Where should I setup a bank account in Kato Paphos?

"Expats considering retirement in Kato Paphos should be aware that the official language is Greek, but English is widely spoken due to the high number of British expats and tourists. The cost of living in Kato Paphos is generally lower than in many European countries, but it's still important to budget carefully and consider all potential expenses. Healthcare in Cyprus is of a high standard, with both public and private options available, and EU citizens can access public healthcare services for free or at a reduced cost. Cyprus has a warm Mediterranean climate, with hot summers and mild winters, which can be a significant draw for many retirees. However, it's worth noting that the heat can be intense during the peak of summer. The island is known for its relaxed pace of life, which can be a significant change if you're used to a busy, city lifestyle. Cyprus uses the Euro, and while the cost of living is generally lower than in many other European countries, it's important to consider exchange rates and the potential impact of economic fluctuations. Property in Kato Paphos can be more expensive than in other parts of Cyprus, but many expats find the lifestyle and amenities to be worth the extra cost. Cyprus has a residency program for retirees who can prove they have sufficient income to support themselves without working. This can be from pensions, investments, or rental income. It's important to research the requirements and process for obtaining residency before making any decisions. Cyprus has a double taxation agreement with many countries, which means you won't have to pay tax in two countries on the same income. However, it's important to get professional advice on this matter as tax laws can be complex. Finally, it's important to remember that moving to a new country can be a big adjustment. It's recommended to spend some time in Kato Paphos before making the decision to retire there, to ensure it's the right fit for your lifestyle and expectations," said another expat in Kato Paphos, Cyprus.