In North Cyprus, property purchase taxes are typically settled towards the conclusion of the transaction, following the issuance of your purchase permit and the transfer of title deeds into your name. It's important to note that developers may request payment of VAT based on the sale price at the time of delivering possession of the property in North Cyprus. When it comes to purchasing property in North...
About North Cyprus: Situated at the crossroads of Europe, Africa, and Asia, the island of Cyprus boasts a rich history shaped by various civilizations. North Cyprus, officially known as the Turkish Republic of North Cyprus (TRNC), is a region with a fascinating blend of ancient roots and modern developments. In this blog post, we'll explore the historical tapestry, safety, health services, economy, and...
North Cyprus is a desirable destination for foreign residents due to its easy and economical process for obtaining residence permits. To begin the process, a temporary residence permit must be obtained for a minimum of three years before applying for permanent residence. The island, known for its mild climate, rich history, and beautiful beaches, attracts over 2.4 million tourists annually. With 320 days...
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