Ah then i can stay 180 days in cyprus but utilize my Dubai residency by staying 183 days in Dubai.Best of both worlds and no tax to pay.
Ah then i can stay 180 days in cyprus but utilize my Dubai residency by staying 183 days in Dubai.Best of both worlds and no tax to pay.The rule isn't just that you can't live 180 days anywhere else. There are four conditions you must meet:
If you through some other mean qualify as tax resident somewhere else, you are not tax resident in Cyprus.
- Resident in Cyprus for at least 60 days per year.
- Not resident anywhere else for more than 183 days per year.
- Not tax resident anywhere else.
- Have ties to Cyprus.
Ah then i can stay 180 days in cyprus but utilize my Dubai residency by staying 183 days in Dubai.Best of both worlds and no tax to pay.
What is the tax on property there i am planning to buy a villa.Not necessarily "no tax to pay", just not being tax resident. There are taxes that apply to non tax residents due to work, economic activity, property, etc.
It can be particularly useful not to be tax resident in a country with worldwide taxation if you have passive income from elsewhere, as this can mean "no tax to pay".
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?