March 13, 2024
In 2023, Turkey exported 8,652 tons of coffee to 146 countries
According to the Turkish Statistical Institute TurkStat, coffee exports from the country have tripled over the past 5 years. If in 2019 the revenue from coffee exports amounted to $19.268.937, then in 2023 it already amounted to $57.491.128. The total income from coffee exports over the past 5 years has been fixed at $200.690.415. The main importers of Turkish coffee in 2023 were:Syria - $ 10.470.784Belarus - $ 8,532,753Russia - $ 6.576.522 "In the coming years, Turkish coffee will become more popular in the world, and Turkey will take a more prominent place in this sector," said Osman Serim, vice president of the Turkish Association for Coffee Culture and Research.
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March 13, 2024
Changes in the procedure for obtaining Turkish citizenship for investments
According to circular No. 2024/2 of the General Directorate of Land Registration and Cadastre of the Ministry of Environment, Urbanization and Climate Change, changes have been made to the procedure for assessing the value of real estate purchased by foreigners. Now, only GEDAŞ Gayrimenkul Değerleme A.Ş., a subsidiary of the Housing Construction Authority (TOKI), can assess the cost of housing. Applications for the assessment report will have to be submitted via the Web Tapu system - https://webtapu.tkgm.gov.tr / . When applying, select the option "Vatandaşlığa Konu Satış" (sale for citizenship). Next, from the list of appraisal companies, you need to select GEDAŞ Gayrimenkul Değerleme A.Ş. For other transactions that are not the subject of a Turkish citizenship request and for which an assessment report is required, reports can be issued by any licensed Capital Markets Board (CMB) appraisal institution. The decree came into force on March 4, 2024. We also remind you that from January 1, 2024, the personal presence of the applicant and his/her spouse is required when applying for citizenship. Previously, personal presence was only necessary when fingerprinting to apply for an investor's residence permit. From January 1, the investor and his spouse will also have to be personally present when applying for citizenship, where fingerprints will be re-taken, as well as biometric photos will be taken.
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March 12, 2024
Istanbul metro will be open until 1 a.m. during Ramadan
Below are the metro lines and funiculars operating until 1 a.m. during Ramadan: M1A Yenikapi - Ataturk AirportM1B Yenikapi - CherryM2 Yenikapi - HadjiosmanM3 Kirazli - The Center of KayashehirThe M4 Kadikoy Highway - Sabiha Gokcen AirportThe M6 Levent - Bosphorus highway./FortressM7 Yildiz - MahmutbeyMetro lines M9 Baharie - Olympic,T1 Kabatash - BagdzhylarT4 Topkapi - Salyut MosqueTram lines T5 Eminenyu - Alibeikey,Formula 1 Taksim - KabatashF4 The Bosphorus./Fortress
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March 12, 2024
The conditions of the program of preferential mortgage loans for Turkish citizens have been announced
A program of preferential mortgage loans for citizens has been launched in Turkey. The interest rate on the loan is 0.69% per month in lira. The maximum possible loan term is 15 years. The maximum possible loan amount is 5 million liras for Istanbul, 3 million liras for Ankara, Izmir, Antalya, Bursa, Mersin and Mugla, 2 million liras for other provinces. The minimum monthly payment will be 9.720 liras, the maximum - 55.265 liras. Those who wish to use the program must meet the following conditions: - this should be the applicant's first place of residence.- the applicant must have resided for the last year in the province in which he is going to purchase real estate on a preferential mortgage.- housing purchased on a preferential mortgage cannot be sold for 5 years.- the program applies to ready-made real estate objects. In order to obtain a loan for housing under construction, it is necessary to obtain the prior approval of the bank issuing the loan.
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March 12, 2024
Seven Turkish desserts are included in the list of the "100 most delicious desserts in the world"
You can talk about Turkish sweets for a long time... To some, they seem too sweet and high in calories, but you can't argue with statistics: seven Turkish desserts are included in the list of the most delicious desserts in the world. The rating is compiled by the well-known online platform Taste Atlas based on expert opinions and user votes. Below are the desserts included in the list: 9th place - Maraş ice cream17th place - Gaziantep baklava Antep23rd place - pistachio sarma29th place - baklava46th place - semolina halva51st place - Kazandibi pudding52nd place - milk rice pudding "s tla "
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March 12, 2024
Chain stores in Turkey are obliged to provide a range of gluten-free products
In order to make it easier for people with gluten intolerance to access gluten-free products, new rules have been introduced in the food retail sector. In accordance with the communique published by the Ministry of Commerce, sellers were obligated to sell gluten-free food products. The decision was published in the Official Gazette. Chain stores with more than two hundred branches must sell gluten-free flour products, sweet and salty snacks and snacks in those branches with a retail area of 250-400 m2. Branches with a retail area of more than 400 m2 are required to additionally sell gluten-free bread, flour and pasta. The law comes into force on June 1, 2024.
