Are you considering moving to Cyprus? Then let's leave the bureaucratic red tape behind. Whether you are an entrepreneur, crypto investor, or digital nomad, moving to Cyprus is the ultimate upgrade for your wealth and lifestyle.
We offer a complete relocation strategy from A to Z: from arranging your visa (EU or non-EU) and activating your non-domestication status (0% tax on dividends) to finding real estate entirely independently. We even help high-income individuals set up a local business to benefit from the massive 50% income tax exemption.
The immigration procedure depends entirely on your current passport. To avoid confusion and find exactly what you need, choose your route below:
As an EU citizen , moving to Cyprus is extremely easy thanks to the free movement of persons.
You do not need a visa to enter the country, but if you plan to stay longer than 90 days and become a tax resident, you must apply for a Yellow Card (certificate of registration for EU citizens).
How we can help you: We prevent you from having to stand in line at the immigration service. We take care of your employment contracts, rental agreements, and social security registrations so that your Yellow Slip is issued quickly and you can immediately activate your 60-day tax residency and your 'Non-Domiciled' status.
For non-EU citizens (including Britons moving from the UK to Cyprus after Brexit), the 90/180 day Schengen rule applies.
To live here permanently and maximize your tax benefits, you need an official residence permit. We specialize in two main routes:
The trend of moving to Cyprus has been increasing enormously since 2019, especially for expats who want to move to Cyprus from the United Kingdom, the US, and Western Europe, such as Belgium, the Netherlands, and Germany.
But why do entrepreneurs and families choose this island instead of, for example, Dubai, Bulgaria, or Malta?
While traditional law firms limit themselves to filing visa applications, we look at your total assets.
Are you a high-earning professional or entrepreneur with an annual income of more than €100,000? Then Cyprus offers a huge incentive: a 50% exemption from income tax.
If you move to Cyprus and take up local employment, 50% of your income is completely tax-free for up to 17 years.
You do not have to work for someone else to benefit from this. We can help you set up your own Cypriot Ltd, appoint yourself as director, and pay yourself a salary of more than €100,000.
You benefit from 50% income tax, combined with a low corporate tax rate of 15% for your company.
To obtain a residence permit in Cyprus, you must have a registered local address (a rental contract or a purchased home). Most commercial service providers abandon you at this stage, or worse, refer you to expensive property developers who pay them hidden and exorbitant commissions.
We do things differently, and more honestly: We are Western expats who know the local market inside out. We offer a 100% independent service for finding real estate, for both rent and purchase.
It does not matter to us where you buy, and that is precisely our trump card; the only thing that counts is that your property meets the strict immigration criteria, safeguards your assets, that you feel comfortable on the island, and that there are no hidden defects.
The island is politically divided into two parts:
For those who want to live legally, safely and with tax benefits: always choose South Cyprus.
With an average of 320 sunny days per year, Cyprus is one of the sunniest places in Europe.
The summers are hot and dry, the winters mild and short. The Mediterranean climate has a proven positive effect on human health and mental well-being.
Both are possible.
Renting offers the perfect flexibility for newcomers to discover the island. Buying (especially new builds starting from €300,000), on the other hand, is the ideal strategic move if you, as a non-EU citizen, want to secure the Golden Visa immediately.
Note that rental prices have nearly tripled since 2020, and due to high demand and rising real estate prices, it still pays to buy in 2026.
Opening bank accounts as a non-resident can be complicated. Local assistance is strongly recommended, given the traditional banking system, long wait times, and in-person appointments.
Once you are an official resident, it becomes easier. International transfers, crypto transactions, and multi-currency accounts are available at the larger banks. However, everyone in Cyprus uses Revolut, and we highly recommend it as well.
Internet quality varies, but cities offer fast fiber connections. Co-working spaces are available in Limassol, Nicosia, and Paphos.
Cyprus is ideal for:
A limited liability company (Ltd.) can be established starting from approximately €2,500. The incorporation process takes approximately 7 business days. Tax optimization and privacy structures are perfectly feasible with the right advice.
The national health system GeSY provides basic care to everyone registered and liable for tax here. In addition, many expats opt for international health insurance to remain covered in Belgium or elsewhere in Europe.
