George K. Konstantinou LLC
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Gladstonos 55, Roussos Center Point, 5th Floor, Office 5e, 3040, Limassol, Cyprus
Updated: April 27, 2023
According to the Income Tax Law of 2002, under the “183-day rule”, an individual who spends at least 183 days a year in Cyprus is considered a Cyprus tax resident. On 14 July 2017, the Cyprus parliament voted for a Cyprus tax law amendment adding a second test – the “60-day rule” – for the purposes of determining Cyprus tax residency for individuals.
The “60-day rule” concerns individuals who do not fulfill the tax residency requirements in any country.
To become a Cyprus tax resident on the basis of the “60-day rule” the individual must meet all of the following conditions:
Individuals who are Cyprus tax residents, whether under the “60-day rule” or under the “183-day rule” are taxed in Cyprus on their worldwide income but certain exceptions apply, as follows:
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George K. Konstantinou LLC
Office Opening Hours
Our Address
Gladstonos 55, Roussos Center Point, 5th Floor, Office 5e, 3040, Limassol, Cyprus
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