Your move to Cyprus.
We're an installation and service company in Larnaca. Our founder moved here in January 2026 and made the mistakes first. Here you'll find what he learnt and the practical help we offer with your move.
Help for people from the EU, based on our own move34.92° N, 33.62° E
What Cyprus gives you.
The rules since the tax reform of 1 January 2026, as of October 2026. This is not tax or legal advice. A licensed accountant or lawyer checks your individual case.
Tax
€22,000
Annual income taxed at 0%
The first €22,000 of annual income is tax-free. Above that: 20% up to €32,000, 25% up to €42,000, 30% up to €72,000, and 35% on everything above.
PwC Worldwide Tax Summaries, KPMG, 2026
17 years
Non-dom status
If you're tax resident in Cyprus but domiciled elsewhere, you pay no special defence contribution on dividends and interest. This lasts for up to 17 years. It is not an exemption from income tax. Since 2026, you can extend the status for a fee, subject to conditions the tax commissioner must approve.
KPMG, Tax residency and non-dom rules, April 2026; PwC; EY
60 days
Tax residence without spending half the year here
Besides the rule of more than 183 days, you can be tax resident with 60 days in Cyprus in a year, if you also spend no more than 183 days in any other single country, have a business, a job or a directorship of a Cyprus company that runs through the year, and keep a home here, owned or rented.
KPMG, Tax residency and non-dom rules, April 2026
0
No inheritance tax, no wealth tax
Neither exists in Cyprus. Estate duty was abolished in 2000.
PwC Worldwide Tax Summaries, 2026
A first job here
Tax relief on your salary
If your first job in Cyprus follows years abroad, part of your salary may be exempt from income tax. Conditions apply. Ask your accountant whether you qualify before you sign.
KPMG
Life
2004
The European Union and the euro
Cyprus joined the EU on 1 May 2004 and adopted the euro on 1 January 2008. As an EU citizen, you may live and work here. As of October 2026, Cyprus is not yet a full member of the Schengen area. You still go through passport or identity card checks at the airport.
European Union, europa.eu; European Commission
English
Business in English, a legal system based on English law
English is used as much as Greek in contracts, offices and companies. The legal system grew out of English common law.
Health
A national health system
Income contributions fund GESY, the general health system: 2.65% of an employee's salary, 4% for the self-employed.
PwC Worldwide Tax Summaries, KPMG, 2026
Two airports
Larnaca and Paphos
The island's two international airports. We are in Larnaca.
Leaving Germany? Read this first.
Shares can be taxed when you leave. If you hold a share in a company and give up your residence in Germany, Germany can tax the gain on those shares as if you had sold them (exit taxation, § 6 AStG). Since 2022 this applies to moves within the EU too; the tax can be paid in instalments.
Ties to Germany can keep you liable for tax there. You can remain fully liable for tax in Germany even after registering here. This can happen if you keep a home available to you in Germany or spend over half the year there.
Plan it before the move, not after. Talk to an accountant before you give up your German address. We'll introduce you to accountants we trust.
The first weeks
What we take off your hands.
- 01A place to liveWe look for a flat or house with you before you fly.
- 02RegistrationThe paperwork and the appointment.
- 03Bank accountAn account to receive your salary or invoice payments.
- 04Tax numberBefore you can work, be paid or send an invoice.
- 05Social insuranceYour social insurance number.
- 06Car and insuranceThe island is not made for walking.
- 07Phone contractA Cypriot number for everything above.
- 08PeopleOthers who made the move before you.
Your move, step by step.
How we help at each stage.
A first conversation.
Tell us about your work, when you'd like to move and who's coming with you. We'll explain plainly what the move involves.
Before you fly.
- A place to live
- We look for a flat or house with you so you have somewhere to go when you arrive.
- Lawyer and accountant
- If you need a lawyer or accountant before or after the move, we'll introduce you to people we trust.
The first weeks.
- Registration
- As an EU citizen staying longer than three months, you register your residence. We help you prepare the paperwork and arrange the appointment.
- Tax number and social insurance
- The numbers you need before you can work, be paid or send an invoice.
- Everyday life
- A bank account, a phone contract, a car and insurance, so you don't spend your first weeks running errands.
Once you're here.
- People
- The SRS Community meets in person. You get to know people who made the move before you.
- Work
- We hire people for our own jobs. People in the community also find employers or someone to hire. Work with us
- A hand when something breaks
- We handle repairs, trades and technical work in flats, houses and offices. These are jobs we do ourselves.
We made the mistakes first.
Noel moved here in January 2026. He started with the wrong lawyers, then a bad tax adviser took advantage of him.
That's how we got to know the right people, and why you meet them from day one.
Sometimes an introduction is all you need. We put you in touch with someone we trust and leave it at that.
You talk to Noel Schmitt‑Rheinbay. He made this move himself, from Frankfurt to Cyprus, and runs SRS Dynamic LTD from Larnaca. His story
What are your plans?
Write a few lines in English or German. Whatever you need, we'll do what we can to make it work. We quote each job on its own. Sometimes introductions and help cost nothing, for example when you come to work for us.
Or start somewhere else.
Bringing a company
Starting a company in Cyprus or moving your existing one: what Cyprus offers businesses and who does what.
Looking for work
We hire people for our own jobs. People in the community also find employers or someone to hire.
Already here
Meet people who put in the same effort you do. The SRS Community meets in person, by invitation.