Evaluating Your Residency: Cyprus as an Attractive Option for UK Non-Doms

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Given the ongoing uncertainty around the UK’s Non-Domiciled (Non-Dom) tax regime, many UK resident non-dom’s are evaluating the potential impacts and considering their options outside the UK. With over 50 years of experience in advising clients on jurisdictional changes and beneficial solutions, the professionals at Dixcart Cyprus have prepared insights to assist you in your decision-making process.

Should I Leave the UK?
The recent proposal to scrap the remittance basis of taxation has prompted many Non-Doms to reconsider their UK tax residency. Relocating involves numerous factors such as family situation, income sources, new tax exposures, finland mobile database visa/residency permit requirements, and lifestyle preferences. While the decision is personal and complex, we can highlight some key benefits of relocating to Cyprus to help inform your choice.

Could Relocating to Cyprus Be the Answer?
Cyprus, with its 320+ sunny days a year, stunning beaches, vibrant cities, and national parks, is much more than “a rock in the middle of the sea”. It is the 3rd largest Mediterranean island and home to over 1.2 million people, including a significant expatriate community. Strategically located at the crossroads of three continents, Cyprus offers excellent connectivity through its two international airports.

The island boasts diverse living options from modern sea-view apartments in bustling cities like Limassol—dubbed “little Dubai” for its impressive skyline—to serene cottages in picturesque villages. Cyprus is renowned for its safety, excellent educational institutions, robust healthcare system, and a cost of living that is often lower than many other popular destinations for Non-Doms.