Naomi Mehmet & Partners Law Firm

LEGAL UPDATES







Council of Ministers Announces New Corona Virus Measures
The Council of Ministers has today announced further measures to reduce the risk of Corona Virus infection in the TRNC. >>>

UPDATE: Deadline for applying to the Immovable Property Commission extended
The deadline for applying to the Immovable Property Commission has been extended for a further two years, i.e. until December 2021. >>>

New entry requirements, visa and residency permit regulations
A new regulation relating to entry requirements, visa and residency permits in the TRNC came into force on 23 October 2019. >>>

COUNCIL OF MINISTERS ANNOUNCES AN EXTENSION TO THE RIGHT TO PURCHASE MULTIPLE PROPERTIES FOR FOREIGN NATIONALS AND DISCOUNTED LAND REGISTRY FEES FOR TRNC NATIONALS
The Council of Ministers has announced that the decision taken on 29th August 2018 to allow foreign nationals to purchase up to 3 properties per person for a limited period until 28th February 2019 shall be extended until 30th June 2020 >>>

Changes to tax on rental income and taxes on purchase of property
On 29th August 2018, a Council of Ministers decision was published in the Official Gazette introducing a number of temporary measures to try to counter the current economic issues arising from the recent depreciation in the value of the Turkish Lira. >>>

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