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Foreigners

Michael Moore Says ?Free? Film Not Free to Foreigners?
2008-10-08 17:51:00
-By Warner Todd Huston Left-wing, faux documentary filmmaker Michael Moore famously announced late last year that his newest film would be a “free” download on the Internet. He claimed that his new film was a “free” gift to all his fans. Apparently, he didn’t really mean “all” his fans, though. It turns out that his lawyers ...
July & Kal show match vs. foreigners before big tournament
2008-08-05 14:49:00
As an exhibition in preparation for this large event, we will be having 2 matches between top pro gamers and top foreigners.First up will be none other than the TeamLiquid Star League champion MYM.IefNaij against STX_Kal, one of the hottest protoss players in the world.IefNaij (also known as JF) showed us in the TSL that his PvP was unparalleled in the foreigner scene, but will it be enough for this pro?The next battle will be of NonY against the OnGameNet Star League 3 time champion JulyZerg...
China's Food Business: What It Takes For Foreigners To Succeed.
2008-08-01 00:13:00
China Business Blog and Podcast just did a post on a CNBC television appearance this morning by Technomic Asia's Steve Ganster. Because so many of my firm's clients are in the international food business and because I see China as a tremendous market for Western food companies, Steve's analysis is of particular interest to me. The key takeaway from Steve's interview is this from the China Business Blog post: As companies are learning that what works at home won’t necessarily work abroad in the Chinese marketplace, they’re finding new ways to cater specifically to the needs and desires of Chinese people — rather than shoe-horning American products into a distinctly non-American set of tastes. Check it out.
FOREIGNERS
2008-06-10 09:29:00
by David ChorltonWhere are you from? You always have to ask.It hurts not to know. The accent won’t let you rest.Anyone can tell a foreigner by listening. The other countryis buried in every word. You can ask in a tentative voicepretending to be curious as if it really doesn’t matteryou’d just like to know. Or you can emphasise the youto be offensive because you’re not a foreigner. You’re home.You belong. Do you like it here? You ask that too.You only want one answer and if you get anotheryou’re upset. You’re insulted. How insulteddepends on the degree of foreignness. Some foreignerslook like you. They come in small groups. Singles.Married couples. Others come in multiples. They insiston shipping in their culture and unloading itin neighbourhoods that look as if they’d seceded.When you say foreigners these are the ones you meanbecause the others are invisible. One foreigner doesn’t disturb you. One alone doesn’t take a lot of space. A country of onecan be easily i...
JPMorgan's Fernandez Says Foreigners Buying Vietnamese Stocks
2008-06-10 07:56:00
David Fernandez, head of emerging markets research at JPMorgan Chase & Co. in Singapore, comments on Vietnamese stocks. Fernandez spoke in a Bloomberg Television interview today. The VN Index, a measure of 151 companies on the Ho Chi Minh City Stock Exchange, fell 1.61% to 373 today, the lowest since Feb. 23, 2006.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Banned from buying houses, foreigners opt for long lease
2008-06-06 08:41:00
With the Goa state government ?banning foreigners from buying properties in the state?, local builders have fine tuned their strategies and are promoting five-year leases among tourists. There are no official figures to prove the trend, but lawyers and builders agree that this is definitely increasing, with several builders from the state organizing road shows and exhibitions in UK to attract customers to Goa. But something needs to be done as houses are being leased to foreigners at a huge price, making it difficult for Goans to invest in homes. Purchasing of property by foreigners has come to a standstill and it?s difficult to execute any deed of sale as the procedure is no longer simple, thus forcing them to seek options like lease, if they intend to stay for long periods in the state. Non-residents require permission from Reserve Bank of India to purchase a house or property in Goa. ?But if the foreigner stays 182 days in India and shows the intention to reside for indefinite pe...
