turkish lira

Turkish Citizenship by Investment process and guide

In September 2018 Turkey announced changes to their Turkish Citizenship by Investment program, allowing new buyers to acquire citizenship from spending as little as 400,000 USD – making it one of the most affordable and attractive citizenship by investment initiatives in the world. A complete guide to obtaining Turkish Citizenship and what are the advantages of having it.

turkish economy , turkish lira , investment , real estate investment , Turkish Citizenship by Investment
2019-July-25

What’s happening to the Turkish Lira?

The Turkish Lira has been on a turbulent ride the last few years, gripping Turks and emerging economies with a financial interest in the country, falling by 42% since the beginning of 2018 alone. What's happening to the Turkish Lira in 2019? We explore the reasons for the Lira crisis and what it means for investors in Turkey.

turkish lira investment
2019-May-18

Turkish currency drop: Turks rush to change dollars to lira

The lira's loss in value has prompted a scramble by the Turkish public to exchange their dollar reserves into lira or gold - and inspired a wave of patriotism amongst the public, with businesses offering incentives for people with proof of currency conversion. Meanwhile, President Erdogan is assuring the public that the volatility will not affect the economy in any significant way in the long term.

turkish economy turkish lira
2016-December-05

Turkish Lira rallies into second quarter 2014

We predicted on 28 January 2014 when we said "invest now for maximum discounts and take advantage of falling Turkish Lira before it reverses again before the end of April 2014". We were spot on. Since the local elections of 30 March, Turkish Lira started rallying up against hard currencies just as we thought it would. Your window of opportunity to secure maximum discounts due to low Turkish currency is disappearing day by day as the Lira moves to reverse its losses and as Turkish government announces new positive economic indicators

strong , turkish currency turkish lira
2014-April-08

Turkish Central Bank raises interest rates to 12%

With growing pressure from investors to intervene in the fall of Turkish Lira, Erdem Basci of Central Bank of Turkey raised overnight lending rates to 12% from 7.5% in an emergency meeting held on 28 January 2014. The size of the hike came as a shock to most analysts, who expected a rise but not to this magnitude. On the other hand, CBRT's decision to oppose Prime Minister Erdogan's suggestion not to increase interest rates was perceived as bold and positive indicating monetary policy independence. Erdem Basci wowed to rescue Turkish Lira and ensure that inflationary pressures are kept under control. Immediately after the announcement Turkish Lira recorded a sharp rise against USD on 29 January.

interest rates , raise 12% , turkish central bank turkish lira
2014-January-29

Why Turkish Lira weakening against USD August 2013

Recently you may have seen that the Turkish Lira has weakened against the USD and other hard currencies in the world. In this news post, we take a look at why this has happened, and answer the question of whether Turkey is still a strong nation for investors to place their money.

turkish economy turkish lira
2013-August-29