Cyprus Wealth & Property Tax
Detailed wealth & property tax rates and rules for Cyprus in 2026.
Wealth Tax
Cyprus does not levy a wealth tax.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Cyprus abolished inheritance tax in 2000. No tax applies to inherited assets regardless of value or relationship to the deceased.
Top Rate
0%
Property Tax
Cyprus abolished its annual Immovable Property Tax in 2017. Property transfers are subject to transfer fees of 3-8% of the property's market value (halved to 1.5-4% in practice). Stamp duty of 0.15-0.20% applies to contracts. A capital gains tax of 20% applies to gains from disposal of Cyprus immovable property (with exemptions for the first sale of a residence).
How Cyprus Wealth Tax compares
Cyprus does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
