News

The news many have been waiting for years has finally become reality. Turkish authorities have made a decision that could significantly change the Alanya real estate market. Areas that were long closed to foreign citizens seeking residence permits are gradually becoming accessible again. For many buyers, this event has become a real wake-up call. Thousands of families had been putting off moving to Turkey's Mediterranean coast precisely because of the existing restrictions. Now...

Turkey has a unique football atmosphere. The national team has officially departed for the United States to compete in the 2026 FIFA World Cup, already being called the largest tournament in the history of world football. Hundreds of fans gathered along the roads and near the airport to see their favorites off to the planet's premier football tournament. En route to the airport, the team was accompanied by an impressive motorcade of cars adorned with Turkish flags.

Formula 1 has officially announced the return of the Turkish Grand Prix to the World Championship calendar. Starting in 2027, the race will once again take place at the Istanbul Park circuit and will remain on the schedule until at least the end of the 2031 season. The event will be organized by TOSFED with the support of the Turkish Ministry of Youth and Sports. The Turkish Grand Prix was last held in 2020–21, during the pandemic. Then, in 2020, Lewis…

In Laodicea, archaeologists have made a discovery that is already being called one of the most interesting in recent memory. The discovery was announced by Minister of Culture and Tourism Mehmet Nuri Ersoy. During excavations in the ancient city's Western Theater, a marble statue of the goddess Athena, approximately two meters tall, was discovered. The sculpture was located under rubble near the building's outer wall, lying face down. However, the statue's head has still not been found.

Turkey is currently discussing changes to tax legislation that could significantly impact relocation and investment decisions. The gist: If a person has not been a tax resident of Turkey for the past three years, their foreign income may be tax-exempt for up to 20 years upon moving here. It doesn't matter what citizenship they hold. Transferring capital to Turkey (money, gold, real estate, securities) will incur a tax on...

Since April 1st, it's been available in all 81 provinces. Speeds have increased exponentially, and latency is minimal. But it's not even about the internet. It's about something else—the country's level. They're immediately laying down: - licenses until 2042 - up to 60% of local production. In other words, Turkey isn't just buying technology; it's trying to make it locally. It's always about a long-term strategy.

Great news for families living in Turkey. What's changed? Now, unmarried children over 18 who live with their parents can renew their residence permits even after turning 25. Previously, residency permit renewals for children were only possible until they reached 25. Now: The age limit has been lifted—a significant relief for many families. Requirement: A certificate of marital status with an apostille confirming that the child...

Minister of Culture and Tourism Mehmet Nuri Ersoy presented the 2026 budget report. The results are impressive. Tourism in 2025 is a historic record: 50 million tourists in January–September, generating $50 billion in revenue. Growth in the global rankings: - from 8th to 4th place in tourist numbers - from 15th to 7th place in revenue. The best news for those who appreciate history and archeology: …

MASAK under the Ministry of Finance is introducing a new procedure for large-scale cash transactions to improve transparency and combat illicit financial flows. Effective January 1, 2026, all transfers of 200,000 TL and above will require mandatory clarification: 200,000–2 million TL – a brief description of the purpose; 2–20 million TL – a mandatory notification form; 20 million TL and above – a detailed explanation…

  The Antalya Free Economic Zone (FEZ) continues to show impressive results. The combined revenue from the sale of 830 luxury yachts built in Antalya from 2000 to 2025 reached $2.36 billion. These figures place the Antalya FEZ among the world's top three superyacht producers. In 2025 alone, 57 new yachts were built, generating $200 million in working capital for the region. Today, 79 companies operate in the FEZ, including…