Time to Encourage Foreign Real Estate Investor

Time to Encourage Foreign Real Estate Investor

Ağaoğlu Group of Companies President of Group Business Development / Executive Board Member Burak Kutluğ offered 5 concrete suggestions in his speech at the 5th Construction and Housing Conference. “Providing competitive incentives compared to alternative countries, introducing VAT, stamp and duties exception, inclusion of the industry in foreign exchange earning services, leverage and encouraging promotional […]

Foreign Investors can Obtain Turkish Citizenship

Foreign Investors can Obtain Turkish Citizenship

Regulations in Turkey’s Official Gazette state foreigners who own real estate in Turkey worth a min. $1 mn with the special condition of not selling it for at least 3 years will be able to access Turkish citizenship. The regulation covers the following items; Investors must hold at least $1 mn in real estate, which […]

Do Foreigners Invest in Turkey?

Do Foreigners Invest in Turkey?

Do foreigners invest in Turkey? The answer to this question is a huge NO! So many properties are sold to foreigners in Turkey. You may be asking if these are not investments. No, they are not, they are merely ordinary properties that they buy to stay in Turkey when they come from time to time. […]

Turkey Not to Let Down its Investors

Turkey Not to Let Down its Investors

In his speech at the ship sendoff ceremony at the Tuzla-Sedef Shipyard, President Recep Tayyip Erdoğan said, “Turkey has not and will not let down anyone who believed and had faith and invested in it. An important section of international investors continuing to increase their investments in our country because they have seen this reality.” […]

Foreign Investment in Turkey Continues

Foreign Investment in Turkey Continues

Foreign investors have continued with their projects in Turkey despite the attempted coup on 15 July. The interest of foreign organizations in Turkey could not be stopped by the attempted coup. Despite the treacherous attacks of FETO, the interest of foreign organizations in the investments in Turkey continued. Just recently, 1.1 billion dollars of investment […]

What is the Biggest Issue for Foreign Investors?

What is the Biggest Issue for Foreign Investors?

The momentum achieved by the real estate sector in Turkey in the recent years is just as big an opportunity for the foreign nationals who wish to invest in Turkey, as it is for Turkey itself. Even if sales to foreign nationals have slowed down for reasons outside the control of the sector in the […]

Dumankaya and Fi-Yapı Project Investors

Dumankaya and Fi-Yapı Project Investors

The people who bought apartments from the residential property projects of the important construction companies of Turkey, to which trustees have been appointed following the attempted coup on 15 July, are questioning whether they will be able to take delivery of their apartments. Nabi Ağbal, the Minister for Finance, has given the answer to the […]

Fall in Credit Note not to Affect Foreign Investors

Fall in Credit Note not to Affect Foreign Investors

Metin Canoğulları, who has been appointed as the President of Ernst & Young (EY) Turkey, said that the fall in the credit note would not lower the interest of investors in Turkey. Canoğulları pointed out that Turkey has strong internal market dynamics and a great potential due to its position, and said, “Where will the […]

Citizenship for Foreign Nationals to be Announced Next Week

Citizenship for Foreign Nationals to be Announced Next Week

Citizenship for those who purchase residential properties Nihat Zeybekci, the Minister for the Economy, who spoke at the forum organized by the international media organization, Global Connection, said that companies from the two countries would be financing investments in third countries, with the Turkish – Russian Joint Investment Fund, which is to be established in […]

Foreign Investors Prefer Emlak Konut Shares

Foreign Investors Prefer Emlak Konut Shares

When the transactions of foreign investors in the month of June are looked at, it can be seen that they preferred the shares of Emlak Konut Gayrimenkul Yatırım Ortaklığı (REIC – Real Estate Investment Company) the most, with a net purchase of 17,8 million dollars. As with the month of May, the total value of […]

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