{"id":691,"date":"2023-01-13T16:15:41","date_gmt":"2023-01-13T12:45:41","guid":{"rendered":"https:\/\/radmanm.com\/?page_id=691"},"modified":"2024-05-10T10:45:59","modified_gmt":"2024-05-10T07:15:59","slug":"faq-estate","status":"publish","type":"page","link":"https:\/\/radmanm.com\/en\/faq\/faq-estate\/","title":{"rendered":"FAQs About Investing &#038; Buying Property"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"691\" class=\"elementor elementor-691\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-68859fd elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"68859fd\" data-element_type=\"section\" data-settings=\"{&quot;shape_divider_bottom&quot;:&quot;waves&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M421.9,6.5c22.6-2.5,51.5,0.4,75.5,5.3c23.6,4.9,70.9,23.5,100.5,35.7c75.8,32.2,133.7,44.5,192.6,49.7\n\tc23.6,2.1,48.7,3.5,103.4-2.5c54.7-6,106.2-25.6,106.2-25.6V0H0v30.3c0,0,72,32.6,158.4,30.5c39.2-0.7,92.8-6.7,134-22.4\n\tc21.2-8.1,52.2-18.2,79.7-24.2C399.3,7.9,411.6,7.5,421.9,6.5z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-90d3f77\" data-id=\"90d3f77\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a5dd32b elementor--h-position-center elementor--v-position-middle elementor-arrows-position-inside elementor-pagination-position-inside elementor-widget elementor-widget-slides\" data-id=\"a5dd32b\" data-element_type=\"widget\" data-settings=\"{&quot;navigation&quot;:&quot;both&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;autoplay_speed&quot;:5000,&quot;infinite&quot;:&quot;yes&quot;,&quot;transition&quot;:&quot;slide&quot;,&quot;transition_speed&quot;:500}\" data-widget_type=\"slides.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! 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elementor - v3.11.5 - 14-03-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p style=\"text-align: center;\">In general, you need to receive comprehensive information about the desired country concerning immigration and investment opportunities. In this section, we tried to summarize the frequently asked questions of clients and applicants for investment and property purchases in North Cyprus. However, sometimes some issues are more specialized and require more investigation, and our consultants will be by your side to help you with more complete and detailed information.<\/p><p style=\"text-align: center;\">It is an honor to announce your presence, the Radman Mediterranean consultant group with its history and experience will carry out all the mentioned steps in the process of buying the property accurately and perfectly so that the dear applicants can make a safe investment without any worries.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1b9aed0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1b9aed0\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4b52dbba\" data-id=\"4b52dbba\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e7387b2 elementor-widget elementor-widget-heading\" data-id=\"e7387b2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.5 - 14-03-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><span class=\"elementor-heading-title elementor-size-default\">Answers of FAQs<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22caba85 elementor-widget elementor-widget-accordion\" data-id=\"22caba85\" data-element_type=\"widget\" id=\"faq-tabs\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.5 - 14-03-2023 *\/\n.elementor-accordion{text-align:left}.elementor-accordion .elementor-accordion-item{border:1px solid #d4d4d4}.elementor-accordion .elementor-accordion-item+.elementor-accordion-item{border-top:none}.elementor-accordion .elementor-tab-title{margin:0;padding:15px 20px;font-weight:700;line-height:1;cursor:pointer;outline:none}.elementor-accordion .elementor-tab-title .elementor-accordion-icon{display:inline-block;width:1.5em}.elementor-accordion .elementor-tab-title .elementor-accordion-icon svg{width:1em;height:1em}.elementor-accordion .elementor-tab-title .elementor-accordion-icon.elementor-accordion-icon-right{float:right;text-align:right}.elementor-accordion .elementor-tab-title .elementor-accordion-icon.elementor-accordion-icon-left{float:left;text-align:left}.elementor-accordion .elementor-tab-title .elementor-accordion-icon .elementor-accordion-icon-closed{display:block}.elementor-accordion .elementor-tab-title .elementor-accordion-icon .elementor-accordion-icon-opened,.elementor-accordion .elementor-tab-title.elementor-active .elementor-accordion-icon-closed{display:none}.elementor-accordion .elementor-tab-title.elementor-active .elementor-accordion-icon-opened{display:block}.elementor-accordion .elementor-tab-content{display:none;padding:15px 20px;border-top:1px solid #d4d4d4}@media (max-width:767px){.elementor-accordion .elementor-tab-title{padding:12px 15px}.elementor-accordion .elementor-tab-title .elementor-accordion-icon{width:1.2em}.elementor-accordion .elementor-tab-content{padding:7px 15px}}.e-con-inner>.elementor-widget-accordion,.e-con>.elementor-widget-accordion{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-accordion\" role=\"tablist\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-5831\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"tab\" aria-controls=\"elementor-tab-content-5831\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">Why Buy Property in North Cyprus?