Visa Incentives & Digital Nomads In Cyprus

What has changed for digital nomads and international businessmen and women?

In its effort to increase the number of high-tech and innovation headquartered, the Cyprus government has announced new visa and tax incentives to attract them, which are officially voted in January 2022.

Below you will find the measures simplified:

Digital Nomad Visa

Period: 12 months, with the right to renew it for another two years; i.e 3 years

Conditions:

- Employers and clients are located outside Cyprus

- Salaries of at least €3,500 per month

- Medical coverage, and

- Clear criminal record from the country of residence/origin

Establishment of a Business Facilitation Unit

- Act as the focal point of contact for existing companies relocated to Cyprus or new ones wishing to operate from Cyprus