North Cyprus has showed economic over the last three years according to the statistics issued by the Turkish government. Research shows that on average, the TRNC's economy grew by 10.4% over the past three years, and this ratio is significantly higher than the performance of the EU countries.
But Ankara's ambassador to North Cyprus, Halil Ibrahim Akca, describes the results achieved, as "below expectations." Despite this, Mr Akca, said that "the backbone of the economy of Northern Cyprus" – tourism sector, higher education and the country's agriculture have performed really well.
Share on social networks:
New Residence Permit Rules in Northern Cyprus: What Changed for Property Owners in October 2026
In October 2026, new rules came into force in Northern Cyprus regarding residence permits for foreign nationals who already own property with a registered title deed (TAPU) in their name, as well as those purchasing property under a sales contract where the TAPU has not yet been transferred.Northern Cyprus Property Market Main News and New Rules for Investors by Alliance
Real estate investment in Northern Cyprus is undergoing a major transformation. The period of chaotic speculative demand has transitioned into an era of high transparency and market maturity.Hot News North Cyprus: Key Events of the Week August 10 to August 17 2026
Hot News North Cyprus: Key Events of the Week August 10 to August 17 2026Northern Cyprus News: July 2026 Digest
The real estate market and infrastructure of the Turkish Republic of Northern Cyprus (TRNC) continue to develop actively, moving towards a phase of maturity and increased security for foreign investors. Here is our key overview of the main events and legislative changes on the island over the past week.
