Cyprus
Italy
Cyprus vs Italy
Complete comparison for your tax relocation
Taxation
| Top income tax bracket | 35% | 43% |
| Corporate tax | 12.5% | 24% |
| Capital gains | 0% | 26% |
| VAT | 19% | 22% |
| Tax treaty with France | Yes | Yes |
| Special regime | Non-Dom (exonération dividendes et intérets) | Régime Impatriati (70 % d'exonération) |
| Wealth tax | No | No |
| Territorial taxation | No | No |
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.
Régime Impatriati (70 % d'exonération)
Duration: 5 ans (prolongeable de 5 ans sous conditions)
Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.
Cost of living
| Monthly cost (single) | 1 100 € | 1 200 € |
| Monthly cost (couple) | 1 800 € | 1 900 € |
| City center rent | 850 € | 900 € |
| Outside city rent | 550 € | 550 € |
| Private health insurance | 70 € | 0 € |
| Public healthcare | Accessible | Accessible |
Estimated total monthly budget (single, with city center rent)
Cyprus is approximately 150 € cheaper per month in total.
Quality of life
| Average temperature | 20°C | 15°C |
| Safety | 7/10 | 5/10 |
| Health index | 56/100 | 65/100 |
| Internet | 80 Mbps | 80 Mbps |
| Timezone vs Paris | +1h | +0h |
| French-speaking community | Small | Small |
| Languages | Grec, Anglais, Turc | Italien |
| Currency | Euro (EUR) | Euro (EUR) |
| Corruption index | 53/100 | 56/100 |
| Democracy index | 7.29/10 | 7.69/10 |
Settling in
| Residence permit delay | 2 months | 6 months |
| Company creation | 8 days | 11 days |
| Bank account | Easy | Moderate |
| Political stability | 7.5/10 | 7/10 |
| Ease of business | 54th worldwide | 58th 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)
Italy
- Top IT: 43% | Corp. tax: 24%
- Cost of living: 1 200 €/mo
- Safety: 5/10 | Health: 65/100
- Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
Comparative analysis: Cyprus vs Italy
Which country has lower taxes?
In terms of taxation, Chypre is generally more advantageous. The top marginal income tax rate is 35% compared to 43% in Italie. Corporate tax stands at 12.5% versus 24%. Capital gains are taxed at 0% in Cyprus versus 26% in Italy.
Which country is cheaper to live in?
The cost of living is lower in Chypre. A single person spends about 1 100 EUR/month excluding rent, compared to 1 200 EUR/month in Italie. City center rent averages 850 EUR versus 900 EUR.
Which country is safer?
Chypre scores higher on safety (7/10 versus 5/10). In terms of healthcare, Italie leads with an index of 65/100 compared to 56/100 for Chypre.
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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.