Short term rental license & tax
Posted: Sat 27 Sep 2025 7:45 am
https://haberkibris.com/aktunc-haksiz-r ... 09-26.html#
Been talked about by the powers in charge here for some time. Now looks imminent. The big players in charge running this ie hotels.
If its anything like turkey imposed its will be brutal..
Some properties impossible to get a license a 20 % kdv charge a tourist tax then any left taxed as income...
They dont want all these foreigners who bought flats in iskele to be making any money..it will be another huge kick in teeth for the propery market and developers...
Ive purposely steered clear of short lets because of this its hard enough without kdv & licensing...the hotels have rooms to fill...if you check out some of the low prices offered its unlikely many are paying taxes but thats their business. Seems their number is up...i think for many they will throw the towel in. No details of taxes or license criteria as its still being debated. My guess as the country has a deficit anything that raises taxes will be pushed through quickly.
Been talked about by the powers in charge here for some time. Now looks imminent. The big players in charge running this ie hotels.
If its anything like turkey imposed its will be brutal..
Some properties impossible to get a license a 20 % kdv charge a tourist tax then any left taxed as income...
They dont want all these foreigners who bought flats in iskele to be making any money..it will be another huge kick in teeth for the propery market and developers...
Ive purposely steered clear of short lets because of this its hard enough without kdv & licensing...the hotels have rooms to fill...if you check out some of the low prices offered its unlikely many are paying taxes but thats their business. Seems their number is up...i think for many they will throw the towel in. No details of taxes or license criteria as its still being debated. My guess as the country has a deficit anything that raises taxes will be pushed through quickly.