Cyprus Golden Visa
🔸🔸CYPRUS NON-DOM IS CONSIDERED THE BEST TAX AVOIDANCE PROGRAM IN THE EU🔸🔸
The Cyprus Golden Visa is one of the best EU residency and legitimate tax avoidance strategies any family, entrepreneur, and HNW investor can leverage, especially those from the United Kingdom, Latin America, South Africa, the Middle East, Russia & CIS, and Asia.
With the UK Non-Dom Tax program terminating in early 2025, Cyprus has become a strategic and highly effective alternative for British Non-Doms – providing both a Brexit and Non-Dom solution.
The Cyprus Non-Dom Tax program provides Cyprus Golden Visa holders 17 years of:
- No wealth tax
- No gift tax
- No inheritance tax
- No capital gains tax [including foreign-based property]
- No dividend or interest tax
- No tax on foreign-sourced salaries
- Fully exempt from Cyprus’ Special Defence Contribution [SDC] tax
- No tax on profit from sales of shares or other qualifying assets
- Flat 5% on foreign-sourced pensions
- Flat 12.5% corporate tax rate
- Non-Dom tax residency only requires 60 days in Cyprus per year
Cyprus is finalizing its membership in the United States Visa Waiver Program and is expected to be eligible for visa-free travel to the US starting in 2025.
While Cyprus is an EU country, it is not yet in the Schengen Zone. However, Cyprus is in the process of finalizing Schengen Zone membership as well. Once Cyprus fully joins the Schengen Zone, the value of Cypriot permanent residency can be expected to increase exponentially.
Cyprus residents are EU residents; thus, Golden Visa holders are exempt from all ETIAS entry requirements for the entire EU.
Cyprus’ residency by investment program:
- Minimum stay requirements – must visit Cyprus at least once every two years
- No physical residency or relocation requirements
- EU Permanent residency indefinitely – residency is tied to property ownership
- No language requirements
- Must prove an annual income of at least €50,000 [approx. $52,000]
- Option to add spouse and children [up to age 25] to the application
- Golden Visa to EU citizenship and passport route in eight years
The Cyprus Golden Visa is the only EU program that did not get terminated, changed, or a price increase in 2024 – now is the time to get in before the inevitable happens.
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