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Head-to-head · tax residents 2026

Cyprus or Colombia: which should you move to?

Two of Europe's top relocation targets, both with newcomer regimes. Here is how they compare on the taxes that move the needle.

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FactorCY flag Cyprus CO flag Colombia
Top personal income tax35%39%
Corporate tax15%*35%*
Capital gains taxNoneTaxed
Dividend tax0%39%
VAT / sales tax19%19%
Wealth taxNoYes
Inheritance taxNoYes
Foreign incomemundialmundial
Headline expat regimeNon-dom + 50% exemptionZonas Francas (Free Trade Zones)
Cost of living (vs your country)6538
Population1,370,75453,425,635
Area9,250 km²1,138,910 km²
Population density148/km²47/km²
Airports (large + medium)560
Annual tourists4,117,0001,396,000
Flight time from your country··
Direct flight likely?··
Life expectancy81.8 yrs77.9 yrs
Safety (homicides/100k)0.824.9
Happiness (0-10)6.166.16
Corruption index (higher = cleaner)57/10039/100
Double-tax treaties (approx)~68~13
Internet speed (median fixed)166 Mbps214 Mbps
Healthcare spend / person$2,899$644
Air quality (PM2.5, lower=better)16.0718.36
Time zone (approx)UTC+2UTC-5
Digital nomad visaYesYes
Official languages2 (Turkish, Modern Greek)1 (Spanish)

Green = more favourable. Cost of living shown as a percentage of your home country (under 100% = cheaper than home). Tax data: compiled by us, being re-verified; cost of living: World Bank PPP; area & population: GeoNames; life expectancy & homicide rate: World Bank.

* Cyprus: 12.5% up to 31 Dec 2025; rises to 15% standard rate from 1 Jan 2026.  ·  Colombia: 35% general; +5% surcharge for financial institutions through 2027; 5-15% price-triggered surtax for oil/coal; Free Trade Zone qualifying users 20%.

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CY flag Cyprus or Spain ES flagCY flag Cyprus or Portugal PT flagCO flag Colombia or Spain ES flagCO flag Colombia or Portugal PT flag

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