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March 11, 2024
Fitch Ratings raises Turkey's credit rating to "B+"
The international rating agency Fitch Ratings has upgraded Turkey's long-term credit rating from "B" to "B+", and the rating outlook from "stable" to "positive". The rating upgrade is due to increased confidence in the sustainability and effectiveness of the policy implemented after the changes in June 2023. It is also reported that the decision was influenced by a more active than expected tightening of monetary policy aimed at reducing macroeconomic and external vulnerability. Inflation expectations have weakened and external liquidity risks have decreased, reflecting more favorable external financing conditions, high reserves, low levels of currency-protected deposits, and a reduction in the current account deficit. The Turkish economy is expected to grow by 2.8% this year, the statement said, and the growth rate may increase to 3.1% in 2025. According to the Fitch calendar, Turkey's next assessment is scheduled for September 6th.
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March 11, 2024
The grand opening of a new polyclinic took place in Alanya
The grand opening of the Esme Kemal Bey Family Medical Center and the ambulance station No. 4 serving the Kuchukhasbakhche district took place in Alanya. The project was implemented by the municipality of the city with the financial support of philanthropist Ahmet Bey Za and his family. The opening ceremony was attended by former Foreign Minister Mevlut Cavusoglu, the head of the Alanya district Fatih Urkmezer, the mayor of Alanya Adem Murat Yudzhel and other officials. ""The 780 m2 center has 4 family doctors' offices, an office for the disabled, vaccination rooms, a children's room, a treatment room and a laboratory. The emergency room has rooms for staff to rest and sleep, as well as a kitchen," the mayor said about the center. The head of health of Alanya, Nadir Aldemir, said that new medical centers in Mahmutlar and Payallar will also be opened in the near future.
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March 11, 2024
A new Bakyrkey - Kirazli metro line has been opened in Istanbul
Construction work on the Bakyrkey-Kirazly metro line, carried out by the Ministry of Transport and Infrastructure, has been completed. On March 10, at 17:00, a grand opening was held with the participation of Recep Tayyip Erdogan. The line includes Bakyrkey, Libertarian Square, Incirli, Haznedar, Ilkyuva, Yildiztepe, Mulla Gurani and Kirazli stations.Minister of Transport and Infrastructure Abdulkadir Uraloglu said that the line will be connected to the Bashakshehir-Kirazli line at Kirazli station, the metrobus at Incirli station and the Aksaray-Ataturk Airport metro line, Marmaray at Freedom Square station and Ido sea buses at Bakyrkey station.Minister of Transport and Infrastructure Abdulkadir Uraloglu said that the line will be connected to the Bashakshehir-Kirazli line at Kirazli station, Metrobus and Aksaray-Ataturk Airport metro line run at Incirli Station, Freedom Square at Marmaray Station and Ido sea buses to Bakyrkey Station.Minister of Transport and Infrastructure Abdulkadir Uraloglu said that the line will be connected to the Bashakshehir-Kirazli line at Kirazli station, the metrobus at Incirli station and the Aksaray-Ataturk Airport metro line, Marmaray at Freedom Square station and Ido sea buses at Bakyrkey station.
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March 11, 2024
From Ankara to Istanbul in 80 minutes!
Turkish Minister of Transport and Infrastructure Abdulkadir Uraloglu, speaking at the General Assembly of the Grand National Assembly, spoke about the project of a bullet train that will take you from Ankara to Istanbul in 80 minutes. Uraloglu said that the project is planned to be implemented by 2033-2035. The Minister also listed the high-speed train lines implemented within the framework of the "National High-speed Train Complex Project", namely: "Ankara - Izmir high-speed train line, Mersin - Adana - Osmaniye - Gaziantep high-speed train line, Bandyrma - Bursa - Yenisehir - Osmaneli high-speed train line, Ispartakule - Cherkezkey high-speed train line, high-speed train line Yerkey - Kayseri trains, the Eskisehir- Antalya high-speed train line and the railway project on the Black Sea coast."
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March 11, 2024
In 2023, Istanbul took the first place in the list of the "Most visited cities in the world"
Euromonitor International has published a ranking of the most visited cities in 2023. Istanbul took the first place - 20 million 200 thousand visitors. Istanbul is followed by London with 18 million 800 thousand visitors and Dubai with 16 million 800 thousand visitors. Antalya took the fourth place in the list with 15 million 700 thousand visitors. The ten most visited cities look like this: Istanbul (Turkey)London (United Kingdom)Dubai (United Arab Emirates)Antalya (Turkey)Paris (France)Hong Kong (China)Bangkok (Thailand)New York (USA)Cancun (Mexico)Mecca (Saudi Arabia)
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March 11, 2024
Charity International Piano Festival in Alanya
On May 18 and 19, an International Piano Festival will be held in Alanya in the conference hall of the Alanya Chamber of Industry (ALTSO). ALTSO and ALKÜ (Alaaddin Keikubat University) took over the organization and conduct of the competition. Applications for participation are accepted until April 30th inclusive. With the funds received from the festival, pianos will be purchased and sent on behalf of Alanya to the cultural centers of the cities affected by the earthquake on February 6, 2023.
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