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Is it possible for aliens to establish a company and buy immovable property as a company?

April 26, 2017aliens buy COMPANY immovable possible Property

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Is it possible for aliens to establish a company and buy immovable property as a company?

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Limited or joint stock Companies established in foreign countries can be registered as a Foreign (or Overseas) Company to establish an office (or branch) in the TRNC, provided that the consent from the Ministry of Economy and a permit from the Board of Ministers is obtained.