ALTIN TURK INVESTMENT is well known as a leading firm in Turkey-providing professional sales and marketing services for large real estate investments and construction development projects internationally. With over 15 years of experience working nationally and internationally in real estate investment projects’ sales and marketing, construction project execution, as well as political and legal practices, has given us a in-depth knowledge and vast experience-enabling us to assist and serve our clients professionally and with a high standard integrity. Our team exists out of, Turkish, English, Arabic, French, Persian and Azeri spoken professionals that will gladly help you during the process of your investment. We are located in the centre of Istanbul -Taksim Square.
New developments are taking place in Kanal Istanbul project. While the appetite of Chinese companies increased in the project, the US pressure continues in the project to be conducted with the Public Private Partnership.
America and China Faced!
It is stated that American companies are also pressing for a share of the project, which is a great investment value, and offers are coming from Chinese companies. As will be recalled, Huang Songfeng, the Commercial Attaché of the People's Republic of China, who made a statement in the past days, announced their interest in the project. Stating that they want to work with the Turks very much, Songfeng said, "Under the system of China's market economy, companies do or do not do anything in their best interests.
If they can make good money in a good environment, they will gladly do it. In this respect, I have no doubt. Collaboration must be on a win-win basis, and I believe there is a great deal of interest from the Chinese in all the issues you are talking about right now. They are still talking and meeting. Why shouldn't business people do it when it's a win. Our companies are mainly involved in the construction of road and bridge projects, power plants, energy highway and railway. Turkey is an opportunity for us.
In recent days, some of the Chinese that says to me, 'I saw on television the exchange too hard is not a war in the southern' I do not worry you I would say that we see much clearer them with you here, but you will see you with your own eyes rather than look to newspapers for the best television saying, "Turkey grows as an opportunity.
Will Channel Istanbul Tender Date be announced in 2020?
Before the completion of 2019, Kanal Istanbul tender date is still unclear. The 2020 expectation for the final tender date of the project has gained weight.
China's Turkey (PRC) in Beijing Ambassador Abdulkadir Emin Önen, with direct investment in China and continues to support Turkish companies operating in China. Turkish companies in China also visit Ambassador Önen at the Embassy residence, give information about his work and make consultations.
VISIT TO TAPKAN TO AMBASSADOR ÖNEN
Önen received the information about the activities of the company by accepting Kemal Tapkan, the Finance Manager of Standart Profil Company, operating in the automotive sector from Turkish companies that have direct investments in China.
VISIT FROM YAO HONGJUAN TO AMBASSADOR ONE
Önen later received GM Yao Hongjuan and his accompanying delegation at the Embassy in Shaanxi Province's Foreign Relations Office. Turkish Airlines Istanbul-Istanbul-Xi'an, and Xi'an Silk Road expedition found in Turkey exchanged views on cooperation issues, especially with Shensi train line.
ÖNEN WITH THE REPRESENTATIVES OF CHINA TOURISM AGENCIES
Featured also are active in the Chinese tourism market in Turkey and leading a meeting with representatives of tourist agencies performing at the Embassy, were found in consultations about problems and solutions in the industry.
After Huobi opened the transactions in Turkish Lira in the last months, the famous Binance Stock Exchange started trading in our country. Binance will accept TL over the brokerage house.
TL transactions started
Together with the innovation announced on the day that its founder Changpeng Zhao was at a conference in Istanbul, TL deposit and withdrawal transactions on the Binance exchange becomes possible through Papara platform.
Binance, which makes the choice of a brokerage firm instead of a direct agreement with a bank, does not take the burden of money transactions. Papara is also used in many crypto money exchanges in our country.
Users will be able to cash in one of the BNB, BTC, ETH and XRP trading pairs after transferring TL to their Binance portfolio via Papara. They will then be able to switch to all pairs in which the money is in operation. For shopping with Papara, the KYC step in the stock exchange must be completed. They also have at least 100TL transaction limit. Papara integration has started in web and mobile applications.
However, a very important point is overlooked by many foreign investors:
Natural persons, foreign nationals, have to submit the project to be developed for the unstructured immovable property (land, field) they have purchased within two years to the approval of the relevant ministry (Municipality, Provincial Directorate of Agriculture). Otherwise, the state has the right to reclaim this property free of charge.
After the citizens of foreign nationality have decided to buy the land-field, an annotation is recorded in the title deed of the immovable that the project will develop within 2 years on the land.