June 05, Foreigners Net Buyers Of VND3.7 Billion Of Shares
2008-06-05 12:55:00
Foreign investors were net buyers of VND3.7 billion ($231, 350) of Vietnamese stocks Thursday, out of a total of VND36.5 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.3 million shares, with foreigners accounting for 30.2% of the total, according to the stock market operator.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Reintegration of foreigners begins
2008-06-05 08:46:00
The Tshwane Metro Municipality is to partner with NGOs and the United Nations on a campaign to reintegrate people from other African countries back into local communities following the recent outbreak of xenophobic violence.
June 04, Foreigners Net Buyers Of VND17.2 Billion Of Shares
2008-06-04 12:50:00
Foreign investors were net buyers of VND17.2 billion ($ 1.07 million) of Vietnamese stocks Wednesday, out of a total of VND45.48 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.3 million shares, with foreigners accounting for 33%, the stock market operator said. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
June 03, Foreigners Net Buyers Of VND4.4 Billion Of Shares
2008-06-03 13:25:00
Foreign investors were net buyers of VND4.4 billion ($275, 600) of Vietnamese stocks Tuesday, out of a total VND32.5 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.09 million shares, with foreigners accounting for 28.4% of the total, according to the stock market operator.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigners eager to restart their lives
2008-06-03 11:20:00
Foreign nationals who have been moved to temporary shelters in Noordwyk near Midrand have spoken of their desire to be reintegrated back into their communities as soon as possible, as they want to restart their businesses and continue with their livelihoods.
Banned from buying houses, foreigners opt for long lease
2008-06-03 09:14:00
With the state government ‘banning foreigners from buying properties in the state’, local builders have fine tuned their strategies and are promoting five-year leases among tourists. There are no official figures to prove the trend, but lawyers and builders agree that this is definitely increasing, with several builders from the state organizing road shows and exhibitions ...
Visiting Foreigners' Guide To 2008 Beijing Olympics
2008-06-02 14:55:00
China on Monday released a legal guide for foreigners about a wide range of issues such as their entry, exit, tourism and accommodation in the country.The guide, posted on the Beijing Olympic organizing committee's official website www.beijing2008.cn, includes 57 question-and-answer items for foreign athletes, officials, reporters and tourists. The guide says those who are believed to be likely to carry out terrorist, violent or subversive activities are not allowed to enter China.Click here to view the arrival and departure guidelines.Notice on the procedures for setting up Beijing Olympic 'One-Stop' services.
Foreigners Net Buyers Of VND5.4 Billion Of Shares
2008-06-02 13:57:00
Foreign investors were net buyers of VND5.4 billion ($337, 710) of Vietnamese stocks Monday, out of a total of VND44.4 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.1 million shares, with foreigners accounting for 22.4% of the total, according to the stock market operator.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
May30, Foreigners Net Buyers Of VND49.6 Billion Of Shares
2008-05-30 11:37:00
Foreign investors were net buyers of VND49.6 billion ($3.1 million) of Vietnamese stocks Friday, out of a total of VND114.5 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 4.7 million shares, with foreigners accounting for 48.9% , the stock market operator said. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigners Violated FEMA to Buy Land in Goa
2008-05-30 08:31:00
The investigating officer of the Enforcement Directorate (ED) has completed the inquiry and submitted the report to the Adjudicating Authority in 12 cases of foreigners having violated provisions of the Foreign Exchange Management Act (FEMA) while buying land in Goa. The investigation officer A K Singh, who is the assistant director of Enforcement Directorate, has submitted ...
Foreigners can?t retire in India
2008-05-29 19:56:00
After spending eight years in Goa, a British couple in their 60s?Mash Barry Sidney and Jenice Mash?decided to make the idyllic coastal state their permanent home after retirement. But it wasn’t to be, as they were told that the Indian law forbids retired foreigners from staying permanently in the country. “When we applied for extension of ...
