Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 26 NOVEMBER 2024

Overview Of The Cyprus Non-Domicile (Non-Dom) Program

GRATA International
Explore more from GRATA International

Launched in 2015, the Cyprus Non-Domicile (Non-Dom) Program offers unique and attractive tax incentives to individuals relocating to Cyprus while maintaining their non-domiciled status. This initiative

CyprusTax
Nasos A. Kyriakides
Nasos A. Kyriakides
Author LinkedIn connections

1. Introduction to the Cyprus Non-Dom Program

  • Overview:
    Launched in 2015, the Cyprus Non-Domicile (Non-Dom) Program offers unique and attractive tax incentives to individuals relocating to Cyprus while maintaining their non-domiciled status. This initiative aims to attract global talent, professionals, entrepreneurs, and high-net-worth individuals (HNWIs).
  • Objective:
    To foster economic growth by offering an enticing tax and residency framework that positions Cyprus as a prime destination for investors and expatriates.

2. Why Choose Cyprus?

  • Strategic Location:
    Cyprus, located at the crossroads of Europe, Asia, and Africa, serves as a strategic hub for business, finance, and investment. Its geographic positioning allows easy access to key global markets.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

You Can Now Be Cyprus Tax Resident In 60 Days Even If Another Country Still Claims You

Cyprus removed a key barrier to its 60-day tax residency rule in January 2026, allowing applicants to qualify even if another country still claims them as tax resident. The change shifts the resolution of competing residency claims from domestic statute to double tax treaty tie-breaker provisions, fundamentally altering how internationally mobile business owners and executives can establish Cyprus tax residency.
CyprusTax
CYAUSE Audit Services Ltd
CYAUSE Audit Services Ltd
Article

Cyprus Corporate Tax Is Now 15%: Who Pays 8 Points Less, And Why Non-Doms Pay More

Cyprus has raised its corporate income tax rate from 12.5% to 15%, but the total tax burden on distributed profits has actually fallen by more than eight percentage points for Cyprus-domiciled shareholders due to a dramatic cut in the Special Contribution for Defence on dividends. However, non-domiciled residents and foreign shareholders now face higher effective rates, fundamentally reshaping the island's tax competitiveness for different investor categories.
CyprusTax
CYAUSE Audit Services Ltd
CYAUSE Audit Services Ltd