Currently, North Cyprus is considered one of the most popular tourist and immigration destinations for foreigners. In North Cyprus, a suitable platform has been provided for living at a low cost and investing in real estate in order to obtain residence, and because of this, many people are interested in this country. Although North Cyprus is considered one of the countries under the supervision of Turkey, recently the demand for buying property and living in this country is more than in Turkey. In general, in order to be able to make the right decision and act purposefully in this regard, it is better to fully familiarize yourself with the advantages and disadvantages of living in North Cyprus and have a broad view of this issue.
For more information about conditions and prices, go to Real Estate in North Cyprus.
Advantages of living in Northern Cyprus
First, we will discuss the important and numerous advantages of living in North Cyprus.
Low cost of living
One of the most important advantages of living in North Cyprus is low costs. In fact, the cost of living in this country is lower compared to European countries and to some extent Turkey, and therefore you can count on this country with less capital and budget for vacations and immigration. In general, living expenses include the cost of food, education, treatment, taxes and other monthly expenses.
high security
Another advantage of living in North Cyprus is the high security of this country. In general, the crime rate in North Cyprus is very low, which is an important feature. Since North Cyprus is considered a tourist country, you can go sightseeing and shopping in the cities during the day and night without worrying about your safety.
possibility of obtaining residence by purchasing a property
Currently, you can get a permanent residence in North Cyprus as soon as possible by buying a property worth 75 thousand dollars. Of course, you should note that it is not possible to obtain the citizenship of Northern Cyprus and you can only obtain the residence of this country. It is also interesting to know that it is possible to buy real estate in absentia as a proxy, and in addition, you can get residence in this country by paying 30-40% of the total contract amount.
To know the price of the day along with the conditions of buying an apartment in North Cyprus, refer to the following page.
Common English
Another important advantage of living in North Cyprus is the common language of this country, which is English. Although the official language of this country is Turkish and Greek; But as we said, this is a tourist country, and because of this, both foreigners and natives of its cities and regions are fluent in English. As a result, if you have a general knowledge of the English language, you will have no problem communicating and interacting. In fact, since Northern Cyprus was a British colony in the past, there are still traces of this country's culture and language there, and because of this, about 90% of the residents of Northern Cyprus are completely fluent in English.
Peaceful and quiet space
Northern Cyprus is considered one of the best options for people looking for peaceful and quiet places. This country, with its rich natural texture and unique vegetation and eye-catching scenery, will give you a lot of peace. Also, you will not face much crowding in the city and outskirts.
The possibility of opening an international account
As another advantage of living in North Cyprus, we can mention the possibility of opening an international account. So you can open your own international account in this country and use it to deal with the various things you want.
Quality medical services
All kinds of healthcare services in North Cyprus are provided at a very high quality level and at the same time they have a low cost. It is interesting to know that medical services are completely free for the citizens of Northern Cyprus. As a result, this country is considered as one of the best options as a suitable destination for medical tourism.
For information on the price, facilities and conditions of buying villas for sale in North Cyprus, refer to the following page:
The possibility of using common currencies
In Northern Cyprus, it is possible to use all kinds of common currencies, and you don't just have to do business with the common currency and currency of this country, which is Lira. In fact, you can use other common currencies such as dollars and euros depending on different conditions, such as lack of access to the exchange or any other reason, and there is no prohibition in this regard. Of course, converting other currencies into lira can be easily done in a short period of time.
Low tax rate
The low tax rate is another advantage of living in North Cyprus, which is very important. In fact, this country has provided a suitable platform for every group of people and businesses to pay a lower tax rate than other neighboring countries. Of course, you should know that in recent years due to the entry of Northern Cyprus into the European Union, some of the tax rates of this country have increased compared to before; However, it still has a low tax rate compared to many other countries.
Clean Air
The air in Northern Cyprus is very clean and has no pollution. As we said, Northern Cyprus has rich vegetation, which has managed to control the air pollution crisis to a large extent. As a result, living in this country does not cause problems for young people as well as the elderly, but it is also useful and has a positive effect on their health.
See the daily price of apartments for sale in Antalya on the following page:
Forward economy
The economy of Northern Cyprus is very advanced and progressive; Therefore, it has a favorable economic situation. As a result, a suitable platform has been provided for foreigners to invest in real estate, entrepreneurship and start-up, etc. During the years 1980 to 2017, the country's gross output increased from 20 billion dollars to 22 billion dollars, and this rate has grown significantly by 2 percent until 2022. In fact, the active tourism industry in this country has a direct relationship with the amount of gross production.
