High quality of life for expats in northern Cyprus
16/December/2010
Northern Cyprus is one of the world's best destinations for British professionals retiring abroad for tax planning purposes, it has been claimed.
According to Shelter Offshore, many expats prefer to leave the UK when they finish working, amid concerns over the need to buy an annuity with their pension and a perceived lack of flexibility in retirement.
The news provider stated that the northern region of Cyprus remains a very cheap place to live, and one that is more politically stable than in the past.
Shelter Offshore noted that expats can have a very good quality of life on a relatively low pension income, with the weather near-perfect and local food and drink of a high quality.
Northern Cyprus is also very welcoming to foreign residents, meaning British retirees can enjoy a good quality of life in their later years.
Jordans International – which has an office in the Cypriot capital Nicosia – has extensive experience in using offshore centres to support a variety of commercial transactions and individual's wealth maintenance.
http://www.jordans.co.uk/newsandpressreleases/high_quality_of_life_for_expats_in_northern_cyprus.html