Cyprus Expat Answers

Do Cyprus non-doms pay tax on foreign dividends?

Short answer

In many cases, Cyprus tax-resident non-doms do not pay Cyprus Special Defence Contribution, usually called SDC, on foreign dividend income. This is one reason Cyprus can be attractive for people with overseas investment income. However, dividend income may still be subject to GESY/GHS contributions, depending on the person's situation and the applicable annual contribution cap.

Main explanation

Cyprus non-dom status can be useful for expats who receive dividends from foreign shares, ETFs, investment portfolios, or private companies.

Foreign withholding tax may still be deducted before the dividend reaches you, depending on the source country and broker. Cyprus treatment is only one part of the full picture.

Watch out

Do not assume that Cyprus non-dom status means every tax or contribution disappears. SDC, GESY/GHS, foreign withholding tax, broker reporting, and your previous country's tax position may all need separate checks.

Useful next step

Use the CyExpats dividend calculator or request a personal calculation if dividends are important to your planning.

Need help with your own situation?

This page gives general information only. Cyprus rules can depend on your residence, income type, documents, timing, and family situation. A personalised check may be useful before making decisions.

Request Personal Help

This page is general information only and is not tax, legal, immigration, financial, or investment advice. Cyprus tax rules and contribution rules can change, and your personal situation may be different. Always check with a qualified adviser before making important decisions.