The events organized by the “Minds in Cyprus,” which took place in Birmingham and London, with the aim of connecting the Cypriot diaspora with the job market and professional opportunities in Cyprus.

The two events, held on June 22 and 23, respectively, were attended by more than 350 Cypriot professionals, while 24 companies and organizations from Cyprus presented more than 110 highly specialized job openings in sectors such as technology, fintech, financial and professional services, research, innovation, and energy.

The government was represented by Deputy Minister to the President Irini Piki, who presented the results of the initiative’s first year of implementation, the available repatriation incentives, and the employment prospects currently offered by the Cypriot economy.

As stated in a press release from the Presidency, according to Ms. Piki, the initiative aims to make Cyprus a realistic and attractive option for professionals considering the next step in their careers, whether by returning to the country or through partnerships with Cypriot businesses and organizations.

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The Deputy Minister emphasized that the Cypriot economy has performed strongly in recent years, with high growth rates, low unemployment, and improved fiscal indicators—a fact that is driving increased demand for skilled workers in high-value-added sectors.

Special mention was made of the online platform “Opportunities for Talent,” through which more than 700 professionals have already registered, while over 330 specialized job openings have been posted by companies and organizations operating in Cyprus.

During the events, the tax incentives offered to those who choose to return to Cyprus were also presented, including the new 25% tax exemption on employment income for Cypriots who have resided abroad for at least seven years, as well as existing provisions that provide for tax exemptions of up to 50% in specific cases.

At the same time, measures were presented aimed at facilitating relocation, such as expediting procedures for professional licenses and the recognition of qualifications, support for families regarding education and settlement, as well as the provision of comprehensive information through a dedicated online portal.

The events were organized by the Government and Invest Cyprus, with the support of the Cyprus Chamber of Commerce and Industry and the Cypriots in the City network. The initiative is part of the Government’s strategy to attract skilled professionals and leverage the expertise of Cypriots who have excelled abroad.

Source: CNA