Enjoy island living in Cyprus
Mesmerizing stretches of coastline…warm sun…crystal clear water perfect for blissful swimming. Cyprus offers history on the mythical island of Aphrodite’s Isle, the supposed birthplace of the goddess of love. With favorable tax rates and an expat community of over 60,000 this country has so much going for it.
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- Population: 1,155,403
- Capital City: Nicosia
- Climate: Temperate, Mediterranean, with hot, dry summers and cool winters
- Time Zone: GMT+2
- Language: Greek, Turkish
- Country Code: 357
- Location: Mediterranean Sea, south of Turkey
You’ve just weighed anchor on another night of bliss, lulled to sleep by the gentle rocking of your sailboat in the calm sea. Before you is a small cove lined by craggy cliffs. Clear blue waters end at a white-sand beach. You’ve had it all to yourself for the last week. It was supposed to be just an overnight stop. But it was so beautiful, you decided to stick around. After a quick dip, you’re enjoying a cup of coffee and a light breakfast on deck as you contemplate which island paradise you’ll go to next.
Those of us who are sensitive to tax, financial, and regulatory events, both in the U.S. and offshore, see some disturbing developments toward currency and other financial controls. Taken together, these developments may well signal evacuating before exits are blocked. For example:
In Chinese script, the character for crisis is actually a construct of two symbols: one for danger and the other for opportunity. The danger is what everybody sees; the opportunity is not quite as obvious, but it’s always lurking somewhere. Late last year I visited Cyprus to search through the rubble of a crisis—one of the most significant financial meltdowns in recent history.
I wake up and glance over at my wall calendar—no deadlines for the rest of the week. Time for the beach! Or maybe I could work on my novel. But it’s such good weather, what about another day trip? Welcome to the life of a freelance writer where every day is wide open, and every day is yours.
Mongolia is the world’s most sparsely populated country, largely made up of steppe, mountains and a big piece of the Gobi desert. It’s also the world’s fastest-growing economy, thanks to vast underground riches; gold, copper, coal, tin, uranium and tungsten.
I didn’t buy this house, and I don’t pay rent or bills for it, either—but it’s mine to enjoy for the next six months while my boyfriend and I house-sit here, amid the magnificent landscape of the Karpaz Peninsula in Northern Cyprus. Before coming here, I had read some strange and fascinating things about the Karpaz Peninsula, as if it were a magical place. Much of it is true. There’s an energy on this isolated and largely undeveloped stretch of land.
Offshore variable annuities are one of the simplest yet most comprehensive offshore solutions available today. The minimum policy starts at $250,000 but due to the fees and expenses, policies from $500,000 to $1 million are more cost-effective.
As I travel, I see many places that are compelling for talented entrepreneurs because of a combination of business opportunities, tax-advantaged corporate structures, and low cost of doing business. Here are some of those places
In mythology, Cyprus was the birthplace of Aphrodite, goddess of love. An island in the eastern Mediterranean, its year-round sunshine, favorable tax rates, and lower living costs have seduced 60,000 expats into settling here.
Unless you’re wrapped in furs like Nanook of the North, spending Christmas on a European beach is usually a non-starter. But you can on the Isle of Aphrodite.
Seasonal cheer is in full swing in the Kamares club-house. Glitter, mince pies, sherry–it’s the annual Christmas Bazaar, and stalls are loaded with arts and crafts.
While worldwide media coverage is focusing on an ever-stronger euro, smart readers are exploring other options: 14 of the EU member countries do not use the euro right now. Although the U.K. and Denmark have special derogations, and Malta and Cyprus are set to join next year, you still have plenty of other ways to make your dollar go further in Europe.
From one of the sunniest parts of Europe-encouraging news that makes investing here even more attractive. The European Commissioner for Economic and Monetary affairs Joaquin Almunia has declared that Cyprus and Malta are both ready to adopt the euro in January 2008. According to the Commission, the two countries have fulfilled the necessary conditions for […]
In May it was announced that visitors to Panama entering on a tourist visa would no longer be granted a 90-day stay (extendable for another 90 days). Instead, immigration officials said, those entering on a tourist visa would be granted just 30 days-extendable up to 60 additional days. This month, rumors began circulating that the […]
Written by Aileen Torrance Meze is the jewel in the crown of Cypriot cuisine, best experienced in a village taverna far from the crowds on the beachfront. Like Spanish tapas, a meze meal consists of a selection of small taster dishes allowing you to sample the full range of house specialties. The great thing about […]