Turkey Monitoring Property Sales in TRNC to Foreigners

North Cyprus News - Long Beach - Yeni Iskele

Wednesday, 22 November 2023 The Turkish Ministry of Foreign Affairs and the National Intelligence Organisation (MİT) are reported to be monitoring the purchasing of property in North Cyprus by foreigners, including British, Israeli, and Iranian citizens, Yeniduzen reports.  According to a news article in Turkish daily ‘Milliyet’, during the committee discussions on the budget for […]

Draft Law to Combat Money Laundering Under Discussion

money-laundering

Wednesday, 22 November 2023 A law to combat money laundering, which is said to be on the rise in North Cyprus, is being discussed by a parliamentary committee, Yeniduzen reports. There have been allegations that sales of immovable property for the purpose of money laundering are on the rise in North Cyprus. An article published […]