September 12, 2019

FACTSHEET #39 – CYPRUS: INDIVIDUAL TAX RESIDENT

An individual will be considered as a Cyprus Tax Resident if any of the below rules are applied.

The 183 days Rule:

Individuals are considered tax resident in Cyprus if they physically reside in Cyprus for a period or periods exceeding in aggregate 183 days in the year of assessment (1 January – 31 December).

The 60 days Rule:

As of 1st January 2017, the above tax residency rules have been amended to also provide that, an individual who does not stay in any other country, for one or more periods exceeding in aggregate 183 days in the year of assessment and is not tax resident in any other country for the same year, is deemed as a resident in Cyprus in that tax year, if certain conditions are met.

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