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-5831\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-5831\"><p style=\"text-align: left;\">&#8211; Very reasonable price compared to Iran and other neighboring countries<br \/>&#8211; Obtaining permanent residence for the buyer and first-degree family (receiving residence immediately after purchasing the property and paying the first installment within 30 working days)<br \/>&#8211; Maintaining the added value of the investment based on the stable currency of the pound (in addition to the annual growth of the property in Northern Cyprus, the British pound becomes more valuable every year compared to other currencies)<br \/>&#8211; Incredible payment terms (interest-free and multi-year installments)<br \/>&#8211; Significant annual growth of the property<br \/>&#8211; Issuance of an inheritance property document in the name of the person or persons of the buyer, which is permanent and will be inherited by the legal heirs of the buyer.<br \/>&#8211; Very low tax rate compared to other countries offering investment residence<br \/>&#8211; Diversity in construction companies and projects<br \/>&#8211; Rental guarantee with a profit of 7-12% of the total price of the property (possibility of short-term and long-term rental)<br \/>&#8211; Penatsil above the agreement between the two Cyprus region and a price jump of at least 50% and the benefit of the residents of foreign nationals from the opportunities available in the European Union, immediately after the removal of the border<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-5832\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"tab\" aria-controls=\"elementor-tab-content-5832\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">Construction Growth in Northern Cyprus<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-5832\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-5832\"><p style=\"text-align: left;\">Currently, the real estate market in North Cyprus is growing a lot. Now is the best time to buy property for investment because the number of British and European buyers is increasing and properties are still very affordable. Added profit is a good indicator of the number of foreign investors, which indicates high sales figures.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-5833\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"tab\" aria-controls=\"elementor-tab-content-5833\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">What is the Growth of Property in North Cyprus?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-5833\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-5833\"><p>Due to the relative virginity of this island and the sudden influx of citizens from other countries to stay, the demand for buying property increases every year and accordingly, the price of property and houses experiences an annual growth of 12-15%. On the other hand, significant added value includes the properties of this country. For example, a project that is pre-sold for 50,000 pounds in the soil stage, after the excavation stage, it will increase by about 7-8%, after the skeleton is visible, it will increase by 15%, and after the project and all its facilities are completed, it will increase by about 7-8%. will reach 25 percent. Small construction projects usually take one year and larger projects take about two years.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-5834\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"tab\" aria-controls=\"elementor-tab-content-5834\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">After the Purchase, Will the House Deed be Fully Registered to the Buyer's Name?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-5834\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-5834\"><p>Yes, documents in Northern Cyprus are registered permanently in the buyer&#8217;s name after the total amount has been settled, and all the details of the property and even the amount of the buyer&#8217;s shares in the property are included in the document and stamped by the government of this country. . And it is sealed.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-5835\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"tab\" aria-controls=\"elementor-tab-content-5835\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">How to Get Residency for Buying Property in Northern Cyprus?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-5835\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-5835\"><p>After the official registration of the property in the name of the buyer, documents such as a photo, a copy of the passport and the certificate of the local supervisor on the accommodation, as well as a copy and the original of the contract sealed in the registry office, a letter of non-impropriety in the country of origin with the approval of the Turkish embassy, as well as a health certificate. including AIDS and hepatitis blood tests which are taken from the applicant here) is required. After completing these documents, he will go to the immigration office in Lefkosha and a one-year residence stamp will be stamped in the passport of the buyer and his companions. Also, the buyer will be provided with a pink residence booklet with photos and details, which is required every year to renew the residence. It should also be noted that for the sake of security and peace of mind in investing, the North Cyprus Tax Department gives an tracking code to the buyers, which prevents possible abuses such as selling the property to several people, etc. for sure.