1) The Ministry of Culture and Tourism announces that such regions will be allocated to tourism investment.

2) Potential investors provide the Ministry with the necessary documents in line with the relevant regulation (Kamu Arazilerinin Turizm Yatirimlarina Tahsisi Hakkinda Yönetmelik).

3) The Ministry evaluates the applications taking into account the financial capacity and sector experience of the applicant as well as the contribution to be made to the infrastructure investments and level of integrity to the sector.

4) The potential investor found to have offered the best investment plan is granted a 6 month investment preliminary-permit provided that necessary documents regarding the activities for that period such as Guarantee Letter amounting to 5% of the total fixed investment cost, a notarised letter of commitment, business plan and a reference letter from a bank are presented to the Ministry.

5) Within this 6 month period, the investor is supposed to

• Establish a Joint Stock Company with a capital of at least 50% of the total amount of investment,
• Provide the Ministry with a copy of the Trade Registry Gazette which announces the company has been established.
• Get a ‘tourism investment certificate’ from the Ministry provided that the steps described in the aforementioned regulation have been taken.

6) Upon the issuance of ‘‘tourism investment certificate’, the company is supposed to provide the Ministry with the followings within one month:

• A Guarantee Letter of 10% of the total investment costs (with no time limitation)
• A notarised letter of commitment which confirms the definite allocation conditions are accepted
• A notarised copy of Business plans with regard to all activities from construction to start of business.

7) Upon the fulfilment of Step (6), the company is granted the ‘Use/ Sharing/ Access Right’ ( Irtifak Hakki) by the Ministry of Finance.

8) The company is supposed to get a ‘Building Usage Permit’ (Yapi Kullanim Ruhsati)

9) Upon the completion of all above steps and having properly documented those events, the company is granted a ‘Tourism Operation Certificate’.

c	Allocation of State-owned lands outside tourism zones to tourism investments

You can ask the Minister of Culture and Tourism to have a land outside the tourism zones allocated to you for tourism investment purposes.

In such cases, you are supposed to provide the Ministry with;

• A map of Scale-1/25000 which covers the land in question ratified by the Local Directorate of Public Works
• A robust business plan that outlines all issues such as the features of the facilities to be built, infrastructure, marketing and operating strategies etc.
• A report explaining the financial status of the investors.

Then, the procedures described in (b) are followed.

d	Allocation of Forestry lands tourism investments

Potential investors who plan to invest in a forestry land/forest are required to apply to the Ministry of Forests and Environment in line with the relevant regulation. (5.4.1995 tarihli "Orman Arazilerinin Tahsisi Hakkinda Yönetmelik)

4	TOURISM INVESTMENT CERTIFICATE

As explained above, investors are required to provide the General Directorate of Investments and Enterprises of the Ministry of Culture and Tourism with the necessary documents in line with the relevant regulation (06.07.2000 tarihli Turizm Tesisleri Yönetmeligi & 18.08.2000 tarihli Turizm Tesisleri Yönetmeligi'nin Uygulanmasina Dair 2000/1 No'lu Teblig) so as to get a Tourism Investment Certificate.

5	CONSTRUCTION PERMIT

So as to start constructing a building, a Construction Permit is required.
Having prepared the necessary engineering documents such as static & reinforced-concrete assessment, instalments and fittings, ventilation and air-conditioning, electricity network, landscape, decoration etc. an investor is supposed to get a construction permit from the relevant municipality (or the local Directorate of Public Works for the land in rural areas).

An investor who has been granted a Tourism Investment Certificate by the Ministry of Culture and Tourism and an investment incentive certificate by the Undersecretariat of Treasury is exempt from all construction permit-related levies.

In case the investment is to be made in a forestry zone/forest and some trees need cutting, then the investor is required to take permission from the Regional Directorate of Forests. (Orman Bölge Müdürlügü)

6	BUILDING USAGE PERMIT

Investors are to get a permit from municipalities (or the local directorate of Public Works) for starting using the buildings constructed. The evaluation process regarding the issuance of permit heavily focuses on safety issues.

7	TOURISM OPERATIONS PERMIT

When an enterprise is ready to start the business, it is supposed to get a Tourism Operations (Trial) Permit from the Ministry of Culture and Tourism.

8	INCENTIVES

With regard to the State incentives, investors are advised to read through all relevant documents posted at incentives pages.

In addition to the incentive schemes explained on the abovementioned website, the enterprises with Tourism Incentive Certificates are granted electricity subsidies by the State.

Moreover, investors can get investment credits from Türkiye Kalkinma Bankasi AS (Turkish Development Bank) at comparatively favourable costs provided that they submit the Tourism Investment Certificate and Investment Incentive Certificate as well as other relevant documents to be asked by the Bank such as engineering and project details.

9	SUPPLEMENTARY INFORMATION

The detailed information on all transactions with regard to tourism investments are presented at website of Ministry of Tourism and Culture.