NORTH CYPRUS
The island of Cyprus is the third largest island in the Mediterranean. The area of the island is 1295 square miles. The Turkish Republic of Northern Cyprus occupies one third of the island.
There is no visa required to visit Northern Cyprus .
The island of Cyprus has a rich history of more than 10 thousand years, with its mixture of traditions and cultures that make it truly unique. Archaeological sites are listed as UNESCO World Heritage. The shores of Northern Cyprus are washed by the cleanest Mediterranean Sea, and there are 330 sunny days a year with a soft marine climate to make your stay comfortable.
There is no crime on the island, absolute safety, products without GMOs, a high level of education, and excellent universities with international certificates and diplomas.
Welcome to Northern Cyprus!
HERE IS EVERYTHING YOU WANT TO KNOW ABOUT NORTH CYPRUS
REAL ESTATE OF NORTH CYPRUS
One of the most popular areas over the past three years is investment in real estate in Northern Cyprus.
Income from investments reaches up to 12% per year.
Northern Cyprus real estate is great for both family living and as a rental property.
In order to become an owner of real estate, it is enough to make a down payment of 30% of property cost.
Income from investments reaches up to 12% per year.
Northern Cyprus real estate is great for both family living and as a rental property.
In order to become an owner of real estate, it is enough to make a down payment of 30% of property cost.
CHOOSE YOUR APARTMENT ONLINE,
AND GET A $1000 AS A GIFT
FT
AND GET A $1000 AS A GIFT
FT
What do you gain by investing in real estate in Northern Cyprus?
The real estate market is considered one of the most stable in the world since the cost of residential and commercial property does not depend on economic and foreign policy crises. During a crisis this industry remains untouched, and real estate prices do not fall but grow. y remains untouched, and real estate prices do not fall but grow.
- INVESTMENT INCOME IS UP TO 12%You get passive income up to 12-14% per year. This income comes from renting the apartments out.1
- INVESTMENTS ARE PAID BACK IN 3-5 YEARSWithin 3-5 years, the real estate is paid off by rent income managed by the property management company of the developer. After the specified period, the property owner begins to receive the net profit.2
- REGISTRATION OF RESIDENCE PERMITAfter paying only 30% of the cost of the real estate, the company provides legal support to obtain Northern Cyprus residency permit for the owner and their family
for free.3 - STABLE REVENUESTourism in Northern Cyprus is becoming widely popular due to its unique offerings and high level of security. The tourist season in Northern Cyprus lasts all the year around, and the swimming season lasts 8 months. Real estate rental income is the primary component of your cash flow.4
- EVERY YEAR REAL ESTATE IS RISING IN PRICE BY 20%Northern Cyprus is one of the most popular investment destinations. Since 2014, the real estate value has grown in price by 50%, and continues to rise in price by 20% each year.5
- ADVANTAGE OF INVESTMENT REAL ESTATEIn 2022, the US banks offer deposit options an APY of 0.1-2% on average. While the real estate investment brings the owner of the property an income up to 12-14% per year, an average of $1000 per month.6
NORTHERN CYPRUS IS LIKE MONTE CARLO,
where real estate development is just in its beginning,
do not miss your opportunity …
where real estate development is just in its beginning,
do not miss your opportunity …
IT IS ENOUGH TO MAKE A DOWN PAYMENT OF 30% OF THE REAL ESTATE COST, TO BECOME THE PROPERTY OWNER
INVESTMENT COMPONENT
Income from investing in real estate in Northern Cyprus
- YOUR INCOME FROM A STUDIO RENTALThe average rent price per week is $ 230
The average rent price for a year is $ 6,937
Revenue is calculated based on:
-15% for tax
-10% for management company commission
-15 GBP for cleaning
-20 GBP for water and electricity - YOUR INCOME FROM A 1 + 1 APARTMENT RENTALThe average rent price per week is $ 265
The average rent price for a year is $ 7,781
Revenue is calculated based on:
-15% for tax
-10% for management company commission
-15 GBР for cleaning
-20 GBР for water and electricity - YOUR INCOME FROM A 2 + 1 APARTMENT RENTALThe average rent price per week is $ 286
The average rent price for a year is $ 8,624
Revenue calculated based on:
-15% for tax
-10% for management company commission
-15 GBР for cleaning
-20 GBР for water and electricity - INCOME FROM RENTING A SINGLE APARTMENT
IN ALMATY / NUR-SULTAN
(FOR COMPARISON)The average rental price per month is $ 250
The average rental price for a year is $ 3,000
DESIGNER APARTMENTS
5 MINUTE WALKING DISTANCE FROM THE BEACH, DEVELOPED INFRASTRUCTURE, AN EXCELLENT OPTION BOTH FOR INVESTMENT, AND LIVING.
Submit an application and get a CERTIFICATE for a three day stay in Northern Cyprus!
