Expatriation Cyprus - tax comparison
🇨🇾

Cyprus

VS
Expatriation Greece - tax comparison
🇬🇷

Greece

Cyprus vs Greece

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
35%
🇨🇾 Cyprus
vs
44%
🇬🇷 Greece
Monthly cost (single)
1 100 €
🇨🇾 Cyprus
vs
900 €
🇬🇷 Greece
Safety
7/10
🇨🇾 Cyprus
vs
5/10
🇬🇷 Greece

Taxation

🇨🇾Cyprus
🇬🇷Greece
Top income tax bracket35%44%
Corporate tax12.5%22%
Capital gains0%15%
VAT19%24%
Tax treaty with FranceYesYes
Special regimeNon-Dom (exonération dividendes et intérets)Flat tax 7 % pour retraités étrangers
Wealth taxNoNo
Territorial taxationNoNo
🇨🇾

Non-Dom (exonération dividendes et intérets)

Duration: 17 ans

Les résidents non-domiciliés à Chypre bénéficient d'une exonération totale sur les dividendes et les intérets pendant 17 ans. Combiné avec l'absence d'impot sur les plus-values (hors immobilier chypriote), c'est l'un des régimes les plus avantageux d'Europe.

🇬🇷

Flat tax 7 % pour retraités étrangers

Duration: 15 ans

Les retraités qui transferent leur résidence fiscale en Grece peuvent bénéficier d'un taux forfaitaire de 7 % sur tous leurs revenus de source étrangere (pensions, revenus fonciers, dividendes, intérets). Ce régime est tres attractif pour les retraités français.

Cost of living

🇨🇾Cyprus
🇬🇷Greece
Monthly cost (single)1 100 €900 €
Monthly cost (couple)1 800 €1 500 €
City center rent850 €600 €
Outside city rent550 €400 €
Private health insurance70 €80 €
Public healthcareAccessibleAccessible

Estimated total monthly budget (single, with city center rent)

🇨🇾 Cyprus1 950 €/mo
🇬🇷 Greece1 500 €/mo

Greece is approximately 450 € cheaper per month in total.

Quality of life

🇨🇾Cyprus
🇬🇷Greece
Average temperature20°C18°C
Safety7/105/10
Health index56/10059/100
Internet80 Mbps55 Mbps
Timezone vs Paris+1h+1h
French-speaking communitySmallSmall
LanguagesGrec, Anglais, TurcGrec
CurrencyEuro (EUR)Euro (EUR)
Corruption index53/10049/100
Democracy index7.29/107.56/10

Settling in

🇨🇾Cyprus
🇬🇷Greece
Residence permit delay2 months4 months
Company creation8 days4 days
Bank accountEasyModerate
Political stability7.5/106.5/10
Ease of business54th worldwide79th worldwide

Summary

🇨🇾

Cyprus

  • Top IT: 35% | Corp. tax: 12.5%
  • Cost of living: 1 100 €/mo
  • Safety: 7/10 | Health: 56/100
  • Regime: Non-Dom (exonération dividendes et intérets) (17 ans)
View full profile Cyprus
🇬🇷

Greece

  • Top IT: 44% | Corp. tax: 22%
  • Cost of living: 900 €/mo
  • Safety: 5/10 | Health: 59/100
  • Regime: Flat tax 7 % pour retraités étrangers (15 ans)
View full profile Greece

Comparative analysis: Cyprus vs Greece

Which country has lower taxes?

In terms of taxation, Chypre is generally more advantageous. The top marginal income tax rate is 35% compared to 44% in Grece. Corporate tax stands at 12.5% versus 22%. Capital gains are taxed at 0% in Cyprus versus 15% in Greece.

Which country is cheaper to live in?

The cost of living is lower in Grece. A single person spends about 900 EUR/month excluding rent, compared to 1 100 EUR/month in Chypre. City center rent averages 600 EUR versus 850 EUR.

Which country is safer?

Chypre scores higher on safety (7/10 versus 5/10). In terms of healthcare, Grece leads with an index of 59/100 compared to 56/100 for Chypre.

Related comparisons

Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.