🇨🇾 Cyprus vs 🇬🇧 United Kingdom
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇾 Cyprus | 🇬🇧 United Kingdom |
|---|---|---|
| Tax System | Non-Dom Regime | Non-Dom Regime |
| Income Tax (Foreign) | 0% on dividends | 20-45% |
| Capital Gains Tax | 0% (most cases) | 0% (non-dom, unremitted) |
| Corporate Tax | 12.5% | 25% |
| Residency Requirement | Category F permit (€50k deposit) | Various visas available |
| Minimum Stay | 60 days (special regime) | Tax residency tests |
| Cost of Living | Moderate ($2,000-3,500/mo) | High ($3,500-6,000/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
🇬🇧 United Kingdom
Highlights
- ✅Non-dom status available
- ✅Global financial hub
- ✅English speaking
- ✅Common law
- ✅Strong legal system
Considerations
- ⚠️Non-dom being reformed
- ⚠️High cost of living
- ⚠️Weather
Best For
- 👤Finance professionals
- 👤Non-dom planning
- 👤Global business
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 United Kingdom if: You prioritize non-dom status available and global financial hub. Ideal for finance professionals, non-dom planning, global business.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.