The tax system · Estates

No inheritance tax. But your will controls less than you think.

Cyprus takes nothing on death, which is why so many people hold assets here. What it does instead is decide, by statute, who inherits most of your estate. And in 2015 it quietly removed the exemption that British owners had relied on for decades.

0%Inheritance tax since 2000
25%Freely disposable, spouse and children
2015British exemption repealed
Cap 195The governing law
The short answer

Nothing to pay, less to decide

Cyprus abolished inheritance tax with effect from 1 January 2000. There is no estate duty, no succession duty and no gift tax. On the tax question, the island is about as clean as Europe gets.

The trade is that Cyprus is a forced heirship jurisdiction. Under the Wills and Succession Law, Cap 195, a fixed share of your estate, the statutory portion, is reserved by law for close family. Your will directs only what is left over, the disposable portion.

For anyone arriving from a common law system this is the genuinely foreign part. In England you can, in principle, leave everything to a cats' home. In Cyprus, if you have a spouse and children, three quarters of your estate is already spoken for before you write a word.

None of this is a reason to avoid holding assets here. It is a reason to write the will deliberately rather than assume the habits of home travel with you.

Three separate questions

  • Is there tax on death? In Cyprus, no
  • Who inherits? Cap 195 decides most of it
  • Whose law applies? Possibly yours, if you elect
  • Is my home country still taxing me? Very possibly, and that is the one people forget
The instrument

How much of your estate can your will actually direct?

The statutory portion is not a percentage of your choosing. It is set by who survives you.

Statutory portions under the Wills and Succession Law, Cap 195, as at 2026. Simplified: the precise division among a class of heirs, and the position where some predecease you leaving issue of their own, need proper advice on the actual family tree.

Your will controls
75%
25%
Reserved by law Yours to direct

Read this twice

The 2015 repeal that most British owners never heard about

For decades, Section 42 of Cap 195 carved out an exemption. A person whose father was born in the United Kingdom or a Commonwealth country could dispose of their estate freely, regardless of domicile. In practice that gave most British owners of Cyprus property full testamentary freedom, and a great deal of advice was written on that basis.

Section 42 was repealed by Law 96(I)/2015, with effect from 3 July 2015. The repeal is prospective, so estates of people who died before that date are unaffected. Everyone else is now fully inside the forced heirship regime.

The practical consequence is uncomfortable. A Cyprus will drafted before mid-2015, or drafted since then by someone working from older material, may distribute an estate in a way the law will not now permit. The document reads perfectly well. It simply no longer does what it says.

If you own Cyprus property and your will predates July 2015, that is the single most useful thing on this page.

Survived byReserved by lawYour will directs
Spouse and children75%25%
Children, no spouse75%25%
Spouse and parents, no children50%50%
Spouse only50%50%
None of the above0%100%

Where a spouse and children both survive, the spouse takes a quarter and the children a half between them, leaving a quarter disposable. Simplified for clarity: the exact division within a class depends on the family tree.

The planning move

Electing your own national law

The EU Succession Regulation gives you a lever. It has to be pulled deliberately, in the will itself.

What Article 22 allows

Under Regulation 650/2012, you may elect in your will for the law of your nationality to govern your succession. For someone from a jurisdiction with full testamentary freedom, that election is the mechanism for stepping outside Cypriot forced heirship.

It is not automatic

The choice must be made expressly and clearly in the will. Absent a valid election, the default rule applies and Cyprus law governs. A vaguely worded clause is worse than none, because it invites a dispute at exactly the moment nobody can ask you what you meant.

Where it gets contested

How far the election reaches in respect of Cyprus-situated immovable property is not treated uniformly by practitioners. Some regard the election as decisive; others consider forced heirship to bite on local land regardless. Get a written opinion rather than a reassurance.

