Cyprus’s economy delivered strong growth through 2025, but forecasts for 2026 have been revised down amid a broader regional energy shock, even as the island’s public finances continue improving on a key structural measure. This guide covers the current growth, inflation, and debt outlook for Cyprus and what it means for anyone evaluating the island as an investment or relocation...
Changes in real estate taxation are being prepared. According to the government proposal, individuals obtaining credit for the purchase of more than one property will be required to pay a 15% tax on transactions with banks and insurance. Meanwhile, those acquiring their first home will be exempt from the specified tax. Citizens taking out loans for multiple houses will be subject to a 15% tax on...
Turkish citizenship by real estate investment remains one of the fastest, most accessible citizenship-by-investment routes available anywhere, and the core terms have stayed remarkably stable even as the surrounding application process has been tightened. This guide covers exactly what the programme requires today, the procedural changes introduced in recent years, and how Turkey’s route compares...
1. Troy Museum: This amazing museum is located in the province of Canakkale and has been awarded by the European Museum Academy. It is situated near the excavation site of the ancient city of Troy (yes, that Troy). It houses artifacts dating back 5,000 years. The museum's collection includes around 2,000 exhibits. 2. Zeugma Mosaic Museum in Gaziantep: This is one of the largest mosaic museums in the world....
Turkeys relationship with wine runs far deeper than most visitors expect from a predominantly Muslim country. Anatolia is widely regarded by archaeologists and wine historians as one of the birthplaces of viticulture itself, with evidence of grape cultivation and wine production in the region stretching back thousands of years, predating many of the wine traditions more commonly associated with Europe....
A lease agreement through e-Devlet is now standard practice: Turkey has digitized much of its rental market administration through this national e-Government portal, and understanding how lease agreements interact with this system matters for anyone renting property in the country — whether as a tenant, a landlord, or a foreign property owner in Turkey managing a rental unit remotely. This guide covers...
New Regulations for Turkish Residency Permits: Increased Investment Thresholds Effective October 16, 2023, a significant change has impacted the process of obtaining a Turkish residence permit through property investment. This new regulation applies nationwide. Higher Property Value Requirement Under the new regulation, to qualify for a residence permit based on property ownership, the minimum...
Residence permit in Northern Cyprus is one of the attractive options for foreigners who want to obtain the right to live and have comfortable living conditions on this beautiful island. For Russians, Belarusians, and Ukrainians, Northern Cyprus opens its doors within the visa-free regime. Upon entering the country, our compatriots receive a stamp in their passport, allowing them to stay in Cyprus for 1...
New changes in the rules for renting real estate. These changes will require property owners to comply with new requirements and obtain the appropriate licenses from the Ministry of Culture and Tourism. One of the main changes pertains to short-term rentals, which are now limited to a period of less than 100 days. The logic behind this restriction is that tourists cannot stay in Turkey for...
The Building Identification Certificate (BKS) is a new system that will play an important role in ensuring the safety of buildings in Turkey. All homes must be earthquake resistant and undergo regular inspections to minimize potential hazards. One of the problems we face when buying a property is not knowing what materials it was built from and what design changes were made. BKS solves this...
