Options For UK Residents Considering Relocating To Cyprus

Introduction

Major UK tax changes took effect  from April 2025. These include the introduction of a residence‑based tax system replacing the non‑dom regime, changes to capital gains tax reliefs, the treatment of furnished holiday lets as standard property, and the continued freezing of personal allowances and thresholds for the 2025/26 tax year. Further changes are anticipated, including dividend tax increases planned for 2026.

As a result, any UK residents, including former non‑doms and long‑term UK taxpayers, are reviewing alternative jurisdictions to optimise their tax position. Cyprus therefore comes into the picture as a pleasant, warm and attractive destination. Cyprus offers appealing tax incentives for both corporates and individuals, high quality public and private healthcare services, advanced service infrastructure, and a reasonable cost of living.