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Living in Europe and benefiting from a zero tax rate is possible for a non-domiciled tax resident of Cyprus<\/strong>. This status may suit you if several conditions are met:<\/p>\n you were not an EU citizen by birth but have become a tax resident of Cyprus;<\/p>\n<\/li>\n you live on the island for at least 60 days per year and must either own a business or be employed in Cyprus,<\/p>\n<\/li>\n or<\/strong> you live in Cyprus for more than 183 days per year without any employment requirements;<\/p>\n<\/li>\n you are a happy owner of, or a long-term tenant of, real estate on the island.<\/p>\n<\/li>\n<\/ul>\n There are two categories of Cypriot tax residents:<\/p>\n The classic option<\/strong>: if you reside in Cyprus for 183 days per year.<\/p>\n<\/li>\n The modern option<\/strong>: suitable for highly mobile individuals who frequently travel around the world. In this case, the key requirement is not to be a tax resident of any other country.<\/p>\n<\/li>\n<\/ul>\n The Cypriot government simply needs to be sure that the island is your genuine base and home.<\/p>\n If all of the above applies to you, feel free to call or write to us. We will not only explain all the nuances and details, but also help you obtain citizenship and non-domiciled tax resident status in Cyprus.<\/p>\n Note: The content of this article is relevant at the time of its first publication. It is intended to provide general information on the topic and does not constitute legal advice. We recommend seeking professional advice regarding your specific matter before taking action based on the information presented. For more information or consultation, please contact our tax experts by email at\u00a0<\/span><\/i>contact@mainpartnertrust.com<\/span><\/i><\/a><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":"\n
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