Inheritance tax in Cyprus 2026

Cyprus charges nothing on death or on gifts: 0% whatever the asset, the amount or the relationship between the parties.

There is no wealth tax and no annual real estate tax either — the only property cost on death is administrative.

At a glance

top rate: 0%
entry band: 0%
tax year basis: Not applicable
filing deadline: None
residency basis: No inheritance or gift tax for anyone, on any assets
regime flag: International trusts with non-resident beneficiaries: fully exempt

Rate	Base	Applies to
0%	—	All inheritances — estate duty abolished in 2000
0%	—	All lifetime gifts
0%	—	No wealth tax; annual real estate tax abolished in 2017

There is nothing to trigger — no estate, inheritance or gift tax exists for residents or non-residents.

Identical: Cyprus assets pass to foreign heirs with 0% Cypriot tax, though the heir's own country may still tax the inheritance.

Watch the capital gains angle instead: inherited Cyprus property keeps the value at the date the deceased acquired it, so the heir inherits the built-in gain for the 20% property tax.
Gifting crypto counts as a disposal under the new 8% crypto rules — a gift can create a tax bill for the giver.
Cyprus international trusts are exempt from all Cypriot taxes when no beneficiary is a Cyprus resident.
Combined with no wealth tax and no securities gains tax, estates of financial assets pass entirely untaxed.

Does Cyprus have inheritance tax?

No — 0% since estate duty was abolished in 2000, and there is no gift tax either.

Do heirs pay anything on Cyprus property?

Nothing on inheriting it; but on a later sale the 20% capital gains tax uses the deceased's original acquisition value as the base.

Figures: tax year 2026, compiled from public sources. Not tax advice.