High Income Residency Costs Question

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waddo
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High Income Residency Costs Question

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Post by waddo »

Please note that the question only refers to "High Income" (Renters/Leasers) WHO ARE OVER 60 AND HAVE PENSIONS and NOT to Property Owners - asking this question because every response I have found appears to only refer to those with Property. Sorry to be so exact.

Has anyone on the High Income residency bracket applied for and been granted a two year renewal in the last month or two?

If so can you please let me know - A) What was the total cost of the residency per person? B) What was the total cost of the Health Insurance per person?

The only new information I have is the cost of the Muhtar letter for Catalkoy has risen from 20TL two years ago to 100TL as of yesterday.

Thanks in advance for any further information. Eagerly (kind of) awaiting our Police Appointment on the 13th of September - lol.
Last edited by waddo on Tue 20 Aug 2024 10:18 am, edited 1 time in total.
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Re: High Income Residency Costs Question

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Post by benjaminbutton »

Hope the temperature drops for you.

At least your information re yourselves is right. We are property owners for last 20+ years and the last three have been classed as High Income. Visits to Police etc to no avail.

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Re: High Income Residency Costs Question

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Post by kedikat2903 »

3368,70 tl. For 2 years . 6785,20 tl for 2 years health insurance. Done in July this year

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Re: High Income Residency Costs Question

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Post by benjaminbutton »

Can you buy by UK card, I don't have a sou in this country, removed it all about two years ago.

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Re: High Income Residency Costs Question

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Post by waddo »

kedikat2903, Many thanks for the information. I was begining to think we were the only High Income residency paying people left in the TRNC - LOL. With a Police interview on the 13th of September and a minimum raise due that month I guess our bill will be higher than yours. Looking forward to when the Government live up to their promise of residency exemption at a cost of 38.40tl the same as property owners - won’t hold my breath for that mind you!
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Re: High Income Residency Costs Question

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Post by alphamike »

benjaminbutton wrote:
Wed 21 Aug 2024 8:07 am
Can you buy by UK card, I don't have a sou in this country, removed it all about two years ago.
Yes you can. I paid for both not so long ago with UK card, even health insurance which used to be local card only.

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Re: High Income Residency Costs Question

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Post by alphamike »

waddo wrote:
Wed 21 Aug 2024 8:23 am
Looking forward to when the Government live up to their promise of residency exemption at a cost of 38.40tl the same as property owners - won’t hold my breath for that mind you!
I wish so too Waddo, as it looks like you need Kocan for the exemption, and I cannot see any way of me getting that by January when current 6 month residency, which I got in July, runs out.

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Re: High Income Residency Costs Question

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Post by waddo »

alphamike, the promise was for High Incomes first, then they added the new law for property owners to it. Surprise, they did not know how many property owners had no Kocan and when it became clear, they smelt a lot of money to be made from property owners and passed that part of the law fast! In the normal manner of things here, they never thought about how much work for themselves that would generate and little extra staff to deal with it, end result is a gradual slow down in the property owners part and a total halt to passing the High Incomes law as well! Although it would be nice to only have to pay 38.40 tl for exemption and it is a bit galling to have to continue down the old residency route and end up paying 20,000tl plus for 2 years, I think the property owners problems need to be sorted out first myself. They have, potentially much more to lose and need the help even if, for some of them, their position is of their own making.
There will be another surprise on the way I feel when the Government find out just how many people rent/lease here. Watch and see what happens next I guess.
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Re: High Income Residency Costs Question

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Post by Mowgli597 »

Another “high income” long-term (10 year +) renter here with the same question as the OP (although now following at least two minimum wage increases and, I believe, a huge jump in the fees themselves.)

Does anyone have the current rates for health insurance and cost of residency (two years 🤞) per person?

And how long is it taking for a police appointment nowadays? We’re on a 30-day visitor visa so may need to get that increased.

Unfortunately we missed our renewal in November last due to being unable to travel because of an accident. Since we weren’t in the country I don’t think we’re liable for any penalty charges (again 🤞).

TIA

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Re: High Income Residency Costs Question

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Post by waddo »

Mowgli597, Can’t really help BUT my TC friend who deals with peoples residency problems (as part of his business) has told me that (Surprise) things are changing again next month to make it easier for renters! He will know the full story by the 15th which may be too late for you, sorry! Best I can come up with, good luck.
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Re: High Income Residency Costs Question

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Post by Dalartokat »

For landlords and renters as from 1st July 2026 changes in how payments to be made....hope you can open this as it's from Instagram
Click on bottom to listen....https://www.instagram.com/reels/DT2zwBCiOZ5/
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Re: High Income Residency Costs Question

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Post by waddo »

I foresee lots of landlords reducing rents two weekly payments in cash?
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Re: High Income Residency Costs Question

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Post by Reyntj »

??? This is for greek side...but the bank payments came in here from 1 st jan 2025...over 1 year ago

2 weeks payments in cash ?what are you talking about ?zero rationale

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Re: High Income Residency Costs Question

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Post by steveodp »

Mowgli597 wrote:
Mon 30 Mar 2026 7:20 am
Another “high income” long-term (10 year +) renter here with the same question as the OP (although now following at least two minimum wage increases and, I believe, a huge jump in the fees themselves.)

Does anyone have the current rates for health insurance and cost of residency (two years 🤞) per person?

And how long is it taking for a police appointment nowadays? We’re on a 30-day visitor visa so may need to get that increased.

Unfortunately we missed our renewal in November last due to being unable to travel because of an accident. Since we weren’t in the country I don’t think we’re liable for any penalty charges (again 🤞).

TIA

Girne poliçe appointments are only taking a couple of weeks now. Once you start the residency process and have a police appointment you no longer need to worry about your 30 day visa, you are legally here unless you miss the appointment.

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Re: High Income Residency Costs Question

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Post by Mowgli597 »

steveodp wrote:
Tue 31 Mar 2026 4:56 am

Girne poliçe appointments are only taking a couple of weeks now. Once you start the residency process and have a police appointment you no longer need to worry about your 30 day visa, you are legally here unless you miss the appointment.
Thanks for that.

Whenever we get through the process I’ll post the costs. The question about them was to ensure that we had sufficient funds (preload) in a local credit card but an earlier post said that all cards are now accepted for each payment.

We’ll see!

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