How Alexandrou Corporate Services Helps British Nationals Navigate the End of the UK Non-Dom Regime

The UK officially abolished its non-domiciled (non-dom) tax regime on 6 April 2025, marking the biggest shift to international taxation in decades. For high-net-worth individuals and globally mobile professionals, the new rules significantly increase the long-term tax cost of remaining UK-resident.

At Alexandrou Corporate Services, we help British nationals understand these changes and explore Cyprus as a highly advantageous alternative for tax residency, wealth planning, and relocation.

 How has the UK Tax Regime Changed?

The UK has moved to a residence-based tax system. Key reforms include:

• Worldwide taxation: UK residents are now taxed on all global income and gains.

• Removal of the remittance basis: Foreign income is fully taxable, even if not remitted.

• End of trust protections: Offshore trust gains are now taxed annually if the settlor is UK-resident.

• New IHT rules: Worldwide assets may be subject to Inheritance Tax after 10 years of residence—and for up to 10 years after leaving.

• Transitional window until 2028: Reduced tax rates (12–15%) for remitting historic foreign income.

  
  

These changes make previous tax planning structures far less effective.

Why Cyprus Is Rising as the Smartest Choice

Cyprus offers a transparent, EU-aligned, and highly favourable tax system—making it one of the most attractive options for those reevaluating UK residency.

Key Advantages

• Attractive Non-Dom regime: 0% tax on dividends and passive interest for 17 years.

• Reduced income tax: 50% exemption for individuals earning over €55,000, lowering effective rates to 3.6%–17.5%.

• No wealth, gift, or inheritance tax: Ideal for asset protection and succession planning.

• Flexible residency rules: Qualify via the 183-day rule or the 60-day tax residency option.

Residency Through Real Estate

Cyprus also offers a streamlined Permanent Residency Program, allowing third-country nationals—including British citizens—to secure EU residency through a property investment of €300,000 + VAT.This provides access to Cyprus’s tax regime while enjoying a high-quality Mediterranean lifestyle.

How Alexandrou Corporate Services Can Help

We provide end-to-end support for individuals and families relocating to Cyprus, including:

• Tax residency planning

• Non-Dom registration

• Corporate and business relocation

• Permanent residency applications

• Property due diligence through trusted partners

• Full compliance and advisory services

Take Control of Your Tax Future

The UK’s new tax landscape is prompting many to reconsider where they live and invest.Cyprus offers stability, efficiency, and a clear path to long-term financial planning.

Contact Alexandrou Corporate Services to explore how Cyprus can help secure your financial future with confidence.