October 23, 2023
Istanbul-Ankara travel time will be reduced to 80 minutes with the help of a superfast train
Minister of Transportation and Infrastructure Abdulkadir Uraloglu made an announcement about the Istanbul-Ankara superfast train project, which is planned to be realized by 2028. The project will shorten the distance between Istanbul and Ankara to 80 minutes.
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October 22, 2023
Important changes have been made to the short-term rental law
Alanya Contractors Association (MÜTBİR) President Mustafa K ker said that the short-term rental law recently approved by the national assembly has been amended. It is reported that residences and villas will be exempted from the need to obtain consent to rent out the property from all homeowners. It is not yet clear which complexes fall under the definition of "residence", however, developers report that the vast majority of properties already built and under construction fall under this definition. https://www.buyukalanya.com/kucuker-alanya-icin-buyuk-kazanim/209220/?fbclid=PAAaYKhErrKtrRTkmu4y-pC7Yj_Ty_B3r0qFQmCqG7EqFCHmLWV7LF2pZxJ3U_aem_ASp_hcijyuzZya5qr7R5CGbWnAgau4uF5zHAfRAPXY9rZliIFNMKYbzMpAvWx3Kg6hY
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October 22, 2023
Turkey's former Interior Minister Suleyman Soylu is running for Ankara mayor
S zc journalist Aytun Erkin reported that Suleyman Soylu expressed his desire to run for mayor of Ankara during a meeting with Turkish President Recep Tayyip Erdogan. Suleyman Soylu is characterized as a rather tough politician. He is currently a deputy from the ruling AK Party.
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October 21, 2023
Social media in Turkey calls for boycott of Israeli-made goods
Protests against Israel's actions were held in many cities of Turkey. In addition, in social networks citizens are urged to boycott companies that are directly or indirectly related to Israel. Instead of Israeli goods, citizens are encouraged to buy products of local Turkish manufacturers.
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October 21, 2023
Turkey's Central Bank announced year-end inflation and dollar exchange rate forecasts
The Central Bank published the "Market Participants' Survey for October 2023" with the participation of 70 representatives of the real sector, financial sector and other professionals. According to it, the year-end inflation forecast was 68.01% and the dollar exchange rate forecast was 30.05 liras. Expectations for the 12-month US dollar exchange rate increased from 37.26 liras to 38.64 liras. The 12-month CPI (consumer inflation index) expectation increased from 44.94% to 45.28%.
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October 21, 2023
Mersin fishermen are happy with the season and good catches
In Turkey, September, October and November are known as the months with the most fish. The stalls are overflowing with fish, and the prices are happy. Adnan Polat, president of the Mersin Fishermen's Association, said of the current fishing season. "We are satisfied with this season and the good catch. It is really a difficult job to catch and deliver fresh fish to the consumer. Despite this, we are selling it at affordable prices. Because of the affordable prices, sales are doing very well. We sell sardines and anchovies for 50-60-70 lira, mullet for 80-90 lira, and mullet for 80-150 lira depending on its length and size. If we compare it with other food products, the prices are quite reasonable. There are many varieties of fish in the Mediterranean Sea: mullet, mackerel, mackerel, sardine, sea bream, sea bass and others. By the way, sardines are the richest in omega-3 content".
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October 20, 2023
Turkey's mushroom growers report high yields this year
Turkey's forests are giving mushroom pickers a good harvest this season. Mushroom pickers collect 10 to 30 kilograms of mushrooms per day and sell the products to exporting companies at a price of 120 to 150 liras per kilogram. They, in turn, send the mushrooms to European countries, especially Italy and Spain.
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October 20, 2023
The Viking ship "Saga Farmann" will be on display in Istanbul until the end of October
Istanbul residents and guests have a unique opportunity to visit the famous Rahmi M. Ko Industrial Museum, where the Saga Farmann, an exact replica of the Viking cargo sailing ship Klastad, will be on display until the end of October. Saga Farmann, which set sail from Tonsberg, Norway, in April this year, traveled 3,500 kilometers through more than 100 canals and arrived in Istanbul in August. The 20-meter-long ship will soon be put under repair at the City Lines Hali shipyard and will sail to the Mediterranean upon completion.
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October 20, 2023
Turkish government to pay 75 million liras to farmers under agriculture support program
Agriculture and Forestry Minister Ibrahim Yumaklı announced that 75 million 877 thousand liras of agricultural support payments will be transferred to farmers' accounts. "As part of our projects for the development of the agricultural sector and production of certified seeds, today we will transfer 75 million 877 thousand liras to the accounts of our farmers," the minister wrote on social media.
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October 20, 2023
Interest-free loans will be given to newlyweds in Turkey
According to a program developed by the government, newlyweds in Turkey will be given an interest-free 5-year loan of 150,000 liras with a deferred repayment for 2 years. It is reported that the program will operate on a permanent basis and the amount of the loan, which can be taken by newlyweds, will be indexed to the current inflation rate.
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October 19, 2023
Threshold of real estate value for obtaining residence permit on tapu in Turkey increased to 200.000 dollars
Migration Service of Turkey has confirmed the increase in the threshold of real estate value for obtaining residence permit on tapu to 200.000 dollars. According to the new rules for obtaining a residence permit on tapu must be cadastral value of real estate, specified in the tapu, should not be less than 200.000 dollars. In this case, the value of several properties are not summarized. To foreigners who bought real estate in the period from 26.04.2022 to 16.10.2023, the new rules do not apply and they will receive / extend residence permit under the old rules.
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October 19, 2023
Ministry of Environment, Urbanization and Climate Change to auction 462 plots of land in 42 provinces in Turkey
TOKI's Ministry of Environment, Urbanization and Climate Change will hold an auction to sell 462 plots of land in 42 provinces. The auction will be held on November 1-2. It will sell land plots intended for residential, commercial, industrial, tourism and other facilities. The lands can be purchased for cash or with a 35% down payment and a repayment period of up to 48 months.
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