For real estate investors, concessions and facilities provided by the Turkish government
Last Updated: 2023-07-27
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For real estate investors, concessions and facilities provided by the Turkish government
Perhaps the main reason that attracted many real estate investors around the world is the privileges granted by the Turkish government to them. If you want to see what the assistance provided by that government in this sector, you should follow the next few lines.
What is the most important thing that the Turkish government has provided to make real estate investment on its land easy for those wishing to do so?
1. It made taxes simple: After the issue of paying real estate taxes was something that was impossible and difficult to be completely perfect, it has now become an easy matter and no one is incapable of this issue. Due to the desire of foreign investors to set up their investment monuments on Turkish land, but there was a barrier that blocked the way for them called taxes, so the Turkish government decided to relieve them of its burden and reduced the financial value that they usually pay. Of course, this matter was very well received by them, and this matter in particular over all the other things that it presented that encouraged them to take this real estate investment step.
2. The opportunity to link their Turkish works with the works of their countries of origin: The Turkish government did not require those who want to invest in real estate on its land to make their business exclusively on its land and cut off everything else, such as European or American countries, but on the contrary, it gave them a great opportunity to link their business in their home country with their new business on the Turkish territory. Of course, this subject will give them a great opportunity to become multi-millionaires. Therefore, you can see large numbers of investors who liked this opportunity and proceeded to take advantage of it and take advantage of all its details.
3. Obtaining Turkish citizenship: And what opportunities and advantages are better than those offered by the Turkish government to foreign real estate investors on its land. It is sufficient for you, as an investor, to buy a property of any kind, provided that it is worth two hundred and fifty thousand US dollars in order to obtain Turkish citizenship, which in turn will provide you with many advantages and opportunities. Therefore, you see that obtaining Turkish citizenship by owning real estate, they will have achieved more than one goal.
4. The large population in Turkey: When you decide to invest a property in Turkey, this means the large number of privileges and facilities that will be associated with this property. Turkey has a large population that has approached eighty million people, so your property will be successful and fruitful, and it cannot be a loser or a modest profit. Therefore, when you, as an investor, see this issue, you will be unconsciously excited to choose the Turkish state for your goal.
5. The presence of a highly competitive climate: Since you see this large number of investors from all over the world heading to Turkey to buy and invest real estate, this means that you will mix with a large number of different nationalities, and thus we will have a great competitive atmosphere in this sector. And when competition resolves, success, prosperity and superiority will be resolved, and this has been proven strongly and effectively according to all the data that we have found.
6. Turkey has a large number of workers: As you are interested in creating a real estate investment business in Turkey, you definitely need someone to make your real estate work diligently, and they are the labor force, and there is more of this category in Turkey. Because in the many data presented on this matter, it was found that Turkey has most of the ages it has on the verge of youth, or a little more than this, and this age group of the population is considered the most beneficial in the country, as it is the one who works to make any work successful. This is one of the most prominent things that the Turkish government offers to its investors coming to it in particular, and it contradicts other countries such as the countries of the old continent, for example.
7. Strong Infrastructure: All real estate in Turkey has a huge, solid and strong infrastructure, and this is exactly what may motivate an investor to take such an investment step. Turkey has a solid foundation in every residential complex in a property, and this foundation will not make it spoil in the short term, but it will last with you for a long time, and this is a money saver. Also, the services surrounding each property alone are enough to attract the investor, and the Turkish government was keen to increase its services and distribute them everywhere and at all times in Turkey, and we actually see that its actions have paid off.
8. A successful mega-economy: Perhaps this is one of the things that may motivate the investor to have his real estate investment in Turkey. What could an investor want more than a successful economy that preserves his money from being wasted and scattered for nothing, for he puts his money in a treasury knowing with full confidence that it will be in an excellent security.
In conclusion, we can say that the Turkish government has spared no effort or energy but has put it in the interest of the real estate investors who come to it, and that government was one of the reasons that all their real estate plans succeeded.
Editing by Mersat Real Estate Team©
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