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Minds In Cyprus Draws Strong Interest In London And Birmingham As Cyprus Expands Talent-Repatriation Push

Strong interest in career opportunities in Cyprus and the incentives available to professionals considering a return was evident at two Minds in Cyprus events held in Birmingham and London, bringing together more than 350 Cypriot professionals working in the United Kingdom.

Held on June 22 in Birmingham and June 23 in London, the events featured 24 companies and organisations from Cyprus, showcasing more than 110 highly skilled job opportunities across key sectors of the economy.

A Direct Link Between Cyprus And Its Global Talent Base

The initiative returned to the United Kingdom one year after its launch in London by President Nikos Christodoulides. Representing the government, Deputy Minister to the President Irene Piki outlined the programme’s progress over the past year, the incentives now available and the career opportunities emerging in Cyprus.

Designed to connect Cypriots living abroad with businesses and organisations operating on the island, the initiative attracted participants from fast-growing sectors including technology, fintech, financial and professional services, research, innovation and energy.

Showcase In London, Roundtable In Birmingham

The London event took the form of a career opportunities exhibition, while Birmingham hosted an open roundtable discussion on Cyprus’ economic prospects, labour market needs and efforts to strengthen ties with the Cypriot diaspora.

Piki said Minds in Cyprus is a coordinated initiative designed to position Cyprus as a credible option for professionals planning their next career move. The objective, she added, is not only to encourage Cypriots to return, but also to create the conditions that make returning to, or working with, Cyprus a realistic professional choice.

Economic Momentum Is Reframing The Case For Return

Referring to Cyprus’ economic performance, Piki pointed to strong growth, historically low unemployment, declining public debt and successive upgrades by international credit rating agencies. She said these developments are increasing demand for specialised talent, particularly in high value-added sectors.

Particular emphasis was also placed on the Opportunities for Talent platform, which already has more than 700 registered professionals and features over 330 specialised vacancies from companies and organisations in Cyprus.

Tax Relief And Practical Support Are Central To The Offer

Targeted tax incentives for professionals considering a return were also presented. These include a new 25% tax exemption on employment income for Cypriots who have lived abroad for seven years, alongside the existing 50% tax exemption available in specific cases. Officials said the measures are intended to reduce costs and uncertainty during the first years after relocation.

Alongside the tax incentives, the government presented practical support measures under the Minds in Cyprus action plan, including faster recognition of professional qualifications and licences, assistance with residence and work permits for spouses or partners, support for families relocating to Cyprus, and access to centralised information through the Information Hub.

Representatives from the Tax Department and the Research and Innovation Foundation also briefed participants on tax matters, funding programmes, research opportunities and innovation support tools.

Beyond Return: Keeping Cyprus Connected To Its Diaspora

Piki said the initiative is intended not only for those considering a return to Cyprus, but also for professionals who wish to remain connected to the country by collaborating with Cypriot businesses, sharing expertise or contributing to projects being developed on the island.

“Minds in Cyprus does not simply ask for a return,” she said. “It creates the conditions for the idea of returning or collaborating to become a real option.”

The events were organised by the government and Invest Cyprus, with the support of the Cyprus Chamber of Commerce and Industry, Cypriots in the City, and companies and organisations operating in Cyprus.

More broadly, the initiative forms part of the government’s strategy to attract and deploy talent, strengthen the competitiveness of the Cypriot economy and leverage the international experience of Cypriots living and working abroad.

Eurobank Launches First UPI Cross-Border Payment From Greece To India

Eurobank has launched its first cross-border payment from Greece to India through the Unified Payments Interface (UPI), marking a new step in the bank’s international expansion and its strategy to strengthen financial ties between Europe and India.

The transaction, completed in cooperation with NPCI International, follows the launch of Eurobank’s new payment service. The inaugural payment was made in the presence of India’s Commerce and Industry Minister Piyush Goyal, Eurobank Chief Executive Fokion Karavias and senior executives from NPCI International.

A Strategic Bet On India’s Digital Payments Ecosystem

According to Eleftherios Vlachogiannis, Eurobank’s head of transaction banking, the service currently supports outgoing payments by Indian citizens living in Greece to recipients in India, representing the first phase of a broader collaboration with NPCI International.

UPI is operated by NPCI International. By integrating the system into its e-banking platform and mobile app, Eurobank enables customers to make real-time transfers.

“The most important aspect is the philosophy behind the initiative,” Vlachogiannis said. “Instead of creating another closed payment system, we are integrating mature and internationally recognised payment ecosystems into the bank’s services so customers enjoy a simple, secure and modern transaction experience.”

He added: “Innovation creates value when it delivers a genuine benefit for the customer.”

Building A Financial Bridge Between Europe And India

The UPI launch follows Eurobank’s opening of a representative office in Mumbai, making it the first Greek and Cypriot bank with a physical presence in India. The bank has also expanded its presence through the India-Greece-Cyprus Business and Investment Council, a technology centre in Pune and partnerships with Indian institutions.

Vlachogiannis said India’s economic growth and closer ties with the European Union support the bank’s long-term strategy. He also pointed to progress in negotiations on the EU-India Free Trade Agreement.

Mumbai Office Serves As A Regional Business Hub

Eurobank’s Mumbai office supports businesses seeking to establish operations between India, Greece, Cyprus and the wider European market. It provides access to banking services, business networks and market support.

For Greek companies expanding into India, the bank offers international payments, foreign exchange management, trade finance and supply chain finance. Indian businesses investing in Greece, Cyprus or elsewhere in the European Union can also access financing and corporate banking services through Eurobank.

Aiming To Strengthen The India-Europe Corridor

Looking ahead, Eurobank said it will continue investing in technology, international payments, trade finance and partnerships with Indian organisations.

“Our ambition is to act not only as a banking services provider but also as a strategic partner for businesses and investors seeking to benefit from the opportunities created by this dynamic market,” Vlachogiannis said.

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