Is Northern Cyprus Tax-Free

Before delving into its tax regime, it’s essential to understand the unique status of Northern Cyprus according to buy property in Northern Cyprus. Following a tumultuous period in the 20th century, the island of Cyprus became divided into two parts: the Republic of Cyprus in the south and the Turkish Republic of Northern Cyprus (TRNC) in the north. While the Republic of Cyprus is a member of the European Union (EU) and subject to EU laws and regulations, Northern Cyprus operates as a separate entity with its own legal and administrative systems.


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