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Foreign nationals can acquire property in Turkey, but the transaction requires careful legal assessment beyond commercial considerations. Title restrictions, construction irregularities, ownership disputes and payment documentation issues can materially affect the investment, particularly when the acquisition is connected with citizenship eligibility or completed through representatives.

It should be underlined at the beginning that the Capital Markets Board of Türkiye (CMB), or Sermaye Piyasası Kurulu (SPK) in Turkish, serves as Türkiye’s primary authority for regulating and overseeing capital-market activities. CMB made a significant decision to manage the capital markets in Turkey through the proper selection of English.

TCA launched investigation into undertakings operating in the nuclear medicine market over bid rigging and concerted practice allegations: The TCA has initiated a formal investigation into 11 undertakings operating in the nuclear medicine market (including Medicheck, Referans, Fefa, Sintias, Nukleon, Bianco, Nukleus, MNT, GAMA and Moltek) to determine whether they violated Article 4 of the Competition Act through bid rigging and/or concerted practices, particularly in tenders conducted by public hospitals.