Non-Dom

Non-Dom, short for non-domiciled, is a tax regime for individuals residing in a country but having a legal domicile abroad. Under this regime, income arising outside the territory is often exempt or taxed at a lower rate if not remitted to the country.

The Non-Dom regime was a hallmark of the UK tax system for over two centuries. However, the UK officially abolished this regime from 06/04/2025, replacing it with a residency-based mechanism called Foreign Income and Gains (FIG) applicable for the first 4 years.

Nevertheless, many European countries still maintain similar preferential regimes to attract wealthy individuals. Cyprus, Greece, Malta, and Italy are among the destinations offering attractive tax incentives for new residents with foreign-sourced income.

For investors considering relocating, comparing active tax regimes is a key factor, as each country's policy can change significantly from year to year.

Learn about tax advantages for residents at a typical destination via the page Cyprus residency by investment.