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WHY
TURKEY ? |
Real estate acquisition of foreign and legal persons has been
regulated in the article'35 of the Land Registry Law has been
modified on July 3rd, 2003. By this amendment new regulations
have been introduced concerning of real estate acquisition, in
our country, of real persons of foreign nationality and trade
companies having legal personality. With the facilities brought
by the new law on ownership of property for foreign nationality
personalities, until today the following number of properties
have been sold to some country citizens:
| Greece |
|
14340 |
| Germany |
|
13144 |
| England |
|
10171 |
| Holland |
|
2431 |
| Ireland |
|
1342 |
| Italy |
|
979 |
| Austria |
|
864 |
| France |
|
801 |
| Usa |
|
787 |
| Denmark |
|
727 |
| Belgium |
|
589 |
| Norway |
|
574 |
| Sweden |
|
232 |
| Switzerland |
|
133 |
| Australia |
|
109 |
| Canada |
|
109 |
| Israel |
|
101 |
| Spain |
|
84 |
| Finland |
|
78 |
| Japain |
|
45 |
INVESTMENT
The country is strategically situated close
to the Middle East and the European markets.
Agreements between Turkey and 39 other countries to promote and
protect mutual investments as well as an agreement to preclude double
taxation.
Customs union with E.U. since 1996
A candidate member of the European Union.
A very liberal investment climate, including free (international)
movement of capital, profits, dividends and salaries, free-trade
zones and subsidies.
A large labor force at relatively low costs.
A modern infrastructure.
A well preserved European holiday destination.
The World Trade Organization considers Turkey to be one of the most
dynamic countries.
Newly administered investment regulations for the foreigners
LIVING
Properties at still very low prices
Beautiful Climate
Beautiful blue flag beaches
Well preserved environment
Low living costs
Very hospital people
Environment full of history and culture
Tax facilities for foreigners
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