Calis Beach and Fethiye Turkey Discussion Forum

Calis Beach Forum => Expat & Property Owners Q and A Forum => Topic started by: Mrb on May 15, 2015, 06:30:47 AM

Title: Interest
Post by: Mrb on May 15, 2015, 06:30:47 AM

Here a lot of people who own properties get good interest from the Turkish banks, what's peoples views?

Title: Re: Interest
Post by: KKOB on May 15, 2015, 06:50:55 AM

You don't need to own a property to get good interest from a Turkish bank.

Title: Re: Interest
Post by: LeeGlo on May 15, 2015, 11:32:58 AM

Anyone can open a Turkish bank account and put money in a time deposit account to earn around 8.5-9% provided the money is in Turkish Lira. You won't get that % on Sterling accounts. To open an account you will need your passport and proof of address (UK) such as a utility bill.

Title: Re: Interest
Post by: davybill on May 15, 2015, 13:19:39 PM

Also a tax number