Cyprus Tax Residency for Digital Nomads (Non Domicile)

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Are you a digital nomad, entrepreneur, or expat who wants to acquire a tax residency in Europe? The Cyprus Tax Residency or Non-Dom Tax in Cyprus service might be the perfect choice for you.

Our service helps individuals take advantage of Cyprus's favorable tax regime for new tax residents. Cyprus offers an attractive option for non-domiciled individuals to significantly reduce their overall tax burden on worldwide income and assets. Sounds great, right? The non-domicile status and the 60-day tax residence make Cyprus an ideal option for remote workers.

Who is this service for?
🇨🇾 This service is ideal for high-net-worth individuals and families looking to legally minimize their tax liabilities while enjoying the benefits of residing in the European Union. It is particularly appealing for those with significant income from investments, businesses owned outside of Cyprus, or other portable sources.

What are the requirements to become a Non-Domicile Tax Resident in Cyprus?
🇨🇾 To be considered a non-dom in Cyprus, you must not have been a tax resident of Cyprus for at least 20 consecutive years before the tax year in question. You also should not intend to permanently reside in Cyprus when taking up tax residency.

What are some benefits of the service and tax residency in Cyprus?
• Potentially 0% tax on dividends, interest, and capital gains for non-doms
• Low personal income tax rates capped at 19% after allowances
• No inheritance/wealth taxes for assets held outside of Cyprus
• Favorable tax treatment of new businesses or investment income in Cyprus
• Residence in the EU with an excellent quality of life
• Legally reduce your overall global tax burden in a tax-compliant manner

Why hire us?
🇨🇾 Our verified legal team has extensive expertise in Cyprus tax law, residency rules, and structuring arrangements to maximize tax efficiency for non-doms. We will assist you in establishing residency qualifications and optimally structuring your assets and income sources.

Let's help you get all the tax advantages in Cyprus. Contact us by clicking on 'Chat now'.

Price does not include VAT. Includes the yellow slip and personal tax ID.

Included in this service

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Document Preparation and Submission

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Tax Department Communication

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Application Advice (Requirements and Procedures)

Pricing Breakdown

Price breakdown for all categories of services.

Consultation Call

Free

Full Service

$780

Frequently Asked Questions

Users ask this questions about this service.

  • Consultations call can be rescheduled but will not be refunded.
    All Governments do not refund any application fees, so they are not refundable

  • A non-domiciled (non-dom) individual is someone who is residing in a country but is considered not to be permanently settled or "domiciled" there under the local tax laws.

  • In Cyprus, non-doms are exempt from tax on dividends, interest, and capital gains derived from sources outside of Cyprus. They also benefit from a maximum 19% personal income tax rate after allowances. This allows significant tax savings compared to other high-tax countries.

Anastasia

Anastasia V.

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