Skyline view of Nicosia's diverse architecture under a clear blue sky.Charming European street with colorful shutters and historic architecture in a quiet neighborhood.A woman walks through historic stone arches in Kalo Chorio, Nicosia, Cyprus.Bustling street in Nicosia, Cyprus with cafes, shops, and people under colorful shades.Beautiful view of Agios Raphael Church with its stunning facade under a clear blue sky in Cyprus.

Cyprus

Europe · Southern Europe

High PeaceModerate Cost of Living
Very High Development
Population1.4M154th
GDP / Capita$39KHigh
PPP / Capita$63KHigh
Gender Inequality0.253Low
Life Expectancy82 yrsVery High

Low 12.5% corporate tax, EU passport route, year-round warm weather.

💻

Digital Nomad

Ideal destination

🏡

Expat

Ideal destination

At a Glance

67
HighSafety
51
ModerateCost of Living
80
Very HighQuality of Life
🌍

Cyprus

Cyprus is a Mediterranean island with a sun-soaked climate, ancient ruins, beautiful beaches, and a food culture that reflects its position at the crossroads of Greek, Turkish, Lebanese, and Middle Eastern influences. The old towns of Nicosia, Limassol, and Paphos each have their own character, and the Troodos mountains offer cool relief and Byzantine frescoed churches. It is a versatile destination that suits beach lovers, history enthusiasts, and food travellers alike.

  • The only EU member state with part of its territory under foreign military occupation.
  • Nicosia is the world's last divided capital city.
  • Has two international airports — one controlled by Turkey, one by Cyprus.
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Quick Facts

Capital

Nicosia

Languages

Greek, Turkish

Currency

EUR

Area

9,240 km²

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Nomad Hub

Fixed Broadband

160Mbps

Very Fast45th globally

Mobile

105Mbps

Fast46th globally
EnglishModerate
PlugType G

💻Digital Nomad Visa

Min. Income

€3,500/mo

Duration

12 months

Renewable

Yes

Application Fee

~€140

~$153

Application difficultyMedium
Tax treatmentSpecial/flat rate
Processing time~30 days
Health insuranceRequired
DependentsYes
Apply onlineIn person / consulate
Path to residencyYes
Open to all nationalitiesRestricted

GDP / Capita

i

$39K

High

PPP / Capita

i

$63K

Very High

Inflation

i

1.8%

Low

Unemployment

i

4.9%

Low

Innovation (GII)

i

45.5

Top 25%

GNI / Capita

i

$33K

High

Tax Revenue

i

23.9%

FDI Inflows

i

-133.8%

Education Spend

i

4.7%

Cost of Living

i

58.8

Moderate

Price Level Index

i

26th pct

Moderate

20-Year Trend + IMF Forecast

Income & inflation over time

i
+55% nominal+27% real
$26K$53K$80K5%200520102015202020252027
GDPPPPInflationIMF forecast