Cyprus is very unique when it comes to the taxation aspects of living on the island. Cyprus has conducted treaties for the avoidance of double taxation with the following countries: Austria, Bulgaria, Canada, China, Czech Republic and Slovakia, Denmark, France, Germany, Greece, Hungary, Ireland, Italy, Kuwait. Norway. Poland. Romania, Russia, Sweden.
U.K., USA and Yugoslavia.

There are negotiations due for the radification of treaties with Egypt, Malta, Syria, Belgium, Finland and the countries comprising the Commonwealth of Independent States.