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EXPATS

What is the 50% expat exemption?

New Cyprus tax residents taking up first employment here with salary over €55.000 can exempt 50% of employment income from tax, if they weren't Cyprus tax residents for a qualifying period beforehand. Below €55.000, a 20% exemption (capped at €8.550) may apply instead.

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Guidance, not tax advice — confirm with a licensed accountant. Figures last verified: July 2026.