The official Anadolu Agency – published a new amendment for the terms of Turkish law to grant citizenship by purchasing real estate at uncompleted projects after it was limited to the completed projects only, and that happens through registering the sale contract at the notary.
According to the new law, Turkish citizenship is now possible according to the terms of buying real estate in the range of uncompleted projects worth not less than 250.000 USD in cash, or the equivalent of either Turkish Lira or hard currency.
In addition, the foreigner is required not to sell the real estate within three years, also by providing a pledge to the real estate records by not transferring the property of the real estate to other persons during the mentioned period.
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April 1st, 2020, A New Start for The Future of Iraqi Investors
After having banned citizens of some countries from applying for its citizenship, who are Iraq, Afghanistan, Yemen, Sudan, Iran and North Korea, The state of Antigua & Barbuda gives Iraq an auspicious exception that would open the door to the second citizenship for Iraqis citizens on the 1st of April 2020, while the rest of the countries bans were conditionally cancelled.
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Türkiye’s Transition to The Electronic System E-Devlet
Türkiye’s transition to the Electronic system:
Day-after-day e-government services in Türkiye contribute to facilitating the daily lives and transactions of citizens and residents by saving time and efforts. These services vary between municipal services, ministries services, issues related to judicial cases, registration procedures for exams and universities, health and social insurance procedures. Besides, patients can obtain appointments at hospitals through the Internet, in addition to the possibility of applying for unemployment aids and applying for a passport.
Turkish Economy Exceeded Expectations
The Turkish economy delivered a performance that exceeded expectations last year and is forecast to post significant growth this year.
According to the Investment Office of the Presidency of the Turkish Republic, Türkiye has jumped up 10 places and ranked 33rd in the World Bank’s Doing Business 2020 report. It ranked 69th in 2017, 60th in 2018, and 43rd in the 2019 editions of this report.