🇵🇹 Portugal vs 🇨🇾 Cyprus
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇹 Portugal | 🇨🇾 Cyprus |
|---|---|---|
| Tax System | NHR (Non-Habitual Resident) | Non-Dom Regime |
| Income Tax (Foreign) | 20% flat (qualifying income) | 0% on dividends |
| Capital Gains Tax | 0% (foreign gains) | 0% (most cases) |
| Corporate Tax | 21% | 12.5% |
| Residency Requirement | D7 Visa (passive income proof) | Category F permit (€50k deposit) |
| Minimum Stay | 183 days/year | 60 days (special regime) |
| Cost of Living | Moderate ($2,000-3,000/mo) | Moderate ($2,000-3,500/mo) |
🇵🇹 Portugal
Highlights
- ✅EU membership & passport path
- ✅NHR tax regime benefits
- ✅High quality of life
- ✅English widely spoken
- ✅Great weather
Considerations
- ⚠️NHR being phased out for new applicants
- ⚠️183-day stay requirement
- ⚠️Higher taxes after NHR ends
Best For
- 👤EU access seekers
- 👤Retirees
- 👤Quality of life focus
🇨🇾 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
Which Should You Choose?
Choose Portugal if: You prioritize eu membership & passport path and nhr tax regime benefits. Ideal for eu access seekers, retirees, quality of life focus.
Choose Cyprus if: You prioritize eu membership and english widely spoken. Ideal for non-dom status seekers, holding companies, yacht owners.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.