Tatar “Embarrassed” by Property Scams

Cyprus-News-PM-Ersin-Tatar-Vizyon-2035

Prime Minister Ersin Tatar said that he is working to help the British residents who purchased homes in Lapta for £200,000 but have suffered a great injustice and are facing eviction. Speaking at the promotion of Vision 2035 at the Merit Hotel in Nicosia, Tatar harshly criticized the methods used in property sales in North […]

Erdogan Ratifies Financial Protocol With TRNC

North Cyprus News - Turkish Lira

The economic protocol, signed on July 20, 2019, between Turkish Vice President Fuat Oktay and Prime Minister Ersin Tatar, was ratified by Turkish President Recep Tayyip Erdogan on January 30, 2020. The ratification was published in the official Turkish newspaper, including an amendment, which contained some details of the use of funds. According to the […]

Wide-ranging Tax Increases Coming

Cyprus-News-Tax

Extra taxes ranging from 10 to 60 percent on the value of real estate in the categories of home, workplace and land are being prepared by the coalition government under a bill amending the property tax law. It was reported that 15 percent of the collected property taxes will be used by the Immovable Property […]