By: Goa Blog
Goa land purchase: DoE serves show-cause notices to foreigners
2008-05-28 22:18:00
The Directorate of Enforcement has served show-cause notices to foreigners who have purchased properties in Goa allegedly in violation of the Foreign Exchange Management Act (FEMA). The notices, issued directly to the parties and also through the Goa government, has asked why their properties involved in the contravention of the FEMA should not be confiscated to the Central government account in terms of section 13 (2) of FEMA 1999. Also, all the respondents (foreigners) have to appear in person or through legal practitioner at DoEs Mumbai office at different dates as mentioned in the notice. Goa, the erstwhile Portuguese colony, recently woke up to the grim reality of losing its large chunk of lands to the foreigners allegedly in violation of FEMA. The state government in their report presented on the floor of the house cited 392 such cases and formed a high level committee headed by senior IAS official Anupam Kishore to probe into the violations. The committee, prima fac...
By: Goa Blog
Foreigners brave market nosedive to buy more shares
2008-05-25 08:32:00
Foreign investors showed great faith in Vietnamese stocks, heavily buying shares offloaded by local players this month, brokers said. The VN-Index of 154 listed companies on the Ho Chi Minh Stock Exchange tumbled every day over the past three weeks, losing more than 18 percent, to close at 428.05 points on Friday. So... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
May 23, Foreigners Net Buyers Of VND57 Billion Shares
2008-05-23 12:01:00
Foreign investors were net buyers of VND57 billion ($3.56 million) of Vietnamese stocks Friday, out of a total VND267 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 4.95 million shares, with foreigners accounting for 31% of the total, according to the stock market operator. (Dow... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
May 22, Foreigners Net Buyers Of VND113 Billion Of Shares
2008-05-22 11:51:00
(Dow Jones)- Foreign investors were net buyers of VND113 billion ($7.07 million) of Vietnamese stocks Thursday, out of a total of VND487 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 2.88 million shares, with foreigners accounting for 36%, the stock market operator said. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigners Net Buyers Of VND57.7 Billion Of Shares
2008-05-21 13:24:00
Foreign investors were net buyers of VND57.7 billion ($3.6 million) of Vietnamese stocks Wednesday, out of a total VND112.7 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 2.6 million shares, with foreigners accounting for 62% of the total, according to the stock market operator.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigners Net Buyers Of VND19.3 Billion Of Shares
2008-05-20 13:21:00
Foreign investors were net buyers of VND19.3 billion ($1.2 million) of Vietnamese stocks Tuesday, out of a total of VND94.8 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 2.6 million shares, with foreigners accounting for 28.9% , according to the stock market operator. (Dow... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
May 16, Foreigners Net Buyers Of VND25.6 Billion Of Shares
2008-05-16 12:43:00
Foreign investors were net buyers of VND25.6 billion ($1.6 million) of Vietnamese stocks Friday, out of a total of VND325 billion traded, the Ho Chi Minh Securities Trading Center said. Volume was 8.1 million shares, with foreigners accounting for 18.7% of the total, according to the stock market operator. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Afghan Death Squads Take Orders From Foreigners
2008-05-16 09:08:00
Profesor Philip Alson, the UN sspecial rapporteur on illegal killings, belives secret Afghan death squads are operating under the orders of foreign intelligence agencies and they are not frightened by the police or members of the armed forces. Alston said the attacks were beyond the legitimate military chains of command and they were “completely unacceptable” ...
