Tax Residency in Cyprus Cyprus offers flexible and advantageous tax residency options for international individuals and entrepreneurs. Below, we explore the main routes to tax residency and how they can benefit you. 60-Day Tax Residency Rule Non-Domiciled (Non-Dom) Tax Status Comparison & Best Use Cases Become a Cyprus Tax Resident in Just 60 Days… Read More
Comparing the 60-Day Rule and Non-Dom Status in Cyprus: Which One Is Right for You? Cyprus offers two powerful tools for international individuals looking to reduce their tax burden and enjoy a flexible, business-friendly lifestyle in the EU: The 60-Day Tax Residency Rule The Non-Domiciled Tax Status (Non-Dom Regime) Although they’re often mentioned together, these… Read More
Become a Cyprus Tax Resident in Just 60 Days Did you know you can become a Cyprus tax resident by spending just 60 days a year in the country? Thanks to a law passed in July 2017, individuals who meet certain conditions can now enjoy tax residency in Cyprus — without needing to stay for… Read More
Should I Become a Cyprus Tax Resident – Non-Domiciled? If you're looking to optimise your tax planning and live or do business in a low-tax EU jurisdiction, becoming a Cyprus tax resident and non-domiciled individual may be the perfect solution. Since July 2015, Cyprus offers generous tax benefits to individuals who qualify as tax residents… Read More
The Minister of Finance has stated recently that the model where Cyprus encouraged the opening of bank accounts of companies, that had just deposits at the banks, with no physical presence is no more welcomed. He said that “This is over, its finished. Even if we wanted to continue with such a model we can’t,… Read More
In our last article "Should I become a Cyprus tax resident, non-domiciled?" we explained the advantages , especially those related to tax benefits, for those foreign individuals that consider to become Cyprus tax resident. In this article we go through the evidence that will need to be available in order to present to the tax… Read More