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

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  • Опубликовано: 24 дек 2024

Комментарии • 126

  • @sanderrecommends
    @sanderrecommends  Год назад +15

    So do you want to live in Cyprus?

    • @lens_vagabond
      @lens_vagabond Год назад +4

      Nah. Mostly Russians and Easter Europeans. Still a parochial backwater just expensive.

    • @nikolajjovic
      @nikolajjovic 8 месяцев назад

      Da! Bio sam u Februaru u Limasolu, savrsen grad.

    • @sylvie431
      @sylvie431 5 месяцев назад

      Δεν ξέρεις πόσο κακό κάνετε στον κυπριακό λαό.
      Τα άδικα δεν εύλογουνται.

    • @gpapadopoulos
      @gpapadopoulos 4 месяца назад

      @@sanderrecommends Despite all odds, yes!
      Simply because it's my country and I refuse to "sell" it to anyone!

    • @andreaspor1294
      @andreaspor1294 3 месяца назад

      @@sanderrecommends of course is my country my base home. But year to year it changes a lot.

  • @michaelperikleous5488
    @michaelperikleous5488 5 месяцев назад +53

    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!!

    • @gpapadopoulos
      @gpapadopoulos 5 месяцев назад +9

      Because of these people, property prices in Cyprus are artificially inflated and not just in Limassol, all over Cyprus. For example what does Strovolos gas to offer? 350,000 just the land in St Vassilios area?
      And not only that, these tech companies want permit for hiring staff from 3rd countries. KEBE claims that they can't find Cypriots!

    • @apapa5495
      @apapa5495 5 месяцев назад +1

      ...live...

    • @limcrew
      @limcrew 4 месяца назад +3

      As a cypriot i agree too!
      Those big tech companies , Forex industry and whatever approaches milionaires make our life a little more difficult! Especially the housing problem! Its very difficult to afford a small appartment in Limassol. A young couple cannot find an appartment to live and if they find the monthly price is insane! First of all the problem is not the foreigners! The governent didnt realise how difficult is the problem right now especially in Limassol!

    • @MrMediterrano
      @MrMediterrano Месяц назад

      A potential solution would be to shake hands with Turks, Famagusta would be re-opened, the UN-zones would be accessible for development, Turkish part could be connected by high-speed rail-links and the island and the choice of residential areas for all budgets would become much bigger.

  • @gracechadi
    @gracechadi Год назад +15

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

    • @sanderrecommends
      @sanderrecommends  Год назад

      Write back if you like it.

    • @gracechadi
      @gracechadi Год назад +1

      @@sanderrecommends Sure will :)!

    • @MENSA.lady2
      @MENSA.lady2 4 месяца назад

      Great idea for a vacation, but don't consider investing there.

  • @mariosk1016
    @mariosk1016 4 месяца назад +23

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

    • @ButteredPecan17
      @ButteredPecan17 4 месяца назад +1

      Cry

    • @mariosk1016
      @mariosk1016 4 месяца назад +4

      @@ButteredPecan17 pathetic answer

    • @limcrew
      @limcrew 4 месяца назад +1

      Its not their fault, its our goverment fault!

    • @gpapadopoulos
      @gpapadopoulos 4 месяца назад

      @@limcrew Can U elaborate? Please explain. You can't just blame the politicians that we vote(and if you don't vote then you cannot complain IMO) and finished. How it's the government's fault? What is that they do(or don't do)?

    • @limcrew
      @limcrew 4 месяца назад +1

      @@gpapadopoulosnothing is gonna change writing more here so.. i leave it to the people to have a think!

  • @inesskarayianni3873
    @inesskarayianni3873 Год назад +5

    Fantastic video!

  • @thierrysf
    @thierrysf 10 месяцев назад +14

    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.

    • @sanderrecommends
      @sanderrecommends  10 месяцев назад +3

      That's exactly the point. That in Cyprus you can buy for 10,000 Euros something that in Switzerland you can't even find or afford, also because of taxes. Have you seen even one Ritz-Calrton Residence in Switzerland? They don't exist there. And Cyprus offers one of the best tax schemes in Europe today.

