Table of Contents
The Future Is Coming – Slowly
Government subsidies, growing charging network, rising EV numbers – but from a low base. Over 200 public charging points. Works but with limitations.
Subsidies and Costs
Up to €5,000 for new EVs. Excise duty exempt. Road tax: €0/year. Electricity: €2-3/100 km (vs petrol €10-12). Significant running cost savings.
This was exactly our experience: Over 200 public charging points. Works but with limitations. Subsidies and Costs Up to €5,000 for new EVs.
– Driver from Berlin, in Limassol since 2023
Charging Infrastructure
Home: wallbox €500-1,500, best and cheapest option. Public: growing AC network, DC fast charging still rare. Rural: few charging points – plan ahead.
Who Should Go Electric
Ideal: city dwellers with own parking. Difficult: rural, frequent long trips, no parking. Practical compromise: hybrid (Toyota Yaris, Hyundai Ioniq).
Electric Cars in Cyprus
Topics: The Future Is Coming – Slowly, Subsidies and Costs, Charging Infrastructure
CMC Practical Tip
Who Should Go Electric Ideal: city dwellers with own parking.
Frequently Asked Questions
With own parking (wallbox): yes, significant savings. Without: still difficult due to limited public charging.
Electricity €2-3/100km vs petrol €10-12. Road tax €0. Excise duty exempt. ~€1,200-1,500/year at 15,000 km.
Yes – especially worthwhile as excise duty exempt. Personal belongings privilege: completely tax-free.
Growing Supercharger network. Model 3/Y imported. No showroom but authorized service partners.
How CMC Supports You
At CMC Certus Management Consultants, we are here for you – not only for tax and legal questions, but also for all practical topics of everyday life in Cyprus. Our team in Larnaca and Pafos knows the local conditions first-hand.
As your local contact, we handle: company formation and management, tax advisory and Non-Dom applications, ongoing bookkeeping and tax returns, support with authorities, and referrals to estate agents, lawyers, doctors and tradespeople.