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Starting from the first decades of the 20th century, the Turkish state has established state-owned enterprises as almost no private entrepreneurs were available at the time. This state-owned industry made its own economic rules. Turkey was transformed into a new universe following the elections of 1983. In line with the principles of a liberal market [...]
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Dear Mr. Çektir, what are the age requirements for a Turkish citizen to enter into a legally binding contract? Are these requirements also valid for employment contracts? Thank you for your e-mail. First, I would like to inform you about provisions regarding contracts under Turkish law, briefly. According to Turkish law, persons who have reached [...]
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According to the latest data released by the Turkish General Directorate of Land Registry, demand for Turkish property is not showing any signs of slowing with a record 32,000 Britons now owning property in the country where east meets west. The last couple of years have seen interest in second homes especially along the stunning [...]
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Confidence in the Istanbul property market, tipped by experts as an investment hotspot for 2010, reaches another high as latest reports reveal a 6% growth in the Turkish economy. As reported in the Wall Street Journal, Turkey’s GDP rose an impressive 6% in the last 3 months of 2009 compared to the same period in [...]
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Property in Turkey: Most Popular Places to Buy Author: Steven Clarke Turkey is fast becoming the new place for property investments. Experts say that British interest in Turkey property has tripled over the past year. And there is still a lot of room for those interested to purchase a piece of the market. Even in [...]
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