Many people near the age of retirement are looking for sunny and affordable places to pass their life. The island of Cyprus which is the third largest in the Mediterranean Sea can be the right place to settle and live.

Cyprus is quite a small island with fascinating mythological history, beautiful views and friendly locals. It is known by many as “The Island of Aphrodite” and has also been described as a paradise for many people who wish to retire due to its lack of inheritance tax, favorable in pensions, affordable prices, well tax benefits, low cost of living, high standards of living. Moreover, the quality of life is exceptionally good because expatriate retirees in Cyprus can enjoy the best of both Cypriot culture and their country culture. Also there is an extensive support network for expatriates moving to the country or those living there for part of the year. Further, the combination of Mediterranean climate (Cyprus enjoys a warm climate throughout the year) the clean environment and low crime rates make Cyprus one of the most attractive choices for retirement home when compared to other countries.

The position of Cyprus has been underlined as a modern republic that welcomes people of all nationalities. Undoubtedly, Cyprus is really accessible since you have imminent move into the EU because it has great air links (there are two international airports) to all destinations within Europe, the UK and the region. There are also many cheap charter flights throughout the year. All these make it easier to travel back home whenever you want to.

It is important to note that Cyprus Island accessed EU in 2004 and jointed the Euro on 1st January 2008. This has resulted in improved infrastructure, communications and facilities.

As it can be seen Cyprus provides the foreigners with many benefits which make the island the most popular for retirement home destination in Mediterranean.

However, buying a home abroad is a major decision and one that should not be taken lightly. It is vital importance to ensure that you have researched all aspects thoroughly and you have obtained legal advice and guidance tailored to your particular situation.

We hope all the above will help you to decide whether Cyprus is the place you are looking for.

Law Cyprus –  http://www.lawcyprus.org/