Turk Property Law |
0
blog,ajax_fade,page_not_loaded,,qode-theme-ver-9.5,wpb-js-composer js-comp-ver-4.12,vc_responsive

Real Estate: Serious Concerns for Buyers in Turkey

The news item here is from the 26 Aug 2016 article in one of the main Turkish papers Cumhurriyet. There is important news within it regarding those of foreign nationality who live, work and have investments here which we have translated for your benefit. The investigation...

The Turkish Lira may have 5 to 10 percent further to fall against the dollar if Turkey’s credit rating is cut to junk this month, though a downgrade should weigh less heavily on markets than on Brazil and Russia last year, according to analysts. The currency has already been under pressure, tumbling...

The Independent Industrialists’ and Businessmen’s Association (MÜSİAD) has prepared a detailed action plan to improve the country’s worsening perception abroad as well as accelerating business activities at home after the failed July 15 coup attempt, said the head of the association, Nail Olpak. “We have not seen any problems...

The negative impact of the July 15 failed coup attempt on Turkey’s economy has been minimal, according to the head of the Istanbul Chamber of Commerce (İTO). “The foreign exchange rates have been going back to pre-July 15 levels, while the country’s main stock exchange index has been...

Land ownership in Turkey had been constrained by the Ottoman Empire in the 19th century. This was to prevent foreigners from competing with natives for desirable property....

International companies operating in Turkey for many years emphasized their determination to continue investment in Turkey as well as their confidence in the Turkish economy International companies which have operated in Turkey for many years gave a unified message that they have confidence in Turkey's economy and will unabatedly...

Government Spokesman and Deputy Prime Minister Numan Kurtulmuş yesterday stated that the Turkish government is working on arrangements to issue permanent residence and citizenship to foreign investors who either deposit a certain amount of money to bank accounts, transfer money as fixed capital investment, invest in bonds, buy...

The International Investors' Association (YASED) announced that foreign direct investments (FDI) in Turkey reached USD 16.5 billion in 2015, an increase of 36 percent compared with the previous year. The figures were published in the United Nations Conference on Trade and Development’s (UNCTAD) “World Investment Report 2016”. In 2015,...