Tax Rates for Purchasing Property in Northern Cyprus
As in any other country, when acquiring property, the buyer is required to pay a series of fees to the state.
Property Purchase Taxes in Northern Cyprus
The total tax amount, excluding fees, is 17.5%. This includes the following contributions:
- 0.5% stamp duty
- 6% land registry fee
- 5% VAT
- 6% title transfer fee
Frequently Asked Questions
In what order are property purchase taxes paid?
First, the stamp duty and land registry fees are paid, then VAT, and finally the title transfer fee. More details are available in our tax breakdown for property purchases.
Where can I find contact information for the Northern Cyprus tax offices?
On this page, you will find general information about the TRNC tax service as well as contact details for all regional offices.
What else is needed for the property registration process in Northern Cyprus?
We’ve described the step-by-step property registration process in the TRNC here. In short: Signing the sale contract, registering it with the tax and land registry offices (TAPU), applying for permission, and transferring the title.
Follow our Instagram and Telegram channel to stay updated on the latest property news in Northern Cyprus!
Vadim Chernyakov
I have been working in the Northern Cyprus real estate market for 11 years. During this time, I have built one of the largest databases of secondary properties on the island. My experience and deep expertise allow me to find optimal solutions for clients, support transactions at every stage, and ensure transparency and security throughout the process.
Phone
+905338824055
Book a call
Leave a request and receive expert assistance from our specialist.
Author
Born and raised in Yekaterinburg, visited more than 40 countries, lived in the USA for some time, and in 2022, moved to Cyprus. Education: Ural State University (now Ural Federal University), Faculty of Political Science and Sociology. Professional Experience: Since 2008, worked in the fields of…
You may also be interested in:
- What is the process for registering property in Northern Cyprus?
- What taxes should be paid when purchasing real estate in Northern Cyprus?
- Understanding Sales Agreements in Northern Cyprus: What You Need to Know
- What to Do After Receiving Permission to Purchase Property in Northern Cyprus?
- What to do if the title is not divided or the installment has not yet been paid off?