On 20 November 2024, the Council of Ministers issued Decree No. 50/2024 regarding the Status of Existing Sales Contracts and extending the periods outlined in the Transitional Section 1 of the Immovable Property Acquisition and Long-Term Lease (Foreigners) Amendment Law. According to the decree, the deadline for registering contracts of sale, applying for permission to…
On the 28th of September, Advocate Peyman Erginel, the Legal Advisor of the British Residents Society (BRS), delivered a presentation on the recent Amendment Law concerning the acquisition of immovable property by foreign nationals, which was passed on the 21st of May 2024. During the presentation, Advocate Peyman Erginel summarised the key changes introduced by…
You should be aware that the laws and the procedures regarding process and requirements for getting residence permits in Northern Cyprus are subject to sudden and unannounced changes. Such changes may require additional documents to be provided to the Police and/or the Ministry of Interior upon submission of the documents. RESIDENCE PERMIT BASED ON HIGH…
Deadline for Payment of Taxes Extended for 60 Business Days starting from 12th of November 2024. According to the Decree no. 232/2024 issued by the TRNC Council of Ministers and published in the Official Gazette on 12th of November 2024, the vendors and foreign purchasers who have obtained permission to purchase, but have not been…
READ ALSO MAY 2024 – NEW RULES ON PURCHASING IMMOVABLE PROPERTY FOR FOREIGNERS (TRNC) On 27 January 2023, the TRNC Legislative Assembly passed amendments to the law on transfer tax. In accordance with the amendments, foreigners, except Turkish citizens, are now required to pay 12% transfer tax in order to get title deeds transferred into their names….
Mrs Peyman Erginel had the honor to tell her story of her success as the very first woman advocate in the TRNC at the the occasion of the “40 Entrepreneurial Women in the 40th Anniversary of the Republic”. The event was a photography exhibition that was organized by the “Turkish Cypriot Entrepreneur Women’s Association”, and…
In order to conduct any kind of business in the north of Cyprus, a local company has to be incorporated. The law of Northern Cyprus provides prosperous conditions for foreign investors to conduct commercial activities in many sectors. Although there are certain types of business activities that may require foreign investors to partner with Turkish…
In April 2022 the British Residents Society (BRS) met with President Ersin Tatar, to discuss the ongoing issues that affect the British community in TRNC. Our advocate, Erdem Erginel, was present in the meeting. At the meeting, which was held at the Presidency, Ersin Tatar emphasized that the BRS is one of the most important…
Everyone who travels to Northern Cyprus is required to obtain E-Travel Document that will allow them to board a flight to the TRNC. In order to enter the TRNC, you shall download the application Stay Safe or visit the official website www.guvendekalkktc.com, and complete the Entry Form within 72 hours to your arrival in Northern…
Click to the link below to find the answers your are looking for about making a Will in Northern Cyprus Making a Will in Northern Cyprus (T.R.N.C.)