Are you looking to spend your golden years somewhere warm and sunny? Cyprus, an island in the Eastern Mediterranean, has long been a favoured destination for retirees for its pleasant climate, low cost of living and high quality of life. Cyprus offers an idyllic setting for those looking to spend their golden years in comfort and tranquillity. Here’s why Cyprus is an excellent choice for retirees.
Perfect climate
A mock-up of a new bungalow in Kyrenia, Cyprus
If you’ve ever been to Cyprus, I’m sure you’ll agree they get the best of both worlds when it comes to the weather. In typical Mediterranean style, the island enjoys over 300 days of sunshine per year, with mild winters and hot summers[1]. The pleasant climate allows retirees to enjoy outdoor activities all year round, from leisurely walks along the promenade to exploring the island’s many historical sites.
Low cost of living
In recent studies by Expatistan, Property Guides and Numbeo, Cyprus was revealed as a more affordable place to live than the UK, France and the USA. Housing, groceries and dining out are generally more affordable, allowing retirees to enjoy a comfortable lifestyle without breaking the bank. Additionally, Cyprus offers a favourable tax regime for retirees, including exemptions on foreign pensions.
High-quality healthcare
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As you get older, you may need more frequent access to healthcare facilities and you want peace of mind that the service you’ll receive will be up to scratch. Luckily, Cyprus does not disappoint. What’s even better is life expectancy in Cyprus is way above the EU average at 81.7 years. The island boasts a high standard of healthcare, with modern facilities and well-trained medical professionals. Both public and private healthcare options are available and many doctors speak English, making it easier for expatriates to receive the care they need.
Easy access to Europe
Could you call Protaras, Famagusta home?
Cyprus’s strategic location in the Eastern Mediterranean provides easy access to other European destinations. This makes it convenient for retirees who wish to travel and explore other parts of Europe during their retirement. Regular flights connect Cyprus to major European cities, making travel both easy and affordable.
Rich heritage & lifestyle
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Cyprus is steeped in history and culture, offering retirees a chance to immerse themselves in a vibrant and diverse environment. The island’s blend of Greek and Turkish influences creates a unique cultural tapestry. Retirees can explore ancient ruins, enjoy traditional Cypriot cuisine, and participate in local festivals. The friendly and welcoming nature of the Cypriot people also helps expatriates feel at home.
Could you retire to Cyprus?
With its perfect climate, affordable cost of living, high-quality healthcare, rich cultural heritage, and safe environment, Cyprus stands out as an ideal retirement destination. Whether you’re looking to relax on the beach, explore historical sites, or enjoy a vibrant community life, Cyprus has something to offer every retiree.
For more guidance on Cyprus, download the Cyprus Buying Guide today.
Currency Zone
For guidance on managing your exposure to the ever-changing currency markets, head to our Currency Zone. We partner with Smart Currency Exchange, an FCA-authorised currency specialist. Choosing to work with a currency specialist rather than your high-street bank will enable you to benefit from their competitive exchange rates and specialist currency knowledge. For more information, head to our Currency Zone.
Written by PropertyGuides for Rightmove