Cyprus News - Emigrate UK

This is the category page for all Cyprus news here on emigrate.co.uk, where you can view all the Cyprus emigration news.

European Commission hits out at risky golden visas and passports

European Commission hits out at risky golden visas and passports
The European Commission has come out against Golden Passports, saying the programmes put the EU at risk from money laundering and organised crime. The EU’s warning is part of the executive’s initial report on the multi-billion dollar industry providing ‘investment migration’ to ultra-wealthy would-be expat individuals eager to get...

Chaos in Cyprus expat community follows rejection of May’s Brexit deal

Chaos in Cyprus expat community follows rejection of May’s Brexit deal
British expats in Cyprus are facing more uncertainty since May’s agreement tanked. As a no-deal Brexit looms, British expats living in Cyprus face a seemingly never-ending world of uncertainty. According to the British High Commission for the island, expats’ situations will depend on future developments, adding it could not give any...

Wealthier expats should compare tax perks in popular retirement destinations

Wealthier expats should compare tax perks in popular retirement destinations
For several decades, sunny Portugal has been a refuge for British expat pensioners looking to enjoy their leisurely lives in a warm climate offering welcome tax exemptions for wealthier incomers. The capital, Lisbon, along with the Algarve region and Porto are still all-time favourites for those wishing to become tax residents....

Social insurance in Cyprus for newly-arrived UK expats

Social insurance in Cyprus for newly-arrived UK expats
British expats could forgive themselves for being confused about Cyprus’s compulsory social insurance system. The Republic of Cyprus operates a compulsory social insurance scheme into which all working adults must pay, but it’s seen as confusing by many newly–arrived British expatriates. Basically, payments depend on earnings, with...

British expat retirees in Cyprus confused by pension payment options

British expat retirees in Cyprus confused by pension payment options
British expats who’ve made their new lives in Cyprus are unable to relax due to continuing Brexit uncertainty. Cyprus has always been a favourite with British expatriates, perhaps due to the years when it was a British possession. Their worst nightmare is that no-deal will really mean no-deal some time in the very near future, and...

Cyprus pledges residency rights for British expats

Cyprus pledges residency rights for British expats
As time runs out and a no-deal Brexit looms, the Cyprus government has decided British expats who’ve been living on the island for five years by December 31, 2020 will be given residency rights which include their family members. The Cypriot Interior Ministry’s announcement came as a huge relief for worried British expats on the...

Expats in Cyprus targeted by unlicensed and unregulated IFAs

Expats in Cyprus targeted by unlicensed and unregulated IFAs
In spite of endless warnings by media and authorities alike, expatriates living in Cyprus are still falling foul of unregistered, unregulated independent financial advisors. The majority of UK expats living in Cyprus are retirees or owners of small businesses, all of whom may well be looking to invest their pension pots and savings to get...

Combining expat entrepreneurship with low tax rates

Combining expat entrepreneurship with low tax rates
Deciding to start your own business is scary enough, but deciding to become an entrepreneur in another country is only for the brave! Becoming a self-employed expatriate may well be the toughest move you’ve ever made, but the internet age is all about taking chances and making your dreams come true, no matter where you’re living at...

Cyprus still a retirement haven despite fall in sterling

Cyprus still a retirement haven despite fall in sterling
The Mediterranean island of Cyprus has long been a favourite with British expats, especially those looking for a sunny retirement haven with a reasonable cost of living and certain tax advantages. Even now, buying a home in Cyprus is still far cheaper than a comparable property in the UK, but the tax issue has become slightly more...

Expats in Cyprus in shock over government savings grab

Expats in Cyprus in shock over government savings grab
Tens of thousands of expats, members of the British Armed Forces, second home owners and those in the process of migrating to Cyprus are in shock following the announcement of a tax grab on their savings. As part of the agreement on an EU bailout package for the troubled island, the Cypriot government agreed to levy a tax on all private bank...