Pitfalls of the 60-Day Rule in Cyprus
Hello! I often see claims that you can become a tax resident in Cyprus in just 60 days, but I rarely see any real reviews about the difficulties. What pitfalls did you encounter: banks, taxes, income verification, renting a home? Were there any additional requirements that came to light later in the process? I'm also curious how long it took from the first step to receiving confirmation of residency. Please share your honest opinion—is it worth it?
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I was also nervous when I first heard about obtaining tax residency in Cyprus in 60 days—it seemed too easy. But my experience was much more pleasant than I expected, and now I can confidently say: yes, it's real and worth it! The process https://investment-cyprus.com/how-to-become-a-cyprus-tax-resident-in-60-days/ itself was clearly structured, and there were no surprises with the banks—the employees helped me prepare all the documents, opened an account quickly, and explained the income verification requirements. Renting a place was also straightforward: they helped me choose suitable options and draft a contract to ensure everything complied with immigration regulations. The only thing that took time was collecting the documents and verifying compliance, but with competent support, this step was easy.