Northern Cyprus is a state in the northern part of the island that is recognized by Turkey alone. The country is an associate member of the Organization for Islamic Cooperation.
The economy of Northern Cyprus is based on the service industry. There is also some agriculture and consumer goods industry in the country.
The service industry is well developed in the jurisdiction: there are private schools, universities, medical clinics, and so on. Houses are erected in Northern Cyprus and sold to both local and foreign investors.
All the trade goes via Turkey. The currencies in circulation in the country are the Turkish lira, the euro, the US dollar, and the British pound.
It is also a popular tourist destination and tourists come there not only from Turkey but from European countries too.
If you have questions about Northern Cyprus, please ask them by writing to email@example.com.
I. All products and services in Northern Cyprus
We will be happy to assist you in opening a bank account in Northern Cyprus, registering a company there and buying some real estate. In this section, we describe the services available in this jurisdiction.
II. Banks and banking industry in Northern Cyprus
Even though the economy of Northern Cyprus largely depends on Turkey, there are local and international banks there that offer high-level services to clients from all around the globe. Bank accounts can be opened remotely in Northern Cyprus and a large number of people from the USA, Great Britain, Russia, and many other countries use this opportunity.
III. Business and company registration in Northern Cyprus
Each jurisdiction where you can register a company offers its own unique advantages. A company domiciled in Northern Cyprus can be an inventive way of entering the Turkish market or organizing trade operations in the region. Please read about company registration in Northern Cyprus in this section.
IV. Investments into real estate in Northern Cyprus
What property in Northern Cyprus can be an interesting investment object? What benefits can this investment bring? Please find the answers in this section.