🇨🇾 Cyprus vs 🇯🇪 Channel Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇾 Cyprus | 🇯🇪 Channel Islands |
|---|---|---|
| Tax System | Non-Dom Regime | Low Tax |
| Income Tax (Foreign) | 0% on dividends | 20% flat |
| Capital Gains Tax | 0% (most cases) | 0% |
| Corporate Tax | 12.5% | 0-10% |
| Residency Requirement | Category F permit (€50k deposit) | High-value resident status |
| Minimum Stay | 60 days (special regime) | Varies by island |
| Cost of Living | Moderate ($2,000-3,500/mo) | High ($3,000-5,000/mo) |
🇨🇾 Cyprus
Highlights
- ✅EU membership
- ✅English widely spoken
- ✅60-day rule for tax residency
- ✅Non-dom dividend exemption
- ✅Good weather
Considerations
- ⚠️Divided island
- ⚠️Hot summers
- ⚠️Limited winter activities
Best For
- 👤Non-dom status seekers
- 👤Holding companies
- 👤Yacht owners
🇯🇪 Channel Islands
Highlights
- ✅Low flat tax rate
- ✅Zero capital gains
- ✅British legal system
- ✅Near UK/France
- ✅Financial services hub
Considerations
- ⚠️Expensive property
- ⚠️Small islands
- ⚠️Weather
Best For
- 👤Finance professionals
- 👤UK alternatives
- 👤Offshore planning
Which Should You Choose?
Choose Cyprus if: You prioritize eu membership and english widely spoken. Ideal for non-dom status seekers, holding companies, yacht owners.
Choose Channel Islands if: You prioritize low flat tax rate and zero capital gains. Ideal for finance professionals, uk alternatives, offshore planning.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.