Gulf Businessmen Apply for Turkish Citizenship

Gulf Businessmen Apply for Turkish Citizenship

Number of foreign businessmen applying for Turkish citizenship reached 2 thousand The number of foreign businessmen who want to become citizens of the Republic of Turkey has reached 2 thousand. Most of these are Middle Eastern businessmen Reduction of 1 million USD real estate purchase requirement to 250 thousand USD increased citizenship applications in Turkey. Since […]

Housing Sales to Foreigners in Turkey will Continue to Grow

Housing Sales to Foreigners in Turkey will Continue to Grow

Housing sales to foreigners increased by %71.3 compared to the same month of the previous year In March 2019, 3.129 houses were sold to foreigners in Turkey. In the housing sales made for foreigners, Istanbul ranked first with a total of 520 housing units. Istanbul was followed by Antalya, Ankara, Bursa and Yalova, respectively. Industry experts […]

House Sales to Foreigners in Turkey Increased by %71.3 in March

House Sales to Foreigners in Turkey Increased by %71.3 in March

In Turkey, in March 2019 a total of 105.046 residential units were sold. 3.129 of these houses bought by foreign nationals Sales to foreigners increased by %71.3 compared to the same month of the previous year and became 3.129 units. Istanbul ranked first in the housing sales for foreigners in March 2019 with the sale of […]

Important Progress for Foreign Investors

Important Progress for Foreign Investors

Turkey is expected to create a more secure environment in foreign property purchases With the law published on September 19, 2018, foreigners are required to purchase 250 thousand dollars worth of immovable property to earn Turkish citizenship. A minimum purchase price of $ 1 million was reduced to $ 250,000 in the new regulation. Real estate valuation […]

New Arrangement for Sales to Foreigners

New Arrangement for Sales to Foreigners

After 4 March 2019 “Valuation Report” will be asked for the completion of the transaction for the sale of properties purchased by foreign investors in Turkey With this new regulation, it will be provided to prevent sale of real estate worth less than the price to foreign investors, and to increase the brand value of Turkey. No […]

January Sales Figures to Foreigners

January Sales Figures to Foreigners

Foreign interest for property in Turkey continues In January 2019, housing sales to foreigners increased by %81.9 compared to the same month of the previous year and became 3.168 units. Foreign Interest in Property Sales Citizenship process, cash buying power, the effects of the increase in currencies made the market very advantageous for foreigners. It […]

Istanbul, First Choice of Foreign Investors

Istanbul, First Choice of Foreign Investors

The city where the foreigners bought the most property is Istanbul with a share of 36%. According to TUIK data, 39,663 houses were sold to foreigners in 2018. According to this data, home sales for foreigners increased by 78% compared to the previous year. The city where the foreigners bought the most property is Istanbul with […]

Foreigners’ Square Meter Purchases Increase by %144

Foreigners’ Square Meter Purchases Increase by %144

The size of the property as an area which Foreign investors purchased in Turkey in 2018 increased by 144 percent compared to the previous year. Foreign investors as the size of the surface area of ​​the property they purchased in Turkey in 2018 was 11 million 420 thousand 700 square meters. In 2018 total sales […]

Can Your Family Apply for Turkish Citizenship?

Can Your Family Apply for Turkish Citizenship?

Who earns the right to citizenship with the purchase of real estate from Turkey? Who can benefit of citizenship granted to foreign investors through the acquisition of real estate in Turkey except the title holders? According to the recently published laws, foreigners who purchase at least 250 thousand dollars of property from Turkey, including offices, […]

New Record in Housing Sales to Foreigners

New Record in Housing Sales to Foreigners

Turkish Statistical Institute (Tuik) has announced the number of housing sales to foreigners in 2018   According to the annual report, Housing sales to foreigners in 2018 broke a new record. in 2018 total sales of 40.044 units took place and increased by 79% compared to last year. In 2017, this figure was 22.428 units. In 2018, with […]

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