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Expat Advice: Financial Issues in Limassol, Cyprus

Submitted by ResearchTeam

What is the name of the city or town that you are reporting on?

Limassol

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

Before retiring in Limassol, expats should familiarize themselves with the local culture and customs. It is also important to research the cost of living in Limassol, as well as the availability of healthcare and other services. Additionally, expats should consider the climate in Limassol, as well as the language spoken in the area. Finally, expats should research the local laws and regulations to ensure they are compliant with the local government.

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