do you have to be retired to move to NC?
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castroger

Joined: 26/05/2008
Posts: 2
Message Posted:
26/05/2008 20:08
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Message 1 of 7 in Discussion |
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We are considering moving to NC with 3 small children. Both my husband and myself are self-employed so are not retiring and do not have a pension in place. We would have some money to invest from the sale of our house and are hoping to live off the interest and supplement this with working in the UK for a few months each year. On some websites, I have noticed conditions saying that in order to apply for residency, you must have a property, means of supporting yourself, and be retired -
Found on http://www.northcyprusonline.com/North-Cyprus-Online-Property-Residence-Permit.php
"For a Permanent Residence Permit the requirements are as follows:
By law the foreign resident has to obtain and completed a minimum of three consecutive temporary residence permits before submitting an application, which may then take a further two years before being granted.
The applicant has to have a place to live. Property ownership is required.
The applicant has to have a documented regular income.
The applicant has to be retired. "
Can anyone comment on this? ......
Cas
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Pipie

Joined: 05/01/2008
Posts: 1122
Message Posted:
26/05/2008 20:26
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Message 2 of 7 in Discussion |
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We know people who live and work in cyprus who just rent property .
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joandjelly


Joined: 24/02/2008
Posts: 629
Message Posted:
26/05/2008 21:30
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Message 4 of 7 in Discussion |
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Hi Cas
You definitely don't have to be retired to live here. My husband and I are 40/41 and we've lived here permanently for a year. You also do not have to apply for permanent residency and even if you do, you have to have 5 years worth of temporary residency stamps before you can apply. Temporary residency is renewable each year and enables you to stay here for 12 months without leaving the country (if you wish).
Jo
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castroger

Joined: 26/05/2008
Posts: 2
Message Posted:
29/05/2008 15:27
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Message 5 of 7 in Discussion |
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So does that mean you can continually be a temporary resident for as many years as you wish? Would that also mean that if my children wanted to go to uni in the UK, they would not be treated as an overseas resident if we only had temp status??
Thanks
Cas
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Littlenige


Joined: 24/12/2006
Posts: 2242
Message Posted:
29/05/2008 17:19
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Message 6 of 7 in Discussion |
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you may be treated better and have more rights in outermongolia, seriouslley you are a foreighner here no equal rights no leval playing field and if they can put you down by god( if there is one ) they will.
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cyprusishome

Joined: 31/03/2007
Posts: 924
Message Posted:
29/05/2008 17:29
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Message 7 of 7 in Discussion |
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The applicant has to be retired. "
This applies if you are brining over all yor worldy possesions to live here. To import these you have to declare that you will not be working otherwise you will obliged to pay customs duty.
A couple of things you must consider. If you intend to work for an employer you will need a work permit.
If you are going to work for yourself you are in for a nightmare. You need a bond to register business, then a degree in applied idiocy to sort out all the taxes etc that you will need to pay.
After seeing what friends have had to go through I would tell people to think several times, not just twice. As Nige says above they not only move goal posts but the whole field at the drop of a hat.
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