🇨🇾 Cyprus vs 🇮🇲 Isle of Man
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇾 Cyprus | 🇮🇲 Isle of Man |
|---|---|---|
| Tax System | Non-Dom Regime | Low Tax |
| Income Tax (Foreign) | 0% on dividends | 20% (capped) |
| Capital Gains Tax | 0% (most cases) | 0% |
| Corporate Tax | 12.5% | 0% |
| Residency Requirement | Category F permit (€50k deposit) | Work permit or investor |
| Minimum Stay | 60 days (special regime) | 6 months |
| Cost of Living | Moderate ($2,000-3,500/mo) | Moderate ($2,500-4,000/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
🇮🇲 Isle of Man
Highlights
- ✅Tax cap available
- ✅Zero corporate tax
- ✅Zero capital gains
- ✅British connection
- ✅Motorcycle TT races
Considerations
- ⚠️Remote location
- ⚠️Limited entertainment
- ⚠️Weather
Best For
- 👤eGaming
- 👤Crypto
- 👤British connection seekers
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 Isle of Man if: You prioritize tax cap available and zero corporate tax. Ideal for egaming, crypto, british connection seekers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.