Cyprus is a wealthy nations, due largely to its financial services and generous tax rates. According to the World Bank, Cyprus has a GDP of US$ 19.8 billion as of 2016, with a current growth rate of 3.5%. This works out at US$ 23,320 per capita. As of July 2017, Cyprus was experiencing deflation, as inflation was at -0.7%.
Sections in FINANCIAL CONSIDERATIONS IN CYPRUS:
» Money Transfers for Expats in Cyprus
» Foreign Exchange for Expats in Cyprus
» Banking for Expats in Cyprus
» Pensions for Expats in Cyprus
» Investment for Expats in Cyprus
» Wealth Management for Expats in Cyprus
» Property Investment for Expats in Cyprus
» Insurance for Expats in Cyprus
If you are considering moving to Cyprus or are soon to depart, you can find helpful information and advice in the Expat Briefing dedicated Cypriot section including details of immigration and visas, Cypriot forums, Cypriot event listings and service providers in Cyprus.
From your safety to shopping, living in Cyprus can yield great benefits as well as occasional drawbacks. Find your feet and stay abreast of the latest developments affecting expats in Cyprus with relevant news and up-to-date information.
Working in Cyprus can be rewarding as well as stressful, if you don't plan ahead and fulfill any legal requirements. Find out about visas and passports, owning and operating a company in Cyprus, and general Cypriot culture of the labour market.