Utility payments in Turkey have certain features that distinguish them from what we're used to in other countries. In this article, we'll tell you about aidat, an important part of expenses for Turkish property owners: types of payments, payment methods, and consequences of non-payment.
Purchasing property is an important step that requires careful attention to detail. In Turkey, one of the key documents confirming the legality of property use is the technical passport called Iskan. In this article, we will examine in detail what Iskan in Turkey is, what information it contains, when it is issued, as well as the types and process of obtaining it.
According to an analysis by Tranio, based on data from the Dubai Land Department, developers in Dubai have made significant strides in reducing construction delays. The median delay has decreased from 7 months in 2022 and 4 months in 2023, to just 2 months in 2024.
The UAE stands out as a jurisdiction with an exceptionally favourable tax regime. Unlike most international markets, the overall tax burden is significantly reduced, with some recurring taxes absent altogether.
In Turkey, apartments, houses and residential complexes are in demand by both locals and foreigners. Popular cities for foreigners to buy property are Istanbul, Antalya and Mersin.
Turkey is a country where rich history, diverse culture, and a developing economy intertwine. In recent years, it has become a popular destination for foreign professionals looking to build a career or start a business in this picturesque corner of the world.
In 2024, demand for overseas real estate remained robust, sustaining the high levels seen in 2023 while evolving in both geographic distribution and transaction structure.
Historically reliant on hydrocarbon extraction and exports, Oman has embarked on a strategic shift to diversify its revenue streams. The government is actively promoting non-oil sectors, aligning with its Vision 2040 framework to foster long-term economic sustainability.
Tourists in Turkey usually find their home country's driving license sufficient, while those staying longer may need an international driving permit or a Turkish driving license. The required document type depends on the length of stay in the country and what type of license the foreign driver already has.
Despite Turkey being a large country, travelling around it is relatively easy as the country's transport system is very well developed.
In October 2022, Tranio proudly unveiled a co-investment opportunity in The Community, a residential development in Motor City. This exclusive proposition invited discerning partners and clients to engage at the project’s inception, leveraging Dubai’s dynamic market potential for sustained growth over the coming years.
Health insurance in Turkey is a necessity for anyone planning to stay in the country, whether they are a tourist or a permanent resident. Medical insurance protects against unexpected health expenses and ensures access to healthcare services. Turkey is one of the leaders in medical tourism due to the high quality and affordability of treatment.
The Sultanate of Oman was unified in 1970. Before this, the country was known as the Sultanate of Muscat and Oman, reflecting the historical distinction between the coastal areas around the capital and the autonomous inland regions.
Oman is increasingly gaining attention as one of the most attractive investment destinations. However, Omani citizenship has yet to become a major draw for international investors. This is largely due to the restrictions on dual citizenship and the fact that the naturalisation process is available only to a limited group of individuals.
Economic diversification has long been a priority for Gulf nations, with each country adopting its own strategy. The UAE leverages soft power and flexibility, Saudi Arabia pursues an aggressive approach with ambitious megaprojects and its “one regional HQ” policy, while Oman takes a balanced path, integrating the best of both strategies.