Cyprus Capital Gains Tax Calculator

What this uses, and what it does not

The rate is 20% under Article 4 of the Capital Gains Tax Law 52/1980, unchanged by the 2026 reform. The exemptions and the aggregate ceiling are from the Tax Department's capital gains page.

This figure is an over-estimate, and usually a large one.Indexation allowance under Article 6 lets you uprate what you paid, and your capital expenditure, for inflation since you bought. That often removes a substantial part of the gain, and this calculator does not apply it, because doing so needs the Tax Department's monthly inflation values tableand we would rather leave it out than approximate it. Expect a real assessment to come in lower.

Also not handled:

• Main residence conditions. The exemption needs at least five years of exclusive own occupation, ten if this is not your first disposal of a main residence, on land up to 1,500 square metres. A larger plot is taxed proportionally on the excess land, and disposing more than a year after you stopped living there gives no exemption at all.
• Where a previous claim was of the same kind. The calculator applies the overall lifetime ceiling. If the exemption you used before was the same one you are claiming now, your remaining balance of that specific exemption may be lower than shown.
• Disposals outside the charge. Transfer on death, gifts between spouses, from parent to child and between relatives up to the third degree, exchanges where the gain is rolled into the new property, company reorganisations and expropriations.
• The boundary with income tax. If your dealing amounts to trading, the profit is taxed as income at income tax rates instead, and the Tax Department applies ten badges of trade to decide which regime you are in.
• Share disposals. Shares deriving value from Cyprus immovable property are inside the charge, with a 20% value test that this calculator does not model.