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Dividend Tax Summary for Expats

Expats Living and Working Abroad  in the UK can enjoy lower tax by receiving dividend income. The dividend tax rates are progressive and for higher rate tax payers.

Other jurisdictions treatment of dividend tax depends upon the Double Taxation treaty between your home country of domicile and country of tax residence.

Sometimes, like Portugal and the UK, this means the dividends could be taxed back in the UK.

Cyprus has created in law a non domiciled status of tax residence for expats Living and Working Abroad  in Cyprus.  This allow them to enjoy up to 17 years of 0% tax on dividend income from around the world.

That it is a tax applied at 0% means the income is protected from taxation elsewhere as the treatment is in Cyprus.

This apples for individual tax payers whether investors or contractors or business owners including PSC operators.  

For other expats around the world using a Cyprus International Trust as a holder of shares can also mean that dividends can be paid with 0% tax.

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