We are devastated by the tragic explosion that happened in Lebanon. Our hearts, prayers and minds are with Lebanon and with those lives lost and those families affected.
As Brexit procedures go on, each country within or out of EU tries to figure out how to manage the further relationships with United Kingdom. Turkey, having UK as its second largest trade partner, just before Germany, is among them- yet with great success. Indeed, as per the latest announcement of Turkey's Minister of Foreign Affairs, Mevlüt Çavusoglu- Turkey is very close to signing an FTA or Free Trade Agreement with UK, especially on manufactured goods, agriculture and services. After HE Çavusoglu's meeting with UK Foreign Minister Dominic Raab, UK authorities also confirmed the talks are "going well".
News by Financial Times underlines that there are 2500 UK firms operating in Turkey and many TR firms in UK as well. There are also estimated 350.000-400.000 Turks living in UK, benefiting from Ankara Agreement. Mr. Çavusoglu confirmed that, apart from the FTA, an agreement similar to the Ankara Agreement that allowed Turkish people to live and work in the UK freely is being negotiated.
Applicants of Turkish Citizenship from Hong Kong, China, India, Bangladesh and Vietnam have, among their top motivations, access to UK and US- enabled by Ankara Agreement.
Data released by the Foreign Investors' Website of General Directorate of Title Deed and Cadastre shows the top demand for Turkish Citizenship came from Iran with 2093 applications- followed by 1252 Afghan and 1153 Iraqi applications. Yemenis, Palestinians, Jordanians, Chinese, Libyans, Egyptians and Pakistanis are also in top 10. Followers include Indians, Russians, Ukrainians, Lebanese, Bengalis and Malaysians -data shows.
As per the June 2020 Foreign Property Sale Statistics, regularly released by General Directorate of Title Deed and Cadastre, the foreign sales dropped only 27% between last years January to May and this years January to May despite stopped flights and COVID-19 pandemic.
1.644 units of real estate were sold in Turkey in June 2020 to foreigners. Iranians purchased 398 units of real estate as the top investor nationality, followed by Iraqis (275), Chinese (78), Azeris (70) and Russians (63). Main motivation behind those real estate purchases is Turkey's leading Citizenship by Investment Program that attracted 9011 applicants until today.
Resource [May Statistics]: https://www.tkgm.gov.tr/tr/icerik/mayis-2020-konut-satis-istatistikleri