What are the expenses in Cyprus besides Tuition Fees

What are the expenses in Cyprus besides Tuition Fees?

What are the expenses in Cyprus besides Tuition Fees

For those who are preparing to come to Cyprus, here is a breakdown of the costs incurred after arrival:

Expense CategoryDetailsApproximate Cost
House Rent & Security DepositWhen moving into a room, you need to pay 1 month's rent + 1 month's advance (security deposit).Approximately: €250–€400
House AgreementIf the landlord does not provide a house agreement, you have to purchase one yourself.€100–€200
Residence Permit (Pink Slip) ProcessMedical Test, Biometric, Immigration Fee, Health Insurance, etc.Approximately: €250–€500
(Note: Some universities/colleges like CDA, Philips include this with the tuition fee).
Bank Guarantee DepositTo activate an account in many banks in Cyprus, a deposit of €850-1000 is required. This money is blocked in your name and is refundable later.€850–€1000 (Refundable)
Local Sim & Internet SetupApproximately: €10–€20
Bank Account Setup (excluding deposit)Often, there is no separate charge for opening an account, but some banks have small fees.Approximately: €0–€50
Bus/Local Transport (optional)Approximately: €20–€40/month
Food & Groceries (1st Month)Approximately: €100–€150

In Summary: Total first-month expenses in Cyprus (excluding tuition and bank deposit):

Approximately: €700–€1000

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