The minimum wage in Northern Cyprus has been raised by more than 7%. The new minimum wage was set to 1675 TL rising from 1560 TL. However, trade unions have expressed their dissatisfaction with the salary increase of 7.37%, stating that the minimum monthly salary should be at least 2,000 Turkish Liras.
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Council of Ministers Decree of 15 May 2025 reshapes foreign property ownership rules in Northern Cyprus
Council of Ministers Decree of 15 May 2025 reshapes foreign property ownership rules in Northern Cyprus On 15 May 2025 the Turkish Republic of Northern Cyprus (TRNC) published a Council of Ministers Decision in the Official Gazette, introducing significant revisions to property acquisition by non-TRNC citizens.Northern Cyprus: New Property Purchase Rules for Foreign Nationals
Northern Cyprus has introduced amendments to the law regulating real estate purchases by foreign nationals. According to the updated legislation published in the Official Gazette, foreign individuals are now allowed to purchase:Legal Tensions Rise as Arrest Warrants Target Turkish Nationals in Northern Cyprus Development
A new wave of concern has emerged among investors and developers in Northern Cyprus following the Republic of Cyprus' decision to issue arrest warrants against Turkish nationals involved in the prestNorthern Cyprus Simplifies Residency Rules for Foreigners: Prime Minister Ünal Üstel Announces Major Reforms
Prime Minister Ünal Üstel has officially unveiled significant amendments to the residency system for foreigners, emphasizing that these steps are not merely administrative, but rooted in humanitarian and social responsibility.