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-5836\" class=\"elementor-tab-title\" data-tab=\"6\" role=\"tab\" aria-controls=\"elementor-tab-content-5836\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">Additional Costs of Buying a Property in Northern Cyprus (Taxes in Northern Cyprus)<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-5836\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"6\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-5836\"><p>&#8211; Half percent of the property amount: for stamps<br \/>&#8211; Five percent of the property amount: for the tax that is only given to newly built houses<br \/>&#8211; Three percent of the property amount: for the registration of the document, which is usually considered by the Cyprus government with a discount in the months of the year. The time of payment of this tax is also in the hands of the buyer.<br \/>&#8211; Water transfer and electricity meter costs: it depends on the type of property and it is about 500 dollars in total.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-5837\" class=\"elementor-tab-title\" data-tab=\"7\" role=\"tab\" aria-controls=\"elementor-tab-content-5837\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">How Can I Bring the Amount of the Desired Property with Myself to North Cyprus for Purchase due to the Restriction of Currency Withdrawal in Iran? (Iranian Exchange in North Cyprus)<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-5837\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"7\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-5837\"><p>In North Cyprus, there are Iranian exchanges that can deposit the desired amount using the Iranian Shatab card with a transfer to the exchange account. It should be noted that one of the special services of Radman Mediterranean Group is the safe transfer of your capital to North Cyprus in the shortest possible time, which is done upon request.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-5838\" class=\"elementor-tab-title\" data-tab=\"8\" role=\"tab\" aria-controls=\"elementor-tab-content-5838\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">Which Region of Cyprus is the Best for Investment and Amenities?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-5838\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"8\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-5838\"><p>Radman Mediterranean Consulting Group with its experience in this field and taking into account the investment goal and interests of the buyer and expert consultations with buyers will offer you the best area of Cyprus for optimal investment. Since the purpose of investment, as well as the personal interests of people, are different, according to the conditions of Cyprus, cities, different regions, etc., there are various options, and of course, the final decision in choosing the project will be with the buyer. But in general, Famagusta City, Long Beach area, Girne City, and its surroundings are more welcoming for investment due to the geographical location and the excessive number of builders in these areas. The facilities of these areas can be mentioned: the abundance of very pristine sandy beaches and proximity to the sea, 30 to 40 minutes drive to the airport, the existence of essential facilities and amenities above the standard, and touristic areas and scenic views.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-5839\" class=\"elementor-tab-title\" data-tab=\"9\" role=\"tab\" aria-controls=\"elementor-tab-content-5839\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">What Happens to the Status of the Purchased Property in North Cyprus after the Death of the Buyer? (Inheritance Law for Foreigners in North Cyprus)<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-5839\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"9\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-5839\"><p>The property deed purchased in North Cyprus is transferred to the heirs after the death of the deceased. Because it is registered in the name of the buyer in a complete and governmental manner.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-58310\" class=\"elementor-tab-title\" data-tab=\"10\" role=\"tab\" aria-controls=\"elementor-tab-content-58310\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">What is the Starting Price of Property in North Cyprus?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-58310\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"10\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-58310\"><p>The starting prices for pre-sale of each studio unit (without bedroom) are \u00a345,000, one bedroom unit is \u00a355,000, two bedroom unit is \u00a365,000, three bedroom unit is \u00a380,000, twin villa is \u00a3130,000 and for the independent villa from The amount is 160,000 British pounds.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-58311\" class=\"elementor-tab-title\" data-tab=\"11\" role=\"tab\" aria-controls=\"elementor-tab-content-58311\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">Are there any Iranian Exchanges in North Cyprus?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-58311\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"11\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-58311\"><p>Yes, the applicant can receive the desired amount using the Iranian Shatab card by remittance to the exchange account.