1 $ 1.5253 YTL
1 € 2.0827 YTL
Insurance
Property and Contents
Once you have taken possession of your property in North Cyprus you will be responsible for insuring the building and contents if you have them. We strongly advise you to take insurance and are able to arrange valuations and insurance for you.
Car Insurance
To hire a car in North Cyprus you need to have a valid driving license and be over the age of 25. This is not a set age limit, however, it is observed by most car hire companies. If you have any queries, special requirements or would like us to arrange car hire for you please don’t hesitate to contact our team at info@noktaestates.com
Health Insurance
There are quite a number of health insurance plans available in North Cyprus from both local and overseas providers. Cover provided and premiums payable will depend on age, type and extent of cover required and any pre existing conditions. It is wise to spend some time and effort in selecting your health insurer to get the correct benefit for the least cost. Please contact our team for further information at: info@noktaestates.com
Life Insurance
There are many types of life and protection policies available from policies protecting your families to policies protecting your mortgage and investments. We work with professional companies who will guide and advise you through all of your financial planning and plans for your future. Please contact our team for further information at: info@noktaestates.com
Wills
It is strongly advisable that you make a will for your property and estate in North Cyprus. When you live in a foreign country where the laws on inheritance can differ widely from the UK it is important to follow a few simple rules to make life easier for your dependents.
- If you have assets in a foreign country make sure you have a local will.
- If you have assets in the UK make sure you have a UK will.
- Make sure your will is up to date.
- Let your dependents know the location of your will.
Nokta Note: A little careful planning can save a considerable amount of time, money and stress in the future.