Frank and Joan's Adventures in Northern Cyprus
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Our adventures in the Turkish Republic of Northern Cyprus continue....

February 19

- Sunday morning and a look at the papers:-

Anybody coming over and planning to set up a business will find a massive hike in the capital required for company start-ups. From 1st April anyone who is not a TRNC citizen starting up a new business must prove they have capital in the bank of $100,000. In addition they must pay a deposit of £10,000 dollars to the government, refundable after one month. The alternative of course is to go in with a TRNC citizen as partner, who has to

own 51% of your business. That requires a considerable degree of trust I think.

Our power station is now back in action so lets hope that we don't get too many cuts from now on. There si always of course a chance of that as the two generators remain running over capacity with not enough time for proper maintenance.

Two independant cases of Turkish Cypriots claiming property in the south have now been finalised and both have been given back the original property. Whilst the first case, that of Mr Mustapha, has been viewed as a legal landmark, lawyers on both sides where quick to point out that this was not a precedent for other cases pending, but another interesting situation nevertheless.

We obviously get many readers of this website, as this week we got an e-mail from Durham police asking if we knew if Gary Robb was still on the island. Obvious answer, don't really have a clue only rumour that speculates he has gone to Thailand.
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