Панель управления
Language: ru en
Currency:
Call Me Back
Property in North Cyprus
Choose your dream house
Sale Rent
Sale Rent

The discount on the property purchase tax in North Cyprus.


The discount on the property purchase tax

A major victory has been won for foreigners buying property in TRNC – the discount on the property purchase tax up to 3%. Tax office head Yusuf Kacmaz said the turnabout had come after complains were lodged by those representing the expat community.

2030
24.11.2012

Share on social networks:

Other news


17.05.2025

Council of Ministers Decree of 15 May 2025 reshapes foreign property ownership rules in Northern Cyprus

Council of Ministers Decree of 15 May 2025 reshapes foreign property ownership rules in Northern Cyprus On 15 May 2025 the Turkish Republic of Northern Cyprus (TRNC) published a Council of Ministers Decision in the Official Gazette, introducing significant revisions to property acquisition by non-TRNC citizens.
16.05.2025

Northern Cyprus: New Property Purchase Rules for Foreign Nationals

Northern Cyprus has introduced amendments to the law regulating real estate purchases by foreign nationals. According to the updated legislation published in the Official Gazette, foreign individuals are now allowed to purchase:
15.05.2025

Legal Tensions Rise as Arrest Warrants Target Turkish Nationals in Northern Cyprus Development

A new wave of concern has emerged among investors and developers in Northern Cyprus following the Republic of Cyprus' decision to issue arrest warrants against Turkish nationals involved in the prest
01.05.2025

Northern Cyprus Simplifies Residency Rules for Foreigners: Prime Minister Ünal Üstel Announces Major Reforms

Prime Minister Ünal Üstel has officially unveiled significant amendments to the residency system for foreigners, emphasizing that these steps are not merely administrative, but rooted in humanitarian and social responsibility.