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Fusions

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Fusions last won the day on December 30 2017

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  1. Hello there folks, Couple of my friends are of opinion that they can startup a business in Turkey as expats and they are keenly looking into different domains. While my point of view is that more likely they will end up losing their money. Simply because its not easy to startup a business in Turkey and there are many reasons for my view. I would like to know if there are folks out there who came to turkey as expats and are now running successful businesses. Would they share their experience with us on this forum and their advice? cheers
  2. Many thanks Ken for your feedback. So far I have stopped looking to buy property in Turkey for reasons we all agreed upon as mentioned in our posts on here. If there is an interest to live in turkey the best option is rental. Turkey rental yield is certainly not good for rental investment concept as you rightly explained. While buy-hold-sell may be a good option for certain areas and one needs to do a lot of Due diligence about the developer before buying into it. For me this option is not appealing for the reason that one needs to hold the property for at least 5 years and during 5 year
  3. Thanks for your concur views. Yes agents are the same everywhere. However I will add a bit more. I have seen a marina project as well , its called denize istanbul http://www.denizistanbul.com/en/home I noticed that in Turkey the quality of some projects are really of high standard, they also deliver with slight delay. The issue is the false appreciation in price claim. First of all a foreigner can not sell once the property is handed over unless he agrees to pay 18% tax which virtually offset any appreciation. So he needs to wait 5 years. Second most of the countries you m
  4. What you quoted above is what I have observed in my visit and have expressed the same in one of my post. The real estate property market in Turkey for making money as buy n sell for foreigners is not a good idea for me. Buying as an end user is fine. Local population has less buying power and they usually opt for buying into projects which jv with local banks on a long term mortgage. The foreigners are lured by the many arab speaking agents with a false promise that their properties when completed will be sold for 20 percent appreciation. I known a few of em who have bought and now cant
  5. Is there any statistical chart available where by country we can see the residence permits granted by Turkey say for 2016 cheers
  6. Yes I have no idea about it , my level is basic or below :-(
  7. I have downloaded an application on my mobile https://www.duolingo.com/course/tr/en/Learn-Turkish-Online I will play with it for a month and see how it goes cheers
  8. hello and good evening, I would like to know how easy it is to learn the language and are there professional teachers for remote teaching? cheers
  9. More likely will be the case then , which is to use turkey as an end user against foreign income. Same is the case for property investment as well. Thanks for your valuable input buddy
  10. Some one I know for a year has offered me to have a startup for a coffee shop in istanbul, whereby I would invest all of the money and he would take care of he business. He said the business has good potential if coupled with a unique idea. What is your opinion as am not living in istanbul cheers
  11. Well let me share my views/questions. Its about the comfort level. While I visited Istanbul and have seen a lot of folks from different parts of the world, yet there is no common language developed as means of communication. For example in dubai, the public and private sectors english is understood to be the medium of communication and for a person to choose a 2nd home, it makes a big difference. In turkey it was really tough for us to communicate in english. Apart from this disadvantage, which is a big one, i found the place better than Dubai in so many ways (cost of living, weathe
  12. I already have the residence permit of uae because of the property purchase. However I am looking for some on who choses one over others and how was his experience
  13. Hello Folks, Has any one moved to Turkey from UAE and what was his/her experience like? I am not sure of which place to choose dubai or istanbul.... any ideas? cheers
  14. I can visit Turkey via e-visa valid for a short period of time. However I would like to get a residence permit for myself and family. Do you know the procedure and the cost per person?
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