Become a Cyprus Tax Resident Under the 60 Day Rule
60-days Rule / Cyprus Non-Dom Regime
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An individual is considered to be tax resident in the Republic of Cyprus provided that he/she was physically present in the Republic of Cyprus for a period exceeding 183 days. However, an individual may opt to become tax resident in the Republic of Cyprus under the “60-day rule”, introduced for the purposes of determining Cyprus tax residency for individuals. In particular, relying on the “60-day rule”, an individual may opt to become tax resident in the Republic of Cyprus if his/she is not tax resident in any other Country and provided he/she fulfills the following additional requirements cumulatively:
- Does not reside in any other country for more than 183 days in aggregate within a tax year;
- Resides or remains in Cyprus for a period of at least 60 days during the tax year;
- Carries out any business and/or is employed in the Republic and/or possess any office in any tax resident person of the Republic of Cyprus for any time during the tax year in question;
- Maintains permanent place of residence in the Republic of Cyprus, either owned or rented.
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