Page 1 of 1
Survive on 1,000euros a week in Cyprus?
Posted: Thu Oct 31, 2024 10:05 am
by Chaddy
Some friends of ours own a property here in Paphos and are considering a permenant move from the UK .
The question they are asking me,and others of course is could they have a comfortable living here with an income of 1,000 euros per week.
They are middle aged with no dependants,.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Thu Oct 31, 2024 10:13 am
by Dominic
Yes, unless they want to piss it up the wall.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Thu Oct 31, 2024 11:03 am
by lotus
What kind of lifestyle are they thinking of having if they have to ask that question?
Re: Survive on 1,000euros a week in Cyprus?
Posted: Thu Oct 31, 2024 11:05 am
by Chaddy
Dominic wrote: ↑Thu Oct 31, 2024 10:13 am
Survive on 1,000euros a week in Cyprus?Quote Chaddy
by Chaddy » Thu Oct 31, 2024 6:05 am
Dominic wrote: ↑Thu Oct 31, 2024 10:13 am
Yes, unless they want to piss it up the wall.
I would class them as social/moderate drinkers.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Thu Oct 31, 2024 11:15 am
by josef k
It's not April 1st is it?
1,000 a week equates to 52,000 a year! A lot more than most Brits here I would suggest.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Thu Oct 31, 2024 11:57 am
by Uncle D
Assuming that you mean 1000 euors per month, I would have thought that they would not get residency on that amount.
If they are as you say middle aged, and so not retired they will not have an S1 certificate. One of the requirements of immigration would be for them to have private medical insurance as they would not be eligible to get into GESY, .
Private Medical insurance is not cheap.
If they are living on 52,000 per year, they will have a lot of friends
Re: Survive on 1,000euros a week in Cyprus?
Posted: Fri Nov 01, 2024 8:29 am
by Chaddy
Uncle D wrote: ↑Thu Oct 31, 2024 11:57 am
Assuming that you mean 1000 euors per month, I would have thought that they would not get residency on that amount.
If they are as you say middle aged, and so not retired they will not have an S1 certificate. One of the requirements of immigration would be for them to have private medical insurance as they would not be eligible to get into GESY, .
Private Medical insurance is not cheap.
If they are living on 52,000 per year, they will have a lot of friends
[/quote
Are you meaning Uncle " that a couple should be able to live comfortable here on 1,000 euros per week.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Fri Nov 01, 2024 8:55 am
by jeba
That´s about 4 times the minimum wage. So it should be enough to live on very comfortably (unless they have very high expenses like health insurance etc.).
Re: Survive on 1,000euros a week in Cyprus?
Posted: Fri Nov 01, 2024 9:57 am
by Uncle D
Chaddy wrote: ↑Fri Nov 01, 2024 8:29 am
Uncle D wrote: ↑Thu Oct 31, 2024 11:57 am
Assuming that you mean 1000 euors per month, I would have thought that they would not get residency on that amount.
If they are as you say middle aged, and so not retired they will not have an S1 certificate. One of the requirements of immigration would be for them to have private medical insurance as they would not be eligible to get into GESY, .
Private Medical insurance is not cheap.
If they are living on 52,000 per year, they will have a lot of friends
[/quote
Are you meaning Uncle " that a couple should be able to live comfortable here on 1,000 euros per week.
If Chaddy means Charlie?, if so you really are a proper one.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Fri Nov 01, 2024 11:47 am
by galexinda
Most couples I know have a UK state pension and/or a private pension (or in some cases 2-3) and they are very comfortable with an income of €2,500 - €4,000 per month and most of them pay rent.
Others are content with living on the UK state pension.
Depends on lifestyle choices.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Fri Nov 01, 2024 12:25 pm
by trevnhil
I don't have a choice. I have to live on around a thousand euros a month and feed a dog and a cat.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Sun Nov 03, 2024 6:12 pm
by galexinda
trevnhil wrote: ↑Fri Nov 01, 2024 12:25 pm
I don't have a choice. I have to live on around a thousand euros a month and feed a dog and a cat.
Indeed, as the cost of living goes up so rapidly it does become more difficult for those of us on a limited income.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Mon Nov 04, 2024 2:33 pm
by MacManiac
I would be astonished if an income like that could not sustain a comfortable lifestyle. Our pension income is about €3500 a month, and we live like kings and we generally save about €600 a month. We are covered by GESY which means no expensive health insurance, which makes a difference.
Re: Survive on 1,000euros a week in Cyprus?
Posted: Wed Nov 06, 2024 10:59 am
by lotus
