In the coming weeks, the Parliament of the Republic of Cyprus will consider a new bill to regulate direct foreign investments from third countries. It aims to increase transparency and security in investment transactions, including the real estate sector.
However, as the Ministry of Finance emphasizes, the new rules will not affect regular purchases of housing, commercial premises, or land plots. The law applies only to properties that are strategically important for the operation of critical infrastructure — for example, those located near power plants, military bases, water supply facilities, or communication centers.
This means that foreign investors can continue to freely purchase property in Northern Cyprus — whether apartments by the sea, villas in resort areas, or income-generating commercial spaces. The restrictions only apply to specific locations related to national security, not to private or investment purchases.
The Ministry of Finance highlights that the purpose of the new law is not to restrict business, but to strengthen investor confidence and make the market even more transparent and secure.
Thus, even with the introduction of new control mechanisms, Northern Cyprus remains a safe and promising area for foreign investments. It is a place where you can confidently acquire property for living, recreation, or generating stable income.