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...
Investment News
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...
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...
Navigating the Process of Buying a Car in Turkey as a Foreigner Are you a foreigner in Turkey looking to purchase a car? If you hold a valid resident permit, you're in luck—buying a car in Turkey is a viable option for you. However, understanding the requirements and procedures is crucial to ensure a smooth and hassle-free experience. In this article, we'll guide you through the process of Buying a Car...
Establishing a Business in Turkey: A Comprehensive Guide Turkey, with its strategic location bridging Europe, Asia, and the Middle East, has long been an attractive destination for foreign investment. The country holds global significance, making it a preferred choice for international companies and organizations looking to establish their presence in and around Turkey's major cities. This article aims to...
Foreign Investors Preferred Antalya In Turkey, housing sales to foreigners amounted to 30,599 between January and October, with Antalya leading the way with 11,303 units sold. The sales to foreign investors experienced a 52.9% decrease in October compared to the same month the previous year, totaling 2,535 units. In October, foreign investors preferred Antalya and Alanya within the...
Investing in Paradise: Why Alanya and Ideal Estates Are Your Ideal Real Estate Partners Have you ever dreamt of owning a piece of paradise? Alanya, a coastal gem on the southern coast of Turkey, might just be your perfect destination. In this article, we'll explore why Alanya, and more specifically, Ideal Estates, should be at the top of your real estate investment list. So, let's delve into the many...
Buying a Holiday Home in Alanya, Turkey: Tips from Ideal Estates Are you considering Buying a Holiday Home in Alanya, Turkey? Alanya's stunning beaches, rich history, and vibrant culture make it a fantastic destination for both holidays and property investment. To ensure your dream of owning a vacation home in this beautiful coastal city becomes a reality, we've compiled some valuable tips from Ideal...
Why Buy Property in Alanya? - Why Foreigners Should Consider Buying Real Estate in Alanya, Turkey In recent years, Alanya, a charming coastal city on the southern coast of Turkey, has been gaining significant attention from foreigners looking to invest in real estate. This hidden gem, nestled between the Mediterranean Sea and the Taurus Mountains, offers a unique blend of natural beauty, rich history, and...
Thriving Construction Market in Turkey: A USD 51.64 Billion Growth Story In recent years, Turkey has witnessed a remarkable surge in its construction market, driven by an augmented demand for real estate properties. According to Technavio, a leading market research company, the Thriving Construction Market in Turkey is set to grow by a staggering USD 51.64 billion from 2021 to 2026. Unveiling the...