Financial requirements for 1 year residency ?
Moderators: PoshinDevon, Soner, Dragon
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- Kibkommer
- Posts: 3
- Joined: Fri 17 Nov 2023 3:37 pm
Financial requirements for 1 year residency ?
What are the requirements for 1 years residence if you rent in terms of monthly income or savings ?
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- Kibkommer
- Posts: 1234
- Joined: Mon 05 Oct 2015 6:38 pm
Re: Financial requirements for 1 year residency ?
For renting in North Cyprus, you generally need to prove that you can financially support yourself during your stay. This usually means showing either a monthly income of around 1,000 to 1,500 GBP (depending on the area) or savings of at least 12,000 to 15,000 GBP. It’s a good idea to have official proof like bank statements or a letter from your employer. Check with local authorities or your landlord for specifics since requirements can vary.
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- Kibkommer
- Posts: 1635
- Joined: Fri 13 Apr 2012 3:26 pm
Re: Financial requirements for 1 year residency ?
the minimum wage, effective from 01/01/2025,
- Hourly: 250.78 TL
- Daily: 2,006.26 TL
- Weekly: 10,031.30 TL
- Monthly: 43,469.00 TL
Criteria is generally based on the minimum wage
- Hourly: 250.78 TL
- Daily: 2,006.26 TL
- Weekly: 10,031.30 TL
- Monthly: 43,469.00 TL
Criteria is generally based on the minimum wage