Privacy

At this time Cyprus has not signed a Tax Information Exchange Agreement; it has, however, signed a Mutual Assistance Treaty with the United States. Also, Cyprus is a full a participant in the European Union Savings Directive and has agreed to share personal information with other nations. As such, Cyprus does not offer a particularly high level of privacy for EU citizens. Furthermore, by agreeing to exchange information as part of the European Union Savings Directive, Cyprus has opened itself up to questions about its commitment to protecting the privacy of its foreign investors.