    • @ioannistsiatalis1689
      @ioannistsiatalis1689 7 месяцев назад +11

      Seriously you are trying to compare a well organised country as Switzerland is with Cyprus that nothing is working normally?

    • @thierrysf
      @thierrysf 7 месяцев назад +9

      @@ioannistsiatalis1689 this is exactly why real estate in Cyprus should be a hell of a lot less expensive than in Switzerland.

    • @IbeatGTO
      @IbeatGTO 6 месяцев назад +5

      How is the beach in Switzerland?

    • @thierrysf
      @thierrysf 6 месяцев назад +4

      @@IbeatGTO What a tone deaf question. Believe it or not, some people like me have absolutely no interest in a beach and hate hot climates even more.

  • @MichaelKay-lp3hn
    @MichaelKay-lp3hn 8 месяцев назад +2

    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?

    • @sanderrecommends
      @sanderrecommends  8 месяцев назад

      Michael, I have no expertise in this area. The only thing I know is that Israelis are actively investing and developing Cyprus.

    • @OneManCanStopTheMotorOfWorld
      @OneManCanStopTheMotorOfWorld 7 месяцев назад +2

      your kidding right? lmao thats never going to happen in Cyprus I work in tech and this is never gonna happen in Cyprus the infrstructure and talent just isnt there

    • @MichaelKay-lp3hn
      @MichaelKay-lp3hn 7 месяцев назад

      @@OneManCanStopTheMotorOfWorldKidding? We'll see.

  • @davidlewalski2292
    @davidlewalski2292 Год назад +3

    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.

    • @sanderrecommends
      @sanderrecommends  Год назад

      Thank you! Unfortunately there are no Ritz-Carlton Residences in the region yet, but we can always find you a nice flat in Fontvieille with a storage for the bicycle )

    • @livinggood-dt8pt
      @livinggood-dt8pt 4 месяца назад

      Please, please, go to Monaco and leave Cyprus alone.

  • @pn_cy
    @pn_cy 9 месяцев назад +3

    Very well presented!

  • @gehtdirgarnichtsan4178
    @gehtdirgarnichtsan4178 7 месяцев назад +9

    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

    • @sanderrecommends
      @sanderrecommends  7 месяцев назад +1

      Who knows what the future brings. If you don't believe in Cyprus, there is no need to invest or buy property. The protagonist of the video has already made his choice.

    • @JM-dc7es
      @JM-dc7es 4 месяца назад

      Why would you ever need 5 lane highways in a country of 1 mil? I would totally get it if you said trains or trams tho

    • @aristosalekou8300
      @aristosalekou8300 4 месяца назад

      That shows that you have no clue… the five lane highway is not needed since the amount of cars does not require… pharmaceutical companies in Limassol are amongst the largest in the area and they export more that 97% of production. Water is safe to drink from tap and the building regulations in Cyprus are among the strictest and safest because of the earthquake region Cyprus is located…. Maybe study a bit more before spreading your false information.

    • @mariosk1016
      @mariosk1016 4 месяца назад

      @@gehtdirgarnichtsan4178 exactly stop coming

  • @Johndoe-qn9jr
    @Johndoe-qn9jr 11 месяцев назад +5

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

    • @sanderrecommends
      @sanderrecommends  11 месяцев назад

      Why don't you contact an adviser or lawyer in Cyprus? Several well known forex traders are based in Cyprus. Google it.

  • @VenusHoldingsLtd
    @VenusHoldingsLtd 5 месяцев назад +3

    Excellent video promoting Cyprus! 👏

  • @Johndoe-qn9jr
    @Johndoe-qn9jr Год назад +4

    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.

    • @sanderrecommends
      @sanderrecommends  Год назад +2

      Will do my best to film more stories in the future from Monaco and Dubai as well.

    • @Johndoe-qn9jr
      @Johndoe-qn9jr Год назад +1

      @@sanderrecommends Yes more millionaries or even better billionaries to talk to please. Thank You

    • @sanderrecommends
      @sanderrecommends  Год назад +3

      This week I hope, I will show you a villa of a billionaire in Cyprus👌

    • @Johndoe-qn9jr
      @Johndoe-qn9jr Год назад

      @@sanderrecommends very good thank you. What other countrys do you sell houses in Spain ?

