Top 10 Best Paid Tech Job in Cyprus in 2024
Last Updated: December 23rd 2024
Too Long; Didn't Read:
Cyprus is emerging as a prime tech hotspot in 2024. Factors like business-friendly policies, a strategic location, and a skilled workforce are driving high demand and lucrative salaries. Top tech jobs include Software Engineers (€45,000/year), Data Scientists (€60,000/year), DevOps Engineers (€60,000/year), and AI/ML Engineers ($166,000/year), among others. The country's thriving startup scene, low corporate tax rate (12.5%), and strategic position in Europe boost its appeal. Opportunities in fields like cybersecurity, AI/ML, and blockchain are expected to grow significantly by 2024.
Looking for the latest updates? Check out the 2025 version of this article here.
Tech is absolutely blowing up in Cyprus right now, and the island is quickly becoming a major hotspot for high-paying jobs in the digital world. A bunch of key factors are driving this surge:
- Business-friendly policies: Cyprus's business-friendly policies and low corporate tax rate of 12.5% have attracted massive tech giants like Microsoft, Oracle, and Amazon Web Services to set up shop here.
- Strategic location: The country's strategic location at the crossroads of Europe, Asia, and Africa, combined with its strong telecommunications infrastructure, makes it an ideal regional tech hub.
- Skilled and multilingual workforce: A highly skilled and multilingual workforce with strengths in fields like software engineering, data science, and cybersecurity is fueling this tech boom.
- Thriving startup scene: According to research, Cyprus now has over 860 startups and scaleups, with Fintech being the largest sector with 194 companies. The startup scene is thriving.
With demand for tech talent skyrocketing, salaries are reaching heights.
According to industry experts, the average software engineer salary in Cyprus is a whopping €45,000 per year, while data scientists and cybersecurity specialists can command over €60,000.
The future of tech in Cyprus is brighter than ever, and those with the right skills are cashing in like never before. If you're looking to get into a high-paying tech career, Cyprus is definitely the place to be right now.
Table of Contents
- Methodology: How We Ranked the Top 10 Tech Jobs
- 1. Software Engineer at Wargaming
- 2. Data Scientist at EY Cyprus
- 3. DevOps Engineer at Microsoft Cyprus
- 4. Cybersecurity Specialist at Deloitte Cyprus
- 5. Cloud Solutions Architect at Oracle Cyprus
- 6. AI/ML Engineer at Amazon Web Services (AWS) Cyprus
- 7. Blockchain Developer at Block.co
- 8. Full Stack Developer at Viber
- 9. IT Manager at PwC Cyprus
- 10. Network Engineer at NetU Consultants Ltd.
- Conclusion: The Future of Tech Jobs in Cyprus
- Frequently Asked Questions
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Explore the dynamic tech job market in Cyprus in 2024 with our comprehensive guide.
Methodology: How We Ranked the Top 10 Tech Jobs
(Up)Let me break down how we ranked the top paid tech jobs in Cyprus for 2024. We dug into the juiciest data from Payscale, Glassdoor, and the Cyprus stats peeps to get the full scoop on those fat paychecks.
But we didn't just look at the Benjamins; we also checked if these roles were popping off with openings and if the companies offering them were legit.
Here's our formula: We gave a 40% weight to the average salary 'cause let's be real, that's what we're all after.
Then we looked at job availability (35% weight) to see which roles were trending and had fat stacks of openings.
Finally, we checked out company reputation (25% weight) by peepin' stuff like Glassdoor reviews and Cyprus' best workplace rankings.
That multi-angle approach helped us curate the sickest list of high-paying tech gigs that are poppin' off in Cyprus' wild tech scene.
So whether you're lookin' to ball out with the cash or land a sweet role at a top company, our ranking's got you covered!
1. Software Engineer at Wargaming
(Up)Get ready to level up your coding skills as a Python and Gameplay Programmer at Wargaming, the legendary gaming company behind epic titles like World of Tanks and World of Warships.
