CYPRUS

Cyprus

THE OFFICIAL SALARY IN CYPRUS IN 2023:

Average salary – 2,069 euros per month

Minimum wage – 885 euros per month (after 6 months of work per employer 940 euros)

Source: Ministry of Labour, Social Security and Social Insurance of the Republic of Cyprus – mlsi.gov.cy

Read more about wages in Cyprus here

The Republic of Cyprus is an island state situated in the eastern part of the Mediterranean Sea.

INFORMATION ABOUT CYPRUS (2023) 
Population 1.2 million
Average life expectancy  80 years
Unemployment rate 7.3%
Inflation  5.8%
Area 9 251 km²
Form of government Presidential constitutional republic
Income tax 0–35%
Capital Nicosia
Currency Euro
Official Language Greek, Turkish
Doing Business rank 54
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