    • @sanderrecommends
      @sanderrecommends  Год назад

      I had transactions in Spain, but I'm not a Spanish estate agent and I don't have houses there. I want to make more videos from Spain one day.

  • @GirlGoingGlobal
    @GirlGoingGlobal Год назад +4

    Looks amazing!

  • @lens_vagabond
    @lens_vagabond Год назад +13

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

    • @sanderrecommends
      @sanderrecommends  Год назад

      What would be your choice?

    • @lens_vagabond
      @lens_vagabond Год назад +4

      @@sanderrecommends Build or buy a nice villa in Paphos or for that money, Limassol too lol

  • @dimitriupe
    @dimitriupe 5 месяцев назад +2

    Great video Sander! Well done!!

  • @lambrosspyrou4450
    @lambrosspyrou4450 Год назад +4

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

    • @sanderrecommends
      @sanderrecommends  Год назад

      Corporate tax is 12,5% but special tax incentives for IT companies make the effective rate 2.5%.

    • @lambrosspyrou4450
      @lambrosspyrou4450 Год назад

      Checked this out - it's actually more about corporations that have qualified IP, meaning patents, copyrighted software programs, among other things@@sanderrecommends

  • @konnor9577
    @konnor9577 4 месяца назад +1

    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.

  • @lawrencef8507
    @lawrencef8507 3 месяца назад

    Im in limassol right now. Amazing place

  • @ΠαναγιωτηςΚολοβος-ο3ι
    @ΠαναγιωτηςΚολοβος-ο3ι 5 месяцев назад +11

    Laundry for all kind of clothes...

    • @MarioCrypto7
      @MarioCrypto7 Месяц назад +1

      @@ΠαναγιωτηςΚολοβος-ο3ι ΤΙ απορρυπαντικο προτείνεις? Νέα Σμύρνη καφεδάρες μόνο, ποια Λεμετσο

  • @ME-ls9de
    @ME-ls9de 5 месяцев назад +5

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

  • @RhedwanRussool
    @RhedwanRussool 4 месяца назад +1

    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!!!

  • @rainerzufall9943
    @rainerzufall9943 11 месяцев назад +2

    NIKIBRAH | The God of Hormones ❤

    • @sanderrecommends
      @sanderrecommends  11 месяцев назад

      Yes, he is 😎

    • @sylvie431
      @sylvie431 5 месяцев назад

      ​​@@sanderrecommends Σας εύχομαι ο τριαδικός Θεός μας να σας στείλει από εκεί που ήρθατε.

  • @pruthviraj7912
    @pruthviraj7912 7 месяцев назад +2

    Amazing

  • @MENSA.lady2
    @MENSA.lady2 Год назад +8

    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.

    • @sanderrecommends
      @sanderrecommends  11 месяцев назад +4

      It's common to mix Russians and Russian-speaking people. This guy in the video has nothing to do with Russia.
      Brits are still Cyprus's most active property buyers, with Israelis in second place now. There are more Russian-speaking residents now because of the recent events. Many are now also moving from Germany and Scandinavia.

    • @KyriakosHadjistasou
      @KyriakosHadjistasou 4 месяца назад

      ​​@@sanderrecommendsΔεν έπαψε να είναι αποικία τούς ΑγγλοΑμερικάνους + Εβραίους η Κύπρος κάνουν ό,τι θέλουν καί νοιώθουν καί ασφάλεια! Εκείνοι που χάνουν τίς δουλιές τους καί φθίνουν, πολλοί μεταναστεύουν είναι οί Ελληνοκύπριοι! Μάλλον αντικατάσταση πληθυσμού γίνεται!! Γι'αυτό καί αναπτύσσεται η Λεμεσός!

  • @christosnicolaou2887
    @christosnicolaou2887 5 месяцев назад +4

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

    • @apapa5495
      @apapa5495 5 месяцев назад +2

      Μαμακίες...

