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“New reforms set to boost Turkish economy” promises Finance Minister

Erdogan

Last weeks Turkish election results certainly shocked a great many people including ourselves. It’s only now, a few days later, that we are starting to see a glimpse of what our new parliament has planned for the country. The past 12 months have been tough for Turkey. Since the Justice ... Read More »

Turkey celebrates Republic Day October 29th 2015

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Iyi Bayramlar from everyone at Oceanwide Properties. Today Turks everywhere celebrate Cumhuriyet Bayrami, or Republic Day as you may know it. Today marks the anniversary of the declaration of independence in Turkey. A historic day and a national celebration. The 29th of October each year is a public holiday in ... Read More »

Turkish citizenship for owners of a property in Turkey?

TurkishFlag

Suprising news came to light this weekend. Turkish Economy Minister Nihat Zeybeki is said to be proposing a bill to allow foreign investors and those owning a property in Turkey the right to claim Turkish citizenship. You can tell the election is getting close when proposals that sound almost too ... Read More »

Turks residing abroad head home to buy Turkish properties

currencies

With the exchange rate standing at well over 4.5 TL to the pound, 3.38 TL to the Euro and almost 3 TL to the US dollar (according to Garanti Bank today), Turks living abroad are now rushing back home to buy up Turkish properties before the November 1st election. There ... Read More »

Bye Bye Thomson’s – the loved brand name is to be phased out in favour of TUI

Thomsons

Bye Bye Thomson’s –  the loved brand name is to be phased out in favour of TUI The familiar British tour operator brands of Thomson and First Choice are to be phased out, reports the Daily Mail and The Guardian. Thomson’s has been a well loved high street and online ... Read More »

Important! New changes to the Turkish residence permit application process

pasaport

Important! New changes to the Turkish residence permit application process An important notice for foreigners living in Turkey requiring a residence or work permit – new changes to the application processes have been announced. Perhaps the two most informative news articles we have read regarding the new Turkish residence permit ... Read More »

Electric cut causes chaos across Turkey

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Massive power outages across almost all of Turkey caused chaos yesterday, as all those visiting their property in Turkey for Easter are no doubt aware. Those of us living in Turkey, especially in some of the more remote coastal areas and villages, will be used to power cuts. In fact, ... Read More »

Good news may be in store for foreigners looking to work in Turkey.

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Good news may be on the horizon for some professional residents and people with a property in Turkey and the desire to work in the country. It may get easier for foreigners to secure work in Turkey should the government pass a proposed new bill. Last month a new draft ... Read More »

Important! 2015 New Turkish Residency Laws Explained

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If you have Turkish residency, or intend on buying a property in Turkey, Oceanwide Properties suggest you read this article. There has been a lot of ex-pat social talk recently regarding changes to the Turkish residency laws. As those that live here will know, there always seems grey areas for ... Read More »

Snack Giant Yildiz Holdings Buys UK’s Home of McVities – United Biscuits

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Tasty Turkish news was announced recently as Yildiz Holdings, best known for their popular Ulker brand, announce they have brought UK biscuit and snack giant United Biscuits in a deal worth an estimated £2 billion. Yildiz Holdings is the largest food and beverage company in Turkey. They employ over 41,000 ... Read More »

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