- 1 Turkey’s history :
- 2 Also,
- 3 Establishing…
- 4 The cost of living in Turkey:
- 5 About transportation fees:
- 6 Economy there.
- 7 Taxes
- 8 What Turkey famous for:
- 9 About the number of sold homes…
- 10 Finally:
Turkey’s history :
Aside from the Ottoman state’s defeat during the First World War, there are several factors that contributed to the emergence of the new Turkish state. These include the ethno-religious conflicts in Anatolia, which led to the destruction of the Christian population in the country, effectively making Turkey a homogeneous Muslim state.
There was also the rise of the active participation of the military in politics after the First World War as shown in the so-called Young Turk Revolution in 1908. Ten years later, Mustafa Kemal (Atatürk) and other army officers dominated the politics that finally established the nationalist Republic of Turkey out of the Ottoman Empire.
The establishing of Turkey based on the ideology found in the country’s pre-Ottoman history and was also steered towards a secular political system to diminish the influence of religious groups.
The cost of living in Turkey:
Cost of living is an important factor in deciding whether or not to stay. Turkey includes more than seven million Arabs, and their citizens are using all its requirements of housing, clothing, health insurance, services, and transportation.
1 – General insurance:
SGK Free health services for all family members in all government hospitals. The average medical examination is 50 -150 lira. In recent years, the private clinics of Syrian doctors have a low cost.
2 – In terms of housing and rent,
prices vary from one city to another. Totally, foreigners earn monthly salaries which are the standard.
3 – Transport and transportation service:
There are thousands of transportation available for residents by Dolmache bus and taxi.
About transportation fees:
Metro ticket price 1.75 Leera, children up to the age of eight free tickets valid, the tickets will never expire.
Istanbul kart is an electronic wallet similar to what is used in European countries when you take a bus or a dolmush; it’s placed on a device near the driver deducting the fare.
The Akbil key like a ticket can be recharged and fit for different means of transportation.
Turkey is the world’s third-largest economy and fifth largest economy compared to the European Union in 2017, it is one of the fastest growing economies.
Foreign investors are interested in investing in Turkey and the foreign economy has reached about $ 193 billion in the last 15 years.
Among the most important reasons for the success of the investment in Turkey is the reduction of taxes, where the corporate income tax was reduced by 10%
What Turkey famous for:
Also, Turkey is one of the biggest real estate markets for Europe’s future and offers great opportunities with the real estate investment sector. Turkey is becoming increasingly important for real estate investors because of its strategic location in Europe, the Middle East, and Central Asia. Turkey achieved a position in the best performing housing market, according to Knight Frank International House Price Index.
About the number of sold homes…
The number of homes sold in the real estate market in Turkey was 1.431.548, and the number of foreign buyers began to increase in 2012
Home sales in Turkey rose by 5%. Istanbul is at the top of the list of homes sold Turkey, which is the sixth largest tourist center in the world, is preparing to welcome more than 40 million tourists annually over the next few years, continuing a significant industry that provides investment opportunities.
An economic jump occurred in the Turkish economy over the last 10 years. The Turkish economy is expected to become one of the fastest growing economies in the period 2014-2016, attracting nearly $ 15 billion annually as foreign investment in Turkey. The government treats with Foreign and Turkish investors with the same laws.