Cyprus
Spain
Cyprus vs Spain
Complete comparison for your tax relocation
Taxation
| Top income tax bracket | 35% | 47% |
| Corporate tax | 12.5% | 25% |
| Capital gains | 0% | 0% |
| VAT | 0% | 21% |
| Tax treaty with France | Yes | Yes |
| Special regime | Non-Dom (exonération dividendes et intérets) | Ley Beckham |
| Wealth tax | No | Yes |
| Territorial taxation | No | No |
Non-Dom (exonération dividendes et intérets)
Duration: 17 ans
Les résidents non-domiciliés à Chypre bénéficient d'une exonération totale sur les dividendes et les intérets pendant 17 ans. Combiné avec l'absence d'impot sur les plus-values (hors immobilier chypriote), c'est l'un des régimes les plus avantageux d'Europe.
Ley Beckham
Duration: 6 ans (année d'arrivée + 5 ans)
Régime fiscal spécial pour les travailleurs déplacés en Espagne. Permet d'etre imposé comme non-résident avec un taux forfaitaire de 24 % sur les revenus espagnols jusqu'à 600 000 EUR.
Cost of living
| Monthly cost (single) | 1 100 € | 1 300 € |
| Monthly cost (couple) | 1 800 € | 2 100 € |
| City center rent | 850 € | 1 050 € |
| Outside city rent | 550 € | 650 € |
| Private health insurance | 70 € | 90 € |
| Public healthcare | Accessible | Accessible |
Estimated total monthly budget (single, with city center rent)
Cyprus is approximately 400 € cheaper per month in total.
Quality of life
| Average temperature | 20°C | 18°C |
| Safety | 7/10 | 6/10 |
| Health index | 57/100 | 77/100 |
| Internet | 80 Mbps | 150 Mbps |
| Timezone vs Paris | +1h | +0h |
| French-speaking community | Small | Medium |
| Languages | Grec, Anglais, Turc | Espagnol, Catalan, Basque |
| Currency | Euro (EUR) | Euro (EUR) |
| Corruption index | 53/100 | 60/100 |
| Democracy index | 7.29/10 | 7.97/10 |
Settling in
| Residence permit delay | 2 months | 4 months |
| Company creation | 8 days | 14 days |
| Bank account | Easy | Moderate |
| Political stability | 7.5/10 | 7/10 |
| Ease of business | 54th worldwide | 30th worldwide |
Summary
Cyprus
- Top IT: 35% | Corp. tax: 12.5%
- Cost of living: 1 100 €/mo
- Safety: 7/10 | Health: 57/100
- Regime: Non-Dom (exonération dividendes et intérets) (17 ans)
Spain
- Top IT: 47% | Corp. tax: 25%
- Cost of living: 1 300 €/mo
- Safety: 6/10 | Health: 77/100
- Regime: Ley Beckham (6 ans (année d'arrivée + 5 ans))
Comparative analysis: Cyprus vs Spain
Which country has lower taxes?
In terms of taxation, Chypre is generally more advantageous. The top marginal income tax rate is 35% compared to 47% in Espagne. Corporate tax stands at 12.5% versus 25%.
Which country is cheaper to live in?
The cost of living is lower in Chypre. A single person spends about 1 100 EUR/month excluding rent, compared to 1 300 EUR/month in Espagne. City center rent averages 850 EUR versus 1 050 EUR.
Which country is safer?
Chypre scores higher on safety (7/10 versus 6/10). In terms of healthcare, Espagne leads with an index of 77/100 compared to 57/100 for Chypre.
Related comparisons
More comparisons with Cyprus 🇨🇾
More comparisons with Spain 🇪🇸
Disclaimer
The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.