Cyprus
Cyprus has become a top tax destination in Europe thanks to its exceptionally generous non-dom regime. Full exemption on dividends and interest for 17 years, combined with 12.5% CIT and no capital gains tax on securities, attracts many entrepreneurs and investors. The island offers a Mediterranean climate, English as the everyday language (British colonial heritage), and a very competitive cost of living within the eurozone — making it a natural choice for British expats post-Brexit.
Taxation
Income tax brackets
| Bracket | Rate |
|---|---|
| 0 € → 19 500 € | 0 % |
| 19 500 € → 28 000 € | 20 % |
| 28 000 € → 36 300 € | 25 % |
| 36 300 € → 60 000 € | 30 % |
| 60 000 € → unlimited | 35 % |
Corporate tax
12.5 %
Capital gains
0 %
VAT
0 %
Special regime : Non-Dom (exonération dividendes et intérets)
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.
17 ans
Etre résident fiscal à Chypre (183 jours/an ou regle des 60 jours) sans y avoir été domicilié auparavant. Ne pas avoir été résident fiscal chypriote pendant au moins 17 des 20 dernieres années.
- 0 % sur les dividendes pendant 17 ans
- 0 % sur les intérets pendant 17 ans
- 0 % sur les plus-values (hors immobilier chypriote)
- Pas d'impot sur la fortune ni de droits de succession
Visa options
Digital Nomad Visa
digital-nomadDuration: 1 an renouvelable jusqu'à 3 ans
Cost: 70 EUR
Requirements: Revenu mensuel minimum de 3 500 EUR. Travail à distance pour un employeur ou clients hors Chypre. Assurance santé.
Business Facilitation Unit Permit
entrepreneurDuration: Variable, renouvelable
Cost: 500 EUR environ
Requirements: Création d'une entreprise à Chypre dans un secteur stratégique (tech, innovation, shipping). Plan d'affaires approuvé.
Permanent Residence (Fast Track)
investorDuration: Permanent
Cost: 500 EUR (frais administratifs)
Requirements: Investissement immobilier de 300 000 EUR minimum (neuf). Revenu annuel stable de 50 000 EUR minimum provenant de l'étranger.
Living in Chypre
Popular locations among expatriates
Cost of living
Comparison with the French average (vertical line)
Single person
Couple
City center rent
Outside city center rent
Cyprus offers one of the lowest costs of living in the eurozone. A single person can live comfortably on £950/month excluding rent. Rents remain very accessible, especially outside Limassol and Nicosia. Food and dining out are markedly cheaper than in the UK.
Settling in Chypre
Practical indicators to prepare your relocation
Safety & stability
Procedures
Start a business
Cyprus is an EU member, which simplifies relocation for European citizens. For Britons post-Brexit, residence permits are straightforward through the non-dom programme or investor visas. The 60-day rule allows tax residency with limited physical presence (subject to conditions). English is widely spoken thanks to the British colonial heritage, simplifying daily life and business. Limassol has become the main hub for entrepreneurs and tech companies, with a large British expat community.
The Cypriot public health system (GHS/GESY) was reformed in 2019 and now covers all residents through a 2.65% salary contribution. Care quality is improving but remains below Western European standards for complex cases. Private clinics in Limassol and Nicosia offer good care. Many expats combine GHS with private insurance, especially Britons accustomed to NHS-style coverage.
Quality of life
Cyprus enjoys over 320 sunny days per year and remarkable beaches in the eastern Mediterranean. English is everywhere thanks to the British colonial period, which considerably simplifies daily life. The island is safe and offers a relaxed pace of life. Main limitations: small island size, variable internet quality outside major cities, and the political division with the Turkish-occupied north.
Pros and cons
Advantages
- 0% on dividends and interest for 17 years (non-dom)
- 0% on capital gains on securities
- Competitive 12.5% CIT, EU member
- 60-day rule for tax residency
- Low cost of living in the eurozone
- UK-Cyprus tax treaty, English everyday language
Disadvantages
- Geographically isolated and relatively small island
- Internet speed below the European average
- Limited international community outside Limassol
- Political division of the island (Turkish north)
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Verified on January 15, 2025All data on this page comes from public and institutional sources.
FAQ
What is the tax rate in Cyprus?
The top marginal income tax rate in Cyprus is 35%. The corporate tax rate is 12.5%. A special regime exists: Non-Dom (exonération dividendes et intérets).
What is the cost of living in Cyprus?
The monthly cost of living for a single person in Cyprus is approximately 1100 EUR (excluding rent). City center rent costs around 850 EUR per month.
Is there a tax treaty between the United Kingdom and Cyprus?
Check HMRC for the current status of the tax treaty between the United Kingdom and Cyprus.
These results are estimates.
The data presented are estimates and do not constitute tax advice. Consult a professional for your personal situation.