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Cyprus residency
Posted: Tue 02 May 2023 10:03 am
by Reyntj
€50000 income now to be resident in Cyprus plus more for dependants ..
If you have wife and three kids it's €950000.....
https://www.financialmirror.com/2023/05 ... -retirees/
Puts the hurdles here into perspective also will mean more russians etc heading here
Re: Cyprus residency
Posted: Tue 02 May 2023 11:53 am
by Mowgli597
That’s South Cyprus
Re: Cyprus residency
Posted: Tue 02 May 2023 1:13 pm
by Reyntj
I clearly implied that...
"Puts the hurdles here into perspective also will mean more russians etc heading here*...
Re: Cyprus residency
Posted: Tue 02 May 2023 1:45 pm
by laptatony
But this permanent residency not sure if they have a temporary residency as well?
Re: Cyprus residency
Posted: Tue 02 May 2023 2:28 pm
by Reyntj
It's the same thing as far as I understand from when I researched it before
Re: Cyprus residency
Posted: Tue 02 May 2023 2:59 pm
by steveodp
The article mentions their temporary residency at the end - potentially going up to €37,000 per year
Re: Cyprus residency
Posted: Tue 02 May 2023 3:19 pm
by laptatony
Re: Cyprus residency
Posted: Tue 02 May 2023 8:44 pm
by Groucho
The really mad thing is - next they'll be moaning that these extra wealthy retirees THEY'VE determined are those that they desire to settle in the south will push-up property values thereby pricing-out young (Greek) Cypriots!
Does nobody do impact analysis on legislative change?
Don't bother answering that.... we all know the answer...
Re: Cyprus residency
Posted: Tue 02 May 2023 10:17 pm
by wanderer
Re: Cyprus residency
Posted: Wed 03 May 2023 11:03 am
by Groucho
You and your partner must have a combined income of at least £18,600 a year.... not quite the same is it?
Re: Cyprus residency
Posted: Wed 03 May 2023 7:49 pm
by frugal90