There are some restrictions on the purchase of land by foreigners. One of them can buy a real estate of up to 30 hectares nationwide and a natural person of foreign nationality and be entitled to a limited in-kind.
Another restrictive issue is that the Land Registry Directorate should ask the competent commander whether there is a military ban or security zone and whether a positive response is required for the acquisition.
On the other hand, a commission consisting of representatives of the Ministry of Family, Labor and Social Services, the Ministry of Environment and Urbanization, the Ministry of Treasury and Finance, the Ministry of Industry and Technology will be established within the Ministry of Interior in order to follow the process related to citizenship applications.
By opening private offices, the foreign citizens who apply for Turkish citizenship will be attended in one-to-one manner and the transactions will be done as soon as possible. The follow-up of these offices and the process will be followed by the commission formed by the Ministry of Interior.
Since September of last year to grant citizenship to the 250,000-dollar first Chinese real estate sector, including the Far East it is attracted to the market in Turkey. So far, intensive recruitment for Middle Easterners of his citizenship in Turkey's real estate market was so, including the Chinese. According to Turkstat, the Chinese, while among the more than 10 countries engaged in real estate purchases in Turkey until three years fell purchases in subsequent years. As of 2019, purchases of Chinese citizens who returned with citizenship increased again. When the Chinese are looking at the investments they make in terms of all real estate in Turkey, which faces measuring the total shares hit 34 in 2018 in queue, draws attention in 2019 to 23 as they exit. When the real estate acquisitions are examined in terms of the number of independent sections in terms of all types of real estate in China, 155 independent sections have been acquired with 10,772 square meters in 2019 and 83 independent sections have been acquired in 2018 with 4,881 square meters. When looking at the independent section, it is noticed that they mostly prefer independent sections with small square meters.
PROVIDES THE BEST CONDITIONS BETWEEN EUROPEAN COUNTRIES
According to Leyla Ilhan News of the World newspaper, Turkey's citizenship offer the most favorable conditions between the EU and countries close to the quality of the building stock to sell at a reasonable price was instrumental in the return of the Chinese. assessing the interest of the Chinese to Turkey market Istanbul Builders Association (INDER), and Technical Building Nazmi Durbakayım, a few months the Chinese importing it started to deal with the Turkish real estate, "we began to negotiate with the Chinese agency. Soon they will start organizing tours to our projects. ” Durbakayım assess the scale of this bending of the population in Turkey as a very good development, "among the countries close to the EU citizenship, offering the most favorable conditions currently the country was Turkey. Montenegro's citizenship was cheap in the past. But now they have aggravated the conditions. Therefore, we offer the most suitable citizenship opportunities in Europe ”. Durbakayım, these purchases are expected to increase like avalanche, he said.
INCREASED INTEREST IN ISTANBUL LIMITS
GYODER President Feyzullah Yetgin said that they started to see the increasing interest of the Chinese, “We see that the purchase of residential and commercial real estate for citizenship purposes not only in Istanbul but also in cities outside Istanbul. It also seems to increase interest. ” Stating that the number of wealthy people is high in the big market like China, Yetgin said:
“This Market is moving. Considering that 3 to 5 percent of a population of 1.7 billion comes, even this is a huge volume. ”
Turkey's cultural wealth, as also in the offer with a reasonable opportunity to the Chinese that Turkey is more appealing to transfer Yetgin, as well as the Chinese but also drew attention to the Iranians between enhancing citizenship for their purchases in recent years in Turkey, he said. Yetgin, social life next to the geographical location of Turkey, of the suitability of captured foreign media and price stability in recent years attracted told Turkey. Yetgin said, “It is not possible to find such properties in European countries at these prices. There are pronounced 5-10 times the faults for similar projects. ”
ENTRIES TO CITIZENSHIP LISTS
Turkey-China Business Council of DEIK Chairman Murat foreman also assessed developments. China is a country that sends 170 million tourists every year transfers Kolbasi, Chinese citizens intensively purchase real estate for citizens in Canada, Australia, Singapore and Hong Kong in countries such as said. KOLBASI indicating that the possibility of these countries offer dual citizenship in these countries makes it attractive, "Now list also began to enter Turkey. There are direct flights from 6 different cities from China to Istanbul every day. In the near future these expeditions will be made from 7 cities ”. All this makes it attractive is that Turkey's record foreman, said real estate firms in the projects they are making efforts to introduce Chinese in Turkey. Foreman, both health with this work began in 2019, said they told their citizenship opportunities in Turkey.