News

December 27, 2023

The Turkish citizenship program took the 6th place in the global ranking of citizenship by investment programs

Every year, Henley Partners publishes ratings of official residence permit and citizenship by investment programs. Independent experts, investors and government officials from different countries take part in the creation of ratings. For each criterion, experts give countries points (from 0 to 10), after which the results are summarized.Countries with the most loyal legislation and investment programs included in the rating: 1st place - Malta2nd place - Austria3rd place - Grenada, Saint Lucia4th place - Antigua and Barbuda, Saint Kitts and Nevis5th place - Dominicana6th place - Turkey7th place - Egypt, Jordan8th place - Vanuatu9th place - Cambodia
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December 27, 2023

Istanbul Police Department received 23 luxury cars confiscated from criminal organizations

23 premium cars confiscated as a result of operations against criminal organizations were handed over to the Istanbul Police Department by court decision. Announcing this decision, Turkish Interior Minister Ali Yerlikaya posted a video of the cars and said: "These cars will serve our nation under the control of our police, not criminal organizations."
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December 27, 2023

The 6th PSM Awards were held in Istanbul

The PSM Awards is an annual award that identifies FinTech and e-commerce market leaders. PSM Co-founder and General Coordinator Barysh Bekar: "Over the 6 years of the award's existence, thousands of applications have been submitted and 300 projects have been awarded. The number of applications and interesting projects is growing every year. This year we broke the record: 493 applications were submitted for participation in the award and 70 projects received awards!" The electronic money and payment services platform Payfix was awarded a special award for its contribution to the employment of women and the Golden PSM award in the nomination "Innovative Customer Interaction". Payfix employs 176 women, which is 93% of the total number of employees.
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December 27, 2023

While the whole world is preparing to celebrate 2024, Adana is waiting for 2025

The inscriptions "2025" were placed on the square in the Seyhan district and in other places of the city. Interestingly, last year, when the year 2023 was celebrated, the inscription "2024" was displayed in the same place. Thus, the inhabitants of Adana are traditionally ahead of the whole planet :) Just like last year, the event sparked heated discussions on social media with a lot of funny comments.
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December 26, 2023

TURKSTAT named the most profitable industries and professions in Turkey

The Turkish Statistical Institute (TURKSTAT) has published statistics on citizens' incomes for 2022. The most profitable sector in Turkey turned out to be financial and insurance companies - 293.511 liras per year. They are followed by the information and communications industry - 284.842 liras per year and the field of culture, art, entertainment and sports - 229.108 liras per year. The minimum income was shown by the food and accommodation industry - 99.290 liras per year, the real estate sector - 102.109 liras per year and the construction industry - 104.768 liras per year, respectively. The gender pay gap was in favor of men at all levels of education. For the indicator calculated on the basis of average annual gross earnings, the largest difference was 19.6% for high school graduates, and the smallest was 14.5% for elementary school graduates and below.
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December 26, 2023

The Turkish President spoke at the opening of the second runway at the airport. Sabihi Gokcen

The Turkish President spoke at the opening ceremony of the second GDP at the airport. Sabihi Gokcen."With the commissioning of this new runway, we will significantly increase the airport's capacity. The new runway will be used for landings, the old one for takeoffs. Our goal is to increase passenger traffic to 85 million passengers per year. We predict that this year the airport will serve 37 million people, and in the future it will become the third busiest after Istanbul and Antalya airports. $970 million was spent on the construction of the second lane," Recep Tayyip Erdogan said
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December 26, 2023

In Turkey, the limits of poverty and hunger have been increased again

The United Confederation of Public Organizations has released data on hunger and poverty. It was stated that the hunger limit for a family of four had increased to 16,483 liras in December. The poverty line was calculated as 46,837 liras.
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December 26, 2023

Foreign pensioners will be able to import their cars to Turkey for 4 years

Foreign pensioners will be extended the period of use of a car imported into Turkey for another 2 years. Previously, the maximum possible period for a foreign car to stay in the country was 730 days. In accordance with the amendment to be made to the Presidential Decree, pensioners will be given the opportunity to extend this period for another 730 days without having to leave the country. To do this, you will need to submit an application before the end of the 2-year period of stay of the car in Turkey. The amendment will enter into force on January 1, 2024.
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December 26, 2023

The working life of foreign phones imported to Turkey will be increased from 120 to 180 days

Great news for owners of foreign phones used in Turkey. Now the period of operation of phones without mandatory registration will be 180 days! To do this, in the e-devlet system, before the end of 120 days, you need to apply for an extension of the gadget's use period for 30 days. It will be possible to make such an extension twice. To date, to register a foreign phone in Turkey, you need to pay 31.692 liras.
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December 26, 2023

The oldest olive tree in Turkey is 3,200 years old

Hatice Akturk settled in Mugla in the Milas district after working in Bursa for many years. She and her husband bought a garden with olive trees. Later it turned out that one of the olive trees is 3,200 years old, according to scientific measurements. A scientific article on the determination of his age was published in an international journal. The diameter of the trunk of this giant is 4 meters and it still yields crops, so Aktobe began to produce olive oil called Ata Ağa . Now anyone can buy this unique oil in the shops of Turkey. By the way, olive oil produced in Miass has become the fifth geographical product registered in the EU.
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December 25, 2023

Solar energy can cover up to 45% of Turkey's electricity needs

Using high-resolution satellite imagery, the potential of solar energy was calculated, which can be obtained from solar panels located on roofs in different cities of the country. The potential amount of solar energy produced can be 120 gigawatts, which will provide 45% of the country's electricity needs.
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December 25, 2023

Last November was abnormally hot and humid

Last November in Turkey was the wettest in the last 34 years and the hottest in the last 53 years. The average temperature was 12.5 degrees Celsius, which is 3.2 degrees above normal, and precipitation was 109.3 millimeters, which is 88% more than normal. New maximum temperatures in November were recorded in 67 provinces.
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