Expatriation Cyprus - tax comparison
🇨🇾

Cyprus

VS
Expatriation Thailand - tax comparison
🇹🇭

Thailand

Cyprus vs Thailand

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
35%
🇨🇾 Cyprus
vs
35%
🇹🇭 Thailand
Monthly cost (single)
1 100 €
🇨🇾 Cyprus
vs
700 €
🇹🇭 Thailand
Safety
7/10
🇨🇾 Cyprus
vs
6/10
🇹🇭 Thailand

Taxation

🇨🇾Cyprus
🇹🇭Thailand
Top income tax bracket35%35%
Corporate tax12.5%20%
Capital gains0%0%
VAT19%7%
Tax treaty with FranceYesYes
Special regimeNon-Dom (exonération dividendes et intérets)Long-Term Resident (LTR) Visa
Wealth taxNoNo
Territorial taxationNoYes
🇨🇾

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.

🇹🇭

Long-Term Resident (LTR) Visa

Duration: 10 ans

Le visa LTR lancé en 2022 offre un taux forfaitaire de 17 % sur les revenus thailandais pour les professionnels hautement qualifiés, et une exonération totale sur les revenus de source étrangere pour certaines catégories (retraités fortunés, investisseurs).

Cost of living

🇨🇾Cyprus
🇹🇭Thailand
Monthly cost (single)1 100 €700 €
Monthly cost (couple)1 800 €1 100 €
City center rent850 €500 €
Outside city rent550 €300 €
Private health insurance70 €80 €
Public healthcareAccessibleAccessible

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

🇨🇾 Cyprus1 950 €/mo
🇹🇭 Thailand1 200 €/mo

Thailand is approximately 750 € cheaper per month in total.

Quality of life

🇨🇾Cyprus
🇹🇭Thailand
Average temperature20°C28°C
Safety7/106/10
Health index56/10078/100
Internet80 Mbps200 Mbps
Timezone vs Paris+1h+6h
French-speaking communitySmallSmall
LanguagesGrec, Anglais, TurcThai, Anglais
CurrencyEuro (EUR)Baht (THB)
Corruption index53/10036/100
Democracy index7.29/106.35/10

Settling in

🇨🇾Cyprus
🇹🇭Thailand
Residence permit delay2 months2 months
Company creation8 days6 days
Bank accountEasyModerate
Political stability7.5/105.5/10
Ease of business54th worldwide21th 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
🇹🇭

Thailand

  • Top IT: 35% | Corp. tax: 20%
  • Cost of living: 700 €/mo
  • Safety: 6/10 | Health: 78/100
  • Regime: Long-Term Resident (LTR) Visa (10 ans)
View full profile Thailand

Comparative analysis: Cyprus vs Thailand

Which country has lower taxes?

In terms of taxation, Chypre is generally more advantageous. The top marginal income tax rate is 35% compared to 35% in Thailande. Corporate tax stands at 12.5% versus 20%.

Which country is cheaper to live in?

The cost of living is lower in Thailande. A single person spends about 700 EUR/month excluding rent, compared to 1 100 EUR/month in Chypre. City center rent averages 500 EUR versus 850 EUR.

Which country is safer?

Chypre scores higher on safety (7/10 versus 6/10). In terms of healthcare, Thailande leads with an index of 78/100 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.