One More Reason for Foreigners to Visit Mexico
2008-05-16 08:33:00
Culture, shopping, great food and breath-taking landscapes lure many tourists to Mexico, but come June, there one more reason. It's the money, honey. Tourists departing Mexico City, Cancún, Guadalajara, Los Cabos and Puerto Vallarta by air and who spend between $115 USD and $1,000 USD on a credit or debit card issued outside of Mexico at authorized stores can get up to half of the sales tax back. In the second phase of the program, slated to begin six months later, tourists departing the international airports at Morelia, Monterrey, Cozumel, Leon, and Mazatlán will be able to enjoy the same privilege. The rest of the country's international airports and the maritime terminals of Acapulco, La Paz, Puerto Vallarta, Huatulco, and Mazatlán will join the pack in the third phase of the program. Food and beverage expenses aren't part of the deal. Technorati Tags: Sectur, IVA, value-added tax, refund
One More Reason for Foreigners to Visit Mexico
2008-05-16 08:33:00
Culture, shopping, great food and breath-taking landscapes lure many tourists to Mexico, but come June, there one more reason. It's the money, honey. Tourists departing Mexico City, Cancún, Guadalajara, Los Cabos and Puerto Vallarta by air and who spend between $115 USD and $1,000 USD on a credit or debit card issued outside of Mexico at authorized stores can get up to half of the sales tax back. In the second phase of the program, slated to begin six months later, tourists departing the international airports at Morelia, Monterrey, Cozumel, Leon, and Mazatlán will be able to enjoy the same privilege. The rest of the country's international airports and the maritime terminals of Acapulco, La Paz, Puerto Vallarta, Huatulco, and Mazatlán will join the pack in the third phase of the program. Food and beverage expenses aren't part of the deal. Technorati Tags: Sectur, IVA, value-added tax, refund
Foreigners still banking on Viet Nam
2008-05-16 02:54:00
There are many factors that indirectly support bank share prices. Foreign investors, still believing in domestic banks, continue to buy bank shares. The prices of king shares (a term used to denote bank shares) have been dramatically decreasing on the official stock market since early May with prices now below face... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigners Net Buyers Of VND27 Billion Of Shares
2008-05-15 13:29:00
Foreign investors were net buyers of VND27 billion ($1.7 million) of Vietnamese stocks Thursday, out of a total of VND57.2 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.37 million shares, with foreigners accounting for 44.8% of the total, according to the stock market... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigners Net Buyers Of VND20.6 Billion Of Shares
2008-05-14 11:49:00
Foreign investors were net buyers of VND20.6 billion ($1.3 million) of Vietnamese stocks Wednesday, out of a total of VND44.3 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 915,550 shares, with foreigners accounting for 46.5%, according to the stock market operator. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigners In South Africa Have Rights!
2008-05-13 14:42:00
The African National Congress came out with a strong message of support for foreigners living in their nation. Due to unsettled conditions in many parts of the African continent, thousands have come to South Africa in search of safety and work. During the past several months there have been a series of xenophobic attacks on ...
Foreigners Net Buyers Of VND3.9 Billion Of Shares
2008-05-13 12:29:00
Foreign investors were net buyers of VND3.9 billion ($244, 540) of Vietnamese stocks Tuesday, out of a total of VND39.9 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.06 million shares, with foreigners accounting for 23.4%, said the stock market operator. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigners Net Buyers Of VND51.6 Billion Of Shares
2008-05-09 13:04:00
Foreign investors were net buyers of VND51.6 billion ($3.2 million) of Vietnamese stocks Friday out of a total VND127 billion traded, the Ho Chi Minh Securities Trading Center said. Volume was 2.78 million shares, with foreigners accounting for 37.1% of the total, according to the stock market operator. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Burma 'wants aid not foreigners'
2008-05-09 06:17:00
People in affected regions are living in horrific conditions, experts sayBurma wants supplies but not foreign aid workers, its foreign ministry says, hours after the UN chief urged military leaders to prioritise relief work.
By: Get rich
Burma 'wants aid not foreigners'
2008-05-09 06:17:00
People in affected regions are living in horrific conditions, experts sayBurma wants supplies but not foreign aid workers, its foreign ministry says, hours after the UN chief urged military leaders to prioritise relief work.
