Moving To Cyprus
Once a person decides they are moving to the island nation, has secured a home, and has all of their legal paperwork in place, they are going to be interested in bringing their furniture and keepsakes from home, especially if they are planning on living on the island on in a fairly permanent capacity. Because there are specific rules and regulations that must be adhered to in both the North and South, it is best that new residents to the island use a professional moving company.
There are customs and procedures that must be followed when bringing things into the country. Professional movers will be aware of what paperwork will need to be filed with the local authorities to cover the move and facilitate inspections, and retrieval in a short period of time.
The process is that the investor’s belongings will arrive in a container in Famagusta, still sealed by the company that packed it for you. The investor would then go to Nicosia and get the need forms stating what is in the container. They would proceed to customs, answer some questions and then proceed home where the container will arrive. As long as the property owner is honest with the authorities about what they have brought over, they will not have problem.
New residents to Cyprus will also need to be made aware of what it takes to import their vehicle to the country. Because vehicles are hard to come by, they are sold for higher prices there and many people simply prefer to bring their own used car with them. In order to do this, it must have a valid registration from the home country, and the owner must remain in the country for three months. North Cyprus requires drivers to be insured by TRNC insurance while there.
If the car is to permanently stay in the country there are three other things to consider. The vehicle should be less than five years old unless it is a classic. It must have valid road tax certificate as well as any other required from the home country. Any importing taxes must be paid within twelve months of arrival. This is determined on the engine capacity and value of the car, unless it is deemed a classic. Classic cars (anything over twenty-five years old) have the taxes determined on them based on the price of the car when it was made and the owner will have to provide proof.
Since Cyprus does provide public transportation – buses and taxies – the new resident should weigh the decision of bringing their vehicle with them carefully to avoid paying any undue taxes and levies.