Thanks to the incentives offer by the Turkish government. To investors and business people in the field of investment and trade. Turkey is a rapidly developing country with a strong and stable economy. thus becoming the first destination in Turkey. Turkish Citizenship by Buying Property provide upon obtaining Turkish citizenship and Turkish passport.
The biggest goal of foreign and Arab investors is to obtain Turkish Citizenship by Buying Property. Arab investors buy more Turkish assets Because Iraqis buy 18% of the 143,000 homes they sell to foreigners. Between 2015 and 2019, follow by Iranians and Saudi Arabia at 9% per capita. Russia at 5% and Kuwait, Qatar and the Emirates at less than 5% per capita. Transactions between 2003 and 2019 were approximately 52. Billions of dollars, averaging $3 billion per year.
Turkish Citizenship by Buying Property can happen for a number of reasons:
- The strength of Turkish passports is that they are rank 39th in the world. And their owners are allow to access 72 countries visa-free.
- Turkish passports and citizenships can be process and deliver in just 30 days.
- Relations between Turkey and the European Union Negotiations and agreements. Between the Turkish government and EU countries on Turkey’s accession to the EU are ongoing. Turkish citizens have the right to enter Europe in the future without a visa.
- Opportunities for Turkish passport holders and Turkish citizenship to benefit from the Turkish Citizenship Retirement Scheme.
- The Turkish government offers free study and payment plans to Turkish passport holders and Turkish citizens of the university.
- Turkish passport gives the owner all voting rights in all elections in Turkey.
- The Turkish government allows dual citizenship. This is because Turkish passport holders may have different nationalities. Turkish passports are valid for 10 years upon receipt and are renewable for life.
- Turkey’s Economic Importance Including reforms that the Turkish government is working on to revive the economy continuously.
Investors are often surprise that buying real estate in Turkey is a profitable and profitable investment. Turkey’s real estate market has become a lucrative market for finding investment hubs both locally and globally. Factors such as buying real estate for renovation or resale. High capital and liquidity All indicate that real estate buyers are interest in investing.
Foreign investors see the Turkish real estate market as the first destination for profitable and meaningful investments in many sectors. This is a great opportunity to find a partner in a country at the intersection of three continents. Turkey has become one of the strongest economies in the world. And generally one of the most competitive markets in the world for foreign investment. especially in real estate
Why is buying real estate in Turkey a good investment?
The Turkish lira exchange rate against other foreign currencies has hit a record high. And buyers have kept the Turkish lira at record levels. Surplus housing in some areas is price right per square meter compare to other countries that dominate the overseas real estate market.
The high requirements of modern house projects in Turkey are built on modern engineering design and advance housing technology. integrate smart home technology Public facilities, steam, etc. for you and your family. Includes basic services to meet all your needs. ,gym, swimming pool, garden, etc.
Turkish Citizenship by Buying Property worth more than $250,000 and holding it for three years Owners of these properties are eligible to apply for Turkish citizenship. Turkey always treats foreign investors as 100% local investors. This is one of the main benefits of investing in Turkey.
The Turkish economy is one of the most prosperous in the world with a bright future. It will become one of the fastest growing economies in the world in the next decade. It attracts $15 billion in foreign investment each year. And this number is expect to grow each year to become the 16th largest economy in the world.
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