Executive Summary North Cyprus faces a range of monetary challenges stemming from its limited recognition, reliance on foreign currencies (primarily the Turkish lira), and restricted access to global financial systems. A Central Bank Digital Currency (CBDC) could offer a strategic tool to enhance monetary sovereignty, boost financial inclusion, modernize the payments system, and increase economic resilience. This white paper outlines the potential benefits, considerations, an

Executive Summary In an age of constant digital stimulation and increasing urban noise, writers and artists are actively seeking serene, affordable, and inspiring places to focus and create. North Cyprus, with its Mediterranean charm, cultural depth, and unspoiled landscapes, offers the perfect backdrop for artistic retreats. This paper explores the reasons North Cyprus is uniquely positioned to become a leading hub for creative residencies and individual artistic escape. Int

North Cyprus is an increasingly popular destination for weddings, and for good reason—it combines natural beauty, affordability, and unique charm. Here's a breakdown of its suitability: Discover why North Cyprus is such and ideal location for a Wedding 🌞 Climate North Cyprus enjoys over 300 days of sunshine a year, making it ideal for outdoor ceremonies, beach weddings, and garden receptions. Spring and autumn offer pleasant temperatures without the intense summer heat. 🏝️

Mosques Northern Cyprus boasts a rich tapestry of Islamic architecture, with many mosques reflecting the island's diverse cultural and religious history. Several prominent mosques, originally built as Christian cathedrals during the Lusignan and Gothic periods, were later converted into mosques under Ottoman rule. Here are some notable examples: 🕌 Selimiye Mosque (Lefkoşa/Nicosia) Originally constructed as the Cathedral of Saint Sophia in the 13th century, this Gothic master

There is a rich tradition of traditional handicrafts of North Cyprus that reflect its diverse cultural heritage. Here are some of the most notable traditional crafts: 🧵  Lefkara Lace (Lefkaritika) Lefkara Lace Originating from the village of Pano Lefkara, Lefkara lace is a renowned form of embroidery dating back to at least the 14th century. Characterized by intricate geometric patterns, hemstitching, and needlepoint edgings, it is traditionally crafted in white, brown, or e

Turkey supplies electricity to Northern Cyprus primarily through undersea electricity cables , a major infrastructure project aimed at enhancing energy security and reducing dependency on expensive and polluting diesel-powered generation on the island. Electricity for North Cyprus from Türkiye - Key Details: Undersea Cable Project : A submarine power cable  is being developed between mainland Türkiye and Northern Cyprus. The cable will transmit high-voltage direct current (HV

Prime Minister Ünal Üstel has announced significant amendments to the residency rules for foreigners. Key Changes Now in Effect: Prime Minister Ünal Üstel 1. 5-Year Residence Permit for Property Owners – No Income Requirement: Foreign nationals holding a title deed (proof of property ownership) will now be granted a five-year residence permit without the need to prove income equivalent to the minimum wage. 2. Extended Residence Permits for Contract Buyers: Foreigners who pre

Car Hire in North Cyprus Hiring a car is undoubtedly the best way to see all that Northern Cyprus has to offer. It allows you to set your own timetable and go exactly where you want and when you want. Travel the scenic coastal routes from the farthest point west, all the way to the tip of the Karpaz Peninsula in the east. A journey that isn’t possible on public transport. Drive the mountain routes, take in the spectacular scenery or have a picnic under scented pines. See all

Executive Summary As the global workforce becomes increasingly location-independent, destinations that offer a blend of infrastructure, lifestyle, and affordability are emerging as digital nomad hubs. North Cyprus—blessed with natural beauty, strategic location, and low living costs—is uniquely positioned to benefit from this trend. This white paper outlines the key advantages North Cyprus offers to digital nomads and highlights how businesses, governments, and communities ca

The Case for Adopting the Name "Kıbrıs" - Introduction North Cyprus, officially known as the Turkish Republic of Northern Cyprus (TRNC), has long faced political and economic challenges due to its lack of international recognition. As global perception plays a crucial role in tourism, investment, and diplomacy, a strategic rebranding of its name to "Kıbrıs"—the Turkish name for Cyprus—could provide significant benefits in multiple areas. This paper outlines the advantages of

