Interest in Working in Cyprus with Tax Incentives
January 19, 2026
Under the 'Minds in Cyprus' scheme, 600 foreign workers are interested in moving to Cyprus with tax incentives. The tax exemption for those who have been abroad for seven years will increase to €25,000. However, members of the Finance Committee express concerns about unequal treatment among workers. There is also a need to reassess the plan to determine its effectiveness. Lawyers are worried about retroactive provisions that could affect existing workers in Cyprus.