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Kyrenia, Cyprus | Where should I setup a bank account in Kyrenia? | Expat Exchange
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Where should I setup a bank account in Kyrenia?

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

"Expats considering retirement in Kyrenia, should be aware of several key factors. Firstly, the cost of living in Kyrenia is relatively low compared to many Western countries, making it an attractive option for retirees. However, it's important to understand that while some goods and services are cheaper, others, such as imported goods, can be more expensive. The official languages in Cyprus are Greek and Turkish, so learning some basic phrases in these languages would be beneficial, although English is widely spoken in Kyrenia. The city has a Mediterranean climate with hot summers and mild winters, which can be a significant change for those used to cooler climates. Healthcare in Cyprus is of a high standard, with both public and private healthcare systems available. Expats should ensure they have adequate health insurance to cover any medical needs. The property market in Kyrenia offers a wide range of options, from apartments to villas, and property prices are generally lower than in many other European countries. However, there are legal complexities around property ownership in Northern Cyprus, so it's advisable to seek legal advice before purchasing property. The Cypriot lifestyle is laid-back and social, with a strong emphasis on family and food. Expats should be prepared for a slower pace of life and a culture that values socializing and outdoor living. Cyprus has a high level of safety and low crime rates, making it a secure place for retirement. However, like any location, it's important to take standard precautions to protect personal safety and property. Finally, it's important to understand the visa and residency requirements for living in Cyprus. Non-EU citizens may need to apply for a long-term residence permit, which can require proof of financial self-sufficiency, among other things," explained one expat living in Kyrenia, Cyprus.

Avertiss Real EstateAvertiss Real Estate
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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 EstateAvertiss Real Estate

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.
Get Quote

Other Questions:

Where should I setup a bank account in Kyrenia?

If you live in Kyrenia, newcomers to Kyrenia would love to hear your answer to this question.


SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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Help others in Cyprus by answering questions about the challenges and adventures of living in Cyprus.

SJB Global
SJB Global

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