Based on this information, write a new short title in English: KTSO announced that it supports the implementation of the draft law regarding the purchase of real estate by foreigners – BRTK
According to this information, write a new article in English:
The Turkish Cypriot Chamber of Industry announced that it supports the implementation of the draft law regarding the purchase of real estate by foreigners.
In the written statement made by KTSO, it was stated that the sale of real estate to foreigners provides significant foreign exchange inflow to the country, and that they support the implementation of the draft law on the purchase of real estate by foreigners within the framework of scientifically based, balanced and sustainable principles, considering the interests of the country, society and economy.
In the statement, it was noted that all political and economic organizations expect that the law they will create with common sense will not victimize either the public or foreign buyers, and that a sustainable law will make a great contribution to the country in terms of both economy and production.
In the statement, it was noted that KTSO welcomed the Contractors Association’s meticulous work on this issue and stated that they would be a supporter of such a bill that would be prepared by taking every aspect into consideration.
