TAX FACTS
Cyprus Tax Residency
Secure Your Global Tax Advantage with Cyprus Tax Residency
Cyprus Tax Residency offers you a secure way to achieve your global tax advantage. Do you want to enhance your worldwide tax position while protecting your family assets and optimizing your EU tax position?
Tax residency in Cyprus offers substantial benefits to non-doms (Cyprus non-dom status), including tax-free dividends and interest, no inheritance tax, and easy market and lifestyle access throughout Europe.
Get in touch today for a private consultation and find out if you qualify.
Cyprus Tax Residency Rules
Cyprus tax residency allows business people, professionals, and high-net-worth individuals to benefit from Cyprus’s income tax advantages on worldwide personal income.
183-Day Rule
If you are physically present in Cyprus for more than 183 days in a tax year (January 1st–December 31st), you are considered a Cyprus tax resident for that year.
60-Day Rule
Since January 2017, you may also qualify for Cyprus tax residency under the 60-day Rule, provided all the following conditions are met:
- You do not stay in any other country for more than 183 days in the same tax year and are not tax resident elsewhere;
- You remain in Cyprus for at least 60 days in the tax year;
- You exercise business, are employed, or hold an office in Cyprus during the year;
- You maintain (own or lease) a permanent home in Cyprus;
- Your business/employment/office in Cyprus must not be terminated during the tax year.
How Days Are Counted
- Day of departure from Cyprus: counts as a day of residence outside Cyprus
- Day of arrival in Cyprus: counts as a day of residence in Cyprus
- Same-day arrival and departure: counts as a day in Cyprus
- Same day departure and arrival: counts as a day outside Cyprus
Unlock the Advantages of Cyprus Non-Dom Status
Ready to benefit from Cyprus tax residency and its unique non-dom advantages?