Financial requirements for 1 year residency ?

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Cocofllanel
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Financial requirements for 1 year residency ?

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Post by Cocofllanel »

What are the requirements for 1 years residence if you rent in terms of monthly income or savings ?

kerry 6138
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Re: Financial requirements for 1 year residency ?

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Post by kerry 6138 »


suecheshireuk

Re: Financial requirements for 1 year residency ?

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Post by suecheshireuk »

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.

snd1966
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Re: Financial requirements for 1 year residency ?

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Post by snd1966 »

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

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