What are the hidden costs of emigrating to Cyprus? Is it expensive?

What are the hidden costs of emigrating to Cyprus? Is it expensive? Income tax, foreigners can enjoy the preferential tax rate of 5% for purchasing the first suite, provided that the applicant guarantees in writing that the property is only used for self-occupation and cannot be used for any major purposes such as leasing. It is recommended not to choose, because rent can be part of income. The Inland Revenue Department will randomly check the real estate applications that enjoy the preferential VAT rate. Once the property is found to be used for other major purposes, the applicant will be ordered to pay taxes and may be punished. However, the buyer has to pay the value-added tax of 19% of the value of the goods since purchasing the second house.

New houses don't need to be handed over to transfer fees, and second-hand houses in transfer fees account for 50% of the house price. If the contract stamp duty and the right to use the qualification certificate have not been examined and signed, the buyer needs to obtain the purchase agreement for the record in the land and resources marriage registration office and pay the contract stamp duty. If it does not exceed 65,438+0.7 million euros, the buyer shall pay the contract stamp duty at the rate of 0.65,438+05%; If it exceeds the above amount, it shall be paid at 0.2%. And ... you need to apply for registration and pay within 30 days after signing the contract.

In Cyprus, the cost of living for the general public is not too high. The Cyprus immigration project has attracted many people's attention. Many people find that the local consumption power is not good when they master this country. Taking a family of three as an example, the consumption capacity of a family of three is 600-800 euros per month, which exceeds the quality of life of well-off families in China and has a high consumption capacity. Many people didn't understand the local price level at first, and felt: "Although the local consumption level is not too high, people's life satisfaction is weak." That was not the case. Cyprus's developed economy, local tourism development and agriculture and animal husbandry are very developed, which will promote local social and economic development!

The local standard of living has been warmly welcomed by foreigners living in Cyprus. Key expenditures include basic transactions of hydropower projects, communication level and grain transactions. Generally speaking, the price level is low and the cost performance is high.

Hydropower projects are basically traded at the basic level of life, and the water and electricity fee for a local family of three 1 cubic meter is 0.9 euros; The local water and electricity charges are in ladder form, and the first electricity charge is 0.2 yuan. In the process of cooking, most citizens basically use gas tanks. A gas tank must cost ten euros and can be used for three months.

The consumption of food raw materials is in the food field, in which milk only needs 1.2 Euro /L, fresh toast 0.99 Euro /500g, rice 0.54 Euro /500g, 12 raw egg 65438 Euro +0.8 Euro, chicken breast 2.4 Euro /500g and apple 0.55 Euro. The trade of local ingredients in Cyprus is not very high, and a family of three can live in the local area for several hundred euros.

If you use a fixed line to communicate with the outside world, even an international call costs only 0.08 euros per minute. Therefore, people spend less on communication.