Cyprus Could Change Forever...

Cyprus has changed a lot in the past few years, and Cyprus could change forever in the near future.

This is what I think could happen to the beautiful island Cyprus very soon.

As I helped hundreds of people move to Cyprus over the last few years, I realized that the growth of Cyprus is rapidly increasing.

More people are moving to Cyprus like never before. More properties are being built and rented like never before. And more money is flowing into Cyprus like never before.

But what does this mean exactly? Well, no one knows for certain, but my gut feelings tell me Cyprus could become of the key players in the EU within the next few years!

Great geopolitical location, amazing climate and business benefits, and many interesting people are the ingredients for something Big!

But, it's important to stay rational and logical, so that we don't run into problems in the future because of this massive growth! We shouldn't get blinded by money and focus on what really matters. People.

Connect with me on Insta: @ricardogorski
Songs: Sappheiros - Falling, Makaih Beats - Nostalgia Pt 2

[mercurious]

The gap between the haves and have-nots is surely increasing, and as a Cypriot that concerns me. I am definitely in favour of a vibrant multi-cultural society, with people from other countries calling this island home, and sharing their diversity and heritage with locals, but I also want to live in a country where ordinary people feel cared for and are able to access a life of dignity and security.

[andrez]

cyprus was not divided to south and north, it was invaded in 1974 from turkey and has been captured ever since. friendly regards

[CulverFamVlog]

watching from Larnaca ! Interesting content keep it up

[sebastiank]

I am currently thinking about where to move and Cyprus has long been on my mind. I’ve been wondering about this topic before, because it is what’s keeping me from moving to Portugal for example. In Lisbon the locals cannot afford to live in the city anymore. It is a surreal reality and something I don’t want to take part in worsening. I really appreciate you bringing this up. And also for you trying to keep it balanced. It’s easy to be all doom and gloom. I have hope the Cypriots will live up to this and turn it into something good 💪💪

[joyoffilming]

Great summary of how things change on Cyprus.

[Alex_Rodvalt]

Thank you Rico for video. Will wait the next video projects 😊

[adambilisic]

It's black got me laughing 😆great video! Have a great day mate.

[georgehimself]

This is all very true. I came here six years ago and things have changed a lot. The pace, the cost of living, everything is more crowded. But there are many new good restaurants that did not exist back then.

Knowing Monaco quite well, the prospect of Cyprus becoming the new Monaco is not very encouraging, though.

[shabbos-goy]

I could see that the UK was becoming a failed state in 2017 and bought a villa in 2017 cash in Pissouri Limassol for my escape route. It's doubled in value since then. As have all Pissouri rents. My villa was a bargain even then. I considered the market undervalued and I was right.

I also have passive income from the UK which we allow me to live pretty good without working.

As I have no rent to pay I'm in a pretty decent position as housing is now the killer expense.

I feel seriously sorry for the youngish average Cypriot who are struggling. This is a problem for all Western countries.

I cannot see the situation improving. GBP is holding against the Euro so I cannot moan.

I do not think Cyprus is cheap generally. Eating out is expensive. Fuel is not cheap.

Bottom line? Post covid the world is now much more expensive. There's nowhere to run save say SE Asia but that's generally 3rd world and no good to me....

[MrBruceSeven]

Hey Rico. Very good topic and very well done! At 1.44 you are showing a pretty nice "5 Star Hotel". I would be interested in its the name. And keep on doing what you do! Greetings from Germany.

[kaykyriacou]

LOVE YOU ❤️ Well done for mentioning this! Not all of us Greeks are given homes. The Greek government are so greedy! All are obviously welcome in Cyprus but it is the Greek Government who have spoilt it not the people X X

[shug]

Great video Rico common sense is at a premium these days.

[stavrosoik]

I was living in Limassol for 2020-21 and I was paying 650 for one bedroom apartment. Now you can't find anything below 1000. It's gonna be a huge problem for Cypriots finding a apartment to rent with the local salaries. Also finding people to work in tourism is going to be much harder as it was common thing for Greeks to move to Cyprus for work. Now it's impossible for Greeks to relocate to Cyprus. I was planning to return back to Limassol and work remote but It doesn't seems to be VFM anymore.

[valeriavoltage]

i saw a tendency low and middle class start moving out from here because only wealthy ppl can afford a life here. So scenario that CY is future Monaco is just a question of time. Only rich people will be able to reside here. But who will serve these rich people?

[SingularityZro]

Interesting, I was wondering about this as well. Once I moved to Cyprus, the rent prices had already increased, but as someone coming from Hamburg, Germany, it was almost surreal how affordable everything was and that you had the opportunity to rent something instead of "applying" for a totally overpriced flat while hoping that you are the chosen one out of the 20 people who also applied for the privilege to rent it :-D - Always Depends on the perspective. And location, of course.
Larnaca, where I am living, has great infrastructure and lots of things going for it, also. Yet it is still modest in rent prices. ( I currently pay 550€ for 95 m² in a quiet street, but 8 min walking distance to the central city beach. And most important: Cat friendly. It is an older building with its quirks during winter times, though. :-D
Meanwhile, I was also fascinated, that "everyone" seems to drive German, or British premium cars, not what I expected, especially since I looked up the medium income in Cyprus and had problems getting these two things together in my head.

That said, I am with you on the point that, especially since the island is small, things could spiral out of control quickly. At least the youth has the opportunity to look at the expats who mostly work remote anyway, and would be able to do the same. Especially since the locals speak English so well.
I think a sharp price hike would also mean, especially since the island is relatively small, that much money influx could also mean a worker shortage, and therefore rising wages. That would be optimal. But it will be a turbulent time for sure. I hope it will take a few years until things will get crazy.

[MarcMelissa]

Hast du sehr gut zusammengefasst, für die locals wird es hart.

[Stellarionas]

It is true that Cyprus needs to be more people-friendly.

The bus network is practically non-existent and someone needs to start working on that. Lemesos, Levkosia, Larnaca, but also Paphos and Paralimnee-Ayia Napa are surely cities that need to have a decent public transport system and be connected with their suburbs in order for the Cypriot people to go wherever they want without constantly having to drive a car, thus leading to more and more traffic jam, especially on Lemesos, where the problem has increased severely.

There is already an intercity buses network (between cities) which functions very good, and is easily used, but inside the cities, it's just a mess. People are complaining about this problem since the 1960s', and every government says "it will solve it" but of course never does.


Now, about the rent prizes, Cypriots students who want to study say in Levkosia, cannot afford those ridiculous demands, and are forced to go abroad. And it's not only the students. Cypriot people, especially, Cypriot refugees who lost their properties since 1974 because of the Turkish Invasion, do not have the money to rent or buy a hose and leave their parents house to be on their own.

[DreamDesign]

RicoGo run for president - good Video 😀

[konnor]

You also forgot to mentioned that the thing affected the most quality of life for the locals is the illegal migration. Probably more than 100k in an island of 800k population are responsible for the shortage of houses to rent, and at the same time cheap labour that lowers the salary of most low income jobs by more than 50%.

[stuarthitchcock]

Your doing great bro! Love your videos