Addressing party delegates at UKIP's Spring conference today, he believes the party can "mount a serious, credible campaign in the 2015 general election".
Nigel Farage has said that the situation in Cyprus has surpassed even his "direst of predictions".
He said it was "astonishing" that the Cypriot government had "stooped to stealing money from people's bank accounts".
UKIP leader Nigel Farage has said it is "not racist" to talk about immigration policy.
He said UKIP is in favour of only granting benefits to those who have been in the country for five years or more and paid taxes over that period.
UKIP leader Nigel Farage is addressing supporters at his party's spring conference in Exeter.
He called on the audience to give an "Eastleigh roar" - to celebrate the party's strong finish in the Eastleigh by-election last month - but stressed that the result was not a "one-off".
Nigel Farage will speak at UKIP's spring conference in Exeter today, saying that the public are angry with the failure of the three mainstream parties to deal with key issues.
The party is hoping to make a big breakthrough in local and European elections in May, and Farage will tell the party it is competing on a "bigger scale" than ever before.
Farage will list a range of areas - from Europe Union membership to cost of living and an obsession with renewable energy - where the public feels "incredibly let down".