MPs of Northern Cyprus approved short-term discount for title deed tax.
On Monday, members of parliament of TRNC voted for the new bill of the Land Registration and Cadaster Authority. The law will come into force after president of North Cyprus, Dervis Eroglu, stamps it and the Official Gazette will publish it.
First-time buyers of the new property in Northern Cyprus will pay only 1% instead off 3% when receiving title deeds. The tax for the resale property is remaining unchanged with 3% for the first-time buyers. The new bill will also allow foreign nationals to purchase up to three properties in Northern Cyprus, instead of one.
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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.
