When people calculate the tax benefit of moving to Cyprus, they usually focus on corporate tax (15%) and the dividend exemption under Cyprus Non-Dom status . What often gets overlooked is Social Insurance. Here is the full picture for 2026. What Is Social Insurance in Cyprus? Cyprus Social Insurance (SI) is the national social security system covering pensions, sickness benefits, unemployment, maternity leave, and industrial injury. It is mandatory for anyone working in Cyprus — employed, self-employed, or company director. The contribution rates differ significantly depending on your work status. Rates for Employees For employees, Social Insurance contributions in 2026 are: Contribution Employee Employer Social Insurance 8.8% 8.8% Redundancy Fund 0% 1.2% Human Resource Development 0% 0.5% Social Cohesion Fund 0% 2.0% Holiday Fund (if applicable) 0% 8.0% Total (core SI only) 8.8% 12.5% The ceiling for SI contributions is approximately EUR 62,868 per year (2026).…