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Selling land to foreigners in Israel: a complex issue

Selling land to foreigners in Israel: a complex issue

Selling land to foreigners in Israel: a complex issue

The SABAH newspaper in Lefkosha, Turkish Republic of Northern Cyprus, explored Israel's latent interest in the ACPD on the basis of its capital, taking on two manchas over two days, and causing a huge backlash both in Turkey and in the homeland.

Factually, Israel's interest in Cyprus goes back a long way. Historians of Judaism emphasize that these lands are within the so-called Promised Lands. When the topic is so deep, I thought it was necessary to do more research to learn the basics of this issue from the most authoritative sources. It is an extremely complex situation.

1. The governing bodies of the Turkish Republic of Northern Cyprus are very sensitive...

Legal reforms are on the agenda.

2.''Our Ministry of Foreign Affairs... Our ambassador in Lefkosh...' Other stakeholders are not sleeping.... They are closely watching developments.

With regard to this topic... both the TPCC and Turkey.... They have a foresight for the future.... Plan A... Plan B... Plan C. Despite all this... The theme... It's not at all simple. It's so complicated. We think it will cause headaches for a very long time. Because the problem is very deep. И... Israel's collapse... Restricting the purchase of land/real estate to Israeli citizens in Cyprus is not as easy as it seems.

AISBERG

We spoke with the President of the Turkish Republic of Northern Cyprus, Ersin Tatar. We met with our ambassador Prof. Dr. Metin Feyzioglu in Lefkoşa. We listened''Representatives of the construction industry... Real estate agents... Topic... Very important for the medium to long term future of Cyprus. What has been talked and written about in recent days is only the visible part of the iceberg.

ERSIN TATAR: "WE ARE AN INDEPENDENT STATE "

President Tatar is resolute ... His position is very clear... On all platforms he raises his voice, saying: We will not allow anything that is against the interests of the Turkish Republic of Northern Cyprus ... We will not turn a blind eye to it. Where necessary, we will take countermeasures.... And we will. We are working on a new legislative amendment to change the law regarding the purchase of land by foreigners. We are closely following what is being written about Israelis buying'. 'Cyprus... There is a problem that the secret state watching knows, but which no one brings up for discussion. The problem being discussed and debated today is "the purchase of land and apartments by Israelis in Cyprus". New laws will be passed. There will be some restrictions... Prohibitions. But there is a very important problem that is not discussed out loud: the buyers are not only Jewish citizens of Israel. There are many Jews everywhere... Israelis in Russia... From Poland, Ukraine, Lebanon... From other countries Jews... They also buy land/real estate. But that's not all... There are also Jews, citizens of the Republic of Turkey... Who can prevent them from buying land/real estate in Cyprus? The North Cyprus Directorate... The Turkish state... They know about it... But it's complicated''topic... It's not discussed openly, out loud.

Real Estate MarketG/h3>

Websites... Construction projects... Everywhere on the island... Airport ... Real Estate Advertising. Prices...

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In pounds sterling. Minimum price... 1+1... In Girne... Around £90,000 to £100,000... Around 3.5 million lire. In Lefkoş... Prices are a bit lower. In Famagusta... Prices are rising... In Iskeli district... A 1+1 apartment... Around 120-130 thousand pounds... About 4 million liras. If you need 3+1, the price exceeds 10 million liras.... If you can see the sea... And especially if it's close to the sea... The price goes up even more. The buyer... Like the United Nations... From any country.

SECRET

The most senior officials... They're talking based on official figures. We've also looked''on official statistics...' Yes... Apparently, there is no cause for concern. But, besides official statistics, there is also unofficial data. What kind of data are these? No one knows the answer to that question. Let me summarize the problem: the purchase of land and real estate by foreigners in Cyprus. In Turkey... Buying/selling of real estate is done at the cadastral chamber.... Period. In Cyprus on the other hand... Of course, you can contract a real estateagency to buy/sell real estate... It's not a cadastral plot.... But it really is. Also, in Cyprus... You can enter into a contract to buy/sell through a solicitor... It's not a cadastral record.... But still a valid document. The buyer can then go to the cadastral office.... When he feels like it... And execute''official action. In these three stages... There is no time limit... It can take many months, even years..... Doesn't matter. The buyer can rent out his property... Or sell... No problem. I mean... The state can't know how many foreigners have bought real estate. The numbers the state knows are the numbers registered in the cadastre. How many Israelis today own real estate in Cyprus? The official numbers are known. But how many people bought real estate at a construction site or a lawyer's office? How many people? The state doesn't know... Nobody knows.

Global SeminartaG/h3>

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