REAL ESTATE PROPERTY SALES TO FOREIGNERS
NOW IS LEGALIZED BY THE TURKISH GOVERNMENT
Due to the recent developments in regulation for real estate sales to foreigners in Turkey; the 2,5 hectares limitation for real estate purchases of foreigners shall be increased to 30 hectares. Additionally, according to the Act Number 6302 amending article 35 of the “Turkish Deed Act”, the principle of reciprocity will no longer be taken into consideration for real estate sales to foreigners.
Other Professional Services
Here below you will find out the other professional services given for all kind of investments in Istanbul and Turkey.
Foreign Direct Investment
With its deep knowledge and immense experience in the field of foreign direct investment, Invest Istanbul has successfully advised a significant number of domestic and foreign clients with their investment projects in a wide range of industries across Turkey. Advising on private equity and venture capital is one of our Firm’s main areas of work. Our specialized teams advise nationally and internationally active financial investors, private investors and family offices as well as the businesses to be financed and their shareholders/partners on all aspects of a transaction.
The emphasis of our services in this area is on; investment structuring, legal and tax due diligence, drafting and negotiating the necessary contracts, including the financing and investment agreement, the shareholder/partnership agreement and the articles of association/partnership agreement, registration of company formation and any related procedures, legal compliance in on-going operations in areas including corporate governance, customs, tax and labor, structuring the management and employee participation, restructuring, dissolution and liquidation procedures.
Real Estate Law
Invest Istanbul also advises on cross-border transactions working together with our alliance partners. We assist our clients through every phase of a transaction.
The spectrum of our services in this area particularly includes; preparing and managing the sale and purchase processes before Land Offices (bidding process, data room, letter of intent, exclusivity and confidentiality agreements), dispute resolutions for real-estate conflicts, drafting and negotiation of sale & purchase agreements, “flat-for-land construction” agreements, “sale promise” agreements, mortgage agreements and proceedings for registration of mortgages, overall structuring of the corporate aspects (special purpose vehicles, funds, joint ventures), tax structuring, advice on investment law, due diligence inspections including vendor due diligence, drafting, negotiating and implementing contracts, merger control, acquisition financing (credit agreements, security)
Merger & Acquisitions
Invest Istanbul advises a wide range of domestic and multinational clients on all aspects of corporate acquisitions and mergers. Our services mainly include; advising on merger control and merger filings, share sales and acquisitions, establishment and operation of joint venture companies, public takeover offerings, transfer of business assets and restructurings.
Invest Istanbul offers a wide range of services regarding advising on general taxation, carrying out tax procedures, proceedings and dispute resolution along with taxation of particular transactions.