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Nicosia, Cyprus 🇨🇾
#1114 ,

Nomad Score: 66%

Essentials

🏙️ City Nicosia is the largest city and the capital of Cyprus, located at the intersection of Europe and Asia.
👥 Population Approximately 200,000
💻 Internet Speed Average internet speed is around 50-100 Mbps
💸 Currency & Banking 1 EUR ≈ 1.07 USD; Major banks include Bank of Cyprus and Hellenic Bank.
🚰 Tap Water Drinkable; Cyprus has high-quality tap water.
🔌 Power 230V, 50Hz; Uses Type G sockets.
📶 SIM Card Providers include Cyta, PrimeTel, and MTN.
💳 Banking for Expats Revolut, TransferWise are popular. Local banks like Bank of Cyprus are also widely used.
🛌 Accommodation Airbnb and local real estate websites such as Bazaraki.com offer various options.
💳 Cashless Friendly Yes, major credit and debit cards accepted widely.
🏠 Short Term Rentals Airbnb and local platforms provide a wide selection of short-term housing.
🛏️ Budget Accommodation Hostel 'The House of Calm' offers dorms starting at €15 per night.
🏙️ Best Area to Stay for Tourists The Old City area offers historical sites and vibrant local life.
🏙️ Best Area to Stay for Digital Nomads The City Center, especially around Ledra Street, is popular for its cafes and coworking spaces.

Working and Networking

🏢 Best Coworking Space The Office is a popular coworking spot located in the city center.
Best Cafe for Work Ghetto Cafe offers a lively atmosphere with good coffee and Wi-Fi.
💼 Networking Events Meetups and digital nomad gatherings regularly occur, often advertised through Facebook groups.
🥂 Social Events for Expats The Nicosia Meetup group hosts various social and networking events.

Transportation

🚕 Best Taxi/Ride App Bolt is widely used for ride-hailing in Nicosia.
🚲 Bike/Scooter Rental Electric bike rentals can be found at various points in the city.
🏖️ Best Beach Nearby Fig Tree Bay is about 45 minutes away by car.
✈️ Top Regional Airline Cyprus Airways is the major regional carrier.
✈️ Top International Airline British Airways, Aegean Airlines are prominent international options.
🛣️ Highway Access Main road connections include the A1 highway leading to Limassol and Larnaca.
🚉 Main Train/Transit Hub Nicosia does not have a train station but bus connections are available.
🚍 Public Transport Passes Cycladic passes for unlimited bus rides can be purchased for €5 per day.
✈️ Regional Travel Buses connect to nearby cities like Larnaca and Limassol regularly.

Health and Wellness

🏥 Best Hospital Nicosia General Hospital is the primary public healthcare facility.
🧘 Yoga & Wellness Centers Yoga in Action offers a variety of classes for all levels.
🏋️ Gyms & Fitness Centers The Club is a popular fitness center featuring modern equipment.
🧺 Laundry Services Laundry Time offers affordable laundry services throughout the city.

Food and Drink

📱 Best Food Delivery App Wolt is popular for food delivery in Nicosia.
🍽️ Best Local Dish to Try Souvla, a local grilled meat dish, is a must-try.
🍱 Vegan/Vegetarian Options Veganaya offers a variety of plant-based meals.
🍫 Best Dessert Spots Bakeries like 'Pavlides' offer traditional Cypriot sweets.
🛒 Affordable Shopping Spots Ochi Market offers affordable fresh produce and local goods.
🛒 E-commerce/Online Store Zalando and Amazon provide online shopping options.
🛒 Grocery Delivery Supermarket chains like Alfa Mega offer online shopping and delivery.
🍸 Bar/Nightlife Area The old town features numerous bars and a vibrant nightlife.
🍻 Local Brewery Cyprus Brewing Company offers local craft beers.
🍷 Wine Bars The Wine Village specializes in local wines and tastings.
🍲 Street Food Stalls Local markets host various stalls offering traditional street food.
🍕 Popular International Cuisine La Maison offers excellent French cuisine.

Culture and Attractions

🎟️ Must-See Landmarks The Selimiye Mosque is an iconic landmark in the city.
🏛️ Museums & Art Venues The Cyprus Museum showcases ancient artifacts.
🏰 Historical Sites The Venetian Walls are a historical attraction worth visiting.
🕍 Religious Sites The Church of St. John is a beautiful site to explore.
🎉 Annual Events The Nicosia Wine Festival takes place every September.
🎨 Cultural Districts The Old City has a rich cultural heritage and various local crafts.
🎭 Theater Venues Theatro Skala hosts various performances and events.
🛍️ Local Markets Ledra Street markets offer a variety of handmade crafts.
🎼 Music Scene Jazz and traditional music can be heard at venues throughout the city.
🎨 Street Art Various murals are painted in the central areas around the Old City.
🧑‍🍳 Cooking Classes Cyprus Kitchen offers culinary classes focusing on local cuisine.
👩‍🎨 Art Galleries Diarios Gallery features contemporary Cypriot artists.
🕰️ Historic Buildings The Büyük Han is a historical caravanserai with art shops.
🏴 Local Heritage Cypriot culture is influenced by Greek, Turkish, and British traditions.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes The Troodos Mountains are great for hiking and are about an hour's drive.
🏞️ National Parks Nearby Akamas National Park is a perfect spot for nature lovers, about 1.5 hours drive.
🚲 Cycling/Walking Paths The Green Line offers beautiful walking routes through the city.
🌄 Scenic Viewpoints The top of the Venetian Walls offers great panoramic views.
🦉 Birdwatching Locations The Larnaca Salt Lake is famous for its flamingos in the winter.
🔥 Bonfire-Friendly Spots Designated picnic areas in the Troodos National Forest.

Other Services and Amenities

📦 Parcel Delivery Service DHL and Cyprus Post provide reliable delivery services.
🛠️ Tech Repair Services Various local shops like TechFix offer electronic repairs.
🏓 Table Tennis Spots The Nicosia Table Tennis Club welcomes newcomers.
🧑‍🏫 Language Classes Local center 'Cultural Dialogues' offers Greek and Turkish language courses.
📚 Libraries & Study Spots The Cyprus Library is an excellent place for studying and research.
🏘️ Community Centers The Community Centre of Nicosia offers diverse cultural activities.
🕹️ Gaming Lounges Gamer's Hub offers a space for consoles and PC gaming.
🎰 Casino & Gaming Halls City of Dreams Mediterranean, the largest in Europe, offers various gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. €1,750 per m² (e.g., 40 m² = €70,000)
🏢 Studio Purchase Price (Outside City) Approx. €1,400 per m² (e.g., 40 m² = €56,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €2,200 per m² (e.g., 60 m² = €132,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €1,700 per m² (e.g., 60 m² = €102,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €2,500 per m² (e.g., 80 m² = €200,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,000 per m² (e.g., 80 m² = €160,000)
💼 Corporate Tax 12.5%
💵 Dividend Withholding Tax 17%
🏦 Tax System Residents taxed on worldwide income.
📈 Highest Income Tax Bracket 35%
🧾 VAT 19%
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply.
🏠 Property Tax Yes, based on property value.
🏠 Property Transaction Tax About 6% standard rate.
💻 Attractive Tax System for Digital Nomads No wealth tax, relatively low corporate taxes available for startups.

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