Northern Cyprus allows individuals to carry up to €10,000 in cash per person when entering or exiting the country. For amounts exceeding this limit, a declaration is required, and transferring larger sums must be done through banks. Here’s a detailed breakdown: What Is the Limit for Exporting Cash From Northern Cyprus? Travelers can carry up […]
If you’re considering buying property in Northern Cyprus, knowing the taxes involved is crucial for planning your investment. Here’s a breakdown of the taxes and steps involved: Taxes and Contributions The total tax amount, excluding additional fees, comes to 17.5% of the property value, distributed as follows: Stamp Duty: 0.5% of the property price Land […]
Ercan Airport, located in Northern Cyprus, broke a new record in 2024 by serving nearly 5 million passengers and operating the highest number of flights in its history. With its modern infrastructure and expanded capacity, the airport has become a key hub for regional and international travel. This growth highlights Northern Cyprus’s increasing appeal for […]
The Ministry of Public Works and Transport in Northern Cyprus has officially announced the new driver’s license fees for 2025. Here’s the breakdown: Driver’s License Fees: 1-Year License: 1,000 TL 2-Year License: 1,500 TL 3-Year License: 2,000 TL 5-Year License: 3,000 TL 10-Year License: 5,000 TL Other Fees: Learner’s Permit: 1,500 TL Theory Exam Fee: […]
Türkiye’s Central Bank Cuts Interest Rate to 47.5% After 22 Months The Central Bank of the Republic of Türkiye (CBRT) has announced its first interest rate cut in nearly two years, reducing the policy rate by 250 basis points to 47.50%. This decision reflects a recalibration of monetary policy to align inflation control with economic […]
TRNC Mandates Bank-Processed Rent Payments Starting January 2025 The Ministry of Finance has announced that, effective January 1, 2025, all rent payments and collections in the Turkish Republic of Northern Cyprus (TRNC) must be conducted exclusively through banks. This new regulation, published in the Official Gazette on November 14, 2024, applies to all residential and […]
According to the current regulations governing the acquisition of immovable property in the Turkish Republic of Northern Cyprus (TRNC), the deadline for foreign individuals to complete their property acquisition applications, initially set to end on November 21, 2024, has been extended by 90 days by relevant authorities. This extension provides additional time for foreign citizens […]
Car buying process in North Cyprus North Cyprus offers a diverse selection of cars, primarily German and Japanese models imported from Japan and the UK. To ensure a smooth buying experience, choosing a reliable car gallery is very important. Here’s how reliable car galleries can assist you: 1. Expert Consultation: Car galleries can help you […]
Spain is a popular destination for international students, offering a rich academic environment, a diverse cultural experience, and stunning natural beauty. The country boasts a network of over 80 public and private universities, many of which are recognized for their high academic standards and international reputation. Benefits of Studying in Spain: High-Quality Education: Spanish universities […]
Navigating New Horizons Tadian Holding emerges as a key catalyst in the bustling arena of business and trade in North Cyprus, offering a complete portfolio of trading services geared to meet a wide range of company demands. Tadian Holding is revolutionizing the trading landscape by providing a one-stop solution for businesses seeking unrivaled support in […]