Written answers

Tuesday, 19 January 2010

Department of Foreign Affairs

Diplomatic Representation

9:00 pm

Photo of Finian McGrathFinian McGrath (Dublin North Central, Independent)
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Question 668: To ask the Minister for Foreign Affairs if he will support a matter (details supplied). [1221/10]

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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I am aware of a number of Irish investors who are experiencing difficulties with their investments in Turkish property.

The common issue in most cases relates to Irish purchasers finding it difficult to claim their title deeds. The issues involved are complex and many cases are now the subject of private legal proceedings. The majority of these cases are primarily civil matters and as such should be resolved through arbitration and, if necessary, the courts.

The Irish Embassy in Ankara has been working with the Turkish authorities and a Turkish officer in the Ministry of Finance has been designated as a contact point for Irish nationals experiencing difficulties regarding their property investments.

I recently wrote to my counterpart, the Turkish Minister of Foreign Affairs, to raise my concerns regarding these difficulties being experienced by Irish citizens, and to ask for any assistance that he could provide regarding the matter.

The European Commission is already aware of a number of these cases. However, the Commission is only in a position to raise the issue with the Turkish Government, in the context of the legislative framework on the free movement of capital (particularly on real estate acquisition) and its implementation, when there has been discriminatory treatment of EU citizens.

I believe, therefore that the bilateral approach is the most appropriate course of action to take in addressing these difficulties.

Investors who make contact with my Department will continue to be assisted in any way open to us including in finding suitable legal representation.

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