Pink Slip and Money

markedwards206 · 2024-03-11T20:34:35+01:00

Hi Everybody, My partner and I are hoping to emigrate to Cyprus on the temporary residence permit. We have been together for 30 years but have never married. We understand for this reason that each of us would have to put €24,000 into a Cypriot bank every year that we apply. Our plan is to sell up in the UK and live off the interest earned from the sale. My question is, once the yearly amount has been deposited into the Cypriot bank and the permit renewed, can we then take an amount out and put it back into the UK bank to carry on earning interest? Or do you guys know of a simpler way? Move all money to an Expat account for instance. We are a little confused about how best to do this or if we even can. All your help and suggestions would be greatly appreciated Regards, Mark Your help a experiences would be very welcome

Last activity 10 November 2024 by Gordon76

676 Views

41 replies

Post new topic

Gordon76New member10 November 2024 18:15:56

#41

Great stuff posted

What about the non-Government monthly pension earnings of a civil partner ?

Can they be added to the person applying for a pink slip visa ?

Gordon76New member10 November 2024 18:45:47

#42

Hi everybody

My 'civil partner' and myself are looking at the pink slip process and like what we read here thus far

We hope to start the process within the next 12 months

Can my civil partner's monthly pension earnings -- (which are not from a UK Government pension as she worked in a UK Bank) be added to my own monthly earnings which are UK Full Government Pension plus a British Rail pension -- so as to hit the 28,400 Euros threshold ?

Plus is this 28,400 Euros threshold set to go up ?

thanks

Gordon ,

Articles to help you in your expat project in Cyprus

Banking and finance in Cyprus
Opening a bank account is one of the first things you'll need to do in Cyprus. Thankfully, the banking system ...
Raising children in Cyprus
As Cyprus is one of the safest countries in the world, you shouldn't have any worries about raising your kids ...
Driving in Cyprus
As Cyprus is a small island, the best way to get around is by car. But is your drivers license valid in the ...
Leisure activities in Cyprus
One of the reasons an increasing amount of expats chooses Cyprus for their new home is the relaxed pace of living ...
Northern Cyprus holidays
North Cyprus is one of the last unspoilt, most beautiful and popular island holiday destinations in the ...
General visa requirements for Cyprus
If you are planning on a short-term stay in Cyprus, you should know beforehand whether or not you will need a ...
Permanent residency and citizenship in Cyprus
The complexity of staying long-term in Cyprus (for more than 90 days) varies greatly depending on your ...
Travelling to Cyprus
Despite being a small (and partly occupied) country, travelling to the island of Cyprus is quite straightforward. ...