Good Chance for Investing in Real Estate in Turkey – investing turkey
Istanbul’s soil and rock are made of gold! This is what many investors in the real estate sector say. In recent years, this sector has witnessed a big rise in the value of the investment, leaving all the investment sectors behind.

The prices of real estate in Turkey in general and the real estate in Istanbul, in particular, are constantly rising. The investors are making more money than other investments, but making big profits in the real estate sector is not easy, the investor may fall in simple mistakes in which the investment will be the cause of damage and not a reason for a profit.

When investing in the Turkish real estate sector there are important things to pay attention to, as investors in the real estate sector gain a lot, but if this Turkey investment is unconscious and unplanned may be difficult and...

Real Estate Istanbul – Property Istanbul – Istanbul Investment
Metro lines are considered of the easiest means of transportation in the city of Istanbul, just like the way it is in the other mega-cities in the world.

However, Istanbul is experiencing a great interest in expanding the metro line networks, on both the European and the Asian sides of the city. These metro lines play a key role in the evaluation of the areas they pass through, raising up the prices of the real estates significantly.

Today, there are a lot of metro line projects under construction, and observers expect them to contribute, in a great deal, to raise the value of the areas they are going to serve, especially after the completion of construction and entering service.

The most important of these lines are:

– First: Mahmoud Bey – Esenyurt Metro Line: It will be held on the European side of the city...

The KDV Tax:

It is a tax imposed at different rates of expenditure, in accordance with the Value-Added Tax Or KDV Law No. 3065 of 1984, although the companies are the ones that pay this tax in accordance with the sales profits they achieve, this tax is deducted from the final goods’ consumers this Means that this tax is ultimately deducted from the individual who consumes the goods. This tax is applied in almost all countries of the world and is imposed in Turkey according to the necessity of the goods consumed by %3, %8 and %18.

Computation of the KDV Tax

The KDV tax is calculated by deducting the tax rates from the selling price of the product. Therefore, the tax is increased according to the high prices of the products’ sales from the producer until it reaches the consumer.

Listed and calculated KDV Tax

The simplest way to calculate the KDV tax is to multiply (the price of the...

Summary: This exceptional article explains how to calculate the Gains tax when you buy a real estate in Turkey and then sell it before passing five years on the date of the Land Registry receipt.

According to the Article No. 80 pertaining to the Turkish Income Tax Law, in the case of sale of a real estate before passing five years on the date of purchasing, the real estate subjects to capital gains tax on property (for the real estates purchased under construction, the beginning of the five-year is from the date of the receipt of the Land Registry), excluded from this gains tax the sold real estates which have been obtained free of charge, namely, by inheritance, donation, or something like that, in that case the real estate is not subject to the forgoing tax.

The value of property gains tax is calculated according to the Local Producer Price Index. However, this indicator is issued...

What should you pay attention to when buying investment apartments?
It is advisable to set the necessary budget for buying apartments for investment purposes, while moving away from bank loans as much as possible when buying such apartments, because of the high interest added on these loans, which are often equal to the expected investment profit or more, In addition to the possibility of difficulties in the regularity of payment of periodic installments, which may result in the imposition of other financial sanctions.

It is important also to note that the investment amount allocated for buying an apartment must be a surplus from the basic needs of the owner, because there is always a risk in the investment operations, and may get a loss if the investor suddenly had to buy the necessary liquidity.

It is not recommended to focus on the famous high-priced areas in major cities, but it...

The Turkish government has issued recently a law that allows submitting and getting the Turkish visa electronically as you simply apply for tourist or trade visa via the electronic visa system on (https://www.evisa.gov.tr/en/).

The e-visa can be obtained via the electronic system, which started in 2013, easily within minutes through the Internet from anywhere in the world.

Currently, the developing of the necessary legislation is in progress to enhance the base of the electronic application of the visa and ensure that foreigners get visas through practical ways to be adopted in parallel meanwhile. In this context, on the 11th of April 2014, the following have been determined:

•Dutch, Norwegian, Polish, German, Arabic, and Chinese were added to the electronic visa system as well as the already existing languages namely English, French, and Spanish.
•You can pay via credit cards, bank...

Summary: This article explores the main types of investment in Turkey, their incentives, along with a brief glance on the features of each type, and then at the end, there is a focus on the advantages of real estate investment in Turkey.

In 2007, the Turkish government established an agency to support and permit investment in Turkey and launched its website here in 12 languages to be a bridge linking Turkey to foreign investors.

What are the main domains of investment in Turkey?

Real estate, industry, automotive industry, food and agriculture, general business, health care and medications, financial services, information and communications, and many other domains.

*What are the main investment incentives in Turkey? *

•The qualitative leap of the Turkish economy; the gross national product in 2013 reached 820 billion US dollars while it was only 230 billion US dollars in 2002.
...

Most of the entrepreneurs and owners of small and medium enterprises (SMEs) prefer to establish a limited company Ltd. However, you can set up your company according to any type you want to be that joint venture (JV), joint stock, or any other type of well-known companies. In this article, we are going to discover together the steps of establishing a limited company in Turkey, where the minimum capital of the company shall be around 12,000 Turkish Lira that is equivalent to $ 5000.

One person or one legal party is enough to establish a limited company in Turkey. Moreover, this company can be managed by foreigners, yet, they need to get a work permit. The percentage of ownership in the company for foreigners can be 100%.

Establishing a company: Imtilak real estate always recommend enlisting a lawyer, who shall be fluent in English or Arabic, to conduct transactions and official...

FAQ About Ownership in Turkey
Q1: Do foreigners have the right to own a property in Turkey? When was that? How?

Yes, they do. The Turkish Parliament has issued a decree in September 2012, which gives the foreigners the right of ownership in Turkey, without taking into consideration the principle of reciprocity.

Q2: What are the procedures of ownership in Turkey?

First: choose the right property and prepare the following documents:

a. A copy of the land registry (title deed) or instrument.

B. A legal location description or a copy of the property location from the municipality plan.

C. (PIN) the property identification number in the municipality plan (for lands).

Second: get a tax number from the tax department, and that is a very easy process.

Third: translate the passport into the Turkish language, authenticate the translation at the notary, and get 4 personal photos.

Fourth:...

Can Iraqis buy an apartment in Turkey?
Can they buy lands in Turkey?
What types of real estate can Iraqis own in Turkey?
What are the required procedures for the ownership process?
Frequently asked questions about the ownership of Iraqis in Turkey, we review the answers in this article, and at the end, you can find new clip episode of the program “Real Estate is the best decision” entitled Iraqis ownership in Turkey Prepared and presented by Abdullah Al-Hammad CEO of Imtilak Real Estate.
Iraqi - Turkish relations
Iraq and Turkey are neighbors with historical, cultural and economic ties. The two countries have sought to develop their relations since the Turkish recognition of Iraq in 1927 based on their common interests, especially as these two countries share common borders and common issues such as water and oil.
On the economic level, the two countries are associated with large-scale...