About this Episode

In this episode of Expert Money Matters, host Georgina Eldridge sits down with Chris Zachariou, a Private Wealth Manager for Chase Buchanan in Cyprus. Together, they explore the financial reality of life on the 'Island of Love' and how to navigate its unique tax landscape.

Tune in to discover:

  • The 5% Pension Perk: How foreign pension income can be taxed at a flat rate of just 5%.
  • The 60-Day Rule: How to become a tax resident in just two months by meeting specific criteria.
  • Property Pitfalls: Understanding VAT on new builds and the difference between the 19% and 5% rates.
  • Forced Heirship: Why Cyprus law might dictate who inherits your assets and how to prevent it.
  • The Brexit Gap: Why your trusted UK financial advisor can no longer legally help you once you move.

Whether you are planning to retire to Paphos or are already enjoying the Mediterranean lifestyle, this episode is your essential guide to ensuring your finances are compliant and efficient.