I decided to write about Cyprus and IT. Perhaps this post will upset some people, but I’m sharing my perspective as I see it.
I’ve been meaning to write about IT on our island for a while, but recently I found an additional reason to do so. Over the past few months, I’ve noticed an odd wave of posts in various communities, like: “Looking for a job in Cyprus, currently living in Sunny Podunkville, open to opportunities,” or “Vacationing in Cyprus, skilled and talented—if anyone has work to offer, let me know.”
Alright, I’m exaggerating a little, but overall, there has indeed been a noticeable increase in queries from people who don’t live in Cyprus but have clearly read or heard somewhere that Cyprus is now a fantastic place for the IT industry. I want to explain what it’s actually like, what the advantages are, and what the downsides are.
Let’s start with the fact that IT as an industry has never really existed on the island. I moved here in 2014, and back then, the IT sector was quite uniform. Thanks to offshore regulations and British law, many Forex companies had established a strong presence here, along with a few others connected to the financial sector.
Read more
