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Real Estate

Top 10 Regions for Foreign Property Investment – 2016

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Top 10 Regions for Foreign Property Investment – 2016 We have said before that tourism is the primary driver for sales of property to foreigners. Given that 2016 was a dismal year for Turkish tourism (with estimated losses of up to around $12 billion), we could be forgiven for thinking that ‘second home’ sales would suffer […]

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Second Home Market in relatively Good Health

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Second Home Market in relatively Good Health Despite continued uncertainty in the social and geo-political arena and the fact that tourist visitors have largely stayed away from Turkey in 2016, this has had nowhere near the impact that was expected on foreign property investment – indeed, recently released figures make for relatively cheery reading. This […]

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Turkish Citizenship for Foreigners Moves One Step Closer

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Turkish Citizenship for Foreigners Moves One Step Closer Speaking at the meeting of the Cabinet of Ministers, Deputy PM, Numan Kurtulmus announced that the government has put the finishing touches to a proposal to grant Turkish citizenship to foreign investors. The proposal has been completed and submitted to Parliament for approval. Eligibility for citizenship will […]

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PM Yıldırım backs Global Investor’s Sentiments

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PM Yıldırım backs Global Investor’s Sentiments ‘’Global investors who have contributed to the Turkish economy should have no doubts about trusting in it, Prime Minister Binali Yıldırım said on Oct. 27, touting the strong political power and stability of the nation’s administration. Speaking at the Ninth Turkish Investment Advisory Council meeting in Istanbul, Yıldırım said […]

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International Investors praise Investment Climate in Turkey

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International Investors praise Investment Climate in Turkey Representatives from 20 global companies have praised the investment climate within the Turkish economy, following the failed July coup attempt. At the 9th Investment Advisory Council Meeting in Istanbul, David Hess, executive Vice President of United Technologies Corporation, speaking on behalf of all attendant representatives, declared: “The recent […]

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Citizenship for Foreign Property Investors ?

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Citizenship for Foreign Property Investors ? Speaking at an international forum organised by media consultants Global Connection, the Economy Minister Nihat Zeybekci told the delegates that special incentives will be put in place for foreign nationals that invest in Turkish property. Zeybekci hinted that these incentives will be formally declared next week and would include the issuing […]

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Turkish Companies rank 2nd in world for Overseas Construction Contracts

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Turkish Companies rank 2nd in world for Overseas Construction Contracts Turkey again took second place in terms of the number of contracting companies building the largest volume of projects worldwide (outside of their home countries). The report, ‘Top 250 Contractors’, published by Engineering News Record, shows that there are 40 Turkish companies on the list; this is […]

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