Tax Savings Moving from Portugal to Cyprus

Portugal effective rate: 43.1%. Cyprus Non-Dom: 17.3%. Annual saving on €100k profit: €25,848.

Annual profit €50,000

€12,924

saved per year

Portugal tax€21,550

Cyprus tax€8,626

Annual profit €100,000

€25,848

saved per year

Portugal tax€43,100

Cyprus tax€17,253

Annual profit €200,000

€52,225

saved per year

Portugal tax€86,200

Cyprus tax€33,975

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

€258,480

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

Full comparison by income level

Annual profit	🇵🇹 Portugal tax	🇨🇾 Cyprus tax	Annual saving	Cyprus take-home
€50,000	€21,550	€8,626	€12,924	€41,374
€100,000	€43,100	€17,253	€25,848	€82,748
€200,000	€86,200	€33,975	€52,225	€166,025

🇵🇹 Tax burden in Portugal

21% IRC corporate tax. 28% flat withholding on dividends. NHR regime ended January 2024 for new applicants. High top income tax (48%).

🇨🇾 Portugal to Cyprus: key points

Portugal-Cyprus double tax treaty. Portugal exit is administratively straightforward for most entrepreneurs. NHR successor (IFICI) available only for specific professions, so Cyprus is a cleaner alternative.

Frequently asked questions

How much tax does a business owner pay in Portugal?

Under the entrepreneur dividend extraction model (company profit fully distributed as dividends), the effective rate in Portugal is approximately 43.1%. On €100,000 company profit, that is approximately €43,100 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 Portugal to Cyprus?

At €100,000 company profit: €25,848 annual saving. Over 10 years, that is €258,480 — on the same income. At €50,000: €12,924/year. At €200,000: €52,225/year.

Is there a tax treaty between Portugal and Cyprus?

Do I qualify for Cyprus Non-Dom status when moving from Portugal?

Most nationals moving from Portugal 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 calculator Check Non-Dom eligibility

Related guides

portugal non dom cyprus non dom checker

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.

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