Your mind is made up, and it’s not been an easy decision, but you need to sell your house quickly. You may think the first and only step is to put your house on the market and then sit back with fingers crossed as potential home buyers come flocking through the doors. That isn’t how […]
Following a successful year in 2018, Spanish property predictions from experts around the globe predict another year of price growth and rising demand. A robust tourism industry, low interest rates, rising employment, affordable prices, a buoyant economy, and predicted price growth are all credited as driving international demand in Spain, and even though other nationalities, […]
Times have changed and investing in property abroad is now a standard addition to anyone’s real estate portfolio. While our parents thought holidaying abroad was a treat, owning a home in another country is the new norm. Proof of this is seen in fast-track citizenship programs offered by various countries, where in return for investing […]
In August 2018, foreign house sales in Turkey reached a record total of 3,866 apartments and villas. The final stats released by TURK STAT (Turkish Statistical institution) are double the number of sales for the same month in 2017, which was 1.684 units. Interest in Turkish real estate sharply increased when the lira took a […]
An announcement in the official Gazette of Turkey reports revised changes for gaining Turkish citizenship by investment. Financial criteria has been massively reduced in an aim to attract more foreign investment into the country. Previously the required financial outlay for gaining citizenship through real estate acquisition was 1 million USD. The revised figure is just […]
Turkey has released an investor program worth a staggering USD 33 billion to lessen its current account deficit that in January totalled nearly $7.1 B. The program aims to do this by lowering imports and increasing exports. 19 companies across various industries including agriculture, electronics, health and automotive qualify for the program worth 135 billion […]
An announcement in March 2018 by ISPAT (Investment Support and Promotion Agency of Turkey) confirmed recent amendments to Turkish investment laws, aimed at reducing red tape and centralising processes into one database. They added entrepreneurs have welcomed the new regulations because they reflect a reduction in expenses. Turkish Investment Laws Amended The 35-page amendments are […]
A key change for foreign property buyers in Turkey seeking citizenship could be on the horizon after it was announced that the minimum investment levels could be drastically reduced. Turkey's Interior Ministry has announced a re-think on the issues surrounding the amount of money that real estate investors will need to have in the bank […]
Close ties struck between Turkey and Qatar during current Middle Eastern tensions are set to be converted into a $5 billion Emirati investment into Turkey. As some Gulf and Arab nations staged an economic blockade of Qatar over the summer months, its close advocate, Turkey, stepped forward and exported essential food and other products. Turkey's […]
Turkey’s real estate market is poised for a turnaround in international sales this year, thanks to a new citizenship law for foreign investors, said Spot Blue International Property in January, adding that the weakness of the Turkish lira will add to the appeal of investing in Turkish property. Foreigners who invest in property worth at […]