By: Get rich
Foreigners Net Buyers Of VND121.2 Billion Of Shares
2008-05-08 14:37:00
Foreign investors were net buyers of VND121.2 billion ($ 7.58 million) of Vietnamese stocks Thursday out of a total VND304 billion traded, the Ho Chi Minh Securities Trading Center said. Volume was 5.4 million shares, with foreigners accounting for 57.7% of the total, the stock market operator said. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigners Net Buyers Of VND108 Billion Of Shares
2008-05-06 13:43:00
Foreign investors were net buyers of VND108 billion ($6.8 million) of Vietnamese stocks Tuesday out of a total VND253 billion traded, the Ho Chi Minh Securities Trading Center said. Volume was 5 million shares, with foreigners accounting for 50% of the total, the stock market operator said. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More foreigners needed for service jobs: SHRI
2008-05-06 09:05:00
More foreigners needed for service jobs: SHRI By LEE U-WEN IT is unrealistic to expect companies here to give jobs only to locals - for the simple reason that there aren’t enough of them to fill the vacancies, a human resource chief said yesterday.   Mdm Ho: Locals and foreigners should look at one another as team members  Singapore Human Resources Institute (SHRI) president Ho Geok Choo called on the government to step up efforts to bring in more foreigners - especially in the services industry, where the manpower crunch is most keenly felt right now. Speaking to reporters at the annual Singapore HR Congress and Business-Connect Expo, Madam Ho said it will ‘take time’ to instill a service culture in Singaporeans. While that happens, the government can help by bringing in more foreign talent. ‘In very populous countries like China and Vietnam, there are people looking to level themselves up, and they will look at opportunities in Singapore,’ she said....
May 05, Foreigners Net Buyers Of VND44.3 Billion Of Shares
2008-05-05 13:55:00
Foreign investors were net buyers of VND44.3 billion ($ 2.77 million) of Vietnamese stocks Monday out of a total VND227.4 billion traded, the Ho Chi Minh Securities Trading Center said. Volume was 4.8 million shares, with foreigners accounting for 24.4% of the total, the stock market operator said. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Send away foreigners and jobs for locals go too: Singapore PM
2008-05-02 01:03:00
Send away foreigners and jobs for locals go too: Singapore PM  He says foreigners let businesses offer better service, add value to economy By Sue-Ann Chia  THE simmering discontent on the part of some locals towards foreign workers got an airing from none other than Prime Minister Lee Hsien Loong yesterday. ‘They are not here to steal our jobs, but to help us enlarge the economic pie,’ he said in the Mandarin portion of his speech at the May Day rally. Mr Lee, who also spoke in English and Malay, said that Singaporeans should look at foreign workers objectively. His remarks were prompted by recent media reports about coffeeshops hiring more foreign workers, and the tension arising between locals and foreigners working in them. Addressing the issue at a tripartism forum two weeks ago, former labour chief Lim Boon Heng had told the story of two women - one local and older, one younger and from China - at a coffeeshop in Jurong West. The one from China sold beer and drew...
Kidnapping of foreigners will affect investment in Aceh
2008-04-30 04:28:00
The case on the kidnapping of Chinese nationals in Gayo district of Indonesia's Aceh province may pose an obstacle to investment in that region, a local senior official said. "I think the law needs to deal with the kidnapping case as it will disrupt investment and the economy in Aceh," Antara news agency Wednesday quoted Aceh Vice Governor Muhammad Nazar as saying in Banda Aceh, capital of Aceh province. Last Saturday, seven workers from a Chinese company were kidnapped by gunmen in Gayo district, and they all were released on Tuesday. To prevent such incident from recurring in the future, Nazar proposed that any investor interested in doing business in Aceh needs to hire security guards or officials of the security agencies when carrying out a field survey. "From the very the beginning, I have advised them to be accompanied by security personnel. In the province, they should be accompanied by a staff of the relevant agency to enable them to get information while they are i...
April 28, Foreigners Net Buyers Of VND131 Billion Of Shares
2008-04-28 13:46:00
Foreign investors were net buyers of VND131 billion ($8.2 million) of Vietnamese stocks Monday, out of a total of VND289 billion traded, the Ho Chi Minh Securities Trading Center said. Volume was 8.9 million shares, with foreigners accounting for 32.9%, according to the stock market operator. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
China cancels top music festival as red tape for foreigners grows
2008-04-25 00:00:00
It's only rock'n'roll, but it appears the authorities don't like it. Officials are believed to have postponed China's biggest music festival until after the Olympics, amid a wider security drive.Other recent curbs include tougher visa restrictions, to the annoyance of foreign business travellers, and extra checks on expatriate residents.The festival ...
