pool.

Furthermore, the presence of the esteemed Eastern Mediterranean University within the city's boundaries adds another layer of significance to Famagusta's economic landscape. Renowned as the best university in Cyprus, it attracts a multitude of students from around the world. The university's commitment to excellence in education and research has not only raised the bar for academic standards but has also contributed to lowering unemployment rates and fostering economic growth in the region.

Exceptional Healthcare Facilities

Famagusta boasts a world-class healthcare system, offering exceptional medical services to residents and visitors alike. The city is home to three top-ranking hospitals in Cyprus, renowned for their advanced facilities, state-of-the-art equipment, and highly skilled medical professionals. These healthcare institutions provide comprehensive care across various specialties, ensuring the well-being and peace of mind of the city's inhabitants.

The emphasis on healthcare in Famagusta reflects Cyprus's commitment to delivering high-quality medical services. The hospitals' reputation extends beyond the country's borders, garnering international recognition for their excellence in patient care and medical advancements. Whether it is routine check-ups, specialized treatments, or emergency services, Famagusta's healthcare facilities cater to the diverse needs of its residents, making it a favorable city for those prioritizing quality healthcare.

Conclusion

Famagusta stands as a captivating destination that seamlessly combines its historical treasures, economic opportunities, and excellent healthcare facilities. From its awe-inspiring medieval walls and architectural wonders to its position as Cyprus's economic hub and the presence of a prestigious university, the city offers a diverse range of experiences and prospects. Whether you are a history enthusiast, an aspiring entrepreneur, or an individual seeking top-notch healthcare, Famagusta promises an enriching and fulfilling experience. Embark on a journey to explore the historical and cultural gems of Famagusta, Cyprus, and discover the allure of this remarkable city.

Kyrenia: Discovering the Serene Beauty and Charm of Kyrenia, Cyprus

Nestled on the northern coast of Cyprus, Kyrenia stands as a hidden gem waiting to be explored. While it may not be the top choice for expats seeking a new home, this captivating city offers a unique blend of history, natural beauty, and cultural richness. Although it bears a heavy Turkish influence, being a part of EU Cyprus, Kyrenia presents an intriguing juxtaposition of traditions that adds to its allure.

Cultural Riches and Historical Treasures

Kyrenia's rich heritage is evident in its abundance of attractions. As home to the largest seaport in Cyprus, this city has witnessed centuries of maritime history unfold along its shores. The remnants of its past come alive through the impressive castles, museums, and ancient walls that encircle the city. Kyrenia Castle, with its imposing structure overlooking the harbor, beckons visitors to explore its fascinating exhibits and learn about the city's maritime legacy. St. Hilarion Castle, perched atop a rocky hillside, offers breathtaking panoramic views of the surrounding landscape, evoking a sense of wonder and awe.

A Haven for Tourism and Social Life

Kyrenia has earned a reputation as a magnet for tourists, attracting visitors from near and far with its picturesque landscapes and vibrant social scene. The city boasts idyllic beaches, inviting azure waters, and a stunning coastline that beckons sun-seekers and water enthusiasts alike. The charming harbor, lined with quaint cafes and restaurants, creates an inviting atmosphere for leisurely strolls and waterfront dining. The streets of Kyrenia come alive with bustling markets, lively festivals, and cultural events, providing ample opportunities to immerse oneself in the vibrant local culture.

Economic Significance and Contribution

While Kyrenia's economic structure may not be as robust as some of the other cities in Cyprus, it still plays a significant role in contributing to the overall economy of the island. The city's strategic location as a major seaport and its thriving tourism industry bring in a steady stream of revenue. This economic vitality helps sustain local businesses and employment opportunities, supporting the livelihoods of the city's residents.

Lifestyle Considerations and Settlement

Kyrenia shines as an ideal destination for holidaymakers and young millennials seeking adventure and exploration. However, it may not offer the same range of amenities and comforts that retirees or families may seek for permanent settlement. The city's design caters more to the needs and preferences of travelers, with a focus on tourism and a vibrant social life. Therefore, individuals considering Kyrenia as a long-term home should carefully evaluate their lifestyle preferences and assess if the city can meet their needs.

Choosing the Right City in Cyprus

Selecting the perfect city to call home in Cyprus demands thoughtful consideration and planning. It is crucial not to rush into such a decision and instead weigh various factors, including lifestyle preferences, budget, and long-term goals. While Kyrenia may not be the most popular choice for expats, its serene beauty, rich history, and cultural charm make it a destination worth exploring, whether as a tourist or a resident seeking a unique experience.

Conclusion

Kyrenia, Cyprus, with its alluring blend of history, natural beauty, and cultural richness, offers a captivating journey for those who venture to its shores. From its ancient castles and museums to its vibrant social scene and picturesque coastline, the city beckons travelers to unravel its mysteries and immerse themselves in its serene ambiance. While it may not be the ideal choice for permanent settlement for everyone, Kyrenia's unique character and charm make it a destination that should not be overlooked when considering the beauty of Cyprus.

Americans Living in Cyprus: An Insight into the American Community in Cyprus

Cyprus offers a plethora of advantages for individuals considering relocation, and its thriving expat community, particularly among Americans, is a notable highlight. The presence of a substantial international community eases the transition and facilitates a quick settlement for American expats. Moreover, for those aspiring to establish a new life in Cyprus, the Cyprus Residency by Investment Scheme presents an appealing option.

Under this scheme, American individuals and their immediate family members can obtain residency permits in less than two months by making a property investment of €350,000. This opportunity not only grants legal residence in Cyprus but also provides the freedom to travel within the European Union. By capitalizing on this program, American expats can enjoy the benefits of living in Cyprus while simultaneously exploring the diverse countries and cultures within the European Union.

FAQ

Which cities in Cyprus are considered the best?

Paphos, Limassol, Nicosia, Larnaca, Famagusta, and Kyrenia stand out as some of the most highly regarded cities in Cyprus.

What factors attract individuals to relocate to Cyprus?

The allure of favorable weather, low crime rates, advantageous tax policies, and affordable living expenses make Cyprus an attractive destination for people seeking a new place to call home.

Is Cyprus known for being expensive?

Compared to other European countries, Cyprus boasts relatively affordable living costs, making it an appealing option for individuals looking to manage their expenses effectively.

Why is Cyprus often recommended as a retirement destination?

Cyprus offers several advantages for retirees, including affordable living expenses, pleasant weather, and a reputation for safety. Additionally, English is widely spoken throughout the country, making it easier for English-speaking retirees to adapt and communicate comfortably.