Non-domiciled individuals

Definition of non-domiciled

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In accordance with the provisions of the Wills and Succession Law, there are two kinds of domicile:

• domicile of origin; i.e. the domicile received at birth (generally dependent on the father side), or

• domicile of choice; i.e. domicile acquired by establishing physical presence in a particular place and by demonstrating sufficient intention to make it the place of permanent residence

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Irrespective of their domicile of origin, an individual who remains a tax resident of Cyprus for a period of at least 17 years out of the last 20 years prior to the tax year in question, shall be deemed as domiciled in Cyprus for SDC purposes.

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Tax benefits for non-domiciled individuals

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Non-dom individuals benefit from being exempt from special defense contribution (SDC) on dividends, interest an rental income.

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