Globally more and more retirees are seriously looking offshore for a place where they can comfortably retire and where it feels like home. In Cyprus it is not only the first world lifestyle aspects, cheaper cost of living, and excellent quality of life that appeals, but there are several other social reasons why this county is garnishing favour with South Africans:
No language barrier: Cyprus is an ex-British colony, so everyone speaks English. In fact, with over 5000 South Africans there already you will already feel right at home.
Cyprus is a Christian country: There is no religious extremism or fanaticism. The predominant religion is Greek Orthodox with all other major denominations also represented. Easter and Christmas are a week-long celebration filled with traditional foods, religious activities, and church services.
Driving is on the same side of the road – the left! This is another advantage of being an ex-British colony; and makes it an easy integration.
Access to affordable, excellent healthcare and medical services: Cyprus is recognised throughout Europe for its excellent healthcare system that provides highly skilled medical practitioners, excellent hospitals, and value for money. Despite being a country with generally enviably high standards, it is the access to state-of-the-art medical centres, being able to be treated by highly trained doctors and specialists and the high level of care and treatment that play very much in Cyprus’s favour.
No inheritance tax! On your death, you can pass on your property to your children and/or grandchildren without having to pay the Cypriot government any inheritance tax. This is very advantageous for wealth and legacy planning.
It is a very safe country to live in: Cyprus has very few social problems where no-one lives below the poverty line, there are no car guards or beggars at the robots, and no shanty towns so hardened crime is not a reality. Cypriots have a strong moral compass and great sense of community, so everyone looks out for each other.
Living your life to the fullest! You will find that you spend more time outdoors in Cyprus because of the glorious weather, the plethora of activities available (bowls, tennis, golf, photography classes, cruises on The Med etc.) and the sense of freedom because of no crime. With Europe on your doorstep you will also be spoilt for choice on which city to visit next!
Deciding to retire in Cyprus is simpler than you think; and Cypriot Realty, a proudly South African company, has an impressive 13-year track record of assisting many South Africans in discovering what Cyprus has to offer.
A property investment in a new country is the achievement of a lifetime and an investment in the future for the next generation. What better place to do this than where the blue skies meet the Mediterranean Sea: on the beautiful island of Cyprus?!