October 2021

Turkish citizenship by investment scheme tightens up

Turkish citizenship by investment scheme tightens up

Turkish citizenship by investment scheme tightens up Driven by a falling currency and the prospect of Turkish citizenship, sales of homes to foreigners reached record numbers this year. However, a new government rule aimed at tackling an "unethical" practice has stymied investors' bids for citizenship. Real estate agencies told Reuters that before the rule change, some cheaper Turkish homes were being...

Car exports in Turkey grow by 24 percent, and Europe is the leading importer

Car exports in Turkey grow by 24 percent Official figures revealed the growth of car exports in Turkey by 24 percent, achieving revenues of 21 billion 248 million and 339 thousand dollars, during the first 9 months of this year 2021. According to the data of the Turkish Exporters Council and the Uludag Automobile Exporters Union in Turkey, the country's exports of cars reached more than 190 countries...

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