Nomad Score: 69%

Essentials

๐Ÿ™๏ธ City Nicosia, the capital city of Cyprus, is located at the intersection of ancient and modern cultures.
๐Ÿ‘ฅ Population Approx. 300,000
๐Ÿ’ป Internet Speed Average internet speed is around 50-100 Mbps.
๐Ÿ’ธ Currency & Banking Euro (1 EUR โ‰ˆ 1.07 USD)
๐Ÿšฐ Tap Water Drinkable, but bottled water is commonly consumed.
๐Ÿ”Œ Power 240V, 50Hz, ๐Ÿ”Œ Type G sockets.
๐Ÿ“ถ SIM Card Popular providers include Cyta, MTN, and PrimeTel.
๐Ÿ’ณ Banking for Expats Local banks such as Bank of Cyprus and Hellenic Bank accept international cards.
๐Ÿ›Œ Accommodation Options include Airbnb, local rentals, and serviced apartments.
๐Ÿ’ณ Cashless Friendly Yes, card payments are widely accepted.
๐Ÿ  Short Term Rentals Airbnb and HomeAway are popular for short-term rentals.
๐Ÿ›๏ธ Budget Accommodation Hostels such as The Nicosia Hostel offer affordable lodging.

Working and Networking

๐Ÿข Best Coworking Space The Office Nicosia offers a vibrant coworking environment.
โ˜• Best Cafe for Work Panos the coffee has a welcoming atmosphere for remote work.
๐Ÿ’ผ Networking Events Frequent events held by the Cyprus Chamber of Commerce or Meetup groups.
๐Ÿฅ‚ Social Events for Expats Expats in Nicosia Facebook group organizes regular meetups.

Transportation

๐Ÿš• Best Taxi/Ride App Bolt operates in the city for quick rides.
๐Ÿšฒ Bike/Scooter Rental Bikes can be rented from various local shops around the city.
๐Ÿ–๏ธ Best Beach Nearby Larnaca Beach, located about 45 minutes away by car.
โœˆ๏ธ Top Regional Airline Cyprus Airways serves regional flights.
โœˆ๏ธ Top International Airline Lufthansa and British Airways have flights to Nicosia.
๐Ÿ›ฃ๏ธ Highway Access Connected to the A1 highway providing access to major cities.
๐Ÿš‰ Main Train/Transit Hub Nicosia doesn't have a train station, but buses operate frequently.
๐Ÿš Public Transport Passes Day passes and monthly tickets available for buses.
โœˆ๏ธ Regional Travel Buses connect Nicosia to Limassol, Larnaca, and other cities.

Health and Wellness

๐Ÿฅ Best Hospital Mediterranean Hospital of Cyprus is a modern facility.
๐Ÿง˜ Yoga & Wellness Centers Paya Yoga Studio offers classes for different levels.
๐Ÿ‹๏ธ Gyms & Fitness Centers Fitness House and Anytime Fitness provide good facilities.
๐Ÿงบ Laundry Services Self-service laundromats are available in central areas.

Food and Drink

๐Ÿ“ฑ Best Food Delivery App Wolt and Deliveroo operate for food delivery.
๐Ÿฝ๏ธ Best Local Dish to Try Kleftiko, a traditional Cypriot slow-cooked lamb dish.
๐Ÿฑ Vegan/Vegetarian Options Glow Restaurant offers a variety of vegan dishes.
๐Ÿซ Best Dessert Spots The Coffee Island serves delicious pastries.
๐Ÿ›’ Affordable Shopping Spots The Nicosia Municipal Market for fresh produce.
๐Ÿ›’ E-commerce/Online Store Cyprusโ€™s own e-shop offers various local products.
๐Ÿ›’ Grocery Delivery Fruits & Veggies Deliveroo services for fresh produce.
๐Ÿธ Bar/Nightlife Area Ledra Street has a lively nightlife scene.
๐Ÿป Local Brewery Keo Brewery produces a popular local beer.
๐Ÿท Wine Bars Oinos wine bar specializes in Cypriot wines.
๐Ÿฒ Street Food Stalls Souvlaki stalls are popular across the city.
๐Ÿ• Popular International Cuisine Spaghetti House offers various international dishes.

