Now retired and a permanent resident in Cyprus for the past eight years. The good and bad points if you are considering living/retiring to Cyprus. Good points. Very low taxation, I only paid forty-seven euros in tax this year. All bank account interest, repeat interest, in Cyprus is taxed at source at ten percent, goes to pay for the National Guard. You also have to declare also any UK savings, equally taxed at ten percent. But still works out less than the UK. Usual weekly shopping is some forty percent cheaper than the UK if you buy the fresh local products. Very expensive if like some out here that cannot or wont cook and buy imported UK frozen food. Roughly spend 300 euros a week on shopping, for two people, including wine and beer. Beer from a Supermarket chain, 95 cents a small can. Wine can be had for less than three euros a litre bottle. Petrol costs just over the euro a litre. Less than a 100 euros a year road tax. MOT every two years and only costs 35 euro. Car insurance, fully comp with a British company, 370 euro. If you apply to the UK Inland Revenue and get yourself declared by the UK taxman as non-Resident in the UK, your UK private pensions are paid out here free of UK tax. If you are a permanent resident here and over 60, you get free medical and prescriptions. No free bus passes. No free eye test or glasses. Sunshine nine months of the year. Only need central heating on for a couple of months. Air-conditioning the same. Much lower utility bills than the UK. Hot water supplied free most of the time from the Solar Panels that heat a tank on the roof. Cyprus is in many ways like the UK in the 1960s. If you come to live here you need to be very self-reliant. Many of the younger ones who come out here, many who have never been out of the UK before, fall flat on their faces because there isnt anybody to do something about it when things go wrong, and usually return to the UK within six months. Cyprus is not a Nanny-state. At the moment if you receive the UK Winter Heating Allowance, you can still receive it in Cyprus, it does get cold here as well. I believe other payments such as Disability/Mobility allowances are also payable when out her. Low crime rates, drive on the Left hand side of the road. You can get SKY TV with a Dish larger than 2.7 metres, Broadband now available across the island but still more expensive than the UK. The Bad Points. The property market is dire. Most of the conveyancing lawyers are in league with the property developers and do not work in their clients interests. If you buy a property here do not, under any circumstances buy without title deeds. That is title deeds delivered when you have paid in full for the property. Far too many Brits have fallen into the property trap and are now stuck with a property they cannot sell, no title deeds, or leave to the children; they dont actually own the property, no title deeds. Many alas now face eviction as developers have deliberately put themselves into voluntary liquidation and the banks foreclose on hundreds of thousands of properties for which the full value had already been paid for in the first place. So be warned, No title Deeds Equals No Deal. Best to buy a re-sale property with title deeds from another ex-pat. You can then do the deal using your UK solicitors, although a solicitor is not necessary as all you need to do to change ownership is to attend the Land Registry with the appropriate money and change the names on the title deeds. You can also pay for it in Pounds Sterling, saving on the exchange rate. Best to rent, from another Brit until you find a property with title deeds. Or rent permanently, again from another Brit, so many very good places to rent from as little as 300 euros a month for an apartment. Cheap public transport (buses) is only just becoming available across the island, so a car is essential to get around. So choose a place to live that isnt too far from the shops. Also choose an area that is already built-up otherwise you may find yourself suddenly living in the middle of a vast housing estate with no views at all. Also live near other Brits, that way you can get help without language problems. Forget the romantic notion of living amongst the locals they will drive you mad with their noise and their living habits; many live like gypsies, keeping chickens and rabbits in their front gardens. Cyprus is not very disabled-friendly. Getting about on a mobility scooter is virtually impossible due to the cars numerous parked on the pavements. Few establishments make any provision for wheelchair access. Things to Consider. Many mature couples come to Cyprus and then leave because of domestic affairs back in the UK. Daughters need their mothers when having babys or with marriage troubles. Grandmothers, now in Cyprus, miss the grandchildren and want to return to the UK. The grandfather may be perfectly happy in Cyprus but gets forced back to the UK. Before cutting your ties with the UK a couple need to have a serious talk on how to handle situation back in the UK. Many didnt and came to grief. Otherwise Cyprus is a wonderful place to retire too.