Turkey, noting significant progress with its developing economy in recent years, investments in construction and real estate sectors, is becoming a center of attraction for institutional and individual investors. In this process, the country offers significant opportunities to foreign investors who need to master local dynamics to make successful investment decisions. As Trem Global team, we are closely following developments in order to provide support to investors in real estate acquisition and investment issues, which are highly dependent on internal and external factors and have unique problems, with our experienced and industry-dominated staff. In order to meet the needs of our customers in Turkey, and to help them achieve successful results in investment decisions we present Real Estate Acquisition and Investment Guide in Turkey to the investors, where we provide sector-specific knowledge. The information in this guide is general, not social, tax or legal advice.
In 1923 Modern Turkey as the main heir of the Ottoman Empire, by winning the war of independence, turning to the west in industrialization in order to rise above the level of contemporary civilizations through social, political and legal reforms is established under the leadership of Mustafa Kemal Atatürk who then receive the title \"Father of the Turks\" as a national hero.
The Turkish Republic, which was founded on a secular political system in order to realize Turkish modernization, has a multi-party political system and a liberal economy and is governed by a democratic unitary constitutional presidential republic since 1946.
Being a member of the European Economic Community in 1963, Turkey joined the EU Customs Union in 1995 and began full membership negotiations with the European Union in 2005. The country is also a member of organizations such as Turkish-Speaking Countries Cooperation, International Organization of Turkish Culture, Organization of Islamic Cooperation and Organization of Economic Cooperation. Today, Turkey thanks to a growing economy and diplomatic initiatives are accepted as a regional power.
The president of the country is elected by direct elections for a period of five years and cannot be elected more than twice. The executive power is exercised by the President, who is the head of state. Legislative power belongs to the parliament called Grand National Assembly of Turkey and with the uniform parliamentary system, 600 MPs are elected by secret ballot for four years.