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Pre-2024 contracts above the limits: notify with a fee of one per cent (three per cent if late)

Rule record · last verified 14 September 2026

Rule

While the decree is in force, a foreigner whose pre-2024 contracts exceed the acquisition limits and were not registered must notify the Ministry within the same six months, paying a fee of one per cent of the contract price; a late notification is possible on payment of three per cent.[1]

Applies to: Contracts signed before 21 May 2024

Legislation · Turkish Cypriot administration (TRNC) · Official Gazette No. 147 of 7 August 2026: Decree with force of law 89/2026 regulating the rules on acquisition of immovable property by foreigners, Article 8, new transitional Article 1(2)(B) · in force from 7 August 2026 · until 5 November 2026 · last verified 14 September 2026 · rule record

Where this rule comes from

Jurisdiction
Turkish Cypriot administration (TRNC)
authority
Council of Ministers, TRNC
Instrument
Official Gazette No. 147 of 7 August 2026: Decree with force of law 89/2026 regulating the rules on acquisition of immovable property by foreigners, Article 8, new transitional Article 1(2)(B)
Basis
Legislation · asserted by us within this jurisdiction
Verification
Primary source verified
in force from
7 August 2026
until
5 November 2026

Regulatory events

History of this rule

  • — First encoded from the primary text. (version 1, initial)

Sources for this rule

Numbered in order of first use. Each entry names the kind of source it is and the day we read it.

  1. [1]
    Official Gazette No. 147 of 7 August 2026: Decree with force of law 89/2026 regulating the rules on acquisition of immovable property by foreigners

    Official Gazette of the TRNC (State Printing Office) · Legislation and gazettes · 7 August 2026 · original in Turkish · accessed 14 September 2026 · register entry

Identifier decree-transitional-over-limit-notification-fees · Open data · challenge this rule