A recent survey conducted by the Homebuyer and Property Investor Show, revealed the top 5 destinations for people planning to retire overseas, they are
1. Cyprus - South
2. Panama
3. France
4. Belize
5. Spain
The survey, in which participants scored the destinations in terms of Income Tax, Inheritence Tax, Property Tax, Property Costs, Ease of Residency, Healthcare, Climate and Culture, places Cyprus at the top and highlights in particular the low tax rate of 5% on pensions for retired residents as a primary reason for its popularity.
Cyprus has been a long term favorite with Overseas retiree's especially from the UK, where the Home from Home appeal is the stongests. The very low crime rate, the lack of congestion and warm rather than hot climate are amongst the top reasons that makes Cyprus a safe and easy choice for those looking spend their retirement overseas.
