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   07 January 2009, Wednesday
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What Are The Principles Directly Related With Foreign Investments?
Unless the contrary is foreseen by international agreements and special provisions of law;

  • Foreign investors are free for direct foreign investment in Turkey.
  • Foreign investors are subject to equal procedure with local investors.

It is stated that, the foreign investors principally have equal rights and liabilities with the domestic investors in Turkey, and this provision of law would change if only there are contrary provisions of law to this principal, and within the framework of the principles included in the subject provision of law.

How is Expropriation and Nationalization Made?
In accordance with the effective regulations, direct foreign investments may not be expropriated or nationalized so long as it is not required or public benefit and their values are not paid.

Regarding expropriation, the organization of the principles included in the Constitutional law and Expropriation Law in accordance with our bilateral investment agreements and other international agreements, and the expropriation would not be realized without the conditions mentioned in the referred regulations are fulfilled.
 
 
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