IT company in Cyprus ← Back

Key information

Official name: Cyprus
Alpha-2 code: CY
Alpha-3 code: CYP
Region summary: Cyprus ( ), officially the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. Situated in West Asia, its cultural identity and geopolitical orientation are overwhelmingly Southeast European. Cyprus is the third largest and third most populous island in the Mediterranean, after Sicily and Sardinia. It is located southeast of Greece, south of Turkey, west of Syria and Lebanon, northwest of Palestine and Israel, and north of Egypt. Its capital and largest city is Nicosia. Cyprus hosts the British military bases Akrotiri and Dhekelia, whilst the northeast portion of the island is de facto governed by the self-declared Turkish Republic of Northern Cyprus, which is separated from the Republic of Cyprus by the United Nations Buffer Zone. Cyprus was first settled by hunter-gatherers around 13,000 years ago, with farming communities emerging by 8500 BC. The late Bronze Age saw the emergence of Alashiya, an urbanised society closely connected to the wider Mediterranean world. Cyprus experienced waves of settlement by Mycenaean Greeks at the end of the 2nd millennium BC. Owing to its rich natural resources (particularly copper) and strategic position at the crossroads of Europe, Africa, and Asia, the island was subsequently contested and occupied by several empires, including the Assyrians, Egyptians, and Persians, from whom it was seized in 333 BC by Alexander the Great. Successive rule by Ptolemaic Egypt, the Classical and Eastern Roman Empire, Arab caliphates, the French Lusignans, and the Venetians was followed by over three centuries of Ottoman dominion (1571–1878). Cyprus was placed under British administration in 1878 pursuant to the Cyprus Convention and formally annexed by the United Kingdom in 1914. The island's future became a matter of disagreement between its Greek and Turkish communities. Greek Cypriots sought enosis, or union with Greece, which became a Greek national policy in the 1950s. Turkish Cypriots initially advocated for continued British rule, then demanded the annexation of the island to Turkey, with which they established the policy of taksim: portioning Cyprus and creating a Turkish polity in the north of the island. Following nationalist violence in the 1950s, Cyprus was granted independence in 1960. The crisis of 1963–64 brought further intercommunal violence between the two communities, displaced more than 25,000 Turkish Cypriots into enclaves, and ended Turkish Cypriot political representation. On 15 July 1974, a coup d'état was staged by Greek Cypriot nationalists and elements of the Greek military junta. This action precipitated the Turkish invasion of Cyprus on 20 July, which captured the present-day territory of Northern Cyprus and displaced over 150,000 Greek Cypriots and 50,000 Turkish Cypriots. A separate Turkish Cypriot state in the north was established by unilateral declaration in 1983, which was widely condemned by the international community and remains recognised only by Turkey. These events and the resulting political situation remain subject to an ongoing dispute. Cyprus is a developed representative democracy with an advanced high-income economy and very high human development. The island's intense Mediterranean climate and rich cultural heritage make it a major tourist destination. Cyprus is a member of the Commonwealth of Nations and a founding member of the Non-Aligned Movement until it joined the European Union in 2004; it joined the eurozone in 2008. Cyprus has long maintained good relations with NATO and announced in 2024 its intention to officially join. Leer más