Retiring in Cyprus
Why Are People Retiring in Cyprus?
Key Information at a Glance
Retiring in Cyprus offers far more than beautiful beaches — it’s a chance to embrace a lifestyle defined by sunshine, comfort, and everyday ease. With English widely spoken, a favourable tax system, and a strong sense of safety, Cyprus has become a leading destination for those seeking a balanced and enjoyable Mediterranean retirement.
To make your planning easier, we’ve outlined the key information you need when considering a move to Cyprus. Explore the sections below for a clear overview of the essentials that matter most. For deeper guidance, our detailed articles and resources can help you understand each topic in full.
Immigration Options
Unless you’re an EU citizen, retiring in Cyprus requires the appropriate residency status. Most retirees begin with the financially based temporary residency permit, which generally requires stable annual income of around €24,000. Permanent residency can then be secured in three ways: after five years of continuous residence; through the non-working retiree route, which has longer processing times; or via the faster investment-based pathway, which requires purchasing property from €300,000 and demonstrating sufficient income.
Taxation
Cyprus offers one of Europe’s most advantageous tax systems for retirees. Foreign pension income may be taxed at a flat 5% rate after the first €3,420, and the country imposes no inheritance or wealth taxes. The non-dom regime also provides exemptions on certain types of foreign income for up to 17 years, adding an extra layer of flexibility for new residents. With an extensive network of double taxation treaties, retirees can manage global income with clarity and predictability.
Healthcare
Cyprus provides high-quality, affordable healthcare through both its public GESY system and a strong private sector. Foreign residents can access public healthcare depending on their residency category, while private insurance remains widely used due to its low cost and shorter waiting times. Specialist appointments and medical services are generally more affordable than in Western Europe or North America.
Cost of Living
Cyprus remains relatively affordable compared to many Western countries, offering good value for healthcare, everyday services, and much of daily life. However, rising demand — particularly in popular expat areas — has pushed prices upward in recent years, especially for housing and certain services. Even so, many retirees find they can maintain a comfortable lifestyle on a moderate budget, with costs varying noticeably between regions such as Paphos, Limassol, and Larnaca.
Lifestyle
Life in Cyprus centres around sunshine, outdoor living, and a welcoming local culture. With over 300 days of sun each year, coastal walks, fresh local produce, and slow-paced village life become part of daily routine. The island’s diverse communities — from international hubs to quiet seaside towns — make it easy to build connections and shape a lifestyle that feels both relaxed and fulfilling.
Popular Locations
Retirees tend to gravitate towards Paphos for its relaxed atmosphere and English-speaking community, Limassol for its vibrant urban life, and Larnaca for its balance of convenience and coast. Nicosia appeals to those seeking year-round activity, while the eastern towns of Protaras and Ayia Napa offer quieter beachfront living outside the summer season.
Retirement in Cyprus, Done Properly
Explore our services to help you confirm Cyprus is the right fit, plan your move with clarity, and settle in smoothly — with expert guidance every step of the way.
Option 1: Make Sure Cyprus Is the Right Fit - Before You Commit
Clarify the practical and emotional realities of life in Cyprus with expert guidance, tailored briefings, and hands-on support.
Fit Check Package
Structured country briefings plus 1:1 coaching to cover visas, taxes, healthcare, housing, and lifestyle fit. We’ll test your readiness — practical and emotional — so you can move forward without surprises.
Scouting Trip Planning
A purposeful visit designed to simulate real life abroad. From practical errands to meeting local contacts, you’ll see how your new life could look — before making the move.
Explore our pre-move services
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Option 2: Ready to Move? Let's Handle Every Detail, Start to Finish
We take care of the logistics — from visas to utilities — so you can focus on starting your new life without stress.
Relocation Management
Your single point of coordination for the entire process, covering immigration, tax, healthcare, housing, and more. We connect the dots, anticipate what’s next, and work with trusted local partners to keep your move on track.
Post-Move Support
Settle in smoothly with help on everything from healthcare and utilities to banking and local registrations. We’re there to answer questions and guide you through the details most people only discover too late.
Explore our relocation support
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