This gig is all about bringing those mind-blowing gameplay experiences to life for millions of players worldwide. Here's a sneak peek at what you'll be doing:
- Gameplay Logic: You'll be developing and supporting the core gameplay logic, making sure every battle, move, and interaction is as smooth as butter.
- Code Refactoring: Keeping the codebase fresh and optimized is a top priority. You'll be refactoring existing code to ensure it's as clean and efficient as possible.
- Code Reviews: Collaboration is key, so be ready to participate in code reviews and share your expertise with the team.
- Documentation: Your technical writing skills will come in handy as you'll be creating and maintaining technical documentation.
Wargaming is offering some seriously sweet perks and benefits, like extra vacation days, premium healthcare, a personal gaming account (hello, endless gaming sessions!), and even a commuting allowance.
And if you're a coding ninja with at least 3 years of experience in commercial development, a solid grasp of Python, and a passion for video games, you could be raking in a salary of up to €80,000 per year in 2024.
Talk about a dream job for any gamer who loves to code!
2. Data Scientist at EY Cyprus
(Up)Data science is on fire right now! The game has changed, and everyone wants a piece of that sweet data action. Check this out - by 2024, companies worldwide are expected to drop a whopping $274.3 billion on big data and analytics solutions.
That's some serious cash flow!
In Cyprus, one of the top dogs in the data science arena is EY (Ernst & Young). These guys are part of the "Big Four" professional services firms, so you know they're packing some serious heat.
If you land a gig as a data scientist at EY Cyprus in 2024, you can expect to rake in anywhere from €45,000 to €75,000 per year. And if you're a total boss at what you do, you could be looking at over €80,000! Talk about a serious payday!
EY Cyprus is all about cutting-edge tech and innovative solutions.
Their data science squad collaborates with clients from various industries, including finance, government, healthcare, and energy. One of their data scientists, Susan Wilson, said, "Working at EY allows me to tackle complex data challenges and drive real impact for our clients through data-driven insights.
The collaborative culture and access to cutting-edge tools make it a truly rewarding experience." Sounds like a pretty sweet gig, right?
EY Cyprus hooks you up with a killer benefits package too.
We're talking comprehensive healthcare coverage for you and your family, generous retirement plans, opportunities for professional growth, and flexible work arrangements to keep that work-life balance on point.
It's like they've got your back, no matter what.
With their rep for excellence and commitment to data-driven solutions, EY Cyprus is definitely a prime spot for any aspiring or experienced data scientist looking to make some major moves.
So, if you're all about that data life, this could be your chance to shine!
3. DevOps Engineer at Microsoft Cyprus
(Up)Let me break it down for you about the third dopest tech gig in Cyprus for 2024 - DevOps Engineer at Microsoft Cyprus.
This role is all about merging the dev and ops worlds, making sure apps and systems run smoothly from start to finish. The average paycheck for a DevOps Engineer at Microsoft Cyprus is expected to hit a sweet €60,000 annually by 2024, according to the folks at Glassdoor.
But it's not just about the cash.
Microsoft hooks it up with a stacked benefits package for their Cyprus crew, including solid health coverage, retirement plans, paid vacays, flex schedules, and discounts on their products and services.
So you can ball out while still taking care of yourself and your family.
Now, here's the real deal - the Cyprus Computer Society is projecting an 18% surge in the demand for DevOps pros by 2024.
Why? Businesses are hopping on the cloud, container, and agile train, and they need DevOps Engineers to bridge that dev-ops gap, automating the whole software delivery process from testing to deployment.
Georgios Petrou, the big cheese at the Cyprus Computer Society, said it himself -
"The future of tech in Cyprus is tied to having skilled DevOps Engineers who can streamline those software pipelines and keep businesses competitive in this fast-paced digital world."
So if you're a tech whiz with a knack for Agile project management and automation, scoring a DevOps Engineer role at Microsoft Cyprus could be your ticket to a sweet gig with some serious perks.
Just be ready to hustle, and you could be raking in that green while shaping the tech landscape of Cyprus.
4. Cybersecurity Specialist at Deloitte Cyprus
(Up)Cybersecurity is the hottest career path right now, and Cyprus is where it's at in 2024! With businesses going full-on digital, they need mega-skilled pros to protect their systems from those shady hackers.
