Moving to Cyprus from India.
India is now the largest source of new residence permits in Cyprus. Indian residence rules and the Reserve Bank's rules on investing abroad decide much of what is possible. These answers come from the Income Tax Department, the RBI and the EU.
Updated
The short version
- Indians need a visa for Cyprus, unless they hold a valid multiple-entry Schengen visa or permit.
- The 2016 treaty applies, and Cyprus is no longer a notified jurisdictional area.
- Investing in a Cyprus company from India runs through the RBI's LRS and ODI rules.
- A Cyprus company run from India can be Indian resident for tax.
Moving and residence
Tax
- Is Cyprus still a notified jurisdictional area for India?No. India rescinded Cyprus's notification as a notified jurisdictional area on 14 December 2016, with effect from 1 November 2013, and a new India–Cyprus tax treaty came into force the same day.
- When do I stop being resident in India for tax after moving to Cyprus?Under the Income-tax Act 2025, in force since 1 April 2026, you are resident if you spend 182 days or more in India in the tax year, or 60 days in the year and 365 days over the four years before. Indian citizens leaving India for a job abroad are judged on the 182-day test only.
Your company
Sources
- Cyprus Ministry of Foreign Affairs: countries whose nationals need a visa gov.cy
- Decision No 565/2014/EU on recognising Schengen visas (EUR-Lex) eur-lex.europa.eu
- Migration Department: legislation and policy gov.cy
- Migration Department: digital nomads and family members gov.cy
- Cyprus Ministry of Finance: double tax treaties mof.gov.cy
- Business Standard: revised India–Cyprus treaty notified (16 December 2016) business-standard.com
- CBDT: the Income-tax Act 2025 comes into force on 1 April 2026 incometaxindia.gov.in
- Income Tax Department: residence in India (section 6) incometaxindia.gov.in
- Reserve Bank of India: Liberalised Remittance Scheme rbi.org.in
- Reserve Bank of India: directions on overseas investment rbi.org.in
Information, not advice. These answers describe the published rules as they stand on 12 October 2026. Tax and residence rules depend on your own circumstances; check your position with a qualified tax adviser before you act on them.
Moving from India?
Tell us where you are and what you have in mind. We reply with your price, in writing, and a time to talk.
