Cyprus
Portugal
Cyprus vs Portugal
Complete comparison for your tax relocation
Taxation
| Top income tax bracket | 35% | 48% |
| Corporate tax | 12.5% | 19% |
| Capital gains | 0% | 0% |
| VAT | 0% | 23% |
| Tax treaty with France | Yes | Yes |
| Special regime | Non-Dom (exonération dividendes et intérets) | Incentivo Fiscal à Investigação Científica e Inovação (IFICI) |
| Wealth tax | No | No |
| 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.
Incentivo Fiscal à Investigação Científica e Inovação (IFICI)
Duration: 10 ans
Successeur du NHR depuis 2024. Taux forfaitaire de 20 % sur les revenus portugais pour les nouveaux résidents fiscaux exerçant des activités à haute valeur ajoutée ou dans la recherche scientifique.
Cost of living
| Monthly cost (single) | 1 100 € | 1 200 € |
| Monthly cost (couple) | 1 800 € | 1 900 € |
| City center rent | 850 € | 950 € |
| Outside city rent | 550 € | 600 € |
| Private health insurance | 70 € | 80 € |
| Public healthcare | Accessible | Accessible |
Estimated total monthly budget (single, with city center rent)
Cyprus is approximately 200 € cheaper per month in total.
Quality of life
| Average temperature | 20°C | 17°C |
| Safety | 7/10 | 7/10 |
| Health index | 57/100 | 72/100 |
| Internet | 80 Mbps | 120 Mbps |
| Timezone vs Paris | +1h | -1h |
| French-speaking community | Small | Medium |
| Languages | Grec, Anglais, Turc | Portugais |
| Currency | Euro (EUR) | Euro (EUR) |
| Corruption index | 53/100 | 61/100 |
| Democracy index | 7.29/10 | 7.95/10 |
Settling in
| Residence permit delay | 2 months | 6 months |
| Company creation | 8 days | 5 days |
| Bank account | Easy | Moderate |
| Political stability | 7.5/10 | 8/10 |
| Ease of business | 54th worldwide | 39th 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)
Portugal
- Top IT: 48% | Corp. tax: 19%
- Cost of living: 1 200 €/mo
- Safety: 7/10 | Health: 72/100
- Regime: Incentivo Fiscal à Investigação Científica e Inovação (IFICI) (10 ans)
Comparative analysis: Cyprus vs Portugal
Which country has lower taxes?
In terms of taxation, Chypre is generally more advantageous. The top marginal income tax rate is 35% compared to 48% in Portugal. Corporate tax stands at 12.5% versus 19%.
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 1 200 EUR/month in Portugal. City center rent averages 850 EUR versus 950 EUR.
Which country is safer?
Both countries have an identical safety score of 7/10.
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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.