You will still be entitled to one duty free car (although not retiring) if you fulfil certain criteria - i.e have owned the car for at least 6 months, have done a certain about of mileage, can prove that you are becoming permanently resident in Cyprus (property deeds, long term tenancy agreement), and a few other points which escape my mind now. If you fulfil the criteria, you wont have to pay the import duty. However, should you later wish to sell the car you brought over, you will have a lot of hassle/jumping through hoops etc and you will have to pay the duty that would have been due when you imported it. You will have to pay registration fees if you do or do not pay the duty.
If you would like an idea of the duty and registration fees payable, then please email me the make, model, cc, date of first registration and CO2 emmissions of the vehicle and I will work it out for you. Failing that - use these links and see for yourself:
http://www.mof.gov.cy/mof/customs/Customs.nsf/All/1243C6ED164DC922C22572CF001CCAEA?OpenDocument This is a duty calculator from Customs here. Scroll down the page to pint 3.4 and example 2 - there you will find a link to the calculator.
http://www.paphosfinder.com/car/car-registration-fee-cyprus.htm This will let you know the registration fees payable (required to get Cypriot no.plates and tax the car).
Car prices here vary, particularly in the second hand market. You will have to work out how much it will cost you to bring your car over and compare it with prices of new vehicles for sale here. Lots of people will say it is not worth the hassle of bringing your car over - for me it totally depends on the type of car and how much you want to keep it.
Hope the above helps, Simon
Posted on: 07/02/2008 at 09:29