Tax strategy, residency, and relocation explained by the people who do it
Cyprus lets registered companies hire highly skilled non-EU staff with no labour market test. Since the November 2026 revision, eligibility depends on the company’s sector, not its ownership, so EU-national founders can now qualify.
A UK company cannot currently redomicile to Cyprus. This guide explains why, what redomiciliation actually means, and the restructuring options UK founders should consider when moving their business to Cyprus.
Cyprus is gaining attention from internationally mobile founders and private wealth. Here’s what the 2026 Henley wealth mobility data says, and what it actually means for founders considering Cyprus.
The end of the UK non-dom regime has pushed more founders to look elsewhere. But relocating personally is only half the job. A UK-incorporated company does not simply become Cyprus resident because you move, and the decisions around structure, management, IP and banking determine whether the relocation works.
Opening a Cyprus business bank account requires more than company documents. Learn what banks assess, including ownership, source of wealth, source of funds, business activity, expected transactions and the countries involved.
Cyprus can be highly effective for the right founder, but tax rates alone do not determine whether the move makes sense. Assess your income, business structure, timing and lifestyle before you commit.
Most founders assume that changing tax residency means choosing a new country to live in full-time. Cyprus introduced a second route in 2017 that challenges that assumption. The 60-day rule allows a founder to establish Cyprus tax residency and access all the tax benefits that come with it. The conditions are specific. The planning requirements are real. But for founders with genuinely international lives, it is a serious option.
The Cyprus Startup Visa changed in January 2025: three-year permits, minimum equity down to 25%, and half the workforce can now be hired from anywhere. What the revised scheme means for non-EU founders, and why the 150-permit cap makes timing part of the decision.
Reading about the Non-Dom regime and the 60-day rule is the start. Implementing it correctly, with the right structure and timing is where Royal Pine comes in.
