Minds in Cyprus: Cyprus Supports the Repatriation of High Skilled Professionals

The Cyprus government has recently launched the “Minds in Cyprus” initiative, an ambitious programme aimed at encouraging highly skilled Cypriots residing abroad, to return to Cyprus and contribute to the country’s ongoing economic and scientific transformation.

The programme is a key part of the Government’s broader strategy to strengthen the ties with Cypriot talents living abroad and enhance innovation, research and other high-value industries.

The initiative provides a comprehensive package of benefits, including:

• Tax incentives – The government will introduce reduced tax rates for returning high skilled professionals.
• Labour market access – Assistance with job placement and career development.
• Family support – Help with housing, education opportunities and access to accelerated naturalisation procedures for spouses or civil partners of the returning Cypriot professionals.

Priority Sectors Include:

• Information Technology.
• Pharmaceuticals & Biomedicine.
• Financial Services.
• Clean Energy.
• Science & Research.

Cyprus offers a compelling value proposition for Cypriots seeking to return to the island, while advancing their careers.

We are awaiting new announcements from the Cyprus Government with further information on the initiative.

Are you considering returning to Cyprus or exploring what Cyprus has to offer?
Contact us at info@paraschou.com.cy.