Risks of investing in North Cyprus for Iranians

According to the international group Tasnim news agency, these days in virtual space, social networks and many From internet sites, there are widespread advertisements to encourage Iranians to invest in North Cyprus.

In these messages, colorful promises are made about the benefits of studying, living and investing in Cyprus. Interestingly, the fraudsters encourage their Iranian compatriots to buy property in the Turkish part of the island of Cyprus with British pounds, and before it’s too late and everything is gone, to buy apartments and villas, and not to let their heads go bare.

The interesting point here is that, firstly, the price of property in the Turkish-occupied part of Cyprus is even more expensive than in Iran, and secondly, many towers and apartments whose advertising photos are for sale are not a photo of a The real and built space, but a software and “3D” image that is supposed to be built in the future.

These companies encourage Iranians to visit Turkish Cypriot properties at the expense of the company. Fly to the island and see everything with your own eyes, but if no property catches your eye, you will have to pay for the flight and hotel stay from Mubarak’s pocket!

In this report, we are going to take a look at the invalid and false content of some Internet sites and talk about which of the dimensions and parts of the information contained in these sites do not correspond to reality and what risks there are in the way of investing in Turkish Cyprus.

Hurry up and become a citizen of Europe at a low cost!
An immigration expert in several different environments of cyberspace, announced that in Turkish Cyprus, there are golden opportunities and There is value in investing and Iranians should not miss this opportunity.

We ask him: Isn’t Turkish Cyprus an unofficial political entity? “No,” he replies. It will soon become a member of the European Union and it has progressed greatly in these few years!

We ask again: “South Cyprus or the Republic of Cyprus is a member of the European Union. Why is Turkish Cyprus not a member?” He replies: “These are rumors and Southern Cyprus will never become a member of the European Union, but Turkish Cyprus will soon!” One year left until Turkish Cyprus officially becomes a member of the European Union!

We visit other sites and environments and see that many fraud and immigration companies repeat the same false information and claim that Cyprus will soon become a member of the European Union and the best place to buy property. And it is investment!

This is despite the fact that currently, apart from Turkey, none of the countries and international organizations recognize the entity called Turkish Cyprus and the claim of joining this region to The European Union is a lie.

br/> In 1974, after serious differences between the Turks and the Romans under the support of the Greek government on the island of Cyprus, the Greek army entered the battle in full force, and the Turkish government also sent 40,000 marines and army paratroopers. , took an action that became one of the important turning points in the history of relations between Turkey and the Western world.

The United States sanctioned Turkey because of this action, and great differences arose between Athens and Ankara. However, since that year, nearly 60,000 Turkish army and police forces are always present in the Turkish-inhabited part of Cyprus, and Turkey knows this area as the “Turkish Republic of Northern Cyprus”.

From the point of view of international law and international relations, the presence of Turkish military and law enforcement forces in the Turkish part of Cyprus is an occupying presence and the Autonomous Republic of Northern Cyprus has no formality and legitimacy in the world. But South Cyprus, or what is known in the world as the Republic of Cyprus, is both a member of the United Nations and a member of the European Union, and its currency is the Euro. Cyprus became a member of the European Union in 2004. And its currency, which was the Cypriot pound, was changed to the euro.

One of the sites that encourages Iranians to take their wealth and life savings to Cyprus, claims that “Citizens of Northern Cyprus who were sent to Cyprus by Turkey Recognized, it may not be an advantage at the international level at the moment, but it is still important in terms of creating a business, investing and having a more comfortable life in the country”. , claimed that “drilling, extraction and export of oil and gas can directly and indirectly create thousands of new jobs in Northern Cyprus”. Meanwhile, a small Turkish drilling ship with 10 workers started exploration and drilling on the coast of Turkish Cyprus and was forced to stop its work and return to Turkey due to the protest of Cyprus, Greece and the European Union!

The difference in housing prices in Tehran and Turkish Cyprus
Fraud and immigration sites have claimed: “Economic growth in the country North Cyprus, due to its fledgling nature and small population, as well as very favorable and low tax conditions, provides foreign investors with a very good opportunity to invest in North Cyprus”. It contains false and seductive information: “By investing in North Cyprus, you will obtain permanent residence in this country for yourself and your family. You will also be able to live and study freely in Cyprus. One of the most common and popular investment methods in North Cyprus is buying property in this country. For this purpose, the house you buy must have a minimum value of 6 billion Tomans”. /Tasnim/Uploaded/Image/1403/01/19/1403011910323249029765644.jpeg”/>
It is interesting that Iranians need 6 billion tomans to buy a small one-bedroom apartment on an unofficial island without international rights. spend! Of course, this money must be paid in British pounds! The cost of half a percent of the management tax of Turkish Cyprus, the tax and the heavy cost of the intermediary company selling the property is a significant amount, which will be 6 billion tomans.

Regarding the purchase of a villa, the price floor in Turkish Cyprus is from 24 A billion tomans starts! Who doesn’t know that with 24 billion tomans you can either buy a villa in Tehran or a villa with a large garden in the north!

In the continuation of the false advertisement, it is stated: “One of the factors that make buying a property in Northern Cyprus a capital makes it a safe and profitable investment in this country, this is the fact that due to the economic growth of Northern Cyprus, property prices grow between 15-20% every year!

Everyone knows that with the amount of 6 billion Tomans, in the middle and good neighborhoods of Tehran, you can buy a newly built and acceptable 65-meter apartment, and besides, the annual growth of property prices in Iran is much higher than the 20% promised by the Turkish Cypriots!

Groups Another fraud and immigration company has encouraged Iranians to invest in Turkish Cyprus and wrote: “If a person intends to invest in North Cyprus through the purchase of bonds, the amount of 500,000 euros should be invested in this field. to put With this method, it is possible to get a residence in Northern Cyprus, but do not forget that this capital must remain in the bonds of Northern Cyprus for 3 years in order to obtain permanent residence through it. First, the investor and his family are given temporary residence and after three years it becomes permanent residence”. In Iran, he easily started an industrial, commercial company, or a large production and animal husbandry unit, and soon saw its economic fruits. Someone who has such money, why should he hand it over to an unofficial government?!

Iran-Cyprus relations and legal umbrella >
Iran’s embassy is also located in the city of Nicosia in southern Cyprus, which was opened in 1988. In the past years, Iran has always supported the sovereignty of the Republic of Cyprus.

One of the important actions of the embassies and consulates of the Islamic Republic of Iran in different countries is to defend the rights of Iranians who, in the course of a legal, official and transparent transaction in The countries of the world do business.

If a problem occurs for this category of Iranian citizens, the embassy supports him significantly and effectively and asks the government of the host country to protect the rights of that citizen.

But under two conditions: firstly, that Iran has an embassy or consulate in that country, and secondly, that the citizen in question has carried out financial activities in a completely legal, open and legal process, but from Since Iran has not recognized a unit called Turkish Cyprus, there is no clear solution for people who have legal problems in this region.

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