What does emigration to Cyprus really cost?
What does emigration to Cyprus really cost?
The costs of emigrating to Cyprus in summary!
More and more German-speaking families, entrepreneurs and free spirits are deciding to make a new start under the Cyprus sun. But what does it really cost?
MFRadio.de in cooperation with Mission Freedom Ltd, who have been helping German-speaking emigrants with their mission emigration for 4 years, have summarized the most important cost factors in a structured way based on many years of experience and an up-to-date analysis.
1. Moving costs: From suitcases to containers
The move is as individual as the person himself. Some come with two suitcases, others ship containers.
- DHL parcels: approx. 30–50 € per item (cheap, but longer in time)
- Pallet shipping: several hundred euros
- Container (with furniture/vehicle): several thousand euros
- Vehicle shipping: also a few thousand euros
Many consciously reduce their household in Germany, sell or give away many things and start in Cyprus freely. A pragmatic and cost-effective approach!
2. Rental prices in Cyprus: Large range, fair conditions
Cyprus is tenant-friendly: 80% of all apartments are rented furnished, the broker is paid by the landlord.
- 1-bedroom apartment (modern): approx. 700–900 €/month
- 3-room apartment: approx. 1,200–1,300 € (high-quality also 2,000+)
- Luxurious apartment: up to 2,500 € Villa
- with pool: 1,500–4,000 € depending on location, age & equipment
Important: If you want to take advantage of the NonDom tax advantage, you should not rent an "implausibly cheap" apartment. At least €600–700 rent is recommended to be recognised for tax purposes.
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<<<Legally secure emigrate to Cyprus and buy or rent
real estate3. Additional costs: Transparent & calculable
- Water: 10–15 €/month
- Internet (fiber optic): 30–35 €/month
- Electricity (small apartment): 100–150 €/month
- Electricity (house/villa): 300–800 € every 2 months (with intensive climate use)
- House fee/garbage/elevator/garden: approx. 30–50 €/month
- Pool maintenance: 80–100 € incl. chemicals
- Cleaner/gardener: 7–8 € per hour
4. Mobility: Car almost indispensable
Having your own vehicle is almost mandatory in Cyprus, unless you live in city centres such as Larnaca, Paphos or Limassol.
- Rental car for the start-up phase: approx. 400–500 €/month
- Buying a used car: recommended over imported vehicles
- Import vehicles: frequently manipulated (speedometer, previous damage), high risks
5. Cost of living: value for money top
- restaurant (2 persons): 40–50 € for a good dinner without alcohol
- Tavern/souvlaki: from 20 €
- Fast food/takeaway: often less than €10Supermarkets
- (e.g. Lidl): sometimes more expensive than Germany, as many imports Parking
- fees: €2.50–€3 in city centres for several hours
- Warning for parking: approx. €86
. Tax advantages: The gold of Cyprus
- NonDom status: 17 years tax-free on dividends, capital gains
- Income tax allowance: €19,500/year
- Corporate income tax (company): 12.5 %
- Health tax: 2.65% on profit distributions
- Dividend tax: 0% for NonDoms
Cyprus offers long-term stability. Unlike in Portugal or the UK, the tax advantages are not limited to a few years.
Conclusion:
Cyprus is not a cheap location like Bali or Thailand, but it is attractive, stable and predictable compared to other European countries. Whether you are an entrepreneur or a family – those who plan solidly can count on a fair cost of living, a high quality of life and enormous tax advantages.
MFRadio.de in cooperation with Mission Freedom Ltd will be happy to accompany you on this path - with experience, contacts and real practical knowledge.
Here is the radio script text from our radio report summarized:
Welcome to a new episode of "Mission Emigrate" – presented by MFRadio.de in cooperation with Mission Freedom Ltd, who have been assisting German-speaking expats in Cyprus for 4 years and will help you with all the important details.
Today we start with part 1 of our series: What does the restart in Cyprus really cost?
And we start with two big topics: moving and housing.
And we start with two big topics: moving and housing.
🏠 Moving – from suitcases to containers
A move to Cyprus can be very lean or quite extensive – it depends entirely on your lifestyle.
- If you start minimalist, you come with two suitcases.
- Others send their favorite items via DHL parcels – which costs between 30 and 50 euros per package.
- For larger households, a pallet is recommended - here the costs are several hundred euros.
- And if you want to take your entire home with you, you need a container – that can run into the thousands.
- A vehicle can also be shipped – also for a few thousand euros.
👉 Many in Germany are radically cutting back, selling furniture, donating clothes – and starting their new life in Cyprus liberated.
🛏️ Living in Cyprus – renting instead of buying
If you are new to Cyprus, you should not buy right away. Renting is standard in Cyprus – and with many advantages:
- almost 80% of the apartments are rented furnished.
- You usually only need your personal things.
- brokerages? It's not for you! This is paid by the landlord.
How much does an apartment cost?
