Cyprus: tax residency, rates & nomad visa

Tax residency rules in Cyprus

As of 2026, Cyprus’s tax-residency test centres on a presence threshold of 183 days^ⓘPwC Tax Summaries“individuals who spend more than 183 days in any one calendar year in Cyprus, without any further additional conditions/criteria being relevant.”View source · accessed 2026-08-09. Spending more than 183 days in Cyprus in a calendar year makes you tax resident, no further conditions.

Tax residency overview

An individual is Cyprus tax resident if EITHER the 183-day rule OR the 60-day rule is met (tax year = calendar year). [source]PwC Tax Summaries“An individual is a tax resident of Cyprus if one satisfies either the '183-day rule' or the '60-day rule' for the tax year.”View source · accessed 2026-08-09

Rule 60 day

60 days (as of 2026)^ⓘPwC Tax Summaries“reside in Cyprus for at least 60 days”View source · accessed 2026-08-09 — 60-day rule cumulative conditions per PwC 2026; the 'not tax resident in any other state' condition no longer applies from 1 Jan 2026.

Non domicile concept

Without a Cyprus domicile-of-origin, an individual is deemed domiciled (SDC-liable) after 17 years of Cyprus tax residence in the last 20. [source]PwC Tax Summaries“the individual has been a tax resident of Cyprus for a period of at least 17 years out of the last 20 years”View source · accessed 2026-08-09

Income tax rates in Cyprus

As of 2026, the headline personal income tax rate in Cyprus is 35%^ⓘPwC Tax Summaries“72,001 and above: 35%”View source · accessed 2026-08-09. Top marginal PIT rate of 35% applies to income above EUR 72,000 (tax year 2026).

Pit tax free threshold

EUR 22,000 (as of 2026)^ⓘPwC Tax Summaries“0 to 22,000 EUR: 0%”View source · accessed 2026-08-09 — PwC shows first EUR 22,000 taxed at 0% for tax year 2026; the pre-reform tax-free threshold was EUR 19,500. Verify against final 2026 legislation.

Special defence contribution

SDC applies only to Cyprus-domiciled tax residents; non-residents and non-doms are exempt. Dividends 5% (from 2026), interest 17%, rental exempt from 2026. [source]PwC Tax Summaries“Non-tax residents are exempt from SDC for all their income”View source · accessed 2026-08-09

Pit bands

0–35% (as of 2026)^ⓘPwC Tax Summaries“72,001 and above: 35%”View source · accessed 2026-08-09 — Progressive PIT bands per PwC, tax year 2026.

Capital gains tax

20% (as of 2026)^ⓘPwC Tax Summaries“CGT at the rate of 20% is imposed on gains arising from the disposal of immovable property situated in Cyprus”View source · accessed 2026-08-09 — CGT at 20% only on Cyprus immovable property (and related company shares); gains on listed shares/most securities are outside scope.

Special tax regimes in Cyprus

17 years (as of 2026)^ⓘPwC Tax Summaries“the individual has been a tax resident of Cyprus for a period of at least 17 years out of the last 20 years”View source · accessed 2026-08-09 — Non-domiciled tax residents are exempt from SDC on dividends, interest and rental income for up to 17 years of Cyprus residence.

Exemption 20 percent

20% exemption (as of 2022)^ⓘPwC Tax Summaries“20% exemption on remuneration (up to a maximum amount of exemption of EUR 8,550 per annum)”View source · accessed 2026-08-09 — 20% exemption (max EUR 8,550/year) for first Cyprus employments starting after 26 Jul 2022; 7-year duration; cannot combine with 50% exemption.

Exemption 50 percent high earners

50% exemption (as of 2026)^ⓘPwC Tax Summaries“50% exemption on remuneration applies for 'first employment' exercised in Cyprus by individuals who were not resident in Cyprus”View source · accessed 2026-08-09 — 50% exemption on employment income exceeding EUR 55,000/year for first Cyprus employment; up to 17 years; prior 15-year non-residence required.

Ip box note

Cyprus has an IP box, but it applies at company level (effective rate well below the 12.5% CIT); not directly relevant to personal income taxation. [source]PwC Tax Summaries“The document focuses on employment income exemptions rather than intellectual property taxation incentives.”View source · accessed 2026-08-09

Digital nomad visa in Cyprus

Yes (as of 2026)^ⓘKPMG Cyprus“a ceiling of 500 residence permits to be issued”View source · accessed 2026-08-09 — KPMG cites the original ceiling of 500 permits; the cap was subsequently raised to 1,000 (announced Oct 2025). Confirm current ceiling with the Deputy Ministry of Migration.

Nomad visa income requirement

EUR 3,500 / month (as of 2026)^ⓘKPMG Cyprus“prove that they have stable and sufficient monthly net income of at least €3.500”View source · accessed 2026-08-09 — Minimum stable net monthly income of EUR 3,500; increased for accompanying family members.

Nomad visa tax treatment

The visa is immigration status, not tax status; staying over 183 days makes the holder Cyprus tax resident, then non-dom SDC benefits can apply. [source]PwC Tax Summaries“An individual is a tax resident of Cyprus if one satisfies either the '183-day rule' or the '60-day rule' for the tax year.”View source · accessed 2026-08-09

Nomad visa duration

3 years (as of 2026)^ⓘKPMG Cyprus“the right of residence in Cyprus for 1 year, with a possibility of renewal for a further 2 years”View source · accessed 2026-08-09 — Residence permit valid 1 year, renewable for a further 2 years (3 years maximum).

Frequently asked questions

Sources

• PwC Tax Summaries individual / residence · big4, accessed 2026-08-09
• PwC Tax Summaries individual / taxes on personal income · big4, accessed 2026-08-09
• PwC Tax Summaries individual / income determination · big4, accessed 2026-08-09
• PwC Tax Summaries individual / other taxes · big4, accessed 2026-08-09
• KPMG Cyprus tax alerts / cyprus digital nomad visa scheme.html · big4, accessed 2026-08-09

Explore more

• Other verified guides: Georgia · Portugal · Spain · United Arab Emirates
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• Planning your days in Cyprus? Track them with the free 183 Days residency tracker — it checks your travel log against verified thresholds like the ones on this page.

When to talk to an advisor

This page maps Cyprus’s general rules — it cannot weigh your treaty position, your family and asset ties, or the timing of a move. If meaningful money depends on the answer, have a qualified advisor in Cyprus (and in your home country) review your situation before you act.