After the strong economic growth reported by the Turkish Statistics Office (TUIK) at the beginning of September, several financial institutions have revised their forecast for the rest of the year. The Turkish economy registered a good performance during the second quarter of the year which has determined these institutions to provide an annual economic growth of more than 5%. Our lawyers in Turkey can assist foreign investors interested in starting a business here.

Not long ago the real estate market in Turkey wasn’t performing that well as expected, but towards the end of the summer months and once the economy started picking up again, property sales followed the same path. Moreover, the greatest number of sales was attributed to foreign citizens moving to Turkey or simply purchasing vacation homes. If you want to buy a property, our law firm in Turkey can assist with the sale-purchase agreement.