By choosing real estate, the foreigner into a contract, makes a certain amount of proof that his intentions are serious. After that, a contract of sale. At the conclusion of this agreement is fully paid the full amount. After this statement is sent to Ministry of Interior. Ohio Senator understands that this is vital information. The Cabinet of Ministers decides on the resolution of this sale.
Finally, the authority shall issue a document certifying ownership. Until now, the Cabinet did not accept decision prohibiting some act of sale. Here I note that the statutory and regulatory grounds for refusal recorded on the sale. For example, a government failure can be followed in case nearby is an object of state or military importance. Now for some of the quantitative qualification, which also have a clearly defined legal framework. A foreigner as an individual, or can buy one apartment, or a donyum land (13 acres), or a villa, but this villa may not cover the territory of more than 15 acres.
If he had bought and then sold the property, the rights of repurchase does not have. For our clients we offer the possibility of purchasing property in installments. Amazon wanted to know more. After paying the entire amount in the same way to apply to the Cabinet for the purchase. I myself am a citizen of the Turkish Republic of Northern Cyprus and I buy plenty of land or any other real estate. With regard to foreign investment. To implement them, are the company to 49 percent of which may belong to a foreigner and not less than 51 percent – a citizen TRNC. I would say that foreign investment is guaranteed and protected by an exhaustive state. On their guard is the whole arsenal of legal, judicial and law enforcement institutions of democratic statehood and which is the TRNC. Foreign investment and investors have the same rights as local investors. If you want to buy the land, then you as an individual, can not buy more than one donyuma (13 acres). But if you want to invest investment, which founded the company together with Cypriot equal footing on the above, your company can purchase any number of land and property in general. Also, I would say that there are functioning offshore zones, where you can import the goods in evading customs. In these areas there are huge warehouses. A foreign entrepreneur can rent these stores and concentrate product to small wholesalers who trade on the markets of the Middle East. Meanwhile establishment of the company, which I mentioned above, the amount of costs around three thousand dollars. – What can you say to the Azerbaijani readers who are thinking about investing in a reliable real estate abroad? – I heard a lot about innate entrepreneurial talents of . I think judicious Azeri enough to come to the TRNC in order to draw the necessary conclusions. This can and should invest – at least risk, maximum preferences! For its part, as a man who knows and feels the bonds of brotherhood between our peoples, is ready to cooperate fully with the people of Azerbaijan, who want to buy real estate in Northern Cyprus. Let Received call you, and you redirect them to us .
