6 Effective Budget Living Tips In Cyprus

1. 6 Effective Budget Living Tips In Cyprus As you know, the cost of living in Cyprus is lower than many European nations, which makes it an ideal place to settle down. And once you fulfill the Cyprus visa requirements, you can move in and live your life on the island However, the following tips will help you even more in living a budget life on the island. Go Solar Electricity bills are very reasonable in Cyprus. But you can cut down on your energy expenses even further by opting to install solar panels. And given that Cyprus received a good deal of sunshine for most of the year, investing in solar energy certainly is a good decision. There are also incentive schemes available from the government that allows you to purchase solar cells at a cheaper cost. So, make sure you do check them out before deciding to go solar. Consume Fruits The warm climate of Cyprus ensures that the island can grow a variety of fruits like oranges, pomelo, lemons etc. And since these tend to be locally produced, they also turn out to be cheaper than other fruits. So, be sure to always opt for locally produced foods rather than imported ones. This will help you save some money on a monthly basis. You can even grow them in your garden if you want thanks to the conducive climate. Rent Out Your Home Cyprus being a popular tourist destination offers you some great chances for earning some extra money by renting out your home during the peak season. You can rent out a part or whole of your home and earn rental money to support your life. And in case you rent out your entire home, you can rent yourself a lower rental home and pocket the difference. Buy Clothing Online When it comes to clothing, it can get quite expensive in Cyprus. In fact, clothes in Cyprus cost more than if you would have got it from the UK. As such, it is always better to order clothes from online stores. However, do keep in mind that not every major global online retailer offers to ship to Cyprus. So, remember to check whether the online store you are interested in ships to your destination. And if so, what will be the shipping charges. Plus, make sure to consider the total cost of the clothes by adding its sales price, shipping, and other charges. Skip Milk Milk in Cyprus is very expensive since there are not many cows on the island. As such, milk is often imported and therefore costs higher. So, if you are not particularly fond of milk, then it is recommended that you avoid it. Avoid Banks For Currency Transactions Once you meet the visa requirements for Cyprus citizens and settle up in the country, you may have to do foreign currency transactions. As far as possible, do not rely on banks for this since the cost of doing such a transaction with a bank is typically on the higher side. Instead, rely on a currency specialist who can do the foreign exchange transactions for you at a cheaper rate and save you some money.

2. http://www.cypruspermanentresidence.com/