The UK’s plan to abolish the non-domiciled resident tax status (April 2025) creates uncertainty for high-net-worth individuals. This shift towards residence-based taxation prompts exploration of alternative jursidictions for tax purposes.
Greece & Cyprus: Attractive Alternatives
Greece and Cyprus offer favorable tax regimes and residency options for former UK non-doms.
- Greece: Flat €100,000 tax on global income, reduced income tax for newcomers, and low corporate tax rates.
- Cyprus: Exemptions on dividends, interest, and rental income for non-doms, low corporate tax rate (12.5%), and attractive residency program.
Expert Guidance Through Eurofast
Eurofast’s expertise helps navigate these transitions. We provide tailored solutions for understanding the new UK regime and exploring opportunities in Greece and Cyprus.
Benefits: Favorable tax rates, residency options, and Schengen access.
Make informed decisions – Contact Eurofast today!
Pavlou Fanos
Manager, International Business Services Division
Eurofast Nicosia
nicosia@eurofast.eu
Maria Sarantopoulou,
Head of Legal Department
Eurofast Athens
athens@eurofast.eu