The certificate awards you with a 3-day stay in the best apartments in Northern Cyprus - FOR FREE!
By clicking on the button, you agree to the processing of personal data and to the privacy policy
We organize excursions in the real estate market of Northern Cyprus, and provide three days of free accommodation.
We will find the right property with the best conditions from the developer.
We will notify you of discounts, seasonal promotions and pleasant gifts from developers.
GUEST TOUR
APARTMENT OPTIONS
DISCOUNTS AND GIFTS
We will answer all questions.
Consultations on the issues of buying and investing in real estate, education, obtaining a residence permit and obtaining citizenship of Northern Cyprus.
Comprehensive customer support during the trip - we organize everything according to your wishes and help save time as much as possible.
Full after-sales support, including assistance with moving, organization of secondary and higher education.
What we do for you:
After sales service
ESCORT
DISCUSSION OF TERMS OF PURCHASE
Before making the reservation amount, a price discussion takes place and a payment plan is selected, taking into account the wishes and possibilities of the buyer. At the time of signing the contract of sale, the buyer must pay a down payment of up to 30% of the value of the property.
SELECTION AND RESERVATION
To register ownership, you must sign a contract of sale, pay stamp duty and register the contract in the state cadastre
SIGNING A SALE PURCHASE AGREEMENT
Four steps to buy
REAL ESTATE OF NORTH CYPRUS
1
REAL ESTATE REGISTRATION
The purchase process will be completed when all taxes have been paid and the title deeds have been registered in your name.
To register ownership, you must sign a contract of sale, pay stamp duty and register the contract in the state cadastre.
3
4
2
GET ONLINE APARTMENTS, AND GET
A GIFT 1000 $
A GIFT 1000 $
EVERYTHING ABOUT NORTHERN CYPRUS
Frequently Asked Questions and Answers about Northern Cyprus
A visa for Kazakhstanis and immigrants from the CIS countries for a trip to Northern Cyprus is not needed. You can get to Northern Cyprus from the southern part of the island if you have a Schengen or a multiple Cyprus visa. A Cyprus pro-visa is also suitable for traveling to the northern part of the island. That is, if you are legally in southern Cyprus, you can go north at any time - a separate visa to Northern Cyprus is not required.
There are two ways to get to Northern Cyprus:
air flight with mandatory stopover in Turkey. There are no direct flights due to the international situation of the Turkish Republic of Northern Cyprus, although there is an airport in Northern Cyprus.
to come from South Cyprus by car. The second way seems to us more attractive, since obtaining a visa to Cyprus is very simple. In addition, you can visit the whole island, and not just its northern part.
air flight with mandatory stopover in Turkey. There are no direct flights due to the international situation of the Turkish Republic of Northern Cyprus, although there is an airport in Northern Cyprus.
to come from South Cyprus by car. The second way seems to us more attractive, since obtaining a visa to Cyprus is very simple. In addition, you can visit the whole island, and not just its northern part.
The airport in Northern Cyprus is called Ercan and is marked with the ECN code, Lefkosa is the city of arrival on air tickets.
The main aircompanies operating flights to Ercan Airport are Turkish Airlines, Atlasjet, Pegasus Airlines, Onur Air and some others.
The main aircompanies operating flights to Ercan Airport are Turkish Airlines, Atlasjet, Pegasus Airlines, Onur Air and some others.
To select real estate we invite you to a fact-finding visit. Meeting at the airport, three days of free accommodation, a sightseeing tour are included in such visit.
Your passport
0.5% stamp duty, payable upon signing the contract. This ensures contract registration.
5% VAT and 3% change of ownership tax is paid upon obtaining the title.
As a rule, there is a one year indulgence.
Property tax is 1 lira per sq. 2. paid once a year.
There is a British legal system in Northern Cyprus.
The official language is Turkish. But since this is a former colony of Britain, Cypriots speak English.
There are seven major universities in Northern Cyprus:
Diplomas of all the above universities are formally accepted by all countries. To enter these educational institutions in Northern Cyprus, you must pass one exam – English language. If your level of English is intermediate or lower, then you can take preparatory courses at any university. If you are going to settle on the island, then all conditions are created for your children. Your child can attend an English or Turkish high school. After a short time, your child will be fluent in three languages, English, Turkish and Russian.
- Eastern Mediterranean University (EMU)
- Middle East University
- Girne American University (GAU)
- Middle Eastern Technical University of Northern Cyprus
- European University of Lefke
- Cyprus International University
- Mediterranean Carpathian University
Diplomas of all the above universities are formally accepted by all countries. To enter these educational institutions in Northern Cyprus, you must pass one exam – English language. If your level of English is intermediate or lower, then you can take preparatory courses at any university. If you are going to settle on the island, then all conditions are created for your children. Your child can attend an English or Turkish high school. After a short time, your child will be fluent in three languages, English, Turkish and Russian.
