British pensioners choose CY
21/07/2010 08:17:55

Cyprus is regarded as the best country for the settlement of British pensioners compared to the four main competitive destinations, Belize, France, Panama and Italy.

This is what the survey of Sunday Times supports, making a comparison of the data of each one of the five destinations for nine sectors – the income tax, the legacy duty, the property tax, the property prices, the cost of living, the safeguard of the settlement right, the health system, the weather conditions and the local culture.

On the basis of the 10 points per sector, Cyprus secured 66 against 60 of Belize, 59 of France and Panama and 52 of Italy.

The duration of the flight to Cyprus, the use of the English language and the correlation of the banking and justice systems with those of the UK are additional advantages.