Why we are hedging, deliberately

Most pages on this subject state one of those two positions with total confidence, and they do not agree with each other. We are not going to pick a side on your behalf about the destination of your house. What we can say plainly is this: the election is standard practice, it is cheap to include, it is very likely to help, and its effect on Cyprus land specifically is the part to have confirmed in writing by the lawyer drafting the will. If someone tells you the answer is obvious, ask them which way, and then ask the next one.

The tax that does not go away

Cyprus takes nothing. Your home country might.

A zero rate in Cyprus is not a zero rate overall. Inheritance tax generally follows domicile, not residence, and domicile is sticky in a way that tax residency is not.

For British expatriates this is the recurring problem. UK inheritance tax can continue to reach a worldwide estate long after someone has left, and the rules moved again with the post-2025 shift toward a long-term residence test. Moving to Cyprus changes your income tax position quickly and your inheritance tax position slowly, if at all.

The order that works is: understand what your home country will still claim, then decide what Cyprus law does with what is left, then draft. Doing it the other way round produces a tidy Cyprus will attached to an unresolved foreign liability.

Our UK page covers the British exit tails, and the tax system page covers domicile and the non-dom regime.

A sensible sequence

  • 1. Establish where you are domiciled, not just resident
  • 2. Check what your home country still taxes on death
  • 3. Decide whether to elect your national law
  • 4. Draft a Cyprus will for Cyprus assets
  • 5. Check the two wills do not revoke each other
Questions

What owners actually ask

No. Cyprus abolished inheritance tax with effect from 1 January 2000 and has no estate duty, succession duty or gift tax. This is one of the genuinely strong reasons people hold assets here. It does not mean your estate is unaffected by tax elsewhere: your country of domicile may still tax the same assets, and for British expatriates UK inheritance tax is the usual culprit.
Under the Wills and Succession Law, Cap 195, part of your estate is reserved by law for close family and cannot be given away by will. That reserved part is the statutory portion. If you leave a spouse and children, only a quarter of the estate is freely disposable. If you leave a spouse but no children, or children but no spouse, the free share is a half and a quarter respectively. A will can only direct the disposable portion.
No, and this is the most common piece of out-of-date advice about Cyprus estates. Section 42 of Cap 195 used to let people whose father was born in the United Kingdom or a Commonwealth country dispose of their estate freely. It was repealed by Law 96(I)/2015 with effect from 3 July 2015. British owners who have not revisited their Cyprus will since then may be relying on an exemption that no longer exists.
The EU Succession Regulation 650/2012 lets you elect, in your will, for the law of your nationality to govern your succession. Many foreign owners of Cyprus property make that election specifically to step outside forced heirship. The election must be made expressly and clearly, because without it Cyprus law applies by default. How far the election reaches in respect of Cyprus-situated immovable property is treated differently by different practitioners, so this is a point to have advised in writing rather than assumed.
Usually yes, for Cyprus assets. A local will deposited in Cyprus makes the estate far easier and faster to administer than a foreign will that has to be proved abroad and then recognised here. The important part is that the two wills are drafted together so that neither accidentally revokes the other, which is a genuinely common and expensive error.
The estate passes on intestacy under Cap 195, which distributes it among surviving family in a statutory order. Since forced heirship already reserves most of the estate for close family, intestacy is often less catastrophic in Cyprus than in a fully testamentary system. It is still slower, less certain, and gives you no say over the disposable portion.

If your Cyprus will predates July 2015, read it again.

The exemption it may be relying on was repealed. Reviewing it costs an hour. Not reviewing it costs your family the argument.

Sources and verification

Checked against primary legislation on 3 August 2026.

One point on this page is genuinely unsettled rather than merely simplified: the reach of an Article 22 choice-of-law election over Cyprus-situated immovable property, where reputable practitioners take opposing views. We have set both out rather than choosing one. The statutory portions are also stated in simplified form, since the division within a class of heirs depends on the actual family tree. This page is general information about the law and is not legal advice; we are not a law firm and estate planning is one of the areas where that distinction matters most.