Mediterranean lifestyle, healthy cuisine, almost zero crime rates, clean environment, internationally accredited high education and fast-developing infrastructure attract a lot of investors to buy properties in North Cyprus. Comparatively low property prices, steadily growing capital gains on property and rental yields make investments in real estate highly perspective.
General Information about North Cyprus
Capital City. The capital of North Cyprus is Nicosia.
Time. North Cyprus is located in Eastern Europe, therefore, the time used is 2 hours ahead of Greenwich Mean Time.
Currency. The currency used in North Cyprus is Turkish Lira. American Dollar, Euro and English Pounds can also be used in your general expenditures and shopping.
Language. The official language in North Cyprus is Turkish, and almost everyone can also speak English.
Visa. You can obtain tourist visa with your Passport without paying any additional charges and can live in North Cyprus for 30 days. A Tourist Visa will have a Passport stamp for 30 days without any extra charges.
Internet. You can purchase 3G and 4G internet from any mobile operator offices.
Health services. Northern Cyprus has a health service of high quality. Public and private hospitals include the most contemporary health equipments.
Cyprus Problem: unbiased view
The majority of the initial remarks about modern Cyprus start in August 1960 with the Island gaining its independence from British rule as a united Cyprus.
Governance to the Republic of Cyprus was in the form of a ‘Partnership State’ between the Greek and Turkish communities. Before the establishment of the Republic, two crucial international agreements, Zürich (1959) and London (1960), were signed and accepted by Greece, Turkey, Britain, and both Turkish and Greek Cypriots. Under these agreements the UK, Turkey and Greece were designated as guarantors under the Treaty of Guarantee.
The Republic was established based on a proportional representation of 70% Greek Cypriots and 30% Turkish Cypriots. This ratio was reflected in the membership of parliament and in the administration. The president was a Greek Cypriot and the vice-president was a Turkish Cypriot. However, the Republic in this form only survived for three years.
The question of what caused the collapse of the two communities living together in unity under a single state has been, and still is, a cause of international and internal political disputes. Both communities on the island consistently blame each other. Each side has produced their different versions of ‘what actually’ had happened and who was at fault.
When the first serious conflicts took place in 1963 many attacks were directed at Turkish Cypriot civilians in an attempt by Greece backed Greek Cypriots to take control of the regime. In March 1964 under Security Council resolution, the UN Peace-Keeping Force (UNFICYP) was sent to the island and currently is still on the island, to help to restore peace and normal conditions. Thus was born the ‘Cyprus Problem’, the governance of the island of Cyprus.
The Turkish Cypriot interpretation is that the ‘Cyprus Problem’ is a predicament of over fifty years, which takes the collapse of the Republic of Cyprus in 1963 as a starting point. It interprets the Problem as an intervention by Turkish troops in 1974 to save the minority ethnic population of Turkish Cypriots.
The Greek Cypriot Government interpretation is that the ‘Cyprus Problem’ is a predicament of over forty years, which takes 1974, when Turkish troops came to the island, as a starting point. It interprets the issue as an invasion of the island by the Turkish troops. Greek Cypriots’ perspectives on the issue are that Turkey violated the UN Charter and all principles governing international relations as well as her contractual obligations by occupying the island in 1974 with 40,000 Turkish military forces.
Whereas once upon a time both communities used to live together peacefully on Cyprus, since the 1974 intervention/invasion, the island became divided between the south as Greek and the north as Turkish.
Since 1974, there has been a cease-fire between the Greek and Turkish Cypriots. A buffer zone under the control of the United Nations stretches between Northern Cyprus and the Republic of Cyprus. There is now little hindrance on border crossings between the South borders although there are restrictions on specific goods and total values imported/exported. It is also easy for tourists to cross the borders from both sides.
The Government of the Republic of Cyprus has continued to be the only internationally recognized authority; in practice, its authority extends only to the government-controlled area.
In 1983, the Turkish Cypriots declared an independent Turkish Republic of Northern Cyprus (TRNC). The international community, with the exception of Turkey, does not recognize Northern Cyprus as a sovereign state, but recognizes the de jure sovereignty of the Republic of Cyprus.
However, it is de facto an independent secular republic with a democratic governmental system based on the principles of social justice and the rule of law. North Cyprus territory is not under economic ban (sanctions). Since 2004, when the UN authorities suggested that trade limitations against Northern Cyprus should be cancelled, many global enterprises and brands realized the difference between non-recognition and embargo.
Article by Cyprus Consulting Group, Kyrenia