Buying Property In Turkey - The Way To Obtain Citizenship/
The real estate market in Turkey is gaining momentum. Since 2007, urban home prices have grown at the fastest pace.
According to statistics, in the first quarter of 2021, foreigners bought 14,000 residential properties in Turkey, mainly in major cities.
What attracts foreigners to Turkey?
Turkey is the cultural center of the Middle East, Central Asia, the Mediterranean, and the Balkans. Although it is a Muslim country with a strong religious identity, it also has a democratic attitude that encourages modernism and capitalism.
However, for investors who want to prepare a Plan B for themselves, this is also an excellent investment option: the country offers citizenship by investment program.
One of the investment options is real estate investment. A foreigner must invest at least US$250,000 and own real estate for three years.
The attractiveness of Turkey is confirmed by the Ernst & Young statistics. “Despite the 13 percent decline in the number of Foreign Direct Investment (FDI) projects in Europe due to Covid and global economic uncertainty, FDI projects in Turkey increased 18 percent in 2020, making it one of the largest investment destinations in Europe.”
What does Turkey offer to its investors?
Extensive visa-free travel to 111 countries
Quick processing 3-6 months
Inclusion of spouse and dependent children under 18 years
No residence requirements
Turkey supports dual citizenship
Citizenship is valid for life and can be passed on to the future generations
It is not required to declare your wealth
You can purchase any property you want in Turkey - no government restriction
If you purchase your property in US Dollars by wire then there is 0% VAT applicable
You will be issued with a Turkish ID
Full medical assistance at no cost for life for you and your family members
Free education and university reimbursement plans
LEARN MORE ABOUT TURKEY CITIZENSHIP BY INVESTMENT PROGRAM HERE
However, Turkey is not the only country offering citizenship by investment program. We have prepared a book in which all the necessary information was collected only for investors interested in citizenship by investment programs.
DOWNLOAD A BOOK
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