CYGMA

The voice

of

game

development

in

cyprus

CYGMA is the industry association representing game creators in Cyprus and strengthening the island’s place on the global game development map.

Cyprus game industry at a glance

The numbers behind Cyprus’ growing games industry

550+

new games released in 2025

300+

studios

$1.5B

revenue

4.64%

YoY growth

550+

new games released in 2025

300+

studios

$1.5B

revenue

4.64%

YoY growth

Why Сyprus is an established hub for game development

Why Cyprus is an Emerging Hub for Game Development

EU-aligned ecosystem for interactive media

Legal framework based on English law and IP-focused tax regimes create an attractive environment for IP-driven game studios. 60-day tax residency rules provide additional flexibility for internationally active founders and executives.

A Strategic Gateway Between Regions and Global Investment

At the crossroads of Europe, the Middle East, and Africa, Cyprus gives studios a single base to work across regions, time zones, and investment markets under familiar legal and financial systems.

A Strong and Mature Games Industry Community

With 250+ studios and publishers and venture funds actively investing in games, Cyprus has built a large and globally connected games industry.

An Attractive Path for International Talent

Clear migration pathways and favourable tax conditions for high-skilled employees make it easy to relocate and retain international talent. With naturalisation typically available after four to five years — among the fastest in Europe — Cyprus supports long-term team stability.

Quality of Life That Supports Long-Term Focus

340 days of sunshine, easy access to the sea and mountains, and Mediterranean cuisine support long-term focus, wellbeing, and talent retention.

About CYGMA

CYGMA is an industry association representing game studios in Cyprus, giving the sector a shared voice and a strong foundation for collaboration and growth. We bring together studios working across console, PC, mobile, and other platforms to share expertise, address common challenges, and move the industry forward collectively.

By strengthening connections within the community and building partnerships with key stakeholders, CYGMA works to ensure that Cyprus continues to develop as a credible, visible, and globally competitive games industry location.

Mission & Priorities

Our purpose and long-term vision for Cyprus’ gaming ecosystem.

Board & Team

A team of experienced enthusiasts, well-known advisors, and partners.

Membership

Become a member of Cyprus’ growing game development community

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