If you have never considered retirement, why not? For retirees, the country is an attractive opportunity in many ways. In addition to the sunshine throughout the year, Cyprus also has all the basic conditions for retirement: excellent health care, relatively low cost of living, comfortable lifestyle, many interesting activities-perhaps the most important for you-retirement-tax rate . Too low for retirees.
Maybe you are only a few years away from retirement and start planning your future. If you are still active, retirement in Cyprus may be the beginning of your new life. When you retire in Cyprus, you can enjoy the happiness of a new life and beautiful Mediterranean islands, and you can rest assured knowing that all the necessary things in life have been taken care of except for the sun.
Medical services in Cyprus
Another thing that may affect your decision to retire is your level of healthcare, which is an important priority regardless of your age. The standard of public and private medical institutions in Cyprus is very high because the Republic of Cyprus is a member of the European Union, and pensioners in other EU countries are entitled to free or reduced health care in the public sector. Retirees must obtain Form E121 from the Ministry of Labour and Pensions in their country of origin and the United Kingdom (see contact details above). After arriving in Cyprus, you need to take the E121 to the health center or government hospital that will issue you a medical card. There are two types of health cards, one is free medical care and the other is low-cost medical care. The type of card you receive depends on your annual income (including your pension) and personal circumstances. More information is available on the website of the Ministry of Health of Cyprus.
Cost of living in Cyprus
If you plan to retire, the cost of living is another important factor. Although prices have increased in recent years, they are still relatively low, especially when compared to other popular pension facilities. Fresh local fruits and vegetables can be bought cheaply during the season. Dining at a local bar averages about 16 Euros per person, including wine.
Leisure and golf activities in Cyprus
If you want to do something in all these free time, Cyprus will provide countless entertainment activities to keep you busy and active. In winter, hike and bike on the picturesque nature trails on the picturesque Akamas Peninsula, ride horses in the Troodos Mountains and engage in various water sports or skiing. These are just a few options for enjoying the wonderful outdoor lifestyle in Cyprus. There is also a lot of golf-a hobby that Cyprus retirees like very much. For those who love the game, Cyprus actually has three championship golf courses near Paphos and one golf course near Limassol. The Cyprus Tourism Organization is committed to building 14 golf courses on the island in the next few years, and several famous golfers such as Gary Player and Jack Nicklaus borrowed their Name to develop the golf course. The final training course is in a building outside Larnaca, Tersifano village, and is scheduled to be completed in 2010.
Cyprus residence permit
Therefore, if you are sure that Cyprus is a suitable place for your retirement, all you need to know now is how to apply for a residence permit. If you are an EU citizen or a citizen of any other country including the United States, Canada and Australia, you can stay in Cyprus for a maximum of 90 days, excluding citizens of any other country (eligible countries are provided on the Ministry of Foreign Affairs website Complete list). Cyprus). You must apply for an immigration permit (Category F) through the Immigration and Regional Immigration Bureau or the Immigration Bureau of the local police station. Every major city has a department. You must submit an application (using the M.67 form) and prove that you have enough annual income to support you. The current minimum limit is 5,600 Cypriot pesos (approximately £7,600 / 9,600 euros), although its benefits are considered in each case. The amount is per person, and each dependant needs to pay an additional 2700 Cypriot pesos (3700 GBP / approximately 4600 Euro). The residence permit is valid for five years and is usually automatically renewed upon request.