Brits hoping to relocate to Turkey have been offered advice to ensure their moves go smoothly.
The guide, written by travel website ShelterOffshore.com, urges buyers to seek professional advice before buying rather than chatting informally to people in bars or on the street, and to treat the exchange as seriously as they would with a property in Britain.
Buyers are also advised to pay out and seek independent advice instead of using their agent or developer's lawyers, even though financial incentives may be offered.
Land and title searches are also considered essential and it is possible to sign a preliminary conditional holding contract which means that the property is taken off the market during the search and you are contracted to buy if the search shows that everything is in order.
Other advice offered by the website includes checking that builders have insurance in the event that the company goes bankrupt before work is completed and taking into account the after-sales care offered by agents and developers.
In an article in the Scotsman this week, director of HSBC Scotland Joss Mitchell warned would-be expats to consider inheritance and estate tax planning, especially if they were intending to retire abroad.
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Avoiding The Financial Pitfalls Of Moving To Turkey Avoiding the financial pitfalls of moving to Turkey
#2
Posted 10 March 2009 - 05:15 PM
SPAM alert
Great, another spammer -just what this site needs.
Can someone pass the mustard...
Great, another spammer -just what this site needs.
Can someone pass the mustard...
#4
Posted 10 March 2009 - 08:23 PM
Unfortunately I prefer to buy from people I meet in bars after an informal chat.
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