CYPRUS
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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. |
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| INFORMATION ABOUT CYPRUS (2023)Â | |
| 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 |
