Turkey Real Estate
Turkey real estate investing has its own fans nowadays. It seems to be the best and cheapest way to own a beachfront or sea view home in a famous historical country. In the past minimum capital to step in Turkey citizenship was 1.000.000 Dollars but a welcoming decision from the government reduced it to 250.000 Dollars. Generally it takes 3 to 6 months to issue the Turkey citizenship. That’s why foreigners are interested in Turkey real estate market and easy procedure for citizenship.
The benefits of investing in Turkey real estate
There are several advantages to invest or buy a property in Turkey, no matter which city you choose. Here we review the benefits for buyers and his family.
- As the Turkey is trying to join the EU, the owner of Turkish residency has the advantages of the Europe residency.
- The Turkish passport is in the ranking of 20 world strong passports and is valid for 10 years. Also ability to be extended continuously.
- The investor does not need to be present in Turkey necessarily.
- A visa free traveler from Turkey is able to trip to 148 countries and all 26 Schengen countries too.
- You may have free access to health or family education courses in Turkey.
- In the Turkey the foreigners can issue for Turkish citizenship while they keep their former nationality which means it is under dual or dual citizenship law.
- It is not an obligation to participate military service for people who are applying for citizenship.
- The profit and invest growth in Turkey real estate is great especially in recent years.
- Achieving a Turkish residency legally causes no limitations on working in Turkey.
Investing less than 250,000 USD in Turkey real estate
- If you invest less than 250.000 USD in Turkish real estate market then you will get Turkish residency which could be extended easily.
- The investor is unable to apply for a permanent residency permit in less than 5 years. It is possible 5 years to 8 years after buying property in Turkey.
- Applying for Turkish citizenship is possible after 10 to 12 years after investing in Turkey real estate market
- It is not important which city do you choose to invest or buy property in Turkey
If you are determined to invest in Turkey real estate or register a business, better to contact us and know the rules and regulations of foreign investment.