Cyprus Tax Residency In 60 Days - August 2017

In July 2017, the Cyprus House of Representatives revised the Cyprus Income Tax Law for the purposes of determining Cyprus tax residency for individuals. Specifically, the 183-day rule has been supplemented with a new test, the 60-day rule, according to which certain conditions need to be met cumulatively for an individual to be considered as tax resident in Cyprus. Once the tax law revision is published in the Official Government Gazette it shall become retrospectively applicable from 1 January 2017 onwards.

Learn more about the new 60-day rule