Executive Summary As China advances its global leadership under the principles of sovereignty, peaceful development, and strategic autonomy, the time is ripe for a reassessment of its policy toward Cyprus. Recognizing the Turkish Republic of Northern Cyprus (TRNC) aligns with China’s long-term foreign policy objectives: supporting multipolarity, countering Western hegemony, expanding Belt and Road Initiative (BRI) partnerships, and ensuring regional stability in the Eastern M

US Recognition of TRNC - Executive Summary The Turkish Republic of Northern Cyprus (TRNC) has functioned as a de facto independent state for over four decades. The United States, a global leader in advocating for democratic values and regional stability, should reassess its Cyprus policy and consider recognizing the TRNC. Recognition would not only validate political realities on the ground but would also serve American strategic interests in the Eastern Mediterranean, uphold

UK Recognition of TRNC - Executive Summary This white paper proposes that the United Kingdom officially recognize the Turkish Republic of Northern Cyprus (TRNC) as an independent state. Recognition would not only bring diplomatic clarity to a long-standing geopolitical issue but would also benefit the UK strategically, economically, and morally. The failure of reunification efforts, ongoing embargoes harming ordinary Turkish Cypriots, and evolving global geopolitics demand a

Why Retire in North Cyprus - Executive Summary With its warm climate, low cost of living, high safety standards, and welcoming culture, North Cyprus  is becoming one of the most desirable retirement destinations in the Mediterranean. This white paper explores why more retirees from the UK, Europe, and beyond are choosing North Cyprus to enjoy a relaxed and fulfilling lifestyle. Why Retire in North Cyprus: A Mediterranean Haven for Expats 1. Introduction As global retirees see

Introduction The longstanding division of Cyprus has created political, economic, and social challenges for both Greek Cypriots and Turkish Cypriots. While Greece has historically aligned itself with the Republic of Cyprus, recognizing the Turkish Republic of Northern Cyprus (TRNC) could offer substantial benefits. This paper outlines the strategic advantages of Greek recognition of North Cyprus, exploring economic growth, diplomatic opportunities, and regional stability. Eco

The casino industry in Northern Cyprus  is a significant and lucrative sector  of the region’s economy. Despite the territory's limited international recognition, its casinos have flourished, attracting visitors primarily from Turkey, the Middle East, and some parts of Europe . Here's a breakdown of the industry: Casino Industry in North Cyprus 🎰 Casino Industry in North Cyprus - Overview Casinos are legal  and widely operated in Northern Cyprus. The industry began growing i

Why Overseas Students Should Choose North Cyprus - Executive Summary North Cyprus is rapidly emerging as a top destination for international students seeking quality education, affordable living, and a multicultural environment. With its globally recognized universities, English-taught programs, and safe, student-friendly atmosphere, North Cyprus offers a compelling alternative to traditional Western education hubs. 1. Introduction Higher education is a major life decision, a

Executive Summary North Cyprus, with its unique geopolitical situation and limited access to global financial systems, faces challenges in trade, banking, and financial inclusion. A Central Bank Digital Currency (CBDC)  could provide a transformative opportunity—modernizing its financial system, enhancing transparency, and supporting sustainable economic growth. This white paper outlines the key benefits, potential use cases, and implementation considerations of introducing a

Year Inflation Rate (%) Notes 2015 7.67 Stable inflation amid moderate growth. 2016 7.78 Slight increase due to political uncertainty. 2017 11.14 Double-digit inflation returns after several years. 2018 16.33 Currency crisis leads to sharp price increases. 2019 15.18 Inflation remains high despite policy measures. 2020 12.28 Pandemic-related disruptions impact prices. 2021 19.60 Monetary easing contributes to rising inflation. 2022 72.31 Inflation surges amid currency depreci

Executive Summary North Cyprus is a hidden gem in the Mediterranean, offering pristine beaches, rich cultural heritage, and a warm climate. However, due to political complexities and limited global recognition, the region faces challenges in attracting international tourists. This white paper outlines strategic approaches to enhance North Cyprus tourism, leveraging digital marketing, infrastructure development, and sustainable tourism initiatives. 1. Strengthening Digital Pre