Tuition & Cost of Living Estimates
The cost of living in Cyprus has been heavily affected by the country’s banking crisis, the measures imposed by the European Union in exchange for a bail-out loan and the country’s shrinking economy. For decades, British pensioners have moved to Cyprus for its relatively low cost of living and favorable tax conditions, which, until recently, allowed their pensions to go further than they could in the UK. Unfortunately, many who kept their savings in Cyprus have lost significant amounts in the wake of the banking crisis. This adds to the financial problems of residents and many expats in Cyprus have less purchasing power. While prices in Cyprus may be low for expats from strong economies, the cost of living is high in relation to the average Cypriot’s income, which is only around 1,400 EUR (in contrast to the average salary in Berlin, which is approximately 2,200 EUR). Many expats moving to Cyprus have savings deposited in their home countries. The cost of living in Cyprus is fairly similar to other European countries. Nicosia is generally regarded to be the most expensive city on the island. According to Mercer’s Cost of Living Survey for 2015, Limassol was ranked 87 out of 230 cities studied. There are still compelling reasons to move to Cyprus, aside from the weather. The costs of accommodation, communications, education and healthcare are all fairly low and, for the most part, of good quality. On the other hand, the prices of consumables such as groceries and magazines are fairly high, while clothes are usually subject to import taxes that driving up their prices. Southern Cyprus tends to be more expensive than the Turkish-occupied northern part of the country, especially in terms of rent, but its economy is around five times the size. Most expats prefer living in the south because it generally has better job prospects and higher salaries. Cost of food in Cyprus Groceries in Cyprus tend to be cheaper than in the UK, especially when it comes to fruit and meat. Beer and cigarettes also tend to be cheaper, while cappuccinos are more expensive. Restaurants in are generally cheaper as well; although, if expats opt for smaller, local establishments they will be able to save quite significantly and sample some of the fine cuisine on offer in Cyprus, which is a cosmopolitan blend of Greek, European and Middle Eastern cooking. Cost of transportation in Cyprus There hasn’t been a rail network in Cyprus since 1951, but Cypriots have been told they’ll once again have access to intercity trains in the next 15 years. Buses are available and are fairly inexpensive. Unfortunately, they are not always reliable and routes can be limited, so many people opt for private taxis.
Why study in Cyprus
• Cyprus is an English speaking country in Europe.
• It is also a big tourist destination, hence provides the visitors a safe and welcoming environment.
• Tuition fees and living expenses are very less as compared to other European nations.
• Students can easily earn 500-600 Euros per month in a part time job.
• Cyprus is a part of the European Union (EU).
• There are great career options for those doing a course in Hotel Management, Travel and Tourism, etc as they have a chance of getting job in other European countries (EU).
• Normally there is no IELTS requirement.
• Students with average scores can get an opportunity to study in the best colleges there. Living in Cyprus is relaxing, on the whole, so long as you don’t feel stressed about time. The pace of life is slower than in much of Europe; people still stop and chat, taking an interest in other people’s lives. It’s pretty safe for children, too: family life is still important, with grandparents often living with or close to their children and grandchildren. We didn’t worry much if our sons were out late as teenagers, walking home from the town. It’s a great place for visitors and students with beaches, nature walks, historic sites and tourist shopping galore, and we’ve very much enjoyed having many friends and relatives to stay over the years. Besides all that, it’s convenient if you want to travel to the Middle East and Northern Africa, or to Asia and most of Europe. Cost of Living in Cyprus