Opportunities
Why Invest in North Cyprus? With its strategic location, Northern Cyprus is amongst the first choices of people who are looking to invest. The economy is good, the property market is growing rapidly each year which only means it will increase further in the near future.
Why Invest in North Cyprus? There are many reasons as to why you should choose to live and invest in Northern Cyprus. First of all, Northern Cyprus is among the rare countries that provides rapid return on investment. It is one of the most reliable places and it is the 3rd country in Europe with the lowest crime rate. Secondly, VAT rates, real estate purchase and sale title deeds, guaranteed rental income, real estate tax rate of 1%, visa free access for citizens of all Eastern European countries, compared to European real estate market, North Cyprus real estate market is found to be cheaper and more affordable which also yields a high rental income each year.
On the other hand, North Cyprus is also known as an island of tourism and education. For the past 5 years, Northern Cyprus has experienced an increase growth in the tourism sector with tourists coming from different parts of the world. In almost every region of Northern Cyprus, there will be a wide range of products, restaurants, tourist spots, etc that tourists can choose from.
With its strategic location, Northern Cyprus is amongst the first choices of people who are looking to invest. The economy is good, the property market is growing rapidly each year which only means it will increase further in the near future.