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Spain to Cyprus

Tax Savings Moving from Spain to Cyprus

Spain effective rate: 46%. Cyprus Non-Dom: 17.3%. Annual saving on €100k profit: €28,748.

Annual profit €50,000

€14,374

saved per year

Spain tax€23,000
Cyprus tax€8,626

Annual profit €100,000

€28,748

saved per year

Spain tax€46,000
Cyprus tax€17,253

Annual profit €200,000

€58,025

saved per year

Spain tax€92,000
Cyprus tax€33,975

10-year cumulative saving (at €100k/year)

€287,480

on the same income, in the same company structure — just a different country of residence

Full comparison by income level

Annual profit🇪🇸 Spain tax🇨🇾 Cyprus taxAnnual savingCyprus take-home
€50,000€23,000€8,626€14,374€41,374
€100,000€46,000€17,253€28,748€82,748
€200,000€92,000€33,975€58,025€166,025

🇪🇸 Tax burden in Spain

25% corporate tax. Dividend tax 19-28% (savings tax brackets). 47% top income rate. Exit tax on unrealised gains. Mandatory autonomous community taxes on top.

🇨🇾 Spain to Cyprus: key points

Spain-Cyprus double tax treaty. Exit tax (impuesto de salida) applies on unrealised gains above €4M (individuals) or on qualifying participations. Modelo 030 deregistration required. Modelo IRPF must be filed for the exit year.

Frequently asked questions

How much tax does a business owner pay in Spain?
Under the entrepreneur dividend extraction model (company profit fully distributed as dividends), the effective rate in Spain is approximately 46%. On €100,000 company profit, that is approximately €46,000 in combined corporate and dividend taxes.
How much tax does a Non-Dom in Cyprus pay on the same income?
Cyprus Non-Dom: 15% corporate tax + 2.65% GHS on net dividends. On €100,000 company profit: €17,253 total (approximately 17.3% effective rate). Take-home: €82,748.
What is the annual tax saving moving from Spain to Cyprus?
At €100,000 company profit: €28,748 annual saving. Over 10 years, that is €287,480 — on the same income. At €50,000: €14,374/year. At €200,000: €58,025/year.
Is there a tax treaty between Spain and Cyprus?
Spain-Cyprus double tax treaty. Exit tax (impuesto de salida) applies on unrealised gains above €4M (individuals) or on qualifying participations. Modelo 030 deregistration required. Modelo IRPF must be filed for the exit year.
Do I qualify for Cyprus Non-Dom status when moving from Spain?
Most nationals moving from Spain qualify automatically for Non-Dom status in Cyprus, as they have not been Cyprus tax residents for at least 17 of the previous 20 years. The key requirement is establishing Cyprus tax residency via the 183-day rule or the 60-day rule.

Model your own numbers

These calculations use the dividend extraction model. Enter your actual revenue, salary, and expenses in the calculator for a personalised Cyprus tax breakdown.

Open tax calculatorCheck Non-Dom eligibility

Related guides

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Savings figures are based on 2026 published effective tax rates (PwC, EY, KPMG). The dividend extraction model applies a flat effective rate; actual rates are progressive and depend on deductions, salary/dividend split, treaty provisions, and personal circumstances. Not tax advice. Consult qualified advisors in both your home country and Cyprus before making decisions.