Peter
@Peter Ty
English looking for information about Cyprus
Forum posts
46
About me
English
Speaks English
Registration: 16 August 2024
Occupation
I am Procurement Manager for Public Sector
Education
Salford University, Greater Manchester, England
Bachelor of Science (BSc), Environmental Science
1977
My expat journey
Cyprus
Dundee, Scotland, Scotland
Activity
Passport renewal by evansclive
Hi, Great to have somewhere to go and get some genuine help.Thank you for the warm welcome msg.Does anyone know anything about or used theMyBritishPassport' online agency to renew their British passport while in Cyprus .?They seem very ...
If you're applying for a British passport, all they need is proof of your UK citizenship, e.g. a birth certificate or expired passport; they don't care where you're currently resident or even whether you have dual nationality. Read More
UK bank account & Cyprus tax residency by 19kevin
Hi,Does anybody know which UK banks, if any, will not close the current account if you change from a UK tax resident to a Cyprus tax resident?Thanks in advance for any help.Kevin
@19kevin Technically not a bank, it's a building society, but I know that Nationwide will allow you to keep your current account - I specifically asked them, and they confirmed it. Read More
Moving to Cyprus by karenselsea
Can anyone tell me what would be the fist steps in planning a permanent move to Cyprus. Immigration application or securing accommodation? Can you start the immigration process from the UK?
@karenselsea I would say get your accommodation sorted first - because one of the main requirements for immigration is that you have a permanent address in Cyprus, either a purchased property or rented on a long-term lease of at least 12 months. But ... Read More
Cyprus long-term resident status after five years by dvb123
Cyprus long-term resident status after five yearsCyprus long-term resident status after five yearsBy Marios KonstantinouUpdated: February 20, 2024Long-term resident status in Cyprus and throughout the EU is granted to promote stability and ...
Yes, the Greek says the same: "Tax Returns for the last 5 years and Certificate of settlement of any tax liabilities." Read More
Revolut Account by stevebillo1
Can anyone tell me if I can keep my Revolut account that was opened in the UK if I move to Cyprus, I have seen some reports that say I can, and others say I would have to close the UK Rev account and then open a new one in Cyprus?Cheers
@Toon Yes, I was aware that HSBC allow this (although I understand that they might try to persuade you to switch to an "offshore" account - but the income and/or savings requirements for that are quite high!)Nationwide have also informed me that ... Read More
Revolut Account by stevebillo1
Can anyone tell me if I can keep my Revolut account that was opened in the UK if I move to Cyprus, I have seen some reports that say I can, and others say I would have to close the UK Rev account and then open a new one in Cyprus?Cheers
@stevebillo1 Yes, if/when you become tax resident in Cyprus then you should change your account; the European Revolut bank (registered in Lithuania) is a separate legal "entity" from the UK registered bank. Having said that, it is a fact that many ... Read More
Update--Paphos time!! We've started the process to move to Tala by londondoc
We spent some time in Paphos in February this year. In the main, it was fabulous - mesmeric, in fact. As I wrote earlier, unfortunately at the time, we got in to the clutches of an overzealous realtor and that blotted the copybook somewhat. But as ...
@telf Yep, that's a good rate, I'm currently being offered 1.1912 from Wise or 1.1889 from Revolut. Read More
Update--Paphos time!! We've started the process to move to Tala by londondoc
We spent some time in Paphos in February this year. In the main, it was fabulous - mesmeric, in fact. As I wrote earlier, unfortunately at the time, we got in to the clutches of an overzealous realtor and that blotted the copybook somewhat. But as ...
If you don't already, it might be worth subscribing to the Tala community newsletter to keep up with what's on in Tala and Paphos:https://follow.it/mail/newspaper/iIUwQX … ZMehmtHS8- Read More
Uk and Cyprus tax advisor by Neptune3
Hello.Does anybody have a recommendation for a tax advisor who is knowledgeable about both the UK and Cyprus tax systems?It would be good to have one person who can help us convert from UK to Cyprus tax systems for our pensions and also help on tax ...
@Neptune3 Sam Orgill at ProAct Partnershiphttps://proactpartnership.com/. Read More
Cyprus tax plans by telf
Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...
@Gordon76 There is a difference between "habitual" residence (where you normally live) and tax residence, they're not necessarily the same! While you can visit the UK for up to 90 days without becoming resident for immigration purposes, the rules ... Read More
Cyprus tax plans by telf
Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...
@Drambuie Nationwide also let you keep an account.And if Halifax do, then presumably (but not necessarily!) Bank of Scotland would too, since they're part of the same group. Read More
Cyprus tax plans by telf
Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...
In addition to all the points made by Toon, also bear in mind:1. If you tell your UK bank (or they find out) that you are Cyprus tax-resident, they may require you to close the account. Some do, some don't; check their terms and conditions! 2. Even ... Read More
Investment and moving to Cyprus by RW60
I am in the process of planning to retire to Cyprus in 3 years time. I have just returned from a fact finding trip and generally feel comfortable with most aspects of the move and besides which I have 3 years to get to fine tune and get to grips ...
There seems to be a lot of confusion about this! All "government" pensions, e.g. civil service, local government, NHS, Armed Forces, etc. will be liable to UK tax, but the State Pension, despite its name, is technically NOT a pension, it's a social ... Read More
Investment and moving to Cyprus by RW60
I am in the process of planning to retire to Cyprus in 3 years time. I have just returned from a fact finding trip and generally feel comfortable with most aspects of the move and besides which I have 3 years to get to fine tune and get to grips ...
@timhuntington As Toon says, if you're resident in Cyprus for more than 183 days per year (as presumably you are since you say that you spend "the majority" of the year in Cyprus) then you should automatically be Cyprus tax-resident.You would still ... Read More
Private Health Insurance by susangoldsworthy5
HI allWe will need to have health insurance, any recommendations please?As always thanking you in advance.
Status Insurance:Offices on Tombs of the Kings Road, opposite Kings Avenue Mall: +357 26 930317or in Peyia: +357 26 041317. Read More