How to qualify for Non-Dom Status?
Simply put, If neither you nor your parents were born in Cyprus and you have not been a Cyprus tax resident in the last 20 years (or for no longer than 20 years in total).
Next, you need to become a Cyprus tax resident. In January 2017, the tax residency regulations were amended into the 60-day rule. To become a Cyprus tax residence under the 60-day regulations, you need to meet the following requirements:
- You must remain in Cyprus for at least 60 days during a tax year.
- You must conduct business activities, get employed, or hold an office with a Cyprus tax resident company.
- Maintain a permanent residence in Cyprus by renting or owning a home.