New product from Shanda Consult: Cyprus Tax-Residency in 60 days

Based on the a decision of the Parliament of Cyprus, Shanda Consult is offering a new product:

"Cyprus Tax Residency by staying in Cyprus for only 60 days per year"

Individuals can now obtain Cyprus Tax Residency by only staying 60 days in Cyprus, under the condition that they are not tax resident of another country and that they do not stay more than 183 days in another country.

Furthermore, the following conditions apply:
The person remains in Cyprus for at least 60 days in the year of assessment.
The person carries out any business in Cyprus; and/or works in Cyprus and/or holds an office in a company which is tax resident in Cyprus during the tax year.
The person maintains a permanent residence in Cyprus (owned or rented).

For more information, please visit our website: https://www.shandaconsult.com/en/news/2017-07-18/cyprus-tax-residence-status-for-individuals-in-60-days
Please do not hesitate to contact us.