Cyprus Reopens Digital Nomad Visa Scheme: A Gateway for Remote Professionals

The Cyprus Migration Department has officially reopened applications for the Cyprus Digital Nomad Visa Scheme, creating new opportunities for remote workers and entrepreneurs from outside the EU/EEA to live and work in Cyprus.

A Strategic Move to Attract Global Talent

The initiative targets third-country nationals who wish to reside in Cyprus while working remotely for companies or clients located abroad, using telecommunications technology. It supports the government’s broader strategy to position Cyprus as a hub for digital innovation and a preferred destination for mobile professionals.

By attracting skilled individuals from around the world, the scheme is set to enhance the island’s business ecosystem, contribute to the local economy, and strengthen Cyprus’ reputation as a dynamic base for global talent.

Why Cyprus?

Cyprus offers digital nomads:

• A high standard of living with excellent healthcare and education systems
• Modern infrastructure and reliable internet connectivity
• Favourable weather year-round
• Strategic location at the crossroads of Europe, Asia, and Africa
• A stable legal and tax framework ideal for international professionals

Key Eligibility Criteria

Applicants must fulfil the following requirements:

• Be a non-EU/EEA national.
• Perform remote work through telecommunications technology.
• Be employed by a foreign company or be self-employed with clients located outside Cyprus.
• Hold an employment or service contract that is either indefinite or for at least the duration of their stay.
• Demonstrate a net monthly income of at least €3,500 after taxes, with additional income thresholds for dependents (+20% for a spouse/partner, +15% per child).
• Provide a valid rental agreement or property title deed in Cyprus.

Applications must be submitted to the Cyprus Migration Department within three months of arrival. The processing time is usually between 5–7 weeks.

Residence and Family Benefits

• The visa is valid for one year and can be renewed for an additional two years.
• Family members (spouse/partner and minor children) may accompany the digital nomad but cannot work or engage in business activities in Cyprus. They must also apply for a temporary residence permit.
• If the digital nomad and their family stay in Cyprus for 183 days or more within the same tax year, and are not tax residents elsewhere, they are considered Cyprus tax residents.

Attractive Tax Regime

Cyprus offers significant tax incentives for Digital Nomads:

• 0% tax on dividends and capital gains (excluding gains from the sale of immovable property in Cyprus).
• 50% income tax exemption on foreign-earned income exceeding €55,000 annually, available for up to 17 years.
• A comprehensive network of double tax treaties with more than 60 countries to prevent double taxation.

Conclusion

The reopening of the Cyprus Digital Nomad Visa Scheme provides an excellent opportunity for professionals seeking flexibility, lifestyle benefits, and tax efficiency. With its strategic location, favourable business environment, and modern infrastructure, Cyprus stands out as one of the most attractive destinations in Europe for remote workers and digital entrepreneurs.

Our legal team is ready to assist you with the Digital Nomad applications. Contact us at [email protected] or [email protected]. Follow Spencer West Cyprus on LinkedIn.