Europe · Mediterranean

Cyprus

An EU member with a 60-day tax residency test, a 17-year non-dom exemption from tax on dividends and interest, and — after the 2026 reform — a 15% corporate rate that buys OECD respectability at the cost of its old headline advantage.

Last verified July 2026171 visa-free destinations

Tax position

Income tax (top)
35% above EUR 72,000 (from 1 January 2026; tax-free threshold raised to EUR 22,000)
Capital gains
20%, but only on Cyprus-situs immovable property and shares in property-rich companies; gains on securities are exempt. From 2026 the property-rich threshold falls from 50% to 20% and lifetime exemptions rise (EUR 30,000 general, EUR 50,000 agricultural land, EUR 150,000 primary residence)
Wealth tax
none
Inheritance tax
none (abolished 2000)
Special regime
Non-domiciled status: 17 years' exemption from Special Defence Contribution on dividends and interest, extendable from 2026 by two further 5-year periods at EUR 250,000 each. IP Box: 80% exemption, ~3% effective from 2026. 8% flat rate on crypto gains and approved share-scheme remuneration
Territorial
No — worldwide income taxed
CFC rules
Yes
Exit tax
Yes — leaving has a cost
CRS
Participating

Closed — listed so you do not chase them

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