Tax breaks for new immigrants.
#1
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Tax breaks for new immigrants.
I am currently living in Portugal and new immigrants here get a 10 year tax break where I am exempt from tax.
Does Cyprus have something similar?
Does Cyprus have something similar?
#2
Re: Tax breaks for new immigrants.
Here in Cyprus the tax threshold is at the moment €19,500-00 per annum, if you have income up to that amount there is NO TAX to pay. There is no 10 year tax break here.
#3
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Re: Tax breaks for new immigrants.
Thanks Major. That is a very high threshold and I am not even close to that.
#4
Re: Tax breaks for new immigrants.
Yes it is high and we live well on the state pension. We rent a two bed apartment. The rents are also low here. It is a good life. Glad to be of help.
#5
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Re: Tax breaks for new immigrants.
We also are looking to rent in Pathos. Could you tell me what the rent is for a 2 bed flat near the city center. Thanks.
#6
Re: Tax breaks for new immigrants.
Difficult to be precise as lots of variable. Such as, ground floor,ensuite, lift,A/C,furnished,unfurnished etc. The average price for two bed furnished is around €300 to €400 per month. However there are some at only rent at €250 pm. In the end you gets what you pay for.
#7
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Re: Tax breaks for new immigrants.
Been looking at a website and it seems like Cyprus is about €100 cheaper for the same type of accommodation as here in Portugal.
Properties For Sale in Paphos Cyprus | Long Term Rentals Paphos Cyprus
Properties For Sale in Paphos Cyprus | Long Term Rentals Paphos Cyprus