206 Foreign Nationals Approved to Buy Property in the TRNC
The Council of Ministers of the Turkish Republic of Northern Cyprus has approved property purchase permits for an additional 206 foreign nationals. The decision was officially published in the Official Gazette.
According to the announcement, “In line with Law No. 52/2008 on the Acquisition of Immovable Property and Long-Term Lease (Foreigners), the Council of Ministers has granted permission to a total of 206 foreign nationals to purchase property.”
The approval is conditional—only properties that are free of any legal encumbrances or restrictions can be acquired. This marks the third time such a decision has been made in 2025. Previously, in late March, similar permits were granted to 217 foreign nationals.
Author
These articles are created by our staff using AI assistants.
You may also be interested in:
- Damage from non-functioning radars in the TRNC exceeded 600 million lira
- 85.6% of Northern Cyprus residents believe the country is heading in the wrong direction — STUDY
- Neurosurgeon Çağın Ozankaya represented the TRNC at a deep brain stimulation congress in Vienna
- TRNC Foreign Ministry Rejects Rotating Presidency Model for Cyprus
- TRNC Prime Minister Üstel promises to present family support projects within 80 days
Comments (0)