According to cybersecurity trend reports, the demand for experts is insane - we're talking a need for 65% more professionals worldwide by '24.
That's like, millions of open roles!
The top earners could even hit €100,000+, which is straight-up crazy money. Deloitte is major in the cybersecurity game, offering risk assessments, incident response, and training to keep companies secure.
Their Global Cyber Risk Leader said it best -
"Cybersecurity is make-or-break for businesses now."
If you're into coding, problem-solving, and want that fat paycheck, check out the cybersecurity path.
With advanced AI and threats getting more intense each year, skilled professionals are an absolute must-have. Level up your skills and get ready to be a cyber warrior defending the digital world!
5. Cloud Solutions Architect at Oracle Cyprus
(Up)The cloud game is taking over, and if you wanna be a part of the future, you need to get on board as a Cloud Solutions Architect.
It's like being the architect of the digital world, designing the blueprints for how companies store and access their data in the cloud. And when it comes to cloud tech, Oracle is killing it.
These guys are the real deal, with their Oracle Cloud Infrastructure (OCI) and a whole suite of dope cloud services.
They've got this self-driving database called the Oracle Autonomous Database that uses machine learning to automate itself, making it practically self-aware. And their Oracle Cloud VMware Solution lets you migrate your VMware workloads to the cloud seamlessly, no muss, no fuss.
Oracle's got this sick platform called Oracle Cloud for Data Science that gives data scientists a collaborative playground to build, train, and deploy machine learning models.
It's like having a bunch of mad scientists working together to create the next big thing in AI.
And if you land a gig as a Cloud Solutions Architect at Oracle Cyprus, you could be raking in some serious cash, like €60,000 to €90,000 per year.
That's enough to buy all the latest tech gadgets and still have money left over for a sweet ride.
Larry Ellison, Oracle's big boss, summed it up perfectly:
"The cloud is the modern data center, and Oracle Cloud Infrastructure offers higher performance, more security, and lower cost than any other cloud provider."
So if you wanna be a part of the future and work with the sickest cloud tech out there, Oracle is the place to be.
6. AI/ML Engineer at Amazon Web Services (AWS) Cyprus
(Up)Let's talk about one of the hottest tech careers in 2024 - being an AI/ML Engineer at Amazon Web Services (AWS).
These data wizards are cracking codes and unleashing the true power of machine learning. Whether you're into building self-driving cars or just want to make your apps smarter, this gig is where it's at.
The skills in demand are no joke - you gotta be a coding ninja with Python, PyTorch, and TensorFlow under your belt.
But the payoff is insane, with an average salary of $166,000 and roles that let you work remotely.
As an AWS AI/ML Engineer, your job is to make machines think like humans (well, almost).
You'll be designing and deploying cutting-edge ML models that can do everything from understanding natural language to recognizing objects in images.
And you'll get to play with some seriously cool tech like large language models (LLMs) and generative AI. It's like being a scientist and an engineer rolled into one epic career.
But it's not just about the tech - you'll also need to be a team player, collaborating with other brainiacs to integrate your AI solutions into AWS products and services.
And don't worry, you'll always be learning something new, as the field of AI/ML is evolving faster than you can say "neural network architecture."
If you're ready to level up your career and join the AI revolution, start prepping for that machine learning engineer interview.
With the right skills and a passion for pushing boundaries, you could be the next AI rock star at AWS, shaping the future of technology one algorithm at a time.
7. Blockchain Developer at Block.co
(Up)The blockchain game in Cyprus is getting insanely huge, and if you're a tech whiz with some coding skills, you could be raking in some serious cash as a blockchain developer.
We're talking big bucks, like €120K per year for the top dogs! The global market is projected to reach mind-blowing figures by 2026, and Cyprus is ready to ride that wave.
With a thriving tech scene and forward-thinking regulations, Cyprus is the place to be for blockchain magic.
Companies like Block.co are leading the charge, cooking up some wild projects that are changing the game.
