About Cyprus

Are you looking for a job in Cyprus?

With its stunning Mediterranean coastline, vibrant culture, and unique history, Cyprus is an attractive destination for anyone looking for a job. Whether you’re a recent graduate looking for your first job or an experienced professional wanting to make a move, Cyprus can offer a wealth of opportunities.

With its warm climate and a landscape steeped in culture and history, Cyprus is one of the most cosmopolitan of all the Mediterranean islands. The weather certainly isn’t cold, with summer temperatures reaching a day peak of 44 degrees Celsius and an average of around 20-25 degrees for the rest of the year. 

There are a lot of exciting activities available in Cyprus, across our beautiful, natural landscape. Our art history and culture goes back 10,000 years, with its ties to ancient Greece. There are, of course, our wonderful beaches, sea-caves, crystal clear azure waters and mountains, which all provide the perfect setting for water sports and leisure. 

All cities in Cyprus are located within an hour’s drive from Limassol. Nicosia is the capital; but Limassol is the most diverse city, having a large international community of expatriates from the UK, the Middle East, Russia, France and many European countries

Why Cyprus

Limassol has a chic vibe all of its own, with its luxury 5 star hotels, beautiful blue-flag beaches, quayside restaurants, marinas and nightlife. Families can cycle, roller skate and have fun in peace and safety. 
 
Nicosia is home to many government offices, banking HQ’s and professional service providers such as lawyers, accountants and investment advisors. Nicosia is not coastal, unlike Limassol, therefore it doesn’t have the ‘riviera style’ charm of attracting businesses internationally. Nicosia is slightly less diverse in comparison to the other coastal cities such as Larnaca and Paphos with their rich culture and history. 
 
Nowadays co-working spaces are becoming common in Cypriot cities, a measure of the business-centric activity on the island.

Connectivity

Cyprus’ digital infrastructure offers high speed reliable connectivity; the country’s semi-government owned telecommunications company has developed an extensive submarine fibre-optic cable network linking Cyprus with neighbouring countries such as Greece, Israel, Syria, Lebanon, Egypt and, by extension, with the rest of the world. 
 
Cyprus has also developed an equally impressive satellite earth station infrastructure, which has justifiably earned a place for Cyprus as a regional telecommunications hub, together with the development of broadband and quadruple play services. 

Talent

The country’s population of around 1.2 million people, around 80% of whom speak English as a second language, are known for their sophistication and high standards of education. Cyprus has the highest percentage of citizens of working age who have higher-level education in the EU at 30%. In addition, 47% of the population aged 25–34 have tertiary education, which is the highest percentage in the EU. Cyprus’ service providers and local talent are generally graduates of the most prestigious British, European and US Universities.

Financial Sector

Total Number of employees employed at Cyprus Investment Firms (CIFs) at the end of June 2021 was 5,895 people.
 
These CIFs are further supported by an array of other firms and service providers, which raises the official number significantly and makes the financial services industry in the country sizeable and important for the economy.
 

Tech Sector

Cyprus is a destination for global talent and innovative companies, over 140 tech companies are present in Cyprus with over 8750 employees in Cyprus and 12000 employees outside Cyprus. Source: thetechisland.org  TechIsland has set an ambitious mission to make the tech industry the most impactful driver of GDP growth, tax revenue increase, and job market expansion on the island by the year 2030. The Cyprus government in October 2021 announced new incentives for the attraction of talent to Cyprus, facilitation of work permits for talent for 3rd country nationals and incentives for businesses These measures will be effective from January 2022 and further information and press release from the President of the Republic of Cyprus can be found here at the link.

Cyprus Tech Hub and Financial Centre in Europe

You can join thousands of people who have relocated here to Cyprus, the crossroads of Europe and Asia, with its modern thriving infrastructure of Telecoms, Information Technology, airports and shipping. For further information here are some useful links on living and working in Cyprus, setting up or relocating a company to Cyprus, connectivity, taxation, strategy for attracting business, strategy for attracting talent, cyprus work permits, Tech events (Reflect Fest), Forex & FinTech events and salary information. 

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