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The Settlement and Custody Bank Provides Convenience for Foreign Investors

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Istanbul Settlement and Custody Bank has made revisions on its website and phone applications to be able to provide conveniences for foreign investors. This revisions will allow foreign investors to make transactions with their tax identification number.

After reducing the real estate purchase amount from USD 1.000.000 to USD 250.000 for acquisition of Turkish Citizenship and providing conveniences for tax exemption, it became necessary to make some revisions for the Settlement and Custody Bank.

This revision will provide for foreign investors to purchase real estate in a trustable platform with their tax identification number by averting the other party’s risks. Also, the transactions will be made fastly and safely.

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