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FAQ
What is the Standard of Living in Cyprus? Cyprus enjoys a high European standard of living whilst the cost of living remains relatively low. Crime in Cyprus is very low. The Police are quite efficient and very helpful.
What Currency is used?
The currency of Cyprus is the Cyprus Pound (£), which is divided into 100 cents.
Bank Notes - Cyprus Pounds: £20, £10, £5 and £1.
Coins: 50 cents, 20 cents, 10 cents, 5 cents, 2 cents, 1 cent.
What type of Banking System is there?
The banking system is based on the British System. There are many International Banks offering a wide range of services in Cyprus Pounds and Foreign Currency. Most credit cards are accepted.
What is the Legal System?
The Legal System is also based on the British System. The Land Registry Department in Cyprus is very advanced and all paperwork is in English. Legal fees are very reasonable.
What is the Standard of Education?
The Education System in Cyprus is of a very high standard. Apart from the public schools, private elementary and secondary schools cater for English and other European language speaking students.
The Higher Education is provided by both Public and Private Institutions.
The University of Cyprus, as well as a number of private English Language Colleges, offers undergraduate courses in Business Studies, Marketing, Economics, Computer Science, etc. which are recognised worldwide.
The University of Cyprus is now in its 10th year of operation with over 2,000 students, offers Studies/Degrees in:
a) Humanities and Social Sciences
b) Pure and Applied Science
c) Economics and Management
d) Faculty of Letters
What is the Medical System like?
The medical system in Cyprus is very advanced. Medical care is offered through public and private Hospitals and Clinics with most hospitals having Accident and Emergency Departments.
Additionally, there are many polyclinics run by doctors of various specialisations. Specialist doctors, dentists and general practitioners also run their own clinics. The fees are very low compared to European ones.
The medical equipment used throughout hospitals and clinics are of the latest technology.
Pharmacies are widely spread and the latest pharmaceutical products are available.
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