Retiring abroad in the sun within a relaxed environment is becoming a more attractive prospect for people to retire these days. Recent surveys suggest that up to 25% of retirees are considering moving aboard.

* When you take into consideration direct and indirect taxation
* High and ever increasing council taxes
* The high cost of living
* Fuel costs
* Many retirees experience difficulties in meeting their financial requirements
* Not to mention the weather!
* Traffic on the roads
* Cold wet winters
* Locking yourself in to your home through the winter

The ever increasing crime rate in the UK and other EU countries is also a concern for many who are approaching retirement and possibly feeling a little more vulnerable in their own homes these days.

Cyprus is an ideal place to retire.

In Cyprus where there is still a very strong and respected family culture, parents readily accept responsibility for their children’s behaviour, contributing and resulting to the very low crime rate

Taxation

By purchasing a property and living in Cyprus (for at least 6 months and a day) as your official residence you are able to enjoy the many tax benefits available.
For example, only 5% tax payable over the first £2000 on your pension
This alone could make a big difference.