Northern Cyprus is one of the most beautiful and safest country in the world. There is no crime on the island. This means that in the northern part of the island there is no theft, theft of vehicles, fights and drunkenness. Very friendly and tolerant people live on the island.
The first days of life in Northern Cyprus seem unusual because neither apartments nor cars are generally locked.
The movement of vehicles fascinates with its elegance, because all drivers comply with the rules of the road, and almost no one violates them. But it's easy and pleasant to get used to it!
It is safe for you, and especially for your children, and of course for your money. The North Cyprus Banking System is very reliable, and any contribution is guaranteed by the government.
The first days of life in Northern Cyprus seem unusual because neither apartments nor cars are generally locked.
The movement of vehicles fascinates with its elegance, because all drivers comply with the rules of the road, and almost no one violates them. But it's easy and pleasant to get used to it!
It is safe for you, and especially for your children, and of course for your money. The North Cyprus Banking System is very reliable, and any contribution is guaranteed by the government.
There are good opportunities for people to start various types of business: the Republic of Northern Cyprus is a country with a developing economy. Here you can open a store as well as a large company, for any taste and budget.
The taxation is declarative, no control exist, a flat income tax is applicable. Everything is absolutely legal, there is no pressure and control from the government. You can find out more with us about acquiring an existing business or opening a branch of a company.
The process of starting a business in Northern Cyprus is quite simple and transparent.
The procedure is not much different for local or foreign investors. It is possible to register a company as a foreign citizens as well as a foreign citizen in partnership with a local representative. To register a company it is needed two people at least.
In order to start a business in TRNC, the investor will need the following:
Clearly indicated company's scope of activity;
Provide copies of passports and certificates of no criminal record to all the founders of the company (certificates must be translated into English or Turkish);
Offer some unique company names;
Provide a charter capital in the bank account of the local banks. The minimum charter capital is set in accordance with the percentage of shares owned by a foreign investor (with 100% ownership of shares by a foreigner - the equivalent of 110 thousand US dollars, this amount must be shown on the account and frozen for 3-5 months after this period, you can use the money at discretion);
When appointing yourself as a director, it is necessary to credit 10 thousand dollars to the account of the Tax Committee, which are stored throughout the entire time of the company's management and serve to cover taxes and debts in case the director disappears;
Provide information on the legal address (acquired or leased property)
The taxation is declarative, no control exist, a flat income tax is applicable. Everything is absolutely legal, there is no pressure and control from the government. You can find out more with us about acquiring an existing business or opening a branch of a company.
The process of starting a business in Northern Cyprus is quite simple and transparent.
The procedure is not much different for local or foreign investors. It is possible to register a company as a foreign citizens as well as a foreign citizen in partnership with a local representative. To register a company it is needed two people at least.
In order to start a business in TRNC, the investor will need the following:
Clearly indicated company's scope of activity;
Provide copies of passports and certificates of no criminal record to all the founders of the company (certificates must be translated into English or Turkish);
Offer some unique company names;
Provide a charter capital in the bank account of the local banks. The minimum charter capital is set in accordance with the percentage of shares owned by a foreign investor (with 100% ownership of shares by a foreigner - the equivalent of 110 thousand US dollars, this amount must be shown on the account and frozen for 3-5 months after this period, you can use the money at discretion);
When appointing yourself as a director, it is necessary to credit 10 thousand dollars to the account of the Tax Committee, which are stored throughout the entire time of the company's management and serve to cover taxes and debts in case the director disappears;
Provide information on the legal address (acquired or leased property)
When buying real estate in our company, our company provides a free legal support to get a residence permit.
About us
Founder, CEO
Ekaterina Munataeva
Founder
Elzhas Munataev
Communications Director
Overseas Property Expert
Financial Analyst
Financial Analyst
Dinara Bilyalova
Tugelbaeva Saltanat
Zhaksalyk Asel
Director of Sales
OUR CONTACTS
Phone:+90 542 853 72 55
E-mail: office@truelife.kz
Northern Cyprus, Long beach, Yeni Iskele,
Mackenzi Ave. Ezgi St
WhatsApp: +90 542 853 72 55
E-mail: office@truelife.kz
Northern Cyprus, Long beach, Yeni Iskele,
Mackenzi Ave. Ezgi St
WhatsApp: +90 542 853 72 55
By clicking on the button, you agree to the processing of personal data and to the privacy policy
© 2020 True Life Development
TRUE LIFE DEVELOPMENT
Request a call back
fill the form
By clicking on the button, you agree to the processing of personal data and to the privacy policy
Оставьте свой номер телефона и мы свяжемся с вами!
Нажимая на кнопку, Вы даете согласие на обработку персональных данных и соглашаетесь c политикой конфиденциальности
ENTER YOUR TELEPHONE NUMBER PLEASE
THANK! WE WILL CONTACT YOU!
By clicking on the button, you agree to the processing of personal data and to the privacy policy
Take the test
Take the test and we will contact you!