The Turkish government recently extended tax exemptions for investors to the auto industry, but as yet analysts are unsure of the effect this will have. They are unsure as to whether this will help increase domestic production of vehicle components, or if it will help the government finally realise its dream of producing a fully [...]
I once wrote a comprehensive guide on what to look for in an overseas buy to let (aka fly to let) investment, and how to avoid the pitfalls of such an investment. So, I thought it would be a good idea to do a series of articles looking at various markets and how they stand [...]
Ratings agency Fitch has finally bitten the bullet and done what Turkey and its AK Party has wanted, hoped for and frankly expected of it and the other ratings agencies… You guessed it, Fitch has given Turkey an upgrade to investment rating. Specifically, Fitch upgraded Turkey’s long-term foreign currency Issuer Default Rating (IDR) to ‘BBB-’ [...]
