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Head-to-head · tax residents 2026

Spain or Cyprus: 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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FactorES flag Spain ↗CY flag Cyprus ↗
Top personal income tax47%35%
Corporate tax25%*15%*
Capital gains taxTaxedNone
Dividend tax19% to 28%0%
VAT / sales tax21%19%
Wealth taxYesNo
Inheritance taxYesNo
Foreign incomeWorldwideWorldwide
Headline expat regimeBeckham LawNon-dom + 50% exemption
Cost of living (vs your country)6465
Population49,355,1431,370,754
Area504,782 km²9,250 km²
Population density98/km²148/km²
Airports (large + medium)555
Annual tourists93,759,3004,040,200
Flight time from your country··
Direct flight likely?··
Life expectancy83.8 yrs81.8 yrs
Safety (homicides/100k)0.70.8
Happiness (0-10)6.46.16
Corruption index (higher = cleaner)62/10057/100
Double-tax treaties (approx)~93~68
Internet speed (median fixed)278 Mbps166 Mbps
Healthcare spend / person$3,107$2,899
Air quality (PM2.5, lower=better)10.0816.07
Time zone (approx)UTCUTC+2
Digital nomad visaYesYes
Official languages1 (Spanish)2 (Turkish, Modern Greek)

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.

* Spain: 15% for newly created companies (first 2 profitable years) and qualifying start-ups (first profitable year + 3). Micro-enterprises (turnover Cyprus: 12.5% up to 31 Dec 2025; rises to 15% standard rate from 1 Jan 2026.

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ES flag Spain or Portugal PT flagES flag Spain or Italy IT flagCY flag Cyprus or Portugal PT flagCY flag Cyprus or Italy IT flag
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