Do Foreigners Require Tax Clearance Before Leaving India?
2008-04-22 05:38:00
The answer is Yes and No but before I explain the law , it is importanat to understand that here foreigner means a person not domiciled in India .The answer is NO in case of following persons?Those persons who are not domiciled in India and who come to India on tourist visa or for any purpose other than business,employment or who have no source of income in India , They are not required to obtain a tax clearance certificate from income tax department before leaving India.The answer is YES in case of following persons?The answer is Yes in case the person not domiciled in India visits India for any business purpose or employment or has any source of income in India . Subsection 1 of Section 230 of the I T Act is very clear on this which is given as under :no person,(a) who is not domiciled in India;(b) who has come to India in connection with business, profession or employment; and(c) who has income derived from any source in India, shall leave the territory of India by land, sea or a...
April 21, Foreigners Net Buyers Of VND131.2 Billion Of Shares
2008-04-21 19:16:00
Foreign investors were net buyers of VND131.2 billion ($ 8.22 million) of Vietnamese stocks Monday, out of a total VND262 billion traded, the Ho Chi Minh Securities Trading Center said. Volume was 5.2 million shares, with foreigners accounting for 45% of the total, according to the stock market operator. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
April 21, Foreigners Start Snapping up Cheap Stocks As Markets Drops
2008-04-21 11:21:00
The Ho Chi Minh City Stock Exchange (HOSE) today April 21 opened a new week by seeing another fall on the stock market when the VN Index slipped another 2.39 points or 0.44% to end at 534.92 pts with the total matching order trade of 5,289,080 shares and fund certificates worth nearly 261.659 billion dong, decreasing... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Foreigner?s Police Make Life Difficult For Foreigners
2008-04-19 23:24:00
A reportr fo the Prague Post recently accmpanied a friend who came abroad to the Foriegner’s Police headquarters in Pragu. The collegue set down her child for a moment to get something and the child was accidentally pushed causing her to cry. A police officer came over to her friend and threatened if she ever ...
April 18, Foreigners Net Buyers Of VND173.3 Billion Of Shares
2008-04-18 15:28:00
Foreign investors were net buyers of VND173.3 billion ($ 10.86 million) of Vietnamese stocks Friday, out of a total VND499 billion traded, the Ho Chi Minh Securities Trading Center said. Volume was 9.9 million shares, with foreigners accounting for 38.8% of the total, according to the stock market operator. (Dow... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Sales of Turkish property to foreigners halted
2008-04-17 02:00:00
Within the last 48 hours the Turkish government has declared a temporary ban on property sale to foreigners. This comes shortly after a freeze on sales to foreign companies. Turkish newspaper Hürriyet stated that a letter was sent to all land registry offices in Turkey declaring an end to all foreign property sales. Turkey has seen the purchase of some 63,000 properties by foreigners in recent times from numerous nationalities worldwide. This will only effect the purchase of property from here on, sales underway at present with ownership papers or currently owned are not said to be affected. The ruling is said to be reviewed later in mid June this year. The region of Istanbul has seen the periodical imposing of a ban like this many times in recent years, although purchases have been possible through Turkish owned companies in the area. If you would like to discuss the implications of this move by the Turkish government further with others that are affected, please visit our Tur...
Turkey Bans Foreigners from Purchasing Real Estate
2008-04-16 21:37:00
A Constitutional Court ruling in Turkey, (effective from today Wednesday April 16) has resulted to a temporary halt of the sale of Turkish property to foreigners. According to Turkish newspaper Hürriyet, a circular letter was sent to all land registry offices in Turkey on Tuesday April 15 indicating the end of the sale of real estate ...
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