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What guarantees do investors have in Turkey that they'll get a return on their CBI investments?

When an investor buys real estate in Turkey for at least $250,000, what guarantees, if any, does the Turkish government or the developer give to the investor that at the end of the three-year period for which the investment must be maintained, the investor would get the same amount, if not more, back? Is it better to invest in capital investment if an investor does not want to lose money in the long term because of the rapidly depreciating Turkish lira?


Answers
  • ADMD Mavioglu & Alkan Law Office
    November 18, 2021

    No specific guarantees are available for financial losses. Choosing the option to keep U.S. dollars at Turkish banks or picking up a real estate that could maintain its value (even after depreciated Turkish lira) might be wiser options.