Culture and Attractions

๐ŸŽŸ๏ธ Must-See Landmarks The Ledra Street Crossing and Buyuk Han are iconic attractions.
๐Ÿ›๏ธ Museums & Art Venues The Cyprus Museum showcases rich history and artifacts.
๐Ÿฐ Historical Sites The Venetian walls are notable historical structures.
๐Ÿ• Religious Sites Saint Johnโ€™s Cathedral is a significant landmark.
๐ŸŽ‰ Annual Events The Nicosia International Festival features diverse performances.
๐ŸŽจ Cultural Districts The old city is filled with historical and cultural sites.
๐ŸŽญ Theater Venues Theatro Skala hosts various performances throughout the year.
๐Ÿ›๏ธ Local Markets The old market area offers a unique shopping experience.
๐ŸŽผ Music Scene The music scene hosts many local and international acts.
๐ŸŽจ Street Art Look for graffiti art in the old town area.
๐Ÿง‘โ€๐Ÿณ Cooking Classes Cyprus Cooking Classes offer hands-on experiences.
๐Ÿ‘ฉโ€๐ŸŽจ Art Galleries The Nicosia Municipal Arts Center showcases modern art.
๐Ÿ•ฐ๏ธ Historic Buildings The old city has several Ottoman-era buildings.
๐Ÿด Local Heritage The mix of Greek and Turkish influences reflects the island's history.

Nature and Outdoor Activities

๐ŸŒ… Nearby Nature Escapes The Troodos Mountains offer stunning nature escapes.
๐Ÿž๏ธ National Parks Nearby Akamas National Park is a few hours away for hiking.
๐Ÿšฒ Cycling/Walking Paths The Larnaca-Dhekelia road has scenic walking paths along the coast.
๐ŸŒ„ Scenic Viewpoints The Ledra street viewpoint provides panoramic views.
๐Ÿฆ‰ Birdwatching Locations The Larnaca Salt Lake attracts numerous migratory birds.
๐Ÿ”ฅ Bonfire-Friendly Spots Certain areas in Troodos are open for bonfires.

Other Services and Amenities

๐Ÿ“ฆ Parcel Delivery Service DHL and UPS operate for parcel delivery services.
๐Ÿ› ๏ธ Tech Repair Services Local shops like TechStore offer device repairs.
๐Ÿ“ Table Tennis Spots Many community centers have table tennis tables available.
๐Ÿง‘โ€๐Ÿซ Language Classes Offerings in Greek and Turkish can be found at local centers.
๐Ÿ“š Libraries & Study Spots The Nicosia Municipal Library has study spaces available.
๐Ÿ˜๏ธ Community Centers Differents centers host various cultural activities.
๐Ÿ•น๏ธ Gaming Lounges Gaming spots can be found in shopping malls.
๐ŸŽฐ Casino & Gaming Halls The City of Dreams Mediterranean offers gaming facilities.

Business

๐Ÿข Studio Purchase Price (City Center) Approx. โ‚ฌ2,500 per mยฒ (e.g., 40 mยฒ = โ‚ฌ100,000)
๐Ÿข Studio Purchase Price (Outside City) Approx. โ‚ฌ2,000 per mยฒ (e.g., 40 mยฒ = โ‚ฌ80,000)
๐Ÿ  1-Bedroom Purchase Price (City Center) Approx. โ‚ฌ2,800 per mยฒ (e.g., 60 mยฒ = โ‚ฌ168,000)
๐Ÿ  1-Bedroom Purchase Price (Outside City) Approx. โ‚ฌ2,300 per mยฒ (e.g., 60 mยฒ = โ‚ฌ138,000)
๐Ÿก 2-Bedroom Purchase Price (City Center) Approx. โ‚ฌ3,200 per mยฒ (e.g., 80 mยฒ = โ‚ฌ256,000)
๐Ÿก 2-Bedroom Purchase Price (Outside City) Approx. โ‚ฌ2,500 per mยฒ (e.g., 80 mยฒ = โ‚ฌ200,000)
๐Ÿ’ผ Corporate Tax 12.5%
๐Ÿ’ต Dividend Withholding Tax 17%
๐Ÿฆ Tax System Based on residency with both local and global income subject to taxation.
๐Ÿ“ˆ Highest Income Tax Bracket 35%
๐Ÿงพ VAT 19%
๐ŸŒ Controlled Foreign Company (CFC) Rules Yes, there are CFC rules for tax compliance.
๐Ÿ  Property Tax Yes, based on the property valuation.
๐Ÿ  Property Transaction Tax Transfer Fee rate averages 3%.