The law of reciprocity will not only accelerate the housing sales but also other foreign investments in this aspect in Turkey. The Minister Bayraktar said the law would certainly pass within 2 months and also added that the foreign funds are also expecting the emergence of the law.
The unknown points of reciprocity law which will resource of annual 5-10 billion dollars input became clear.
The Environment and Planning Minister Erdogan Bayraktar answered questions on when the law will pass and what restrictions will be.
Bayraktar said that reciprocity law, firstly taken up the Council of Ministers as a draft, became now a draft bill and it will take from 1.5 to 2 months to pass (definitely).
Ratios Were Determined in Each Province
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