Disclaimer
PMG is an independent corporate services consultancy. It is not a government authority and does not issue official government documents. Incorporation filings have been handled for over two decades by our licensed professionals — including our own advocate and our own ICPAC-registered accountants — in accordance with Cyprus regulatory frameworks.
Relocate to Cyprus, with one partner for everything.
From the first conversation to the day you are settled — property, company formation consultancy, Non-Dom registration and banking advice, handled personally by the same advisers.
We work by selection, not by volume. PMG acts for a deliberately limited number of entrepreneurs and families relocating to Cyprus — clients for whom discretion, judgement and continuity matter more than scale. Two decades in, this is all we do.
As a PMG client, you receive more than just first-class service. You have a dedicated team of specialists at your side who provide personalised advice, support you in planning implementation and management, and guide your company from the very beginning through to long-term growth. No intermediaries, no gaps – just an integrated experience tailored entirely to your needs.
Our fees are agreed upfront, in writing, before any engagement begins — no hidden costs.
Everything your move requires, under one roof
Non-Dom & Tax Consultancy
Register your Non-Dom status for up to 17 years of exemption from Cyprus tax on dividends and interest.
Company Formation Consultancy
Business Structuring & Advisory Services on every compliance requirement — substance, VAT and filings.
Residence & Relocation
The 60-day route, permits, healthcare and the practical groundwork of making Cyprus home.
Property & Living
Finding the right home to rent or buy, and settling into the life around it.
Banking
Local account opening advice for you and your family, with introductions to private banking.
Trusts & Structuring Consultancy
Advice on Cyprus international trusts and holding structures for wealth protection and succession.
A single, guided path — from first contact to settled
First contact
A private conversation about your goals and timing.
A clear plan
Residency, business advice, structure and sequence — mapped to you.
Execution
Property, incorporation consultancy, Non-Dom, banking advice.
Settled
Continuing support long after you arrive.
Cyprus Non-Dom & tax
A tax home for up to 17 years — no Cyprus tax on dividends or interest, within a transparent EU framework. Explore the regime, the 60-day route, and how Cyprus taxes income and companies.
What Non-Dom status means
Domicile is distinct from residence. You can be tax resident in Cyprus while remaining non-domiciled — and non-doms are exempt from the Special Defence Contribution (SDC) on dividends, interest and rental income.
In practice a qualifying non-dom pays no Cyprus tax on dividends or interest, from Cyprus or abroad, for up to 17 years — extendable thereafter under an alternative arrangement. Unlike the UK and Malta, Cyprus does not use a remittance basis, so there is no need to keep money offshore.
Why Cyprus non-doms benefit
Dividends & GESY
Exempt from income tax and SDC; only the GESY health contribution of 2.65% applies, capped at €4,770/year.
Interest, exempt
Free of Cyprus income tax and SDC for non-dom residents.
Up to 17 years — extendable
For up to 17 of any 20 years, with an option to continue thereafter.
No inheritance or wealth tax
Cyprus levies no inheritance, gift or wealth tax.
The 60-day route
Tax residency with as little as 60 days a year, if conditions are met.
Treaty network
An extensive double-tax treaty network protecting cross-border income.
A single, compliant tax home
Cyprus participates fully in the OECD Common Reporting Standard (CRS) and FATCA. Financial institutions report account information to the jurisdiction where the account holder is tax resident.
When Cyprus is your genuine and sole place of tax residence, your affairs are reported and assessed in one place: Cyprus. The advantage is not secrecy but simplicity and certainty — a single, compliant tax home in an EU member state, backed by an extensive treaty network. Real substance is what makes the benefits robust and defensible.
Tax residency in 60 days
Most countries require 183 days of presence. Cyprus offers an alternative 60-day route for the internationally mobile who aren't tax resident anywhere else — the gateway to Non-Dom status with a light physical footprint.
The five conditions
At least 60 days in Cyprus
A minimum of 60 days during the tax year.
Not 183+ days elsewhere
No more than 183 days, in aggregate, in any one other country.
Not tax resident elsewhere
Not considered tax resident in any other single state that year.
Cyprus economic ties
Business, employment or an office in a Cyprus company — maintained through the year.
A permanent home in Cyprus
A permanent residence, owned or rented, for the full year.
All five must be satisfied. If your Cyprus ties end mid-year, eligibility for that year is lost.
Personal income tax
Non-dom benefits cover dividends and interest. Employment and other income is taxed under the standard bands:
| Taxable income | Rate |
|---|---|
| Up to €22,000 | 0% |
| €22,001 – €32,000 | 20% |
| €32,001 – €42,000 | 25% |
| €42,001 – €72,000 | 30% |
| Over €72,000 | 35% |
Illustrative only. Dividends and interest are separately exempt for non-doms (subject to 2.65% GESY, capped). We model your position precisely.
GESY (health)
2.65% on most income including dividends, capped at €4,770 per year.
No wealth / inheritance tax
Cyprus levies neither — a stable base for succession.
50% expat relief
A 50% exemption on qualifying employment income above the statutory threshold, for eligible new residents.
Business & corporate tax
Cyprus combines a 15% corporate income tax — among the EU's lowest — with a participation exemption, an IP Box regime and no withholding tax on outbound dividends.
