Politis

Tax Breaks: €2 Billion 'Gift' for Working in Cyprus

Published January 17, 2026, 06:12
Tax Breaks: €2 Billion 'Gift' for Working in Cyprus

The article states that 21,328 taxpayers in Cyprus claimed tax deductions of €724.5 million in 2024 under the “Minds in Cyprus” bill. In addition, total tax deductions for the years 2021-2023 amounted to €1.3 billion. The article also highlights the website's commenting policy, which reserves the right to remove comments of a defamatory, abusive, or inciting nature, as well as comments that violate the law. The authors of the comments are personally responsible for their content.