Rental Income Tax in Cyprus compared to Europe
36.00%
30.00%
29.00%
28.00%
26.04%
26.04%
25.00%
22.00%
21.00%
21.00%
20.00%
20.00%
20.00%
20.00%
20.00%
19.50%
19.00%
19.00%
17.60%
17.10%
16.50%
15.00%
15.00%
15.00%
13.50%
12.20%
12.00%
10.50%
10.00%
10.00%
10.00%
9.00%
8.50%
8.40%
8.00%
5.57%
2.94%
2.65%
Cyprus: Rental income taxes (%).
Tax on the average annual rental income in the country, based on the following assumptions:
- Gross rental income: €1,500/month
- Owned by a foreign, non-resident individual
- No other local income, no mortgage
These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.