Cyprus offers a clear, legal path to dramatically lower taxes — without giving up EU membership, stability, or quality of life. Here’s how it works.
Most countries require 183 days to establish tax residency. Cyprus offers an alternative: spend just 60 days a year on the island and you qualify as a Cyprus tax resident — as long as you don’t have tax residency anywhere else.
This makes Cyprus uniquely flexible for founders and investors who travel constantly or split time across multiple countries.
The 60-day rule is an alternative to the standard 183-day rule — not a loophole. It was designed specifically to attract internationally mobile professionals.
Once you’re a Cyprus tax resident, non-dom status exempts you from Special Defence Contribution — the tax on dividends, interest, and rental income. For 17 years.
In practice: dividends from your Cyprus company flow to you tax-free. Interest on savings, tax-free. Rental income from abroad, tax-free.
Cyprus offers a fast-track permanent residency program for investors. A qualifying investment of €300,000+ gets you and your family permanent EU residency — with no requirement to live there full-time.
PR is separate from tax residency. You can hold Cyprus PR without being a tax resident — and vice versa. Many clients pursue both.
A Cyprus private limited company gives you access to the full tax framework — 15% corporate tax, the IP Box at 2.5%, and the ability to pay yourself dividends tax-free under non-dom status. It’s also a requirement for the 60-day rule.
From first conversation to fully structured Cyprus residency, here’s a realistic timeline.
We assess your situation — income sources, current residency, goals. You get a clear picture of what’s possible and what it costs.
Day 1We handle incorporation of your Cyprus private limited company. You receive your certificate of incorporation and company details.
1–2 weeksSecure a Cyprus address (rented or purchased) and open a Cyprus bank account. Both are required for tax residency registration.
2–4 weeksRegister as a Cyprus tax resident with the Tax Department. Apply for your Tax Identification Code (TIC) and non-dom status.
2–4 weeksIf pursuing PR, we identify qualifying property or investment, handle the application, and submit to the Civil Registry and Migration Department.
2–3 monthsCyprus company operational, tax residency confirmed, non-dom status active. You’re ready to benefit from the full framework.
~3 months totalBook a free consultation. We’ll walk through your situation and map out exactly how the Cyprus framework applies to your income and goals.