Cyprus
No CGT on crypto disposals for non-real estate assets. Cyprus has positioned itself as a crypto-friendly EU jurisdiction.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
CARF Status
Committed
Bitizenship
Not yet
CARF Reporting
Committed
Cyprus has committed to implementing CARF but has not yet specified an exact timeline. When active, crypto service providers will be required to report user transactions to tax authorities.
Tax Rates
Activity Taxes
Staking
0% (not CGT)
Mining
Taxed as income if business
DeFi
0% (capital gains)
NFTs
0% (capital gains)
Taxable Events
Crypto → Fiat
Not taxable
Crypto → Crypto
Not taxable
Holding Period
No holding period benefit
CGT only applies to real estate
Regulation & Residency
Regulatory Body
CySEC
Residency Requirement
EU free movement; fast-track residence
Reporting Requirements
Annual tax return
Citizenship & Residency Path
Residency via €300K+ property; EU citizenship after 7 years
Resilience & Plan B
Jurisdictional Resilience
How well-equipped this jurisdiction is for a crypto holder who wants stability, access, and protection.
JRS
Institutions (25%), banking (20%), tax clarity (20%), business (15%), privacy (10%), geopolitical (10%). Full methodology →
Plan B Readiness
How fast you can go from “I want to move” to “I’m a tax resident with banking and optionality.”
PBR
Business ease (25%), citizenship path (20%), dual nationality, quality of life & safety (15% each), Bitizenship (10%). Full methodology →
Notable Conditions
- →Zero CGT on non-real estate assets
- →EU membership
- →CySEC regulates crypto
- →Non-dom regime available
- →12.5% corporate tax
Living & Lifestyle
Cost of Living
Moderate
Banking Access
Good
Quality of Life
High
Lifestyle Scores