As Turkey’s economic power grows in European and global markets, foreign parties are increasingly trying to curb the pace of this sustained economic growth over the last 16 years. Political pressure on Turkey using direct and indirect financial effects has not stopped over the past period, But Turkey, with the solid structure of its economy and…
Month: May 2018
Important Recommendations for the Investors in the Istanbul Real Estate Sector
Good Chance for Investing in Real Estate in Turkey – investing turkey Istanbul’s soil and rock are made of gold! This is what many investors in the real estate sector say. In recent years, this sector has witnessed a big rise in the value of the investment, leaving all the investment sectors behind. The prices…
Metro lines increase the real estate value of Istanbul’s regions
Real Estate Istanbul – Property Istanbul – Istanbul Investment Metro lines are considered of the easiest means of transportation in the city of Istanbul, just like the way it is in the other mega-cities in the world. However, Istanbul is experiencing a great interest in expanding the metro line networks, on both the European and the Asian…
KDV Tax in Turkey
The KDV Tax: It is a tax imposed at different rates of expenditure, in accordance with the Value-Added Tax Or KDV Law No. 3065 of 1984, although the companies are the ones that pay this tax in accordance with the sales profits they achieve, this tax is deducted from the final goods’ consumers this Means…
Property Gains Tax in Turkey
Summary: This exceptional article explains how to calculate the Gains tax when you buy a real estate in Turkey and then sell it before passing five years on the date of the Land Registry receipt. According to the Article No. 80 pertaining to the Turkish Income Tax Law, in the case of sale of a real estate before…
Smart Homes System
Summary: Learn about smart homes that can be controlled by remotes, a new fad in the real estate world in Turkey, just like Istanbul Palace, Romance Smart Apartments, and Beylikdüzü Projects. Smart homes are a new fad, in Turkey real estate world, many of the construction companies have begun considering. When we say ‘smart homes,’ we mean those…
Properties Prices in Turkey
Summary: This study explores the prices of properties and apartments in Turkey, and the factors determining that. Introduction to Turkish economy: The Turkish economy is the biggest Islamic economy ever, preceding even the economy of the Saudi Arabia, not to mention that Turkey has achieved this all without accession to the European Union. The intermediate location…
What should you pay attention to when buying investment apartments?
It is advisable to set the necessary budget for buying apartments for investment purposes, while moving away from bank loans as much as possible when buying such apartments, because of the high interest added on these loans, which are often equal to the expected investment profit or more, In addition to the possibility of difficulties…
Visa, Residence and Citizenship in Turkey
The Turkish government has issued recently a law that allows submitting and getting the Turkish visa electronically as you simply apply for tourist or trade visa via the electronic visa system on (https://www.evisa.gov.tr/en/). The e-visa can be obtained via the electronic system, which started in 2013, easily within minutes through the Internet from anywhere in…
Investment in Turkey
Summary: This article explores the main types of investment in Turkey, their incentives, along with a brief glance on the features of each type, and then at the end, there is a focus on the advantages of real estate investment in Turkey. In 2007, the Turkish government established an agency to support and permit investment in…