The Istanbul Chamber of Commerce (ITO) is preparing to bring a new breath to the world’s largest real estate fair MIPIM, held in Cannes, France, where the world’s wealthiest and prominent people are admitted, between March 13, 2017.
The tent established by ITO is also located on the coastline this year, which is the most prestigious place where important financial capitals such as Paris and London can take place. The slogan of “Istanbul: Two Continents One City” will be the meeting point of Istanbul real estate companies with global investors.
ITO will explain the citizenship opportunities of Turkey through investors to MIPIM’s ‘creme de la creme’, the ‘richest rich’. İbrahim Çağlar, President of Istanbul Chamber of Commerce, said that they have been conducting an important image campaign with the Living Istanbul Model for the last two years. Çağlar said that this year they will focus on negotiations on B2B (bilateral) talks as well as urban models in Istanbul Real Estate Tent.
Sip your tea by the Bosphorus with your Turkish passport
ITO Chairman İbrahim Çağlar said, “The exhibition visitors coming to Istanbul Tent will fall in love with Istanbul and then be able to recognize projects in Istanbul. We will tell the investor the opportunity to become a citizen through investment in Turkey with their Turkish passport. We want to create a Istanbul dream especially for wealthy investors. We will tell foreign investors that the most attractive and lucrative way of living in Istanbul is to buy a property in Istanbul. We will tell them that they will buy a property from a prestigious project in the world’s only city on two continents. Thus, both the value of their properties will increase each passing day and they will receive a passport with the right to have a home with a price of 1 million dollars or more”he said.
We want to turn our image into more investment this year
Çağlar stated that every point of the Istanbul Tent, which reached a size of 685 square meters, is planned as a meeting place for international investors and domestic entrepreneurs. “For two years, we carried the image of Istanbul with Real Estate Tent to a higher level”. We want to turn this beautiful image we have dug into the minds of MIPIM visitors from 90 countries into more money and money this year.”
To be invited for citizenship
In the meantime, one of the most important functions of the Istanbul Tent will be to contribute to the correct description of the laws that are passed on to make rich foreign investors Turkish citizens. With the law, which was issued by the government in the first days of January and is expected to increase house sales by at least 10 percent, foreigners who invest in a property with a price of over $1 million have begun to be granted citizenship. It is expected that the citizenship program through investment will attract interest in MIPIM, which is visited by more than 23,000 real estate professionals.
2,600 stand-up firms
Turkey is ranked 5th in country-based participation
More than 1,000 projects
150 network activity
5,300 international investors
1 million business card exchange