Most of the investors in Turkey come from the Gulf area; countries such as Saudi Arabia, Iran, Africa, Egypt or Qatar. These are foreign people seeking a more established and secure country, but also a country with a familiar culture. Most people in Turkey are Muslim, which makes investors from Arab states feel closer to […]
Following enactment of Data Protection Law with no 6698 (“Law”), Data Protection Authority (“Authority”) has started to render its decisions on particular issues related to data security for explanatory purposes. In this respect, the Authority has made explanations for access authorization of company employees through its principle decision with the date of 31.05.2018, with the […]
New legislation introduced in Turkey in January 2017 allows a person acquiring property at the value of USD1 million to acquire Turkish citizenship. There are a number of steps involved in this process which need to be considered before investment. There is a holding period of three years during which the applicant cannot sell or […]
There are no citizenship tests or language requirements in Turkey as per the current legislation. As to Turkish residency, if you have not acquired a property for USD1 million, but say USD300,000, you are still entitled to apply for citizenship, but you need to be resident for eight years without interruption
Mark Copeland of Mark Copeland Lawyers (New Zealand) spoke to the IR team about his firm’s philosophy, the current New Zealand property market and the structures available for Real Estate investments. To view the video in full please CLICK HERE
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Eben Ong of Loh Eben Ong LLP. Eben has joined IR as our exclusive Real Estate Member in Singapore. Loh Eben Ong LLP is an established Boutique Law Practice with Singapore Lawyers, Advocates and Solicitors, Commissioner for Oaths, Notary Public and Trademark […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Loh Lay Leng of Loh Eben Ong LLP. Loh Lay Leng has joined IR as our exclusive Real Estate Member in Singapore. Loh Eben Ong LLP is an established Boutique Law Practice with Singapore Lawyers, Advocates and Solicitors, Commissioner for Oaths, Notary […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Demetris Demetriades of Andreas Demetriades & Co. Demetris has joined IR as our exclusive Real Estate Member in Cyprus. Demetris is a managing partner and Head of the Immigration and Real Estate Department of Andreas Demetriades & Co. LLC in Cyprus. He […]
The tax treatment doesn’t change when you become a Turkish citizen, because income tax is only applicable if you sell the property within the first five years as per the current legislation. If you do sell the property during that period, you may be exposed to income tax. As stated earlier, you should not sell […]
Political instability and an over-reliance on a single economic system are two of the reasons why high net worth investors seek alternative citizenship somewhere other than the country of their […]
Read moreRichard Sussman of Rosenberg & Estis, P.C. spoke about his firm’s sponsorship earlier this year in Lisbon and also the benefits of being active within the network. Richard also speaks about how his firm hosted the inaugural North America East Coast networking meeting earlier in March 2018 and the importance of “bonding” between members. Richard […]
Jayson Schwarz of Schwarz Law LLP was Social Sponsor for the 2018 ‘On the Road’ event in Toronto. During the video Jayson spoke about his firm’s sponsorship and also the benefits of being active within the network.