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-58312\" class=\"elementor-tab-title\" data-tab=\"12\" role=\"tab\" aria-controls=\"elementor-tab-content-58312\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"radmanicons radman-iconsArrowDown\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"radmanicons radman-iconsArrowUp\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" href=\"\">Company Registration Procedures in North Cyprus<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-58312\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"12\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-58312\"><p>In order to prevent the usurpation of this country, the North Cyprus government has decided that every foreigner in North Cyprus can have a document, which can be a property document or a land document, the dimensions of which cannot be more than 6000 square meters. If the company is registered in this country, this restriction is removed from the person and the property can be registered in the name of the company without any number limit.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why Buy Property in North Cyprus?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p style=\\\"text-align: left;\\\">&#8211; Very reasonable price compared to Iran and other neighboring countries<br \\\/>&#8211; Obtaining permanent residence for the buyer and first-degree family (receiving residence immediately after purchasing the property and paying the first installment within 30 working days)<br \\\/>&#8211; Maintaining the added value of the investment based on the stable currency of the pound (in addition to the annual growth of the property in Northern Cyprus, the British pound becomes more valuable every year compared to other currencies)<br \\\/>&#8211; Incredible payment terms (interest-free and multi-year installments)<br \\\/>&#8211; Significant annual growth of the property<br \\\/>&#8211; Issuance of an inheritance property document in the name of the person or persons of the buyer, which is permanent and will be inherited by the legal heirs of the buyer.<br \\\/>&#8211; Very low tax rate compared to other countries offering investment residence<br \\\/>&#8211; Diversity in construction companies and projects<br \\\/>&#8211; Rental guarantee with a profit of 7-12% of the total price of the property (possibility of short-term and long-term rental)<br \\\/>&#8211; Penatsil above the agreement between the two Cyprus region and a price jump of at least 50% and the benefit of the residents of foreign nationals from the opportunities available in the European Union, immediately after the removal of the border<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Construction Growth in Northern Cyprus\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p style=\\\"text-align: left;\\\">Currently, the real estate market in North Cyprus is growing a lot. Now is the best time to buy property for investment because the number of British and European buyers is increasing and properties are still very affordable. Added profit is a good indicator of the number of foreign investors, which indicates high sales figures.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What is the Growth of Property in North Cyprus?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Due to the relative virginity of this island and the sudden influx of citizens from other countries to stay, the demand for buying property increases every year and accordingly, the price of property and houses experiences an annual growth of 12-15%. On the other hand, significant added value includes the properties of this country. For example, a project that is pre-sold for 50,000 pounds in the soil stage, after the excavation stage, it will increase by about 7-8%, after the skeleton is visible, it will increase by 15%, and after the project and all its facilities are completed, it will increase by about 7-8%. will reach 25 percent. Small construction projects usually take one year and larger projects take about two years.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"After the Purchase, Will the House Deed be Fully Registered to the Buyer's Name?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Yes, documents in Northern Cyprus are registered permanently in the buyer&#8217;s name after the total amount has been settled, and all the details of the property and even the amount of the buyer&#8217;s shares in the property are included in the document and stamped by the government of this country. . And it is sealed.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"How to Get Residency for Buying Property in Northern Cyprus?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>After the official registration of the property in the name of the buyer, documents such as a photo, a copy of the passport and the certificate of the local supervisor on the accommodation, as well as a copy and the original of the contract sealed in the registry office, a letter of non-impropriety in the country of origin with the approval of the Turkish embassy, as well as a health certificate. including AIDS and hepatitis blood tests which are taken from the applicant here) is required. After completing these documents, he will go to the immigration office in Lefkosha and a one-year residence stamp will be stamped in the passport of the buyer and his companions. Also, the buyer will be provided with a pink residence booklet with photos and details, which is required every year to renew the residence. It should also be noted that for the sake of security and peace of mind in investing, the North Cyprus Tax Department gives an tracking code to the buyers, which prevents possible abuses such as selling the property to several people, etc. for sure.