According to the Income Tax Law of 2002, the Cyprus tax
residency- based system constitutes individuals physically spending
over 183 days within a tax year (1st January to 31st December) in
Cyprus (the "183-day rule"), as tax residents in that tax
year.
The above tax residency rule was further amended in January
2017, to include a "60-day rule" whereby, in order for an
individual to be considered a Cyprus tax resident, the following
criteria should be met:
-Does not reside in any other single state for a period
exceeding 183 days in aggregate/not be tax resident in another
state; and
-Reside in Cyprus for at least 60 days; and
-Own property in Cyprus (owned or leased)
-Is employed in Cyprus and/or holds a Cyprus tax resident company
office and/or exercises a business at any time during that tax
year
