Relocation tax plan in Cyprus

Before you move, we look at your income, company, assets and home country and build one plan: residency route, non-dom, company structure, timing and what to do at home.

OutputWritten plan
CoversResidency, company, exit
Typical time2–3 weeks
Check my case for freeSee the steps
A founder working on a laptop at a cafe terrace in LimassolChecked 29 October 2026

Steps and timeline

  1. 1

    Intake

    Your income, assets, family and plans, including how long you have lived outside Cyprus and who will pay your salary.

    1 call
  2. 2

    Analysis

    Cyprus and home-country rules: which newcomer employment exemption may apply, and how pensions, crypto gains, rent and dividends will be taxed.

    1–2 weeks
  3. 3

    Plan and review call

    Steps and timing, including the deductions you can claim from 2026 for children, rent or mortgage interest and energy-efficiency spending.

    1 week

Official forms explained

Official form: T.D.631 (Τ.Φ.631) · how to fill it in

Who does what

What you do

  • Share your situation and goals
  • Collect documents from home
  • Agree the scope of work in writing

What we do

  • Check the requirements for your case
  • Prepare the documents and file the application
  • Follow up until the decision

Your coordinator

  • Plans the work and next steps
  • Keeps one timeline for everything
  • Reminds you of renewals and deadlines

Common mistakes

  • Starting a Cyprus job without checking the newcomer exemptions. Mixing up the conditions: the 50% exemption needs 15 years of non-residence and pay over €55,000 a year. The 20% one needs at least three years of non-residence and previous employment abroad.
  • Assuming a foreign pension is taxed at the normal bands. You can choose each year between a flat 5% on amounts over €5,000 and the normal bands.
  • Treating short-term platform lets as ordinary rent. Under a Tax Department circular of 13 September 2023 they may count as business income.
  • Expecting the flat 8% rate on mined crypto. It does not apply to crypto assets acquired through mining.

What affects the cost

The price depends on your situation. We explain the scope and expected costs before work begins.

How many years you lived outside Cyprus and the size of your salary: these decide which employment exemption fitsFamily income and number of children: the 2026 allowances are income-testedYour income mix: foreign pension, crypto gains, rent, dividends or a foreign branch

Questions

What tax exemptions are there for new residents in Cyprus?

A first job in Cyprus after 15 years abroad can get a 50% exemption on pay over €55,000 a year for 17 years. People non-resident for at least three years can instead get 20% (up to €8,550 a year) for 7 years. Returning former residents who start work or business between 2025 and 2030 may get 25% (up to €25,000 a year) for 7 years.

How is a foreign pension taxed in Cyprus?

A pension from abroad for work done outside Cyprus is taxed at a flat 5% on amounts over €5,000 (€3,420 up to 31 December 2025). You may choose the normal bands instead, year by year.

How is cryptocurrency taxed in Cyprus?

Gains are taxed at a flat 8%. This does not apply to crypto acquired through mining.

What new tax deductions are there in Cyprus from 2026?

Income-tested allowances of €1,000 to €1,500 per child for each parent. Up to €2,000 for rent or mortgage interest on your main home. And up to €1,000 for energy-efficiency spending or an electric vehicle. Home natural-disaster insurance is deductible up to €500 per person.

Are dividends taxed in Cyprus?

Dividends and interest are exempt from income tax. Special defence contribution applies only to people who are both tax-resident and domiciled in Cyprus.

Is this a one-off?

Yes, then you choose which services to start.

Sources

Figures checked 29 October 2026. Rules change: we confirm them for your case before you act.

Check your case for free

A coordinator replies within one working day with the next steps.

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