Since the Turkish government allowed foreign investors to buy real estate in Turkey remotely by doing a power of attorney  to a resident in Turkey who will be able to complete the process on behalf of the buyer, today we are going to explain how to do pwer attorney.First, go to the Turkish embassy or consulate located in the yourcity, bringing the following documents:• A copy of the identity card of the person entrusted with it, clearly indicating the national number• A valid passport• 4 biometric photos• Preparing a form for the power of attorney...
One of the most important types of investment in Turkey is investment in serviced apartments  in order to take advantage from the strong tourist in Turkey is investing in tourism leasing.Serviced Apartments: are fully furnished apartments with hotel services available in it and investing in serviced apartments means buying apartments match serviced apartments criteria and rent it for tourists either for long or short term. but what are the evenues of this investment?Investment in serviced aparetments , achieves a percentage of profits annually that reaches between 8 and 15% of the property value. This is due to the...
As we recentely talked about the Turkish e-devlet portal and how to create an account on it. Today we will talk about an easier way, which is the e-devlet application that has become in service.The Turkish government has provided this application to facilitate electronic procedures through the e-devlet website, as the application is available in the Google Play store for Android devices and Apple for IOS devices, nothing that the application will not work before paying the fees with the ptt. After paying the fees, the password is sent via text messages, to create the account and benefit from...
Obtaining a driver's license has become necessary for foreigners in Turkey, so we will explain all information related to obtaining a driver's license for foreigners in Turkey for you.According to the law, the person who wants to drive a car must not be less than 18 years old, and a foreigner can drive his car within Turkish territory using by his country’s driving license after it has been translated and attested for a period of 6 months. After that, the foreign resident must exchange his country’s driving license with one Turkish license.What are the documents needed to...
Some applicants for Turkish citizenship in Turkey started to complain about the delay in their files. What is the reason behind this delay, especially in 2021, since no one complained before that about the delay in his citizenship file.The obvious reason for this delay is the measures to limit the spread of the novel coronavirus Covid-19 pandemicAs the Turkish government reduced the number of employees on job by 50% in addition to the lockdown measures that led to a reduction in the number of working hours, and therefore these measures caused a delay in the issuance of final...
As residential compounds in Turkey offers residents and apartments' owners basic services as well as entertainment services such as: heating, cleaning, maintenance, security, gyms and other facilities and services  that entail a monthly fee paid to the administration of the compound called returns.The compound administration disburse these monthly dues for developing, improving and modifying the building, in addition to adding social facilities that did not exist, which requires new expenses such as smart solutions systems that will facilitate the lives of residents.The Turkish real estate ownership law provides four general rules that fall into this context:How to...
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Earthquake insurance is mandatory in Turkey, and it concerns real estate in Turkey, whether residential or non-residential, as it aims to reduce expenses for real estate investors in Turkey when disasters occur.Earlier in 2000, the Turkish government issued a compulsory law to insure against earthquakes and natural disasters that the country may be exposed to, and this law came after the devastating Marmara earthquake in the state of Izmit (Gölcük depremi) that occurred in 1999, which recorded a magnitude of 7.6 Richter scale, the earthquake lasted for only 37 seconds, leaving 17,000 dead and massive property collapse, in...
According to our customers, the best places to stay in Antalya are:Kareta Pensin: which offers free breakfast and parking  as well as free WIFI. The Hotel includes a restaurant and has good location close to Olympus Beach.Mavi Pension: This hotel is also close to Olympus Beach. The offer free breakfast,  and free Wi-Fi. The hotel includes roof terrace and a spacious yard in order to enjoy your time. Luffy Cas Otel - Adult Only: City-center hotel, only minutes away from Ataturk Statue.Parrot Himera – all services inclusive: the beachfront hotel with luxury services  and spa, moreover, near...
After abolishing the reciprocity principle in 2012, the Turkish law has allowed foreigners from almost all nationalities to own properties in the Turkish territories  except areas close to military and strategic sites such as oil and energy stations, airports, sea ports, and others. A foreigner is also entitled to own more than one apartment, house, or land with a maximum area of ​​30 hectares.As for Syrians, although property purchasing law in Turkey has excepted them, but it is available by other methods such as establishing a company and buy a property in its name, or by an agency for...
The telecommunications company in Turkey institutes legal proceedings against the subscriber who does not obligate in paying the bills within a period between 2-6 months, and it assigns a lawyer in order to follow up the prosecution procedures, and upon trial, the judge rules the service company as the other party is the one who violated the contract which usually Syrians do not Read it .The party who breached the contract is obligated to pay all the dues (bills + the value of the router (300-400 TL) + the value of one bill for delay) in addition to the...
1- Can I withdraw money from the ATM?Yes, you can,  in addition to the Turkish lira currency  you can  withdraw Dollars and Euros from any ATM – which is mostly supported in English and other languages, and spread all over the city.2- Can I use the credit card during for shopping?Yes, you can use the credit card and the bank card during  your shopping tours. However, we advise you to pay in cash of Turkish currency if your destination is far places, such as beaches and tourist villages.3- What kind of currency does the payment occur...
As Turkey has become the investment hub in the Middle East, it has been so important to open some Islamic banks that serve Islam investors who keen to work in accordance with the principles of true Islam. It is not only about investors and merchants but there are also many students trying to deal with Islamic Banks. Kuwait Turk Bank:The Kuwaiti Turkish Bank was established in Turkey in 1989 and is the third old Islamic bank Turkey.The bank focuses its services mainly on financing and serving the retail institutions sector and small and medium enterprises through its 341...