Compare taxes and see how much you save moving from Cyprus to Malta
Both islands offer non-dom regimes, but they work differently. Cyprus: Non-doms pay 0% on dividends and interest for 17 YEARS. Malta: Non-doms pay 0% on foreign income NOT remitted to Malta + €5,000 minimum tax. Cyprus has a generous €19,500 tax-free threshold; Malta starts taxing from €0. For employment income: Cyprus is cheaper at most levels. For investment income: Cyprus non-dom is unbeatable (17 years tax-free). For business owners: Malta's imputation system can reduce effective corporate+dividend tax to ~5%. Choose Cyprus if: you have dividend/interest income, want longer non-dom duration, or seek simpler rules. Choose Malta if: you're a business owner wanting 5% effective rate, can avoid remitting income, or want iGaming/crypto-friendly jurisdiction.
Top Rate
Non-dom: 17 years tax-free dividends
Top Rate
Non-dom: remittance basis
At €100,000 dividends income:
That is €833/month back in your pocket!
| Income | CY Tax | MT Tax | Savings | 10-Year |
|---|---|---|---|---|
| €50,000 salary | €5,625 (after €19,500 exempt) | €8,750 | Cyprus saves €3,125 | €31,250 |
| €80,000 salary | €13,000 | €17,500 | Cyprus saves €4,500 | €45,000 |
| €100,000 dividends (non-dom) | €0 (17 years!) | €0 if not remitted | Both €0 under non-dom | €0 |
| €100,000 dividends remitted | €0 (non-dom) | €15,000 (15% flat on remittance) | Cyprus saves €15,000 | €150,000 |
| €200,000 via Malta company | N/A | ~€10,000 (5% effective!) | Malta company wins for business | €1M+ vs standard |
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Hiring Internationally? Deel Handles Compliance →Cyprus for investment income (17 years tax-free on dividends/interest, can remit freely). Malta for business owners (5% effective via company structure, but €5,000 minimum + can't remit without tax). Cyprus is simpler; Malta requires careful structuring but offers lower business rates.
Malta charges 35% corporate tax, BUT shareholders can claim 6/7ths refund when dividends are distributed. Net effect: 35% - 30% refund = 5% effective. This requires a Malta company with non-resident shareholders. Setup costs ~€5,000-10,000 but saves fortunes on business profits.
Yes! Cyprus non-doms can remit dividend and interest income freely—it remains tax-free. Malta non-doms trigger 15% flat tax on remitted foreign income. This makes Cyprus dramatically better for people who want to actually USE their investment income locally.
Cyprus wins decisively. €80,000 salary: Cyprus ~€13,000 tax (€19,500 exempt, then 20-35%). Malta ~€17,500 tax (0% threshold, rates 0-35%). Cyprus's generous exemption gives a €4,500/year advantage at this level. Malta's €5,000 non-dom minimum also applies.
Malta wins for crypto and iGaming. Malta has the world's first comprehensive crypto regulatory framework and is the EU's iGaming hub. Cyprus is catching up but lacks Malta's established ecosystem. If you're in these industries, Malta's infrastructure and talent pool justify the tax complexity.