By Trevor Hughes……
See below the latest price increases which came into force on January 2019
MOT Dates 2019
MOT’s are now 242TL, If one day late or more it is 357TL.
Emissions test is now 30TL
Changing a name on vehicle koçan (log book)
5 to 10-year-old vehicle 360 TL
Over 10-year-old vehicle 240 TL
Removing a Name from a Log Book 1271 TL
Postage Stamps Needed 3.5 TL
500/1000 Ltr Gaz Tank Permits
The cost of the annual permit for a 500 TL Gaz tank has gone up to 586TL and the cost for an annual permit is now 65.7TL
Payment must be made each January and late payment will attract an additional monthly fine of 3% cumulative for every month it is not renewed.
If you intend selling your property and do not have an up to date permit it may prevent its sale!!!!
Temporary Residency Permits
For those whom it is mandatory to apply for this permit, or those who are 60 years or older and wish to continue renewing, the permits have risen to 223TL for six months and 448TL for a one-year permit, a two-year permit is now 897TL.
The cost of applying for a TRNC Citizenship has gone up to 1014TL.
2 YEAR 350.00 TL
3 YEAR 470.00 TL
5 YEAR 720.00 TL
10 YEAR 1195.00 TL
STUDENT 350.00 TL
LEARNER DRIVER 485.00 TL
REPLACEMENT LICENCE 175.00 TL
DRIVING INSTRUCTOR LICENCE 5 YEARS 1447.00TL
To calculate how much your next road fund licence will be, for cars under the age of 5 years multiply the number of kilo’s your vehicle weighs, times the amount per kilo. Remember, as your car in the TRNC gets older, the amount of road fund due reduces. The amount due will probably be approximately the same you paid in the previous year, confusing isn’t it?
These have also risen, six months will cost 253TL. For a one-year permit 548TL and 1528TL for a two-year permit.
These are just a few of the Government services that have risen by 30%, but the above are the increases most likely to affect our readers.
Other 30% Price Increases for Government Services.
Foreigners Work Permits
Marriage Births and Deaths
Real Estate Taxes
There are Moves afoot to increase the Annual Belediyesi Property Tax.
Because of the poor financial situation of many provinces, the elected Mayors have warned that unless the annual property tax is increased, residents will have to experience a reduction in the services they provide.
They are currently in discussion with members of Parliament to find a way to increase the tax and help them balance their books. As yet they have not released precisely how much the increase will be, but I would wage a bet the increase will be in line with the current rate of inflation, currently running at over 28%. Watch this space!!
Personal Accident Insurance
For the under 69s, Capital Insurance has relaunched their personal accident insurance. All claims made, are underwritten by them making a genuine claim much quicker to process and is more reliable for payment. Emergency treatment can be from one of the two leading hospitals in the TRNC which have facilities matching those found in first world hospitals.
For more detail contact Mary at Capital Insurance at the Alsancak branch of Capital Bank or call me (Trevor) on 0533 844 3403.
31st of January this year is the last day to have the Government approved number plates fixed to your vehicle without attracting a fine if stopped by the police.
There are no Public holidays this month.
We do a monthly news round which I send out via email and also goes on the Cyprus Scene website and Enewspaper which is free to you and will keep you up to date on the ever changing things here in the TRNC.
For any further information please email me through the contact box below.
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