    • @ΠαναγιωτηςΚολοβος-ο3ι
      @ΠαναγιωτηςΚολοβος-ο3ι 5 месяцев назад

      Κλαίω...χαχαχα

    • @MarioCrypto7
      @MarioCrypto7 Месяц назад

      @@ΠαναγιωτηςΚολοβος-ο3ι Ρε Παναρα δύναμη, γύρισες νέα Σμύρνη πλατεία τώρα για καφέδες, άσε τα βίντεο για Λιμασολ. Α ρε μαγκα χάθηκες, η Κύπρος δεν είναι για όλους. Είναι για λύκους. Οι σαπιοι γραφικοί ελληναραδες ποντικοί πισω Ελλάδα. Στείλε κάνα μήνυμα να τα πούμε

  • @fernandocoelho2840
    @fernandocoelho2840 Год назад +2

    Wich language they speak there?

  • @Poutoksereiseimaigw
    @Poutoksereiseimaigw 4 месяца назад +3

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

  • @lauchgainz7481
    @lauchgainz7481 9 месяцев назад +4

    You have an interesting definition of spacious

    • @sanderrecommends
      @sanderrecommends  9 месяцев назад

      What is specious for you?

    • @gavnicholson1980
      @gavnicholson1980 3 месяца назад

      1 acre not 157sqm
      He can't even put his socks on from the end of his bed 😂

  • @MasterFX33
    @MasterFX33 4 месяца назад

    you are the best

  • @JaiminMohammad
    @JaiminMohammad 2 месяца назад

    “Spacious apartment” 😂

  • @manosgianniou4995
    @manosgianniou4995 5 месяцев назад +2

    Too expensive for this appartement!

    • @sanderrecommends
      @sanderrecommends  5 месяцев назад

      You find a two bedroom apartment starting from 350-450k in Limassol. But not in Ritz-Carlton residence 🤷🏻‍♂️

  • @manossonomas2931
    @manossonomas2931 4 месяца назад +1

    What in the golden passport is this?

    • @sanderrecommends
      @sanderrecommends  4 месяца назад

      There are no golden passports anymore. Only permanent residency option through investment in real estate or business

  • @mkballer4502
    @mkballer4502 8 месяцев назад +1

    i am confused, this guy is supposed to be a fitness coach but looks like he never trained in his life.

    • @sanderrecommends
      @sanderrecommends  8 месяцев назад

      What's he supposed to look like? Super dried, with protruding veins and abs through his е-shirt?

    • @mkballer4502
      @mkballer4502 8 месяцев назад

      @@sanderrecommends you can easily spot a well trained physique in a T-shirt, so yes that’s exactly right.

    • @NIKIBRAH
      @NIKIBRAH 4 месяца назад

      @@mkballer4502 mein jung du hast echt keine hobbies außer JEDES video von mir zu kommentieren oder? such dir mal andere hobbies in deinem Leben und fass dir mal selbst an die Nase wenn du so krass bist.

    • @mkballer4502
      @mkballer4502 4 месяца назад

      @@NIKIBRAH macht nichtmal Sinn was du sagst. Wo behaupte ich krass zu sein? Du bist der der die Leute abzockt ohne Plan von irgendwas zu haben?

  • @pistonburner6448
    @pistonburner6448 Год назад +3

    They should broadcast this in all of russia and the occupier trenches in Ukraine so they'll all know what they've been paying for.

  • @ACB_602
    @ACB_602 Месяц назад

    Nikibrah der Ganove

  • @mariakitsiou3685
    @mariakitsiou3685 5 месяцев назад

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

  • @Βασίλης45
    @Βασίλης45 5 месяцев назад +1

    🇬🇷🇨🇾❤️

  • @nikolask3875
    @nikolask3875 5 месяцев назад +1

    Because of the tax paradise ofcourse

  • @ΑΘΑΝΑΣΙΟΣΔΑΡΑΒΕΛΙΑΣ
    @ΑΘΑΝΑΣΙΟΣΔΑΡΑΒΕΛΙΑΣ 5 месяцев назад

    Because they are not billioners

  • @madisopabul
    @madisopabul 8 месяцев назад +3

    trash

  • @sylviachristodoulou7339
    @sylviachristodoulou7339 4 месяца назад

    Never in Limassol

  • @meandthepooch68
    @meandthepooch68 6 месяцев назад +6

    Never would I advise anyone to come live in Cyprus or register your busness here
    It's far to expensive and no real tax benefits when I can get zero tax
    None of my busness are registered here or homes it's simply not worth it... TRUST ME