Emigrating from Croatia to Cyprus: tax and cost of living

Compared by dimension

On an average Croatia income of €20,400 gross per year, you keep €17,884 net in Cyprus: a difference of €3,388 per year compared with Croatia.

• Tax: on this income Cyprus lands at an effective rate of about 12%, against 29% in Croatia.
• Passport and mobility: from Cyprus you travel visa-free to 175 countries.
• Residency: on our accessibility scale Cyprus scores 90 out of 100 for obtaining residency.
• Living environment: banking, internet, safety and healthcare together give Cyprus a living-environment score of 68 out of 100.

The tax regime in Cyprus

Cyprus offers a non-domiciled regime exempting dividends and interest income from all taxation for up to 17 years. Corporate tax is 12.5%, among the lowest in the EU. There is no wealth or inheritance tax.

Residency and visas in Cyprus

EU citizens can settle in Cyprus without restrictions. Non-EU nationals can apply for residency via Category F or a digital nomad permit. Permanent residency is available after five years of legal residence.

• EU Freedom of Movement Registration · 5 years to permanent residency
• Category F Alien Registration Certificate · €9,568/year · 5 years to permanent residency
• Cyprus Digital Nomad Visa · €3,500/year · 5 years to permanent residency
• Cyprus Investment-based Residency (PRP) · €300,000

Frequently asked questions

What is the financial difference between Croatia and Cyprus?

On an average Croatia income it differs by roughly €3,388 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.

Is this tax advice?

No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.

What sources is this based on?

The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.