10 Excellent Reasons to Settle in Cyprus

Thanks to its climatic and lifestyle advantages, Northern Cyprus has been on many people’s radar in recent years. It offers plenty of reasons for those looking to settle and move here. In this article, we will present 10 excellent reasons to settle in Cyprus and discuss the many advantages of the TRNC.

1- Low Cost of Living

Although Cyprus is an island nation, it is a Mediterranean country capable of agricultural production. For this reason, the prices of food products that are not imported are quite low. It is safe to say that the cost of living in the TRNC is quite low, which is the first thing people researching a move to Cyprus look into. When it comes to food prices, vegetables, fruits, meat, and dairy products are generally very affordable.

As of 2021, the minimum wage is set at 4,400 TL gross. In the TRNC, a family of two adults earning the minimum wage can comfortably support themselves along with two children.

2- A Warm and Hospitable Culture

Due to its status as a Mediterranean country and having hosted numerous civilizations throughout history, the culture in the TRNC is highly hospitable. Surrounded by seas, possessing ports, and hosting millions of tourists each year, Cypriots are helpful toward people of all cultures.

Culture is a very important criterion for people who want to live in a different country but are hesitant to do so. We can say that those wishing to settle in Cyprus will be able to build many friendships here.

3- Low Crime Rate and Safe

Just as it is one of the top topics researched by those wishing to migrate to a different country, the first question on the minds of those wanting to move to Cyprus is, “Is Cyprus safe?”

Although the rising tensions in 1974 pitted Turks and Greeks against each other, today everyone on the island lives in peace. Cyprus is a very safe Mediterranean country with a very low crime rate. Criminal offenses, particularly theft, are extremely rare. In fact, you’ll notice that shop owners and neighbors often go about their daily lives without locking their doors. For those looking to settle in Cyprus, one of the greatest advantages of the TRNC is that it is a safe country.

4- Residence Permit for Property Buyers

Today, in many parts of the world, a real estate investment of at least £250,000 or $200,000 grants the right to a residence permit. However, while the residence permit for homebuyers in Cyprus may seem to offer a similar advantage to these countries, it actually makes it easier to obtain a residence permit with a much lower investment.

For those wishing to settle in Cyprus, purchasing a property worth 125,000 € grants permanent residency. For more information on residency and citizenship, visit this page: Cyprus Citizenship

5- Obtaining a Work Permit Is Not Difficult

This is one of the top concerns for those wishing to settle in Cyprus: work and job opportunities in Cyprus. Various investments made in recent years have brought entirely new job opportunities to the TRNC. You don’t need to come to Cyprus to find a job suited to your experience and obtain a work permit.

You need to select the job postings in Cyprus that suit you and contact the companies. The company you’ll be working for and that has accepted you will handle the work permit process for you. All that’s left is for you to come here and obtain your work permit. It’s worth noting that the work permit you receive is issued specifically for that company. If you’re planning to move to Cyprus and then work for a different company after obtaining your work permit, this is generally not possible. Therefore, be sure to apply for a job that suits you and evaluate your work permit application accordingly.

For more information, you can visit the pages “How to Obtain a Work Permit in Cyprus” or “Everything You Want to Know About the Cyprus Work Permit.”

You can also establish your own business by setting up a company in Cyprus.

6-No Traffic, Stress, or Noise

Especially for those living in crowded cities, the biggest dream is to live in a place that is a bit more peaceful and stress-free. The city noise and crowds we are exposed to during the day increase our anxiety levels and threaten our health.

Northern Cyprus, visited by over 1 million tourists annually, has a population of 350,000. Northern Cyprus, known for its peaceful lifestyle and clean environment, is also free from traffic stress. Those looking to settle in Cyprus can expect a life free from chaos and full of health.

7- Both Peaceful and Lively

Cyprus offers a structure that allows you to lead a peaceful life when you want to, and an active life when you desire.

In addition to its peaceful lifestyle amidst its stunning nature and unique beaches, the TRNC also stands out for its quiet cities that hold the "Cittaslow" designation.

If you don’t enjoy tranquility or feel bored, you can opt for the times when the nightlife and entertainment are vibrant in Kyrenia or Famagusta.

In conclusion, in Cyprus, you can live however you want and live life on your own terms.

8- Tax Incentives for Investors

Northern Cyprus, which has placed significant emphasis on development policies in recent years, offers incentives to investors across various sectors, regardless of whether they are local or foreign. Thanks to these incentives, which also cover collaborations with local companies, you can generate profits quickly by investing in Cyprus.

9- Cyprus Home Prices

The Cyprus real estate sector, which has particularly attracted the interest of real estate investors in recent years, is frequently chosen for its home prices and variety of properties.

Home prices in Cyprus are quite advantageous compared to many other countries. Especially if you’re planning to settle in Cyprus and are considering selling your current home to move here, you can purchase a more beautiful and seaside home here. Rental prices are just as reasonable as home prices and will certainly satisfy you.

10- Mild Climate and Clean Environment

With over 300 sunny days a year, Northern Cyprus offers significant advantages for those seeking to live in a healthy climate. The fact that the sunny season lasts between 9 and 10 months and the average sea water temperature hovers around 21 degrees Celsius is also significant from a health perspective.

Those concerned about their health and wishing to move to Cyprus are relocating to the TRNC solely for these climatic and environmental reasons. Those wishing to settle in Cyprus are quite fortunate, given both its climatic conditions and environmental factors.

Are You Considering Moving to Cyprus?

If you are a married couple or a family with children, the TRNC offers significant advantages in terms of both quality of life and other benefits. If you’d like, you can also check out our article on the benefits of moving to Northern Cyprus for married couples.

In addition to all this, if you are nearing retirement or have already qualified for retirement, Cyprus also brings many advantages for you. First and foremost, the TRNC is an indispensable destination for retirees due to its healthy climate and was recently recognized by Forbes Magazine.

If you’re considering settling in Cyprus and wish to simplify your residency process by purchasing a home, please feel free to contact us. For any questions you may have about life in Cyprus, as well as property options and other matters, please contact us immediately via the contact button at the bottom of the page.