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    Cyprus - taking crypto profits into USDC

    The guidance in relation to the VAT treatment of cryptocurrencies is currently very limited. Cryptocurrencies profits are exempt from VAT, Bitcoin shall be treated as a currency because its main purpose is to be used as a direct means of payment. However, if you regularly make a profit from...
  2. K

    Cyprus New Tax and Visa Relocation Incentives

    Digital Nomad Visa Period: 12 months, with the right to renew it for another two years; i.e 3 years Conditions: - Employers and clients are located outside Cyprus - Salaries at least €3,500 euros per month - Medical coverage, and - Clear criminal record from the country of...

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