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A non-domiciled resident living on investments

€80,000 of dividends and €10,000 of interest a year, no salary.

Checked on 25 September 2026

The case

Someone who lives in Cyprus on investments: €80,000 of dividends and €10,000 of bank interest a year, no salary. Tax resident in Cyprus, but not domiciled here.

What to notice

  • Dividends and interest are exempt from income tax. For a non-domiciled resident they carry no defence contribution either; what remains is GESY at 2.65%, €2,385 a year.
  • The 2026 reform changes nothing here: the bands never reach this income, and the non-dom position already keeps it out of the defence contribution.

The working

Annual euros. Each column is the same person under that year’s rules.
The working20252026Change
Dividends€80,000.00€80,000.00—
Interest€10,000.00€10,000.00—
GESY on dividends and interest€2,385.00€2,385.00—
Everything paid€2,385.00€2,385.00—
Kept for the year€87,615.00€87,615.00—
Kept per month€7,301.25€7,301.25—
Share of income paid2.7%2.7%

The rule behind it

More examples

A kind of taxpayer, not a real person. The figures are computed from the case above by the same code the calculator runs, at the moment this page is opened. They are not advice on your own position.