At a recent press conference, held by the Turkish Real Estate Investing Partners Association (GYODER), it was revealed that property sales in Turkey to foreigners in 2010 were up 40% reaching sales of $2.5 billion compared to the previous year. Not quite eclipsing the pinnacle of Turkey’s property performance, between the economic peak in 2006 [...]
These zones are designed to increase the number of export-focused investments. Legal and administrative regulations in the commercial, financial and economic fields applicable within the customs area are either not implemented or partially implemented in such free trade zones. In general, all kinds of commercial activities can be performed in free zones such as manufacturing, [...]
Did you know that big companies make big money off of small claims. Sometimes you simply don’t keep the papers after terminating a utility agreement (such as cable TV) or simply don’t keep the receipts of payment for a payment. A long time later, you receive a letter stating that you have not fulfilled your [...]
Historically, it was nearly impossible in most instances for a foreign national to purchase real estate in Turkey. Indeed, for the most part, Turkey maintained a nearly absolutely blanket prohibition against foreign nationals having the ability to directly purchase and own real estate in that country. Property in Turkey – Guide to Buying Property in [...]
