With a $400,000 investment, Russian citizens can obtain new nationality and circumvent the hell of western sanctions, though Washington isn't happy about it
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Tekce Comments About Wealth Amnesty Creating a Large Foreign Capital Inflow to Turkey
Tuesday, February 9, 2021 1:30PM IST (8:00AM GMT)
Tax benefit provided to the persons for bringing their money, gold, funds, and other capital market instruments held abroad, provided a large capital inflow to Turkey. With the new amendment, the application period was extended until June 30, 2021.
Istanbul, Turkey:
The legislation known as ‘Wealth Amnesty’ allows the legal entrance of the funds, gold, securities and other market capitals into Turkey, without being subject to tax, with the condition to be declared until June 30, 2021.
(Photo: Business Wire)
While there was 1% or 2% tax in the past applications, with the current law, applicants started to benefit from this practice with 0% tax advantage. Natural and legal persons who have reported their wealth abroad to a bank or brokerage house in Turkey until June 3
Tekce Overseas: Bitcoin Peaked, Profit Realized in Real Estate
Publications by the Newswire.
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state market as the main area for profit realization. Bayram Tekce, the Chairman of Tekce Overseas Gayrimenkul A
S
dozens
of property sales with crypto currencies within the last 2 months.
ISTANBUL, Feb. 4, 2021 /PRNewswire/ Since the Bitcoin price entered an upward trend, international investors started to seek investment areas for profit realization. In this sense, one of the most important markets was real estate. While crypto currencies reach record values, the investors chose the real estate market as the main area for profit realization.
Evaluating the developments in the market, Bayram Tekce, Chairman of Tekce Overseas, stated, With our goal to be a pioneer in PropTech, crypto payment methods were always on our agenda. In this period, when the value of Bitcoin reached record levels, we created a significant value with the reliable and easy payment methods we offer