About North Cyprus
Cyprus is the third largest island in the Mediterranean Sea, after Sardinia and Sicily. Northern Cyprus is famous for its sunshine! The island has a typical Mediterranean climate with 300 days of sunshine throughout the year. Although gorgeous, stunning beaches and four-season summer vacations are what most people think of when they first imagine the Turkish Republic of Northern Cyprus, there's a whole lot more to the island that only those who live here will know that's beautiful - from its deep history to its entertainment, nature, beaches, and local food. With an extremely low crime rate, Cyprus is one of the safest places in the world. Rated as one of the most environmentally sustainable countries in the world, Northern Cyprus always ensures that its citizens have access to these great privileges. Friendly to everyone of all ages, from children to the elderly, Cyprus is an absolute delight for everyone, locals and ex-pats alike. Known for its ideal Mediterranean climate and welcoming people, Northern Cyprus is one of the most breathtaking islands bridging three continents. Its pristine beaches and distinct nature are perfect for tourism.
With golden beaches and crystal-clear waters, you can swim at any beach and enjoy nearly 700 kilometers of coastline in Northern Cyprus. Kyrenia, with its peaceful and quiet pedestrianized streets and beaches, is the center where people in Cyprus sit, chat, and socialize. Cyprus, like Turkey and its culture, has a very kind and inviting atmosphere. This attention-grabbing characteristic, even while visiting the island as a tourist, is one of the most compelling reasons why people fall in love with Cyprus. Cyprus is a country where the human spirit will never die because of the kindness of the people, the generosity and hospitality are what make life in Cyprus so wonderful. Each and every city has a vibrant and dynamic social scene, especially Kyrenia, the tourist capital of Cyprus. Cafes, restaurants, bars, casinos, and hotels are very important for both local and international tourists visiting the island and the people who live here. To escape stress and boredom, people can immerse themselves in the social life of their choice on the beaches and walkable streets and spend a lot of time in lovely venues for entertainment.
Living in Cyprus is a lot more fun and exciting with a vibrant community. People live in harmony and enjoy their homes, thanks to the peaceful environment, which is one of the most attractive aspects of Cypriot life. Living in Cyprus offers many benefits to its citizens, which they will realize over time. The prosperous and peaceful environment created through the combination of many qualities brings out the best in people and affects them in a very positive way. People who work and study here are always happy, both in their professional and social lives. Fascinating with its history, culture, and natural beauty, some of the attractions in Northern Cyprus include The Medieval Walls of Nicosia, The Great Inn, St. Hilarion Castle, Bellapais Abbey, Kyrenia Castle, Kyrenia Pier, Blue Pavilion, Karmi Village, The Roman amphitheatre at Salamis, Famagusta Walled City, Golden Beach in Karpasia, Gate Marina in Karpasia, Cape Apostolos Andreas in Karpasia, Apostolos Andreas Monastery.
Frequently Asked Questions
The capital city
The capital of Northern Cyprus is Nicosia. Apart from Nicosia, there are 6 major cities in total, namely Kyrenia, Famagusta, Morphou, Iskele and Lefka.
Time Zone
GMT + 2
Local Currency
The local currency of Northern Cyprus is Turkish Lira since 2005. The symbol of the local currency: TL (Turkish Lira). Banknotes: 200, 100, 50, 20, 10, 5 TL. Kurus: 1 TL, 50, 25, 10 kr (Kurus). British pounds, euros, and US dollars can be exchanged at banks and currency exchanges, and are also widely accepted in the marketplace. There are many banks in the city that have ATMs with automated teller machines where you can withdraw money with debit and credit cards. Credit cards are accepted at most hotels, restaurants, and shopping.
Official Language
The official language of Northern Cyprus is Turkish. English is also commonly spoken in the country.
Transportation/Travelling
You can easily travel to North Cyprus by air and sea. Flights to North Cyprus operate from Ercan Airport, located 12 km east of Nicosia. As an alternative, from time to time, Geçitkale Airport in the east of the country is also available. In addition to these airports, Larnaca Airport offers the opportunity to fly due to its close proximity. There are also ferries sailing from Turkey to the ports of Famagusta and Kyrenia.
Climate
Being a Mediterranean island, Cyprus has a Mediterranean climate with hot, dry summers and mild winters with little precipitation. The average annual temperature in Northern Cyprus is 19.0°C.
The direction of the Traffic
Cyprus traffic drives on the left since it was declared to be a Crown Colony.
Unit of Measure
In North Cyprus, donum, evlek and square feet (ft2) units of measurement are used for buying and selling land in North Cyprus.
1 Donum = 4 Evlek = 14.400 ft2 = 1.338 m2
1 Evlek = 3600 ft2 = 334,5 m2
1 m2 = 10,76 ft2
1 ft = 30,48 cm
Communication
The international dialing code is (+90). There are two GSM operators and they are called Kuzey Kıbrıs Turkcell and Telsim Vodafone.
Economy
Northern Cyprus is a promising market for local and foreign investors and has a history of steady growth. In recent years, this steady and consistent growth has accelerated further, and it is now considered one of the most profitable markets in the Mediterranean. This is due to a combination of factors, including tourism and education, foreign and local real estate investment, and the continued and rapid growth of foreign vacation home buyers. The GDP per capita is $15,000 (as of 2017) and the economy is growing by leaps and bounds. The North Cyprus economy offers a promising, stable and secure investment environment with a growing economy, tourism, higher education sector and an increasing number of foreign investors.
Education Sector
The higher education sector is by far the largest sector of the Northern Cyprus economy, with 16 universities and approximately 95,000 students (as of 2016). In addition, five more universities are under construction and the government has issued 11 more permits for further investment in universities. The number of students has increased by 375% over the past 13 years, from 24,000 to 90,000. In eight years, the number is expected to reach 150,000. The annual contribution to the local economy per student is estimated to be around $17,000.
Public Investments
It's a small country with a population of 300,000, but over the past decade, the government has become aware of the importance of foreign investment in revitalizing the economy and spurring growth. As a result, public investments are gaining momentum. These include Turkey's water supply project connected by undersea pipes, the opening of a new airport with a capacity of 5 million passengers, highway projects in progress, and various other infrastructure projects. In addition, a feasibility study is underway to transport electricity by the sea in Turkey.
Real Estate Investment
Due to its strategic location, North Cyprus offers a highly favorable and fairly opportunistic investment environment for local and foreign investors. With a well-established infrastructure, North Cyprus is one of the most attractive locations for investment. In addition to the excellent quality of the business environment, North Cyprus offers a range of investment benefits for direct investment. In addition, due to its small but fast-growing economy, North Cyprus offers many economic incentives for both local and foreign investors. A skilled young workforce with many universities and a high level of literacy is another major asset that North Cyprus presents to investors. Turkey, with a population of 70 million, is the most important source of labor, both in terms of being the closest neighbor and in terms of cultural and linguistic ties. The political position of Northern Cyprus is to reach a resolution on the island and fulfill the European Union's dream. With positive political developments in Cyprus, it is expected that the investment climate and investment will greatly expand. In order to advance the business environment, we would like to remind investors that there are constructive and supportive government policies for both local and foreign investors in Northern Cyprus.