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Additional Costs of Buying a Property in Northern Cyprus (Taxes in Northern Cyprus)\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>&#8211; Half percent of the property amount: for stamps<br \\\/>&#8211; Five percent of the property amount: for the tax that is only given to newly built houses<br \\\/>&#8211; Three percent of the property amount: for the registration of the document, which is usually considered by the Cyprus government with a discount in the months of the year. The time of payment of this tax is also in the hands of the buyer.<br \\\/>&#8211; Water transfer and electricity meter costs: it depends on the type of property and it is about 500 dollars in total.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"How Can I Bring the Amount of the Desired Property with Myself to North Cyprus for Purchase due to the Restriction of Currency Withdrawal in Iran? (Iranian Exchange in North Cyprus)\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>In North Cyprus, there are Iranian exchanges that can deposit the desired amount using the Iranian Shatab card with a transfer to the exchange account. It should be noted that one of the special services of Radman Mediterranean Group is the safe transfer of your capital to North Cyprus in the shortest possible time, which is done upon request.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Which Region of Cyprus is the Best for Investment and Amenities?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Radman Mediterranean Consulting Group with its experience in this field and taking into account the investment goal and interests of the buyer and expert consultations with buyers will offer you the best area of Cyprus for optimal investment. Since the purpose of investment, as well as the personal interests of people, are different, according to the conditions of Cyprus, cities, different regions, etc., there are various options, and of course, the final decision in choosing the project will be with the buyer. But in general, Famagusta City, Long Beach area, Girne City, and its surroundings are more welcoming for investment due to the geographical location and the excessive number of builders in these areas. The facilities of these areas can be mentioned: the abundance of very pristine sandy beaches and proximity to the sea, 30 to 40 minutes drive to the airport, the existence of essential facilities and amenities above the standard, and touristic areas and scenic views.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What Happens to the Status of the Purchased Property in North Cyprus after the Death of the Buyer? (Inheritance Law for Foreigners in North Cyprus)\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>The property deed purchased in North Cyprus is transferred to the heirs after the death of the deceased. Because it is registered in the name of the buyer in a complete and governmental manner.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What is the Starting Price of Property in North Cyprus?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>The starting prices for pre-sale of each studio unit (without bedroom) are \\u00a345,000, one bedroom unit is \\u00a355,000, two bedroom unit is \\u00a365,000, three bedroom unit is \\u00a380,000, twin villa is \\u00a3130,000 and for the independent villa from The amount is 160,000 British pounds.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Are there any Iranian Exchanges in North Cyprus?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Yes, the applicant can receive the desired amount using the Iranian Shatab card by remittance to the exchange account.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Company Registration Procedures in North Cyprus\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>In order to prevent the usurpation of this country, the North Cyprus government has decided that every foreigner in North Cyprus can have a document, which can be a property document or a land document, the dimensions of which cannot be more than 6000 square meters. If the company is registered in this country, this restriction is removed from the person and the property can be registered in the name of the company without any number limit.<\\\/p>\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>FAQs About Investing &#038; Buying Property In general, you need to receive comprehensive information about the desired country concerning immigration and investment opportunities. In this section, we tried to summarize the frequently asked questions of clients and applicants for investment and property purchases in North Cyprus. However, sometimes some issues are more specialized and require [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":659,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"ams_acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.10 (Yoast SEO v20.10) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FAQs About Investing &amp; Buying Property - Radman Mediterranean<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FAQs About Investing &amp; Buying Property\" \/>\n<meta property=\"og:description\" content=\"FAQs About Investing &#038; Buying Property In general, you need to receive comprehensive information about the desired country concerning immigration and investment opportunities. In this section, we tried to summarize the frequently asked questions of clients and applicants for investment and property purchases in North Cyprus. 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