International prestigious universities
Finally, we can mention the quality level and credibility of the universities of this country, which have a lot to say at the global level. Because of this, many people who are interested in studying tend to become students in the universities of this country and receive their degrees from them. The degrees of North Cyprus universities are globally recognized and can be presented at the international level. It is also interesting to know that applying to these universities is an easier process than other European universities as well as Turkish universities, and as a result, you will have a better chance of studying abroad.
Disadvantages of living in Northern Cyprus
In the following article, we will talk about the disadvantages of living in Northern Cyprus and we will mention all the things you need to know before deciding to immigrate or travel to this country.
You can find out about the price, specifications and conditions of buying real estate in Alanya by referring to the following page:
Impossibility of obtaining citizenship
As we mentioned in the previous section, one of the disadvantages of living in Northern Cyprus is the lack of citizenship. In fact, it is not possible to get a passport and citizenship of this country, and only you can get permanent residence of this country by buying a property based on certain conditions. So keep in mind that if you are thinking of getting citizenship of a foreign country, North Cyprus is not a suitable option for you.
Travel restrictions
As another disadvantage of living in Northern Cyprus, we can point out the restrictions on traveling to this country. In fact, the variety of incoming and outgoing flights to North Cyprus is not great, and for this reason, you cannot always find a ticket quickly at the time of your choice. This applies to both air travel and water travel. So, if you need to enter and leave North Cyprus at specific times depending on your work and life conditions, you may face problems and challenges.
Relatively low monthly income
You should know that the average income of some jobs in North Cyprus is lower than in other neighboring countries. Of course, you should know that if you have special expertise and skills, you can work in specific jobs and earn good income; But in general, some local jobs in North Cyprus have low income, which can bring challenges and problems. For example, currently, the average monthly income of a farm worker in this country is less than 800 dollars, and in addition, additional benefits such as housing, clothing, and travel expenses are not given to the individual. Of course, if you are going to immigrate to North Cyprus with a work visa, one of the disadvantages of living in North Cyprus cannot be considered low income.
To see the prices of apartments for sale in Turkey, go to the following page:
Difficult conditions for renting a house
Currently, the demand for renting a house in North Cyprus is more than buying; Due to this reason, the number of rental cases is decreasing day by day and increasing in proportion to the demand. Therefore, you should keep in mind that renting a house in North Cyprus is currently difficult and there is a lot of competition. Considering this issue, we suggest that you buy a house in this country with a suitable budget, if possible, so that you can reduce the hassles related to renting a house and on the other hand, get a residence in this country.
Low variety of consumer goods
There are not many commercial centers in North Cyprus, and many famous brand products may not be found in stores in this country; Because North Cyprus is a small island with a limited population, and usually the citizens prepare the types of items they need on a daily, weekly and monthly basis based on a specific routine. So, in general, the variety of goods in North Cyprus is low.
Poor public transportation system
As the last disadvantage of living in Northern Cyprus, we have to mention the public transportation system, which has a lower level compared to other countries such as Turkey. For example, the number of buses within the city in Northern Cyprus is small, so if you don't have your own car, you may have to wait for hours to get a public transport service. Also, sometimes on Saturdays and Sundays, the public bus system of the cities of Northern Cyprus is interrupted. In addition, taxi fares in the city are more expensive than buses and subways. As a result, it is better to buy a car for yourself so that you can move around the city without worrying and wasting time.
Finally, is Northern Cyprus the right choice?
In general, in this article, we tried to examine all the advantages and disadvantages of living in North Cyprus from different communities so that you can have a more open view of this issue and make a decision with enough knowledge to immigrate, travel or invest in this country. Now you can find out whether North Cyprus is the right option for you or not, according to your conditions and level of need. But in general, the advantages of living in North Cyprus are more than the disadvantages. As we said, this country is currently one of the popular destinations for foreigners for investment, educational migration, work migration, and other such matters, which is a confirmation of the existence of suitable conditions and conditions in this country.
To get more information and get expert advice on buying property in North Cyprus, you can contact Antalya Estate Group so that the experts can guide you in this field and you can walk in this direction with sufficient knowledge.
FAQ
Is it possible to get the citizenship of Northern Cyprus?
No; Currently, it is not possible to obtain citizenship or citizenship of Northern Cyprus without any problems.
Are the economic conditions of Northern Cyprus favorable?
Yes; As mentioned, Northern Cyprus is a tourist country and therefore has a progressive and developing economy.
What is the tax rate in Northern Cyprus?
In general, the tax rate in North Cyprus is lower than other neighboring countries.
Are the study conditions in North Cyprus favorable and suitable?
Yes, as we said, Northern Cyprus has prestigious universities whose degrees are international.
Is it possible to obtain a permanent residence in Northern Cyprus?
Yes; Currently, by purchasing a property worth at least $75,000, you can get a permanent residence in North Cyprus in the fastest time.
