The Turkish heavy equipment sector is setting out to take a larger share from China, the world’s largest heavy equipment market. With exports to over 130 countries, the sector aims to reach $5 billion in exports in 2023. China carries significant potential for Turkish companies in terms of getting a share of the overall market […]
Foreign construction companies are showing particular interest in construction of the shipping channel in Istanbul, the Turkish Ministry of Transport and Infrastructure told Trend Feb. 7. The preparation of the shipping channel construction project in Istanbul has been completed, according to the ministry. “The Istanbul shipping channel construction project is one of the most important […]
as the global and regional economies get increasingly exposed to protectionist tendencies, quickly changing monetary policies, and fears of a recession, now, almost everyone think that 2019 will not be an easy and stable year for global markets. The fears are more evident in the downward trend of growth indicators in Europe and the world’s […]
Turkey’s employment mobilization program looks to create 2.5 million jobs this year. With the aim of tackling unemployment in the rebalancing period, the Turkish economic administration launched another employment mobilization program, the first of which was announced in February 2017 and continued in 2018. The first two rounds of the campaign, launched with the call […]
It is “obvious” that Turkey’s path will not have to cross the IMF’s for either loans or technical support, the Turkish Treasury and Finance Ministry said on Feb. 1. In a written statement, the ministry ruled out talks with the IMF. “It is very clear that the motive for bringing up the IMF is a certain misinformation operation which lacks any […]
Turkish real estate sales to foreign buyers, which enjoyed a buoyant 2018 supported by private sector campaigns and legal amendments, has maintained its pace and saw an all-time monthly high in the first month of this year. House sales to foreigners skyrocketed by 81.9 percent year-on-year in January to 3,168. The same figure stood at […]
JAN 2019 Istanbul Airport to start full passenger operations in March as it bids to be “the biggest and the best” İGA Airport Operations has announced that the new Istanbul Airport will become fully operational on 3 March 2019. As previously reported, the airport’s first phase opened on 29 October 2018 with an official ceremony. “We are […]
Turkish Citizenship by Investment in 2019 As the leading Turkish Real estate company advising on global and Turkish citizenship, we are pleased to offer our assistance to our foreign clients to obtain Turkish citizenship by investment in 2019: The Regulation Regarding Application of Turkish Citizenship Code was recently amended. In line with the new regulations, […]
BUYING PROPERTY PROCESS IN TURKEY 2019 – LEGAL BASIS In accordance with the Article 35 of the Land Registry Law No. 2644, amended by Law No. 6302, ( This law definetely entered into force on 18 May 2012), the condition of reciprocity for foreigners who wish to buy property in Turkey abolishes now. Information on […]
The Turkish real estate sector is gearing up for a good year. With the Turkey property industry bouncing back significantly during 2018, investors have regained confidence in the country, many now keener than ever before to take advantage of the favourable property prices and deals on offer. The real estate industry in Turkey is buoyant. […]