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Cyprus Blog

Cyprus… More than sun, sea, and sand.

Welcome to our Cyprus Blog, your starting point for everything you want to know about this sunny island.

Whether you're looking to emigrate, invest, start a business, or simply seek tips and inspiration for your next vacation or road trip, you'll find a wealth of information about the island here.

Taxes

Business and Tax

Cyprus offers one of the lowest tax rates in Europe. Discover how to set up your business and take advantage of tax benefits.

Cyprus Tax Reform 2026: Everything you need to know

The die is cast: Parliament has officially approved the tax reform for 2026. The mandatory dividend distribution (DDD) is being abolished, and the tax on dividends is falling from 17% to 5%. The 0% status is retained for non-doms. Read our complete analysis of the new law here.

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Travel & Road Trips

Traveling in Cyprus

From beautiful beaches to historic sites, Cyprus has it all. Get inspired by our travel tips and discover hidden gems and road trips.

Road trip & Tour Cyprus – Discover the most beautiful of the island

A road trip through Cyprus is the best way to truly experience the island: from sun-drenched beaches to mountain villages and cultural city centers, everything is within easy reach. You combine breathtaking nature and the Mediterranean lifestyle with easy mobility, making it ideal for a road trip of 8 to 14 days. Whether you choose coastal relaxation, historical sights, or active hikes—Cyprus offers it all.

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Renting a car in Cyprus: Everything you need to know for a carefree trip

This page shows that a rental car is virtually indispensable for exploring the island properly. Taxis are more expensive and public transport is limited. You drive on the left, and as an EU citizen, you need a European driving licence, a deposit or credit card, and preferably insurance against damage. Expect budget prices starting from around €15-25 per day in the low season, and an alternative such as car sharing for short periods is also available (from around €5-8 per hour). Book well in advance, check the insurance, and make a video (360-degree tour) of the car before departure to avoid disputes afterwards.

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All blog posts from Cyprus-consult

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All blog posts from Cyprus-consult

Exit Tax Cyprus

Although Cyprus has been obliged under the European ATAD Directive since 2020 to apply an Exit Tax on unrealized capital gains upon the transfer of business assets or the tax

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