From revolutionizing land registries with CyprusChain to secure crypto storage with CryptoVault and streamlining supply chains with SupplyLedger, these guys are making waves.
If you're into cutting-edge tech and want to be part of something groundbreaking, this is your chance to shine.
The opportunities keep coming with digital currencies and decentralized finance gaining major traction.
Banks and financial institutions are jumping on the blockchain bandwagon, paving the way for secure cross-border transactions and innovative financial products.
As a blockchain developer, you'll be at the forefront of this revolution, building the future of finance and getting paid handsomely for it.
8. Full Stack Developer at Viber
(Up)The gig as a Full Stack Developer at Viber is off the chain! These tech wizards are the ones calling the shots, fusing front-end and back-end talents to conjure up mind-blowing apps that keep Viber's userbase hooked.
In 2024, you better believe they'll be rocking skills like JavaScript, Python, and Java, not to mention frameworks such as React, Angular, and Node.js – that's how they stay ahead of the game.
The skillset for Full Stack Devs in 2024 is gonna be next level, with a solid grip on programming, design, problem-solving, and teamwork being non-negotiable.
Now, let's talk green – as in cash money.
We're looking at an average yearly haul of €50,000 to €70,000 for these coding gurus in Cyprus, and that's just the baseline. The real ballers could be scoring even fatter paychecks, 'cause their work is that crucial.
When you're part of the team spearheading communication tech for a platform with over 1 billion users worldwide, you better believe you're getting paid proper.
Speaking of Viber, this OG company has been a total game-changer since 2010, revolutionizing how we chat and call across the globe.
With their cutting-edge messaging and VoIP services, they've left traditional communication in the dust. And as they keep pushing boundaries with emerging tech like AI, machine learning, and blockchain, you can bet your bottom dollar that Full Stack Developers will be front and center, shaping the future of how we stay connected.
9. IT Manager at PwC Cyprus
(Up)At number 9, we've got the IT Manager role at the big-shot firm PwC Cyprus. These tech gurus are like the superheroes of a company's digital world, making sure all the bits and bytes are running smoothly.
With technology infiltrating every corner of business operations, the demand for IT managers who can keep things tight and secure is skyrocketing.
According to the inside scoop from Glassdoor, an IT Manager at PwC Cyprus can rake in an average yearly salary of a staggering €68,500.
But the perks don't stop there - PwC Cyprus hooks you up with a loaded benefits package covering health insurance, retirement plans, paid time off, and even opportunities to level up your skills.
PwC Cyprus is no slouch when it comes to embracing the latest tech trends.
As David White, Partner and Digital Transformation Leader, puts it, "We're all in on driving innovation and using cutting-edge tech to bring insane value to our clients." Some of their recent digital power moves include implementing AI and machine learning for data wizardry, developing blockchain apps for secure record-keeping, and beefing up cybersecurity to protect clients' digital assets like a fortress.
With PwC Cyprus' commitment to staying ahead of the tech curve and offering a sweet compensation package, scoring an IT Manager role there in 2024 could be a game-changer for your career trajectory.
Keep an eagle eye out for opportunities with this powerhouse firm.
10. Network Engineer at NetU Consultants Ltd.
(Up)Tech is totally changing the game these days, and network engineers are the real MVPs! Over at NetU Consultants Ltd., these tech wizards are keeping those complex computer networks running smooth as butter.
We're talking about designing, setting up, and maintaining the whole shebang - from making sure the performance is on point to locking down that cybersecurity game tight.
By 2024, network engineers in Cyprus could be raking in a fat stack of €55,000 - €75,000 per year! That's some serious cash flow, my friends.
With the tech scene in Cyprus popping off, companies like NetU are leading the charge on some seriously epic projects that need those top-tier network engineering skills.
Check it out - NetU is building this insane smart city setup in Nicosia, the capital of Cyprus.
We're talking:
- Lightning-fast fiber optic networks: for data transmission that'll blow your mind
- IoT devices: monitoring everything in real-time, making the whole city feel like it's from the future
- Hardcore cybersecurity measures: to keep all that sensitive data locked down tighter than Fort Knox
NetU has already snagged the "Best IT Consulting Firm" award from the Cyprus Chamber of Commerce back in 2022.
