North Cyprus Property Inspection Trip – What to bring with you to North Cyprus
How much and what currency to bring to North Cyprus? The required amount during the inspection tour: payment for reservation of property -1000 - 3000 GBP (deposit) and payment to notary 100 Turkish Lira for registration of general power of attorney. Power of attorney is necessary for lawyer to prepare contract, to register the contract in the Land Registry, and pay all duties and taxes on the behalf of the buyer. The remaining payments can then be sent using a bank transfer from the country of residence.
Majority of property in Northern Cyprus is sold in Great British Pounds; however, the calculations and money transfer can be carried out in any convertible currency.
To fly to Northern Cyprus is possible through Larnaca airport that is located in South Cyprus, or Ercan Airport in Lefkosa (North Cyprus). When using Turkish Airlines a stop must be made in Turkey, however the passengers are in transit area therefore the luggage is collected already in Cyprus.
According to the laws of the TRNC cash limit that can be brought to the country should not exceed 10,000 US dollars.