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.
Example
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
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Why Cyprus is an Emerging Hub for Game Development
01
An English-law based legal framework paired with IP-focused Tax Regimes
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 provide additional flexibility for internationally active founders and executives.
02
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.
03
A Strong and Mature Games Industry
With 250+ studios and publishers and venture funds actively investing in games, Cyprus has built a large and globally connected games industry.
04
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.
05
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.
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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 & Piorities
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
Example
Latest News
2026/07/24
