Two large recreational complexes will be built in North Cyprus in Lefke region. British investors are planning to built 40 million Euro project that will include marina, boutique hotel, and resort complex, which may also include gold club. Also, a partnership between Norwegian and Swedish investors offered to build health center, a 60 million euro project, in the area of Lefke dam. Construction of both projects is to begin next year, if all necessary approvals are received. It is known that the two groups of investors have already paid a deposit, and British entrepreneurs opened firm in North Cyprus. Projects will be a boom to Lefke’s economy in which there was no significant investment for several years. Throughout the year, North Cyprus has participated in many events and exhibitions for the "opening" of the country to the outside world. TRNC government is actively helping foreign entrepreneurs to invest in the country by providing safe conditions for them to invest. British investors’ project will be built on the land size of 60 dunums, which is 82.080 sq.m. The same place was marked for construction of petrol station last year, but after protests from local residents, the project has been terminated.
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The Turkish Republic of Northern Cyprus has introduced updated regulations for the acquisition of real estate by foreign citizens
The Turkish Republic of Northern Cyprus has introduced updated regulations for the acquisition of real estate by foreign citizensMinistry of Interior Strengthens Immigration Control: Nationwide Inspections Launched
The Immigration Management Center, operating under the Ministry of Interior, has announced the launch of large-scale, coordinated inspections across the entire territory of Northern Cyprus. These inspections are carried out in cooperation with the police and district governorships and aim to identify individuals without legal status in the country. The Ministry emphasized that deportation procedures will be implemented strictly and without compromise.New Policy of Northern Cyprus: President Tufan Erhürman and Favorable Conditions for Foreign Investors
A new president, Tufan Erhürman, has taken office in Northern Cyprus, bringing a new era of opportunities for foreign investors and property buyers. The removal of land purchase limits, support for education and tourism, and liberal investment policies make 2025 the perfect time to invest. Northern Cyprus is entering a stage of stable growth, transparent regulations, and favorable conditions for living and doing business.Northern Cyprus Introduces Temporary Rules for Work Permits of Third-Country Nationals Starting July 28
The Ministry of Labor and Social Security of the Turkish Republic of Northern Cyprus has announced temporary changes to the work permit policy for foreign nationals employed in agriculture, livestock, and construction. These new regulations, effective from July 28, 2025, are part of an ongoing effort to evaluate labor needs and manage migration flows more efficiently.
