What are the conditions for real estate ownership in Turkey?
Last Updated: 2023-07-27What are the conditions for real estate ownership in Turkey?
After the fame and importance of real estate in Turkey, the search for real estate ownership laws in Turkey has become one of the topics of interest to a large segment of investors
Many elements of real estate in Turkey, and many advantages of real estate investment in it Everything you need to know about this topic can be found in the real estate ownership law in Turkey
Learn about the nationalities that are allowed to buy a property in Turkey, within the real estate ownership law
Most nationalities around the world are allowed to own real estate in Turkey, with the exception of some specific ones, due to historical or political reasons, ancient or contemporary, namely Armenian nationality, Cypriot citizenship "Citizens of Northern Cyprus specifically and only have the right to own real estate in Turkey" Cuban citizenship, and North Korea
The reasons and factors that led to depriving the holders of these aforementioned nationalities and banning them from the right to own real estate in Turkey vary
Government support for the real estate sector in Turkey
The real estate sector in Turkey enjoys a lot of government support, due to the awareness of the Turkish government and its awareness of the importance of promoting the real estate sector in Turkey to keep pace with global and local developments and meet the needs of population growth and the consequent urban sprawl.
What do you know about Gannun Granting Turkish citizenship to foreigners through real estate investment or buying a property in Turkey?
The law of granting citizenship through real estate investment is one of the most important government decisions supporting the renaissance of real estate investments in Turkey, and this law constitutes a distinctive attraction for real estate investment and investors due to the importance and advantages enjoyed by Turkish citizenship holders in Turkey and many countries of the world
What are the details associated with the Real Estate Naturalization Law?
Turkish citizenship is given to foreign investors, in one of these following ways:
- Buying a property in Turkey, and not selling it for three consecutive years from the date of purchase, provided that the value of the property is (250) thousand US dollars or the equivalent of currencies according to the exchange rate, "and it is possible to buy more than one property in more than one area within Turkey, provided that the total price is (250) thousand dollars.
- Depositing an amount of (500) thousand US dollars or its equivalent according to the currency exchange rate at the time in a Turkish bank, and not withdrawing the amount for three consecutive years
- Employing at least one hundred Turkish employees in a project for you in Turkey
What are the conditions that must be met in order to obtain Turkish citizenship through real estate investment in Turkey?
You must be an adult and prove that
- You must hold one of the nationalities that fall among the nationalities that are allowed to own real estate in Turkey
- Complete all required papers and documents
The role of real estate companies in facilitating real estate ownership in Turkey, and obtaining Turkish citizenship
Real estate companies in Turkey are the best place and institution to enter the world of real estate investment in Turkey positively and effectively.
Real estate companies in Turkey provide you with a lot of services that are implemented by a team consisting of experts, specialists, lawyers, transaction trackers and engineers, this team carries out a lot of transactions, and provides you with the latest and best real estate offers in all Turkish states, and the associated details, area, location, pricing, title deed
Today, during the digital revolution that has swept the world, entering the world of real estate investment in Turkey has become terribly smooth, especially since it has become possible to complete many transactions remotely via the Internet.
Real estate companies accomplish many tasks, saving the investor a great time and effort, taking advantage of their strong network of relationships with local and foreign government and private institutions.
The importance of real estate ownership in Turkey
Real estate ownership in Turkey is a step that carries within it many subsequent steps promising a prosperous and promising future full of profits, and the long real estate history testifies to the huge wealth and money that investors are still achieving as a result of real estate investments in Turkey until the moment.
Competitive prices for real estate, encourage real estate ownership in Turkey
Real estate in Turkey has many advantages and ingredients that have made real estate ownership in Turkey one of the favorite ideas of many
The most important thing mentioned is the competitive prices enjoyed by real estate in Turkey, especially when compared to the rest of the similar properties in European countries, which is one of the factors that encourage investors to direct their eyes towards real estate ownership in Turkey instead of other countries
This was one of the most searched for addresses in the field of real estate ownership in Turkey
Editorial Mersat Real Estate Team©
Real estate Articles
Real estate News
