Turkish President Recep Tayyip Erdogan said that his country will continue to make the necessary adjustments to improve the investment climate in Turkey, considering the reactions that come from abroad. Erdogan made the remarks in his meeting on Wednesday evening with US corporate officials in Turkey at the presidential complex in Ankara. Erdogan said that Turkey [...]

The Turkish Official Gazette has published on Wednesday 19th of September 2018, the new amends on the executive regulations for foreign investors to acquire the Turkish citizenship in several ways. The new amendments included any of the following conditions for foreigners would be eligible to acquire the Turkish citizenship: Purchasing an immovable property worth of 250.000 USD at [...]

The Official Turkish Statistical Institute "Turk Stat" last report showed a significance rise of 129.6% in the foreign real estate purchase in Turkey during August 2018 compared to the same period last year, recording of 3,866-unit sales. According to published data on Wednesday, the number of housing units sold to foreigners has [...]

Turkish President Recep Tayyip Erdogan has issued a presidential decree canceling foreign currency transactions in real estate sale and purchase contracts, leasing, and movable properties and using the Turkish lira instead. On Thursday, 13 September 2018, the Turkish official newspaper published the Presidential Decree "Amendment to decree No. 32 on the Protection of [...]

Turkey's economy grew by 5.2% in the second quarter of this year compared to the same period last year, according to data released by the Turkish Statistics Institute on Monday despite the dollar crisis witnessed by the country's economy during the past period and the political and economic tension between [...]

Vice adviser of the Turkish president Yassin Aktay said that the Turkish government is considering a draft law to grant Turkish nationality to those investing 250.000 $ in Turkey according to Al-Jazeera. A law granting Turkish nationality to foreign investors, entered into force, following its publication in the official Turkish newspaper, on 5 May 2017. [...]

Turkish Finance Minister Berat Albayrak has declared that the ministry is in the process of submitting a proposal to the Turkish parliament to stop dealing in US dollars in real estate selling, buying and renting transactions and within shopping centers as well. This came in response to questions from journalists on his way home from France. [...]

Turkish real estate expert Aziz Bakan said that the devaluation of the Turkish lira has opened the appetite of foreign investors to increase their investments in Turkish real estate, pointing out that the Turkish economy is strong and capable of facing US sanctions. According to Turkish Statistics institution (Turk Stat), the average demand [...]

The financial crisis in Turkey after the lira's decline could have a bad effect on real estate prices and investment in New York if the crisis extends to emerging markets, but this has not happened yet, according to "The Real Deal". The Website pointed out that a large demand from US [...]

The Official Turkish Statistical Institute data has shown that real estate sales for foreigners reached 2.858 unites in July 2018 with an increase up 65.6% compared to same period last year. According to the published data (Turk Stat) on Wednesday, Istanbul topped the Turkish cities in terms of sales, with 956 housing units, followed by Antalya, [...]