15% corporate tax
Applied to Cyprus tax-resident companies on worldwide income.
Participation exemption
Dividends received and gains on the disposal of shares are generally exempt.
IP Box
An effective rate as low as ~3% on qualifying intellectual-property income.
0% outbound dividend WHT
No Cyprus withholding tax on dividends paid to non-resident shareholders.
VAT at 19%
Standard rate, with reduced rates for certain goods and services.
Treaty network
Double-tax treaties across 65+ jurisdictions.
A life in the sun, on familiar ground
English-speaking, common-law and firmly in the EU — Cyprus offers a Mediterranean life that feels reassuringly familiar to those arriving from the UK and beyond.
Familiar, by design
Cyprus was British until 1960, and the imprint remains: English everywhere, a common-law legal system, and you drive on the left. For anyone relocating from the UK or the Commonwealth, daily life works the way you expect.
- English in business, banking, healthcare and the courts
- EU membership — freedom of movement and market access
- A warm, unhurried Mediterranean pace
More life, for less
For many arriving from the UK or Western Europe, the cost of living is a welcome surprise — dining, leisure, services and property generally sit below what they're used to.
Costs vary by city: cosmopolitan Limassol sits at the higher end, while Larnaca and Paphos are gentler. We help you weigh the options against how you want to live.
Healthcare, schooling & the practical things
Healthcare (GESY)
Universal coverage for residents, alongside strong private clinics and English-speaking doctors.
International schools
A wide choice of English-language and British-curriculum schools — a major draw for families.
Connectivity
Two international airports linking Europe and the Gulf, plus fast internet for remote work.
Safety
Consistently among the safer countries in Europe.
Banking & admin
Accounts, utilities and residency paperwork — handled in English, and handled for you.
Community
An established international community, so newcomers settle quickly.
Four cities, four characters
Limassol
The cosmopolitan business hub — marina living, schools, the most buzz.
Paphos
Relaxed and coastal, with a settled expat community and gentler prices.
Larnaca
Laid-back seaside living by the main airport — easy, good value.
Nicosia
The inland capital — government, business, a year-round rhythm.
Consultancy on Companies, holding structures & trusts
A Cyprus company is one of the EU's most efficient — a 15% rate, a participation exemption, and full compliance handled end to end. We also advise on holding structures and international trusts for protection and succession.
A Cyprus company, done properly with the right guidance
We advise on business incorporation to put genuine substance behind it — the element that makes the structure both compliant and durable. From name approval to VAT registration, direction given to set a path on the full set-up and the ongoing obligations.
From incorporation to operating guidance
Structure
Shareholding, directors and substance, designed correctly.
Business setup advice
Name approval and registration with the Registrar.
Register
Tax and VAT registration, and bank account opening guidance.
Operate
Accounting, payroll and annual filings — maintained.
A leading EU holding location
Cyprus is among Europe's most effective holding jurisdictions, thanks to a broad participation exemption and EU directive access.
Dividends received
Generally exempt from tax under the participation exemption.
Gains on shares
Profits on the disposal of securities are exempt from tax.
No outbound WHT
No Cyprus withholding tax on dividends to non-resident shareholders.
EU directives
Parent-Subsidiary and Interest & Royalties directive benefits.
Treaty network
65+ double-tax treaties reducing source-country tax.
Notional interest
A deduction on new equity that lowers the effective rate.
The Cyprus International Trust
For asset protection and succession, the Cyprus International Trust (CIT) is among the most robust structures in Europe — separating legal and beneficial ownership to safeguard and pass on wealth across generations.
Asset protection
Strong statutory protection against later claims, properly established.
Succession planning
Pass wealth to the next generation outside forced-heirship rules.
Tax efficiency
Favourable treatment of foreign-source income for non-resident beneficiaries.
Your relocation - guided as one
Advice on residency permits, banking, healthcare, schools and the hundred small things a move involves — guided by a single point of contact who speaks your language, so you arrive prepared and settled.
We make the move effortless
Relocating a life — or a family — involves a hundred small things, from the residency permit to the right school place to the bank account that pays for it all. We advise and guide you through each of them, so you arrive prepared rather than facing a list of tasks alone.
Because we also advise on your tax residency, Non-Dom status and company setup, the practical move and the financial picture are planned together — not bolted on afterwards.
The right route for your status
PMG advises and guides you through your application. We are not a government authority and do not issue residence permits, visas, or other official documents.
EU citizens — registration
EU nationals register their residence (the MEU process) to live and work in Cyprus, a straightforward administrative step we advise on.
Non-EU — temporary residence
Non-EU nationals obtain a temporary residence permit (the "Pink Slip") or a permit tied to work, business or investment, depending on circumstances.
Moving with children
School selection, places and the family-side practicalities of settling in.
Retiring in Cyprus
A warm, safe and affordable EU base, with favourable treatment of pension income.
Healthcare & GESY
Registering for the General Healthcare System and arranging private cover.
Begin the conversation
Tell us where you are and where you'd like to be. We'll tell you, plainly, how we can help — and whether we're the right fit.
Arrange a private consultation
Privacy Management Group · Cyprus & Dubai · Operating since 2004
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