Economy Forcing British Expats To Leave Cyprus

Economy Forcing British Expats To Leave Cyprus

Assessment

Interactive Video

Business

University

Hard

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The video discusses the shift in migration patterns, with many people moving back to Britain from Cyprus due to economic challenges. The real estate market has seen a downturn, trapping many in unsellable properties. The 2013 economic crash led to high unemployment and loss of savings. Despite these challenges, foreign investments from Russia and China are increasing. The cost of living in Cyprus has risen, affecting retirees, but the favorable weather remains a draw.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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