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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.

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What insurance do you need in Cyprus?

When living or working in Cyprus, you are required to have at least social security and participate in the national healthcare system (GESY). If you own a car, third-party liability insurance is mandatory; if you are an employer, liability insurance for your staff is required; and if you buy or rent a home, fire/home insurance is strongly recommended. In addition, there are several recommended supplementary insurance policies for added security: think of private health insurance, professional liability, income protection, general liability, travel and life insurance, cyber insurance, and, specifically for real estate investors, landlord/property insurance.

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31/01/2025

The Cyprus “NON-DOM Status”: What is it and how does it work?

Cyprus Non-Dom status is a tax-favorable arrangement for those who establish themselves as tax residents in Cyprus without being officially domiciled there. Those who meet the conditions enjoy an exemption from tax on dividends, interest, rental income, and capital gains for up to 17 years. Thanks to this status, you pay no inheritance or wealth tax and only 15% corporate tax. Ideal for entrepreneurs, freelancers, and investors who want to reduce their tax burden while simultaneously enjoying the Mediterranean lifestyle and freedom that Cyprus offers.

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22/12/2024

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.

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  • General News
  • Business and Tax
  • Living and working in Cyprus
  • Traveling in Cyprus
  • Practical information

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