A bit more food for thought here:
Start Up costs will be your worst nightmare and need to be considered in any event, it's not just about having the costs of a return flight in your pocket....
I always recommend having enough money with you to withstand you for 12 months without any income so you will need to allow for: rent (usually 2 months in advance), electricity supply deposit (not sure what it is now but think it was around Cy£75 in 2004), telephone connection deposit (around EUR 150), you will most certainly need a car so allow for at least EUR 2,000 - 3,000 for a reasonable second hand one.
Internet access isn't cheap in Cyprus. We pay around EUR 70 per month for 6mb broadband, telephony supply / calls plus TV connection with PrimeTel. Electricity bills come every 2 months and I think Cyprus is the highest priced country for electricity costs!
Hot water comes free with the sun - as long as you get a property that has solar panels. Believe it or not, not all properties have them so watch out particularly for new build apartments! Some developers don't affix solar panels which means you need to use the immersion heater...
It's not all sun, sea and shangri la
We came for a more relaxed pace of lifestyle and that's what we have. We socialise more than we did in UK and we do actually have more money in our bank balance at the end of every month, whereas we were almost always in overdraft in UK. We run 2 cars here (only 1 in UK) and have no bank loans or overdraft.
In the summer you can still go to the beach around 6pm for a swim then chill out with a beer afterwards before it goes dark. You can go down to the beach cafes for lunch in the winter months as daytime temperatures are still fairly pleasant.
Work wise - a lot of companies operate a "split shift" which means you may be expected to go home for a couple of hours at lunch time and then return to work from about 3 or 4pm for another 2 or 3 hours. Hence the need for transport.
It's recommended not to live more than 20 minutes drive or so away from your place of work in Cyprus. Nobody likes to drive more than that, particularly in the hottest summer months and
legitimate employers will seriously consider where you live in line with where you are looking to work.....
The saying in Cyprus and one most definitely to be remembered is "siga, siga" (slowly, slowly) - nothing happens overnight here but sometimes delivery services will surprise you! Unlike UK there is no fixed day, date or time for items to be delivered....