Turkish Contractors Shine Globally: A $501.9 Billion Milestone Turkish contractors have made an indelible mark on the global construction landscape, undertaking projects worth an astonishing $501.9 billion since 1972. After a challenging 2022, the year 2023 saw a remarkable resurgence, culminating in contracts totaling $27.392 billion in December alone. Let us delve into how Turkish contractors shine...
Navigating New Tax Regulations for Turkish Rental Properties Welcome to the evolving world of real estate in Turkey! A recent announcement by the Revenue Administration has sparked excitement and intrigue among homeowners, reshaping the new tax regulations for Turkish rental properties in 2024. In this blog post, we'll delve into the details of this transformative change and explore its implications for...
Turkey's Investment Office: Paving the Way for Global Business Ventures The Investment Office of the Presidency of the Republic of Turkey stands as the official entity dedicated to showcasing Turkey's investment potential to the global business community. Operating under the direct purview of the President, Turkey's Investment Office plays a pivotal role in promoting and supporting investments that...
Turkey's Economic Triumph: Turkey Achieves Record Export Figures In a momentous announcement, Turkish President Erdoğan heralded a historic achievement for Turkey's economy, unveiling a remarkable surge in exports that reached a staggering USD 255.8 billion, remarking that Turkey achieves record export figures. This 0.6 percent year-on-year increase not only sets a new record but also showcases the...
US Investment giants Pimco and Vanguard invest in Turkey after its return to interest rate hikes In recent months, U.S. investment giants Pimco and Vanguard have entered the Turkish market, expressing confidence in the country's economic trajectory following a series of rate hikes. This article delves into "Pimco and Vanguard invest in Turkey"- decisions and the factors contributing to their...
Embracing Green Triumphs: Turkey's Commitment to Forest Conservation In the relentless battle against climate change and the looming threats of global warming, Turkey has emerged as a beacon of hope in its relentless efforts to combat drought. Turkey's Commitment to Forest Conservation has recently achieved a significant milestone by reaching global standards for forest assets, showcasing its unwavering...
New Price Display Regulations Bring Changes to Dining Across Turkey As of January 1, 2024, New Price Display Regulations have come into effect across Turkey, requiring restaurants, cafes, and bakeries to prominently display price lists at their entrances and tables. Initiated by the Trade Ministry in response to mounting complaints about undisclosed charges on bills, this regulation aims to safeguard...
Discovering Tranquility: Exploring Turkey's Therapeutic Hot Springs Immersed in history and blessed with a stunning coastline, Turkey stands as a testament to the harmonious coexistence of civilizations and a fusion of diverse cultures. Beyond its delectable cuisine and breathtaking landscapes, Turkey offers a unique retreat for those seeking tranquility – Turkey's Therapeutic Hot Springs. A journey...
Streamlining e-Contract Rental Agreements through e-Government In an era dominated by digital advancements, the way we handle various aspects of our lives is continuously evolving. The realm of rental agreements is no exception. With the emergence of e-Government services, the process of creating e-Contract Rental Agreements through e-Government has taken a significant leap into the digital landscape,...
Turkish Cities Leading Global Rankings: Surprising Property Value Surges In the dynamic landscape of global real estate, certain cities have been witnessing unprecedented increases in property values. Despite the challenges posed by rising interest rates in 2023, the allure of real estate investment remains strong in popular cities worldwide. Notably, Turkey has emerged as a standout performer, with two...
