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Cyprus named among Forbes’ best countries for retirement abroad in 2026

Forbes included Cyprus among 24 leading retirement destinations abroad for 2026, citing its climate, healthcare, safety and tax advantages.

Cyprus named among Forbes’ best countries for retirement abroad in 2026
Photo: illustrative photo · Cyprus Inform

Nicosia, Cyprus. Cyprus has been named among Forbes’ 24 best countries for retirement abroad in 2026, with Limassol, Paphos, Pyrgos and Larnaca identified as attractive destinations.


Forbes assessment

The US magazine described Cyprus as a sunny Mediterranean island state where English is widely spoken. It cited the island’s beaches, climate, healthcare, low crime levels and political stability.

Forbes said the cost of living in Cyprus is around one third lower than the US average, while permanent residents can access the public healthcare system.

Residency and taxation

The magazine said English language use across the island was a significant advantage for American retirees.

It described obtaining residency in Cyprus as moderately easy, noting that American retirees can seek a residence permit through retirement income or the purchase of qualifying property.

Forbes also referred to the Cyprus-US tax agreement, which prevents double taxation, as well as other tax advantages available to foreign retirees.

Travel connections

The absence of direct flights between Cyprus and the United States was identified as a disadvantage for American retirees, as return journeys require a connection.

Cyprus is one of 12 European countries included in the 2026 list, alongside Austria, France, Greece, Ireland, Italy, Portugal and Spain.

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