Why millionaires prefer Cyprus? | Living in Cyprus at The Ritz-Carlton Residences Limassol

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Meet Nikita. He spent six years looking for the best place to live and finally chose Cyprus. Following Nikita's advice, we will look at one of the best residences to live in Cyprus, and I will show you a two-bedroom apartment of about 160 square metres worth 1,650,000 euros. And finally, we find out why tech companies choose Cyprus.

Cyprus Sotheby's International Realty
Anastasia Yianni
Mob. +357 99 079202

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00:00:00 Welcome to Limassol in Cyprus
00:01:09 Meet Nikita, an entrepreneur who spent six years looking for the best place to live
00:02:08 Which countries and cities have Nikita enjoyed the most?
00:02:38 What is the best country for living with a family?
00:03:07 Where is the best place to live in Cyprus? Nikita’s opinion
00:03:55 Where is the best place to live in Cyprus? Professional comment
00:04:24 How much does buying or renting a two-bedroom apartment in Limassol cost?
00:04:48 What is the best residence in Limassol?
00:05:07 Welcome to The Ritz-Carlton Residences Limassol
00:06:10 Two-bedroom apartment tour in The Ritz-Carlton Residences, Limassol
00:08:16 The apartment price and monthly maintenance costs
00:09:12 Сomparing Limassol with Dubai, Lisbon, and cities in Switzerland and Austria.
00:10:32 How comfortable is Cyprus for working and doing business?
00:10:54 How to stay in good fit shape while living at a resort?
00:11:30 What are the best places on the island to eat and do sports?
00:12:10 How easy is it to adapt in Cyprus?
00:12:37 Who will not like Cyprus?
00:13:26 Why do tech companies choose Cyprus?
00:13:40 What are the salaries in Cyprus for employees of tech companies?
00:13:59 How easy or difficult is obtaining a work permit in Cyprus?
00:14:35 Do you want to move and live in Cyprus?

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As a Cypriot this is one of the reasons that made our everyday life more difficult to leave. An average new couple can't find a house to built or an apartment to rent because of the insane hight prizes, especially in Limassol!!! As a country(island) gives us money and for the right price we will sell you our souls too!! This is a very nice video for the few Cypriot( Russians, Israelis and Ukrainian) that can afford to stay here and they "sweat" a lot to make their millions and " waited a long time" to get their residence permit!!

michaelperikleous
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This is how people ruined my town! Locals cant affort to live as our salaries cant compete the cost of living stop coming

mariosk
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Cyprus is on my travel bucket list. Thank you for sharing.

gracechadi
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1.65M for 2b ap in the fcking dessert? lol I’d rather buy somewhere else in Europe for a fraction of that cost.

ME-lsde
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I've been involved in the markets for quite a long time and to me it looks like we've reached the top of the flagpole when it comes to speculation on real estate. All of the prices that are now being called out include 5-lane highways that Cyprus doesn't have, 100, 000 well-paid new jobs that Cyprus doesn't have, the expansion of chemical and pharmaceutical companies that Cyprus doesn't have, doctors-teachers-rocket scientists who are unearthing new inventions bring... which Cyprus does not have, countless orders abroad which boost the gross national product.... which Cyprus does not have, clean drinking water that can be safely drunk from the tap like in Germany.... which Cyprus does not have, Building standards that are in no way inferior to those of Western Europe.... which Cyprus does not have. The prices are so exorbitant that it's ridiculous to even mention them

gehtdirgarnichtsan
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For 1.5 mil euros that ‘s a very poor choice for a condo.

lens_vagabond
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what is IT company ? what qualifies for that ? is daytrading forex for example included in that ? Thank You

Johndoe-qnjr
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10, 000 EUR/sqm is compelely insane. You can find real estate in Switzerland for the same budget and you will pay even less taxes.

thierrysf
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Stop Saying you don't need to learn Greek. This is only for people with Golden Visa. People who are coming legally and worked for 7 years can apply for a passport (citizenship) if they have a certain level of Greek knowledge. You don't need Greek for permanent residency only but for having voting rights and public sector jobs you need citizenship.

konnor
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Sander, another great video showing a classy Ritz-Carlton building that is also very affordable. But my dream is still a home Fontvieille and riding my bicycle in the hills of Monaco.

davidlewalski
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Another great video, it's 12.5% corporation tax and not 2.5% corporation tax though, right?

lambrosspyrou
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Im in limassol right now. Amazing place

lawrencef
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Cyprus is a f playground for rich people that live on the expense of the middle class

Poutoksereiseimaigw
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Intresting to hear what he thout. And I guess he thinks that Monaco is also boring, but its there the billionaries are ? also intresting to hear hes thout of some other countrys like Dubai. I agree with him nature food and air quality is very important.

Johndoe-qnjr
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Russian millionaires yes. others not so sure. There is far to much Russian money and influence on the island. I saw it coming and sold at a profit and returned to the UK.. The EU is either unable or unwilling to do anything about it.

MENSA.lady
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Nice place for the uber wealthies to flaunt their wealth like there is no such concept of a tomorrow.Now just to find a harbourside parking spot for my fictitious mega yacht hyper collection and i will be all set, yippee for us!!!

RhedwanRussool
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Love Limassol. The best city in cyprus and maybe in the world.

christosnicolaou
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You have an interesting definition of spacious

lauchgainz
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Do you think at some point the technology sector will grow into hardware manufacturering, (high tech kit, advanced medical systems, photonics and advaced materials etc.) This is what I am looking to do, but would the infrastructure be able to handle it as it does in Israel, for example?

MichaelKay-lphn
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iam from Paralimn but if i was millionaire i love to live in great Rio de Janeiro ❤ LOve to dance 24 hours💃

mariakitsiou