Northern Cyprus: a gateway to unique investment opportunities with 47% savings compared to the US market!
In today’s fast-paced world, finding safe and profitable investment opportunities has become an important concern for many people. In the meantime, North Cyprus, as a shining jewel in the Mediterranean Sea, welcomes investors from all over the world with open arms and offers you a unique opportunity to invest in a safe, stable country with high growth potential. In this article, we are going to mention the investigation and investment in North Cyprus, so stay tuned to Kargar’s website.
Why choose North Cyprus?
There are several reasons that make North Cyprus an ideal investment destination. Here are some of the most important reasons:
- Strategic geographical location: Northern Cyprus is strategically located in the Mediterranean Sea and acts as a bridge between Europe, Asia and Africa. This unique geographical location has provided this country with easy access to global markets as well as high potential for trade and commerce.
- Low cost of living: Compared to other European countries, Northern Cyprus has a very low cost level. The price of housing, food, transportation and other living expenses in this country is significantly lower than in Western European countries.
- Stable economic growth: Northern Cyprus has enjoyed a stable and significant economic growth in recent years. This is due to various factors, including the increase in foreign investment, the development of the tourism industry, as well as the strategic position of this country in the region.
- Tax exemptions: The government of Northern Cyprus has provided attractive tax exemptions for foreign investors. These exemptions include income tax exemption, capital gains tax exemption, and inheritance tax exemption.
- Investing in real estate: The real estate sector in North Cyprus is booming. Housing prices in this country have been steadily increasing in recent years, and this has provided an excellent opportunity to invest in this sector.
- Security and stability: Northern Cyprus is a safe and stable country with a very low crime rate. This has made this country an ideal place to live, work and invest.
- Pleasant climate: Northern Cyprus enjoys a pleasant Mediterranean climate with warm summers and mild winters. This climate is ideal for vacationing as well as permanent living.
- Warm and hospitable people: The people of Northern Cyprus are known for their warmth and hospitality. This makes foreign investors feel more comfortable and secure in this country.
Advantages of investing in North Cyprus:
Significant cost savings: The price of a house in Cyprus in Tomans is significantly lower than the price of a house in other European countries and even Iran. For example, you can buy a luxury villa in North Cyprus with the money you pay to buy a small apartment in Tehran.
High profitability: Investing in North Cyprus can bring you high profitability. Housing prices in this country have been steadily increasing in recent years, and this trend is expected to continue in the coming years.
Obtaining permanent residence: By investing in North Cyprus, you can obtain permanent residence in this country. Permanent residence in Northern Cyprus allows you to travel, work and study freely in this country.
Access to global markets: Northern Cyprus, as an observer member of the European Union, has many advantages, including access to the markets of this union. This provides unique business opportunities for investors in this country.
Get low interest loans: The government of Northern Cyprus offers low interest loans to foreign investors. This will help you achieve your goals with less investment.
Simplicity of the investment process: The investment process in North Cyprus is very simple and easy. You can easily invest in this country by going through legal procedures and with the help of experienced advisors.
VAT Exemption: Property buyers in Northern Cyprus are exempt from VAT. This makes the cost of buying property in this country significantly lower.
The possibility of obtaining citizenship: by investing in North Cyprus and meeting the necessary conditions, you can obtain the citizenship of this country. Northern Cyprus citizenship allows you to enjoy all the rights and benefits of the citizens of this country.
Comparison of housing prices in North Cyprus and the United States:
As we mentioned in the previous sections, house prices in Cyprus are significantly lower in Tomans than house prices in the United States. To provide a more accurate picture of this issue, we will compare housing prices in Nicosia (the capital of Northern Cyprus) and New York (the largest city in the United States):
- Property Type Nicosia (Northern Cyprus) New York (United States)
- 100-meter apartment, 500 million tomans, 2 billion tomans
- Villa house 200 meters 1 billion tomans 4 billion tomans
- Land of 1000 meters, 200 million tomans, 1 billion tomans
As you can see, housing prices in Northern Cyprus are significantly lower than housing prices in the United States. For example, the price of a 100 square meter apartment in Nicosia is about 4 times cheaper than the price of a similar apartment in New York.
Several factors are involved in this price difference, including: living expenses
Gay: In general, the cost of living in North Cyprus is significantly lower than the cost of living in the United States. This includes things like housing, food, transportation and other living expenses.
Income: In general, income levels in North Cyprus are lower than those in the United States. This is one of the main reasons for lower housing prices in Northern Cyprus.
Supply and Demand: The demand for housing in North Cyprus is not as high as the demand for housing in the United States. This is due to various factors, including the smaller population of Northern Cyprus, as well as the existing restrictions in the field of tourism in this country. Considering the above, investing in North Cyprus can be a great opportunity to buy property at a much lower price than housing in the United States.
How to invest in North Cyprus?
If you intend to invest in North Cyprus, you can do it in different ways. The most common investment methods in this country are:
Buying property: Buying property in North Cyprus is one of the most popular investment methods in this country. You can invest in this country by buying an apartment, villa, land or any other type of property.
Company registration: You can invest in this country by registering a company in North Cyprus. Registering a company in this country brings you many benefits, including tax exemptions, the possibility of obtaining residency, and access to global markets.
Starting a business: You can invest in the country by starting a business in North Cyprus. Due to its favorable geographical and economic location, Northern Cyprus offers you the right opportunities to start different businesses.
Why choose Kargar Consulting and Investment Company?
Kargar Consulting and Investment Company, with more than 14 years of brilliant experience in the field of investment in North Cyprus and having 18 active branches in Iran, Turkey and North Cyprus, is the best choice for you to invest in this country.
By providing comprehensive and complete services in all stages of investment in North Cyprus, we will put your mind at ease for any worries.
Some of the advantages of choosing a consulting and investment company are:
- Brilliant history: 14 years of brilliant history in the field of investment in North Cyprus, shows our experience and expertise in this field.
- Wide network: 18 active branches in Iran, Turkey and Northern Cyprus provide you with easy access to our services.
- Experienced experts: Our experienced team consists of experts and lawyers with expertise in the field of investment in North Cyprus.
- Comprehensive services: We provide you with all the services you need in the field of investment in North Cyprus, including consulting,
- visa acquisition, property purchase, company registration and business start-up.
- Reasonable prices: We offer you our services with the best prices and conditions.
- Customer satisfaction: Your satisfaction with our services is our most important goal.
last word
As an ideal investment destination, North Cyprus welcomes investors from all over the world with open arms. This country, with its strategic geographical location, low cost of living, stable economic growth, attractive tax exemptions, high investment potential in real estate, security and stability, pleasant climate, warm and hospitable people, and high standard of living, is an opportunity. Unparalleled for safe and profitable investment offers you.
Investing in North Cyprus can bring you many benefits, including significant cost savings, high profitability, obtaining permanent residency, access to global markets, and a high standard of living.
We look forward to helping you invest in North Cyprus.