Cyprus-Forum.com

[Monkey]

Hi All,
new member, looking to relocate to Cyprus with my family. I work in IT Sales and have been offered a job in Cyprus. The company concerned is offering me a basic salary of CYP1300 a month (I will also receive commission payments but nothing quaranteed).
Is this a good salary in Cyprus?
How does this compare to the average professional salary i.e. experienced high school teacher, accountant etc.

Any advice would be appreciated.

[pumpernickle]

the salary is absolutely feckin great, take it.

salaries out here are a holy smoke.

I'm a high school teacher. I work nearly full time, at £500 per month. full time pays 700. this is average.

so rest assured, you are hitting the jackpot.

[Hazza]

I'm a fibre technition and earning £500/month on a full time contract. £1300 sounds like a good wage!

[Tony-4497]

If we are talking about £1300 gross, you may struggle to live comfortably on it as an expat, assuming that you have to look after your family as well.

It's not a bad salary, but there are a lot of local people earning a lot more..(e.g. that's roughly the salary of a newly qualified accountant in practice i.e. 3 years out of university) and I would say that most expats would be earning at least double that.

[anastasiaC]

Thats fantastic!! Congrats on the offer

Although it seems a lot it will be spent fast as Cyprus can get very expensive!

[Sotos]

Tony were do you get your figures from? Accountants with 3 years experience don't get that much! It is a good salary unless you have a family of several people and you are the only one working.

[Monkey]

All, thanks very much for your comments. It helps with the decision making process. CYP1300 will need to support me, my wife and a 3 month old baby (due March).
I realise it's not an 'expat' package, but we would not be moving to live as expats but to hopefully get a better standard of living in the things that matter, I certainly won't miss 40% tax (and tax on everything else it seems), 3 hours commuting everyday, the crime, the cold, the UK£200+ per month on council tax (for what?), the loss of any sense of civility and community etc.
I don't look at Cyprus with rose tinted glasses but it may well offer a better future for my forthcoming child.

[VEX8]

Well said Monkey. You don't want to adopt a 35 year old van driver do you?

[icetea]

Hi Tony-4497!

I would be as well interested in were you got the figures for the accountants. As i am one, i was checking up many job offers in internet. The most don't write about salary, but those who do, would pay about 500-650 CP. So you think, it should be possible to get more?

[Tony-4497]

Sotos/ Icetea

I was talking about graduate, qualified acccountants.

I am pretty sure that at least around 7 years ago, a newly qualified Chartered Accountant (i.e. 3-4 years experience after university) working for a big 4 accountancy firm in Cyprus was getting around £15k gross per annum and could get 20%-30% more to move outside practice. Hopefully those figures should now be higher.