Under the laws of the Turkish Republic of Northern Cyprus (TRNC) non-TRNC citizens are allowed to hold one property in their name of up to 5 donums or just over 1.5 acres (5 donums of land OR a house on land of up to that size), although multiple properties are easily and frequently purchased by foreigners by setting up a company or trust registered in North Cyprus or finding a trusted nominee to hold title for you. (Husband and wife qualify for one property – although if they have different passport surnames they may be able to have two). Properties can be registered in the name of an individual or a company. Contact our NCI advisors for advice on using trustees or setting up a TRNC company to hold the title to the property for you – this can also have tax benefits.
- Catalkoy, Kyrenia
- +44 207 112 8086 / +90 548 861 0600
- Mon - Sat: 10:00 - 18:00