Emigration process
Your dream of living in a better climate while paying less tax is closer than you think. At Cyprus Consult, we'll guide you from start to finish.
Relevant information
Cyprus is not cheap, but generally speaking, Cyprus is still cheaper than many Western countries.
Hospitality and medical care are significantly cheaper, while rent is becoming substantially more expensive. Buying a home, on the other hand, is still affordable. Groceries can turn out to be more expensive depending on your habits and imported products.
Many British expats confuse the new British tax regime for “foreign income and gains (FIG) of 4 years” with Cypriot legislation.
In Cyprus, the equivalent tax benefit is the Non-Domiciled (Non-Dom) regime, which allows qualified expats to live tax-free on their foreign dividends and interest for as long as 17 years (and not just 4 years).
Yes, moving to Cyprus is an excellent idea for entrepreneurs, investors, and remote workers. The combination of year-round sunshine, widespread English, a low crime rate, and some of Europe's most attractive tax benefits (such as the 0% dividend tax) makes it a top destination for wealth preservation and a high quality of life.
People primarily move to Cyprus to escape countries with high taxes and for a better climate. The island offers a corporate tax rate of 15%, 0% tax on dividends, 0% capital gains tax on stock/crypto trading, and a very attractive 50% income tax exemption for high-income expats.
No, but you must reside in Cyprus for at least 60 days per year and not have another country as your tax residence.
You can easily move to Cyprus and continue your foreign business. Thanks to Cypriot non-dom status, dividends that you distribute to yourself in Cyprus from your foreign company are taxed locally at 0%. However, we always recommend contacting us to avoid tax pitfalls regarding “management and control” from your home country.
For those seeking financial optimization, sunshine, security, and an international living environment: absolutely. Cyprus offers both quality of life and tax benefits within the EU.
Yes, as an EU citizen, you are free to travel and live in Cyprus. However, you must officially register within four months using the MEU1 document.
Larnaca and the villages around Paphos (Tala, Emba, Lempa, Peyia, etc.) generally have the cheapest rental prices. Limassol has the highest prices.
The main disadvantages of living in Cyprus are the slow pace of life and the heavy bureaucracy in the public sector (often referred to as “siga-siga” or “slow-slow”). Furthermore, public transport is limited, making a car practically indispensable for daily life.
Cyprus attracts many wealthy individuals, tech entrepreneurs, and celebrities due to its privacy-friendly and favorable tax legislation. Famous residents include billionaire investor John Fredriksen, pop star Shakira (who invested in real estate here), and various prominent European crypto entrepreneurs and athletes.
Yes, Cyprus is considered a high-income economy by the World Bank. It has a robust GDP, primarily driven by professional services, shipping, tourism, and real estate, making it a stable, prosperous, and modern member state of the European Union.
Blogs & Articles
Stay up-to-date with tips and tricks about Cypriot real estate and interesting investment opportunities on the Mediterranean island.
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.
If you work or own a business in Cyprus, you'll often encounter benefits that aren't paid in cash, such as a company car, free housing, school fees, or gadgets. These benefits are known as Benefits in Kind (BIK). They are tax-relevant: they are considered income by law
Are you considering enjoying your retirement in Cyprus? Forget the outdated advice to move to Spain or France… Cyprus is the ultimate retirement destination in Europe, with year-round sunshine, first-class healthcare, and unparalleled asset protection. By retiring here, you benefit from a fixed tax rate of 5% on your foreign pension, activate 0% dividend tax thanks to the non-dom regime (SDC exemption, valid for the first 17 years), only the GeSY healthcare contribution of 2.65% applies, and you are completely exempt from inheritance tax. Whether you are an EU citizen seeking a simple transition or a British/American citizen requiring a Golden Visa (investment residence permit), we offer a complete relocation service for your retirement. Cyprus-Consult arranges your visa, protects your assets, and offers an independent real estate service so you can enjoy your Mediterranean dream without being scammed. Book your free consultation about your retirement today.
Whether you're an entrepreneur or a digital nomad, want a holding structure, can work remotely, or are looking for unique real estate opportunities, this newsletter is for you.
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