Business

why invest in turkey

Why do you have to invest in Turkey ?

Here is 10 facts about Turkish economy, that will make you believe in Turkish economy. 1. SUCCESFUL ECONOMY 
A fast developing economy, with a GDP growth of 231 Billion USD in 2002, To a GDP of 851 Billion USD in 2017 which is more than triple the amount within 15 years. (TÜİK)Stable economic growth; A yearly GDP growth between 2002 and 2007 of 5,8% (TÜİK)With a yearly average economic growth pace...

V-shaped recovery in Turkey

Turkey’s Finance Minister Sees Economy Staging V-Shaped Recovery

Turkey expects a V-shaped recovery in the economy as domestic demand improves. “Leading indicators from June give positive signals for an improvement in the economy,” Albayrak said at a Turkish Banks’ Association meeting in Istanbul. The minister cited an increase in consumer confidence, as well as a jump in the country’s manufacturing Purchasing Managers’ Index. The minister asked lenders to...

qatars-five-major-conglomerates-turn-to-turkey-for-investment

Qatar’s five major conglomerates turn to Turkey for investments

Days after Doha, one of Ankara's closest allies in the Gulf region, pledged $15 billion in direct investment in Turkey, Qatar's private sector has also turned to the country as five major conglomerates are looking to invest $300 million. Qatar's Emir Sheikh Tamim bin Hamad Al Thani (above) visited Ankara last month in an apparent show of support for Turkey, pledging $15 billion in direct investments in the...

home_for_sale

Selling Your House? Avoid These Mistakes

Selling Your House? Avoid These Mistakes By Amy Fontinelle Updated Dec 14, 2018 Selling your home—especially if you've never done it before—can be surprisingly time-consuming and emotionally challenging. Strangers will come into your home and poke around in your closets and cabinets. They will criticize a place that has probably become more than just four walls and a roof to you, and then, to...

land_invetment

Ways to Invest in Land 

 Ways to Invest in Land  By Troy Adkins  Will Rogers once recommended that people should buy land due to its scarcity. With this in mind, investors need to understand the practicality of owning land and of running a land-based business venture. They also need to be aware of the specific types of land-related investment options available through investment products such as exchange-traded...

property_loan

Loans and mortgages in Turkey

Financing your property Loans and mortgages in Turkey By Just Landed Since Islamic law forbids interest transactions, some Turkish banks like Kuveyt Turk Bank offers both “deferred sale finance” and “lease to own” mortgages to circumvent the restrictions. In a deferred sale mortgage, the bank buys the property and immediately sells it back to you (for a higher price, of course). After...

property_in_turkey

How to find your dream property in Turkey

Getting Started How to find your dream property in Turkey By Just Landed Before you do anything, know whether you are buying a home or making an investment. Next, think long and hard about whether you want a newer or older property. If you are buying as an investment or to let, remember that profitable properties might not be properties that you particularly like. Consider who will be renting...

property_taxes

Taxes and insurance

Additional property costs Taxes and insurance By Just Landed Dealing with property taxes and insurance in Turkey can get complicated. Use a lawyer and know the tax system. When you buy a property in Turkey, one of the first things you need to do is make sure that the property taxes have been paid by the previous owner. If they have not, you will take on those debts, so make sure to ask the...

purchasing_process

The purchasing process

The purchasing process Paperwork and contracts By Just Landed Buying property is straightforward and well-regulated in Turkey. In the end, the new real estate owner receives a deed document (tapu) from the District Land Registry Office that confirms he or she is the new owner of that property. You should prepare the sales contracts with the help of a lawyer. That´s right, contracts: In Turkey,...

turkish_passport

Turkish Citizenship Requirements

Turkish Citizenship Requirements With the decision published on 19.09.2018 on the Turkish Official Gazette, some regulations regarding the transition of foreigners to Turkish citizenship changed. Turkish citizenship will be given directly to foreigners who buy at least 250.000 USD real estate in Turkey. Question: How does Turkish citizenship acquisition work? Answer: When you buy properties valued...

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