Tech & IT

Nicosia’s Tech Sector Booms as Israeli and European Startups Choose Cyprus

Cyprus is experiencing an unprecedented wave of tech company relocations, with over 120 startups from Israel, Ukraine, and Western Europe establishing Nicosia offices in the past 18 months — creating thousands of high-paying jobs.

Nicosia’s Tech Sector Booms as Israeli and European Startups Choose Cyprus

Photo: Jobs Nicosia

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Nicosia’s technology sector has undergone a remarkable transformation over the past four years, establishing itself as a credible EU tech hub. The city now hosts European headquarters of dozens of Israeli, Eastern European and UK technology companies, bringing a surge in high-quality software, product and engineering jobs.

Why Startups Are Choosing Nicosia as Their EU Base

The combination of EU membership, English-language business environment, low corporate tax (12.5%), and a growing international talent pool has made Cyprus particularly attractive to companies expanding from Israel, Ukraine and the UK. The Cyprus Investment Promotion Agency has actively courted the tech sector, offering streamlined company registration and a fast-track residence programme for non-EU founders and employees.

Companies including Wolt, Booksy and several Series B-stage Israeli SaaS firms have established engineering offices in Nicosia since 2022. The critical mass is generating its own momentum: engineers gravitate where the opportunities are.

What Roles Are in Demand

Software engineers at all levels are the most consistently hired, with particular demand for backend engineers (Node.js, Python, Go), data engineers and mobile developers. Product managers and UX designers are also increasingly scarce. Salaries for experienced software engineers range from €45,000 to €85,000 depending on seniority. See the full breakdown in our Cyprus salary guide.

Finding a Tech Job in Nicosia in 2026

LinkedIn remains the dominant recruitment channel for tech roles, but local platforms including CareerFinders Cyprus and StepAhead are active too. Many positions are filled through referral networks within expat communities. Our guide on getting a developer job in Cyprus without speaking Greek covers practical steps for international candidates. The Ministry of Labour maintains updated information on work permit requirements for non-EU applicants.

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Jobs Nicosia Editorial

About the Author

Jobs Nicosia Editorial

Maria Georgiou is the Career and HR Editor at Jobs Nicosia — Cyprus's leading jobs news and career intelligence platform. She has over a decade of experience covering the Cypriot labour market, writing in-depth guides on job sectors, salary benchmarks, and career pathways across Nicosia, Limassol, and beyond. Her work is read by thousands of professionals, recruiters, and job seekers every month.

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