Cyprus

Western Asia · CY · 69 treaties

Tax profile

Common questions

How long does it take to become a tax resident in Cyprus?

You can become a tax resident in Cyprus by staying for 183 days.

Does Cyprus have a capital gains tax?

Cyprus has a capital gains tax, but specific rates for different assets are not detailed in the provided data.

What is the standard VAT rate in Cyprus?

The standard VAT rate in Cyprus is 19%.

What makes you a tax resident — and how hard it is to stop being one.

• 183+ days in Cyprus in a tax year
• 60+ days in Cyprus plus no other country over 183 days
• not tax resident in any other country
• Cyprus business, employment, or director role
• permanent home in Cyprus (owned or rented)

Leaving is generally straightforward if you fall only under the day-count rules, but the 60-day rule has continuing tie conditions and a permanent home requirement that must stop to end residency cleanly. Cyprus also has a separate long-term domicile concept for special defence contribution, which can keep some taxpayers within the rules beyond mere physical departure.

Source: PwC Tax Summaries

Tax treaty network (82)

In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.