Who might be considered as a Cyprus Tax Resident?

183-Day Rule

An individual who stays in the Republic of Cyprus for a period or periods exceeding in aggregate 183 days in the year of assessment.

60-Day Rule

An individual who cumulatively satisfies the below conditions:

• Remains in the Republic for at least 60 days in the year of assessment
• Carries out any business in Cyprus and/or is employed in Cyprus and/or holds an office in a Cyprus tax resident company
• Maintains a permanent residence in Cyprus (owned or rented)

Provided that:

• The individual does not remain in any other state for more than 183 days
• The individual is not a tax resident of any other state