Where should I setup a bank account in Polis?

We asked expats in Polis what banks they use and there advice about banking. They advised...

"Expats considering retirement in Polis should be aware of several key factors. Firstly, the cost of living in Polis is relatively low compared to other European countries, making it an attractive option for retirees. However, it's important to understand that while some goods and services may be cheaper, others such as imported goods can be more expensive. The healthcare system in Cyprus is of a high standard, with both public and private options available. Expats should ensure they have adequate health insurance coverage, as the public healthcare system can be slow and private healthcare can be costly. The official languages in Cyprus are Greek and Turkish, but English is widely spoken, especially in tourist areas. Nevertheless, learning some basic Greek phrases can be beneficial and appreciated by locals. The climate in Polis is typically Mediterranean, with hot summers and mild winters. This can be a draw for those who enjoy warm weather, but it's important to consider the potential impact on health, particularly for those with conditions that could be affected by heat. Cyprus has a relatively low crime rate, but like anywhere, it's important to take standard precautions to protect personal safety and belongings. The property market in Polis offers a range of options, from apartments to villas. Renting is a popular choice for expats, but those who choose to buy should be aware of the legal complexities of purchasing property in Cyprus. The Cypriot lifestyle is generally laid-back and social, with a strong emphasis on family and food. Expats should be prepared to adapt to a slower pace of life and embrace the local culture. Finally, it's important to understand the visa and residency requirements for living in Cyprus. Non-EU citizens will need to apply for a long-term residence permit, which can be a complex process. It's recommended to seek legal advice to navigate this process," wrote a member who made the move to Polis, Cyprus.

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Avertiss is a professional brokerage firm that offers services in real estate and its related fields. We represent buyers and sellers in both the northern and southern parts of the island of Cyprus. Our brokerage consists of highly experienced professionals specializing in real estate investment, lifestyle, legal services, and valuation advisory.

Avertiss Real Estate