Economics

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...

faq about turkish citizenship

Frequently Asked Questions about the Turkish Citizenship

Frequently Asked Questions about the Turkish Citizenship Some of questions answered here, but for more please contact our advisers Q1: How do I obtain Turkish citizenship? Every foreigner can obtain Turkish citizenship by investing in one of the following methods: Investing with fixed capital of not less than 500,000 USD or its foreign currency or Turkish lira. Purchasing real estate with value in...

One of the proposed aims of the Istanbul canal project

The Bosphorus might be tricky to navigate but as one of the world's busiest waterways, it sees heavy traffic. One of the proposed aims of the Istanbul canal project is to reduce pressure on the strait while adding to Turkey's economy. Here's how. The Bosphorus is one of the busiest maritime passages in the world. With nearly 43,000 vessels passing through in 2017, the Bosphorus sees nearly three times the...

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_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...

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