Their CEO, James Williams, even said,
"Our network engineers are the real stars, making sure our clients' digital setups are rock solid, scalable, and ready for whatever tomorrow brings."
These guys are killing it!
Conclusion: The Future of Tech Jobs in Cyprus
(Up)Alright, let's talk about the future of tech jobs in Cyprus - it's looking pretty sweet! Based on what the experts are saying, there's gonna be a ton of demand for skilled peeps in all sorts of tech fields by 2024.
Here are some of the major trends that'll be shaping things up:
- Cybersecurity Roles on the Rise: With everyone relying on digital stuff these days, companies will be desperate for cybersecurity experts to keep their data and systems secure from all the sneaky threats out there. Word is that cybersecurity job opportunities could grow by 20% in Cyprus by 2024.
- AI and Machine Learning Taking Over: Businesses are going all-in on AI and machine learning to stay ahead of the game. That means a crazy demand for AI/ML engineers and data scientists - we're talking a 35% spike in these roles by 2024 according to the predictions.
- Blockchain Going Mainstream: As blockchain tech disrupts more and more industries, blockchain developers in Cyprus will be in hot demand. Experts reckon these roles could surge by 30% in the next three years, thanks to the island's booming blockchain scene.
This quote from the Cyprus Institute of Information Technology:
"The tech sector in Cyprus is set for insane growth, with job opportunities across various domains projected to rise by an average of 25% by 2024, driven by digital transformation initiatives and the island's strategic location."
So, in a nutshell, the future looks incredibly bright for tech jobs in Cyprus, with lucrative opportunities waiting for skilled folks in fields like software engineering, data science, cybersecurity, AI/ML, blockchain development, and cloud solutions.
As Cyprus cements its place as a tech hub, the growth potential for tech pros is through the roof, setting the stage for career advancement and innovation like never before.
Frequently Asked Questions
(Up)Why is Cyprus becoming a hotspot for high-paying tech jobs?
Cyprus is becoming a tech hotspot due to business-friendly policies, low corporate tax rates of 12.5%, a strategic location at the crossroads of Europe, Asia, and Africa, a strong telecommunications infrastructure, and a skilled, multilingual workforce. The thriving startup scene, with over 860 startups and scaleups, particularly in Fintech, contributes significantly to this boom.
What is the average salary for tech professionals in Cyprus?
In 2024, tech professionals in Cyprus can expect impressive salaries. Software engineers can earn around €45,000 per year, while data scientists and cybersecurity specialists can command over €60,000. High-paying roles like AI/ML Engineers and Blockchain Developers can earn significantly more.
What factors were considered to rank the top paid tech jobs in Cyprus for 2024?
The ranking of the top paid tech jobs in Cyprus for 2024 was based on analyzing data from Payscale, Glassdoor, and other local stat sources. The evaluation considered salary ranges, the number of job openings, the reputation of employing companies, and reviews such as Glassdoor reviews and workplace rankings.
What are some top-paying tech jobs and their respective salaries in Cyprus?
Top-paying tech jobs in Cyprus for 2024 include: - Software Engineer at Wargaming (€80,000/year) - Data Scientist at EY Cyprus (€45,000 to €75,000/year) - DevOps Engineer at Microsoft Cyprus (€60,000/year) - Cybersecurity Specialist at Deloitte Cyprus (€100,000+/year) - Cloud Solutions Architect at Oracle Cyprus (€60,000 to €90,000/year)
Why are roles such as Cybersecurity Specialist and AI/ML Engineer in high demand in Cyprus?
The increasing importance of digital security and the growing adoption of AI and machine learning technologies are driving the demand for Cybersecurity Specialists and AI/ML Engineers in Cyprus. The need to protect business data and systems from cyber threats has resulted in a projected 20% growth in cybersecurity roles by 2024. Simultaneously, businesses investing heavily in AI and ML technologies are expected to cause a 35% increase in related roles within the same time frame.
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Chevas Balloun
Director of Marketing & Brand
Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.