- Small apartment (1 bedroom): from approx. 700–900 euros
- 3-room apartment: from 1,200 euros – open to the top
- Villa with pool: 1,500 to 4,000 euros – depending on equipment and location
💡 Important for all those with a NonDom tax model:
Please do not rent anything "implausibly cheap". The tax office might have doubts about the center of your life. It should be at least 600-700 euros per month.
Please do not rent anything "implausibly cheap". The tax office might have doubts about the center of your life. It should be at least 600-700 euros per month.
🎤 Moderator (conclusion):
In the next part, we'll continue with utilities, cars & everyday life in Cyprus – stay tuned, subscribe MFRadio.de or listen to our media library.
In the next part, we'll continue with utilities, cars & everyday life in Cyprus – stay tuned, subscribe MFRadio.de or listen to our media library.
Welcome back to "Mission Emigration" – your series part 2 on MFRadio.de in cooperation with Mission Freedom Ltd, who have been helping German-speaking expatriates to settle in Cyprus for 4 years.
Today, we're going to look at monthly utilities, mobility, and everyday living costs.
💡 Ancillary costs – fair & clear
There are no big surprises in Cyprus when it comes to housing. Here is a realistic overview:
- Water: approx. 10 to 15 euros per month
- Internet (mostly fibre optics): approx. 30 to 35 euros
- Electricity for an apartment: approx. 100 to 150 euros
- Electricity for a house: can be up to 300–800 euros, depending on the use of air conditioning
- House fees, garbage, elevator, etc.: approx. 30 to 50 euros
- Pool maintenance: around 80 to 100 euros per month
In addition, there may be a cleaner or a gardener, who are really cheap in Cyprus – about 7 to 8 euros an hour.
🚗 Mobility – It's difficult without a car
A car is almost indispensable in Cyprus. Public transport is limited, especially outside the cities.
- Rental car for starters: about 400 to 500 euros per month
- buy a car? Definitely – but beware: Stay away from imported vehicles from the UK or Japan! There is often trickery.
- Used cars locally are the better choice – MFRadio & Mission Freedom are happy to give tips.
🍽️ Cost of living – enjoyable & affordable
How much does it cost to live on the island?
- Restaurant visit for two people: 40 to 50 euros – without alcohol
- Tavern or take-away: from 8 to 20 euros
- Parking in the city: often only 2 to 3 euros for several hours
- Supermarkets: a bit more expensive than in Germany – a lot is imported
- Services: Top! Cheap and reliable – cleaning, gardeners, craftsmen
Overall, Cyprus is not a cheap country – but the price-performance ratio is right. You live Mediterranean, flexible and with a high quality of life.
Welcome to part 3 of "Mission Emigration" – on MFRadio.de in cooperation with Mission Freedom Ltd, who have been helping German-speaking emigrants to realize their dream in Cyprus for 4 years.
Today we are talking about one of the most important topics for entrepreneurs, investors and the self-employed:
👉 taxes in Cyprus.
👉 taxes in Cyprus.
💼 Cyprus' tax location advantage – solid, long-term, attractive
Cyprus is not only sunny, but also extremely interesting from a tax point of view – especially with the so-called NonDom status.
What does that mean in concrete terms?
- 17 years of tax exemption on capital gains & dividends
- 0% tax on profit distributions
- 12.5% corporate tax on corporate profits – one of the lowest in Europe
- 2.65% health tax on dividends – and that's it!
- 19,500 euros of income per year tax-free – above that, a moderate, progressive rate begins
💬 This means that those who plan cleverly pay less than 15% total burden on their company profits and distributions – legally, permanently, transparently.
🧾 What do you need for this?
- A clean structure (e.g. Cyprus Limited)
- A residence with reasonable rental costs (at least €600–700/month)
- Proof of your centre of life on the island (car, mobile phone contract, doctor's visits, etc.)
- Support from professionals – MFRadio.de & Mission Freedom Ltd will help you step by step
🔐 Best of all,
Cyprus offers legal certainty. Unlike Portugal, the UK or Spain, there are no short-term changes in the law or ongoing restrictions.
The NonDom status is officially confirmed by the tax office for 17 years – in black and white!
Cyprus offers legal certainty. Unlike Portugal, the UK or Spain, there are no short-term changes in the law or ongoing restrictions.
The NonDom status is officially confirmed by the tax office for 17 years – in black and white!
🎤 (Conclusion):
Do you want to get off to a tax start, save money and still stay in Europe? Then Cyprus is a place of first choice.
Book your free consultation now on mission-freedom.eu – and start your personal "mission to emigrate".
That was part 3 – and thus the conclusion of our series.
All episodes can be listened to in the media library on MFRadio.de!
All episodes can be listened to in the media library on MFRadio.de!
Author: MF_Redaktion
Sources: Consumer Statistics / Life_Guard / Mission-Freedom.eu
