Relocating investor: a materially lower lawful tax bill via non-dom

The challenge

A private investor living mainly on dividend income had moved to Cyprus but was not set up to use the non-dom regime, and the residency position was undocumented. Reliefs were being missed and the Special Defence Contribution was being paid unnecessarily.

What we did

• Established Cyprus tax residency cleanly under the 60-day rule with a documented home and tie
• Confirmed and registered non-domiciled status — 0% SDC on dividends and interest
• Reviewed the wider structure so distributions and investment income were taxed efficiently and lawfully
• Put the documentation in place to support the position

The outcome

On the client's income profile the combination of non-dom status and the correct residency route saved an estimated €14,000 a year, fully within the law — with a defensible, documented position rather than a fragile one.