Choosing the Right Bank in Turkey: A Guide for Foreigners Choosing the Right Bank in Turkey and Opening a Turkish Bank Account as a Foreigner can be a daunting task, but it's a crucial step if you plan to live, work, or do business in this vibrant country. In this guide, we'll walk you through the process, from the importance of having a local bank account to the detailed steps on how to open one. Let's...
Reasons to Make Turkey Your Home Let's explore why Turkey is a sought-after destination for ex-pats and digital nomads. These are the reasons to make Turkey your home: Turkish Citizenship Simplification: The process of acquiring Turkish citizenship has been streamlined, allowing for eligibility by purchasing property worth a minimum of USD 400,000. Perfect Climate: Turkey boasts a diverse climate,...
Comparing Turkish Citizenship by Investment Program with Other Countries Investing in foreign countries to obtain a second citizenship has become a strategic move for many individuals. Turkey, standing out as a prime choice, offers a robust Turkish Citizenship by Investment Program. In this article, we'll delve into a comparative analysis of Turkey's program with those of Portugal, the UAE, the Caribbean,...
Turkish Exports Soar to $22.9 Billion, Setting an October Record In a testament to Turkey's economic resilience and strength, October witnessed Turkish exports surge to reach an unprecedented $22.9 billion, a remarkable 7.4% increase compared to the same period last year. Trade Minister Ömer Bolat shared this triumph, emphasizing the nation's steadfast growth amidst challenges. Turkey's Triumph Despite...
Turkey Implements Residence Permit Increases: Minimum Real Estate Investment Raised to $200,000 In a recent development, the Turkish government has implemented significant adjustments to the criteria governing the acquisition of a residence permit through real estate transactions within the country. These revisions particularly impact short-term residence permit increases in Turkey and are applicable to...
Turkey's Pioneer Satellite, Turksat 6A Satellite, to Soar in June 2024 In a remarkable stride for Turkey's space exploration, the Turksat 6A Satellite, the nation's inaugural domestic communication satellite, has triumphantly navigated through all testing phases. A strategic collaboration with SpaceX is set to propel Turksat 6A into the cosmos, with a slated launch in June 2024, as revealed by a...
Unlocking Economic Potential: Germany-Turkey Economic Ties in Focus In the complex landscape of global economic partnerships, the enduring bond between Germany and Turkey stands out prominently. As Turkish President Recep Tayyip Erdogan engages with German Chancellor Olaf Scholz in Berlin, the spotlight remains firmly on the Germany-Turkey Economic Ties and collaboration that have weathered political...
Restricted Areas for Residence Permit Applications in Turkey Living in Turkey as a foreigner can be an exciting prospect, but it comes with its own set of challenges, particularly when it comes to securing a residence permit. The Turkish government, to strike a balance between local and foreign populations, has implemented restrictions and Restricted Areas for Residence Permit Applications in certain...
