Cyprus Expat Crypto Tax Calculator 🪙

Estimate your potential tax liabilities for cryptocurrency activities in Cyprus.

👋 This tool helps you estimate potential tax liabilities for your cryptocurrency activities in Cyprus. Understanding your tax obligations is crucial for a smooth life here. Please note that tax laws are complex and can change.

Your Tax Profile & Activities

What is HODLing?
Long-term crypto investors who simply hold their cryptocurrency without frequent buying/selling are considered HODLers.

🚫 In Cyprus, long-term passive holding of cryptocurrency (often considered capital gains on movable property) is currently **not subject to tax** for non-domiciled tax residents, unless it involves Cyprus real estate assets or is considered part of a business structure. This aligns with the general principle that capital gains from the disposal of movable property are not taxed in Cyprus.

What is Active Trading?
Buying and selling cryptocurrencies frequently with the intent of making profits is considered active trading. If done regularly and systematically, it may be seen as a business activity and taxed accordingly under income tax rules.
What is Crypto Mining?
Mining refers to earning new cryptocurrency by validating transactions (e.g., Proof of Work). Due to significant costs involved (hardware, electricity), only the **profits** derived from mining are generally considered income and taxed under normal personal income tax rules in Cyprus. Given Cyprus's relatively high energy costs, large-scale or traditional individual mining operations may not be economically viable here.
What is Staking?
Staking involves locking crypto to earn rewards or interest (e.g., Proof of Stake, such as Ethereum (ETH) 2.0 staking). This is often treated similarly to interest income and can be taxable in Cyprus.

General Cyprus Crypto Tax Information ℹ️

Below are general references that apply to various types of cryptocurrency activities in Cyprus:

Important Disclaimer: ⚠️ This calculator provides **estimates only** based on general interpretations of Cyprus tax laws concerning personal income tax. It **does not account for capital gains tax on non-real estate assets, corporate tax, or specific individual circumstances** (e.g., exact classification of activity, expenses, losses, or double taxation treaties). Cryptocurrency tax laws are complex and evolving. **CyExpats.com strongly recommends consulting with a qualified Cypriot tax advisor for personalized advice.** This tool is for informational purposes only and does not constitute tax advice.

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