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No VAT for Foreigners on Buying PropertyNo VAT for Foreigners on Buying PropertyIn Turkey, the VAT rate of real estate varies from 1% to 18% depending on the dimension of the apartment. Commercial units such as shops or businesses have the fixed VAT rate of 18%. Foreigners will not pay VAT for real estate anymore. This law applies only to the sale of newly built apartments. 1.3.2017High-Speed Train Connects Istanbul with AntalyaHigh-Speed Train Connects Istanbul with AntalyaThe Turkish government continues to invest in high-speed railways. Currently, it takes from Istanbul to Ankara only 4 hours with the high-speed train. After the project has finished, it will take only 5 hours from Istanbul to Antalya. 28.2.2017How to Obtain Fast Citizenship in TurkeyHow to Obtain Fast Citizenship in TurkeyAccording to the law officially entered into force on 12 January 2017, the right to Turkish citizenship will be granted to those who buy real estate worth $ 1 million from Turkey. 13.1.2017The Eurasia Undersea Tunnel is Opened TodayThe Eurasia Undersea Tunnel is Opened TodayThe Eurasia Tunnel is opened today in Istanbul. President of the Republic of Turkey Erdogan and Prime Minister Binali Yıldırım attended the ceremony. Istanbul's Eurasia undersea tunnel will link Asian and European continents. 20.12.2016Thomas Cook: Turkey Holiday Booking Will be Revived in 2017Thomas Cook: Turkey Holiday Booking Will be Revived in 2017Thomas Cook, one of the biggest travel agencies in the world, is very optimistic about Turkey.They believe that European tourists turn back again in 2017. 14.12.2016Visa Requirements were Formally Removed Between Iraq and TurkeyVisa Requirements were Formally Removed Between Iraq and TurkeyThe visa application between Turkey and Iraq has been removed as of today. The decision was published in the Official Gazette today. 8.10.2016Grand Opening of the Third Bridge over BosphorusGrand Opening of the Third Bridge over BosphorusYavuz Sultan Selim Bridge, which is the third Bosphorus Bridge in Istanbul, is opening today by a large ceremony. It is the world's largest, longest and highest suspension bridge. 26.8.20163 Huge Projects Will Be Completed in The Next 7 Months in Istanbul3 Huge Projects Will Be Completed in The Next 7 Months in IstanbulTurkey is rapidly moving toward its goal of being one of the ten largest economies in the world until 2023. To achieve its aim, 3 projects in Istanbul will be implemented in the next months. 30.6.2016Iraqi Businessmen Get Visa for Turkey EeasierIraqi Businessmen Get Visa for Turkey EeasierObtain a visa from Turkey is easier for Iraqi businessmen. This easiness in visa application improves trade between Iraq and Turkey. 25.3.2016Statistics of Property Sales in Turkey in 2015Statistics of Property Sales in Turkey in 20151.289.320 properties in Turkey were sold according to the General Directorate of Land Registry and Cadastrate of Turkey statistics in 2015. 2.2.2016
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