2021-February-15

There is a wealth of new opportunities for foreign investors in Turkey due to the accelerating connectivity and mobility of the country. In accordance with information obtained, the aviation industry in Turkey has shown growth that is well above the average in the world thanks to their investments and new regulations introduced in the country.

2021-February-09

Investment in Bodrum has never been higher. The resort town, a long-held tourist favourite, has had $10bn worth of investment, not only private spending, but public too, with improvements made to roads, schools and medical facilities. The mayor has ambitions for the peninsula to become a diverse tourist hub, and the Davos of Turkey.

2021-February-03

For some buyers, privacy and seclusion has always been at the top of the list of property criteria. But now, there's an extra reason: social distancing. Property Turkey director Cameron Deggin says demand for property that offers space and distance has surged by 80% over the last year, and shows no signs of slowing.

2021-January-26

Turkey's economy is set to grow this year, defying expectations once again. Last year's economic contraction was also revised upwards, with the country growing by 1.5% instead of a negative 5%. However, continued economic stimulus will still be needed to soften the blow of the coronavirus pandemic, the IMF has said.

2021-January-22

One of the most popular investment choices for Turkish locals is still real estate, according to a latest survey. Despite everything that has happened over the past year, Turkish real estate continues to be the investment that citizens have called the most satisfying.

2021-January-22

Renting a villa in Turkey is becoming more popular amongst both foreign and domestic tourists. Social distancing has become a common aspect of people’s lives and has had a huge impact on holiday preferences during 2020. Tourists have been looking for a safe holiday and are choosing to book a villa rather than staying in busy hotels.

2021-January-20

An exodus that began in 2009 with the re-election of a hardline president shows no sign of slowing, as Iranians look for an alternative to their failing state. With Turkish citizenship by investment still on the table, Iranians are increasingly looking to Turkey as a place to make a fresh start. 

2021-January-17

The head of Turkey’s presidential investment office has stated at the Web Summit 2020 that Turkey is set to see a larger amount of investment over the next five years, with interest in Turkey currently higher than ever.

2021-January-17

Mustafa Varank, the Industry and Technology Minister, has revealed that in November 2020 Turkey provided 1,009 investment incentive certificates which will provide the country with investments totalling 25.3 billion Turkish Lira (3.31 billion USD) and also create in the region of 33,903 new jobs in the country.

2021-January-15

In 2020, data has shown that despite the coronavirus pandemic that decimated the tourism industry around the world to a standstill, Turkey remained the top destination for Russian tourists leaving Russia for holidays abroad during the summer and beyond towards the end of the year.

2021-January-15

The tourism sector in Turkey is hoping that, by administering coronavirus vaccines, the sector will welcome 25 million foreign visitors this year after a sharp decline in visitor numbers last year due to the coronavirus pandemic that took hold of the globe.

2021-January-13

When the coronavirus pandemic halted exports from China, importers of citrus fruit were forced to look elsewhere. Enter, Turkey. Last year's citrus exports from Turkey increased by 24%, turning mandarins, lemons, oranges and grapefruit into a central tenet of Turkey's agricultural exports. Russians were at the top of the list, importing almost 200,000 tonnes of fruit.

2021-January-13

Mount Nemrut stands between the East and West crossroads in southeastern Turkey and is one of the most spectacular tourist attractions in the country, welcoming over 500,000 international and local tourists in the last few years. Mount Nemrut is a mountain that stands 7,001 feet high in Kahta in Adiyaman province.

2021-January-13

Hazelnut exports between September and December 2020 by Turkey earned a grand total of 732.8 million USD (TL5.4 billion), according to data provided by a regional trade group. The Black Sea Hazelnut and Products Exporters’ Association provided data which shows that the 4-year figure fell by over 32% from the same time last year.

2021-January-09

There's a bright spot on the horizon with the news that Turkey's economy is set to grow as much as 4% this year. Since November, investors have returned to Turkey, buoyed by the rallying of the lira and an economy revitalised by increased consumer spending and a healthy domestic property market. 

2020-December-29

Days before the UK formally leaves the European Union, London and Ankara have reached an historic trade deal. The two countries have $25bn in annual trade, and the agreement means this will be upheld. It also paves the way for a more ambitious deal in the future, with trade expanding into agriculture and services.

2020-December-27

Never one to shy away from reform, Turkish President Recep Tayyip Erdogan has announced that 2021 will be a year of economic and democratic change in Turkey. And with the country's investment levels rising, it looks like change is already underway, with initiatives in the automotive sector promising to revolutionise the industry.

2020-December-22

The way that the tourism industry in Turkey handled the pandemic has inspired visitors to travel and book holidays in 2021. Ulkay Atmaca, head of Turkey’s Professional Hotel Managers Association (POYD) explained that the country had strict safety and hygiene measures introduced, and this is a major reason why the approach for 2021 has been so positive.

2020-December-21

Real estate purchases made in Turkey by foreigners in 2020 are set to reach a total of more than seven billion USD as the year ends. Although there have has been a slump in the total number of units sold because of the COVID-19- pandemic, a sector representative said sales will hit target figures thanks to a recent upward trend in buyers and their spending.

2020-December-20

According to a recent report, the Dogus Group in Turkey are on the brink of selling their 42% share of one of the largest and most prominent shopping malls in Istanbul, Istinye Park, for one billion dollars (TL 7.75 billion) to Qatar Holding LLC.

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