Do you want to move abroad and obtain a second passport? Turkish Citizenship by investment in real estate, also called the Turkish golden Visa, offers unique and attractive opportunities to access Turkish passport benefits while investing in Turkey's real estate economy. For foreign investors, investing in Turkish property provides stability, mobility and global opportunities.
As more and more people look towards investing in a Turkish property, it is inevitable that you begin to hear some horror stories of those who have seen their dream purchase in the sun turn into a nightmare. In this analysis, we unpick the facts and look into the good, the bad, and even the ugly when it comes to investing in Turkey. Do not buy in Turkey before you have read this blog.
The Turkish district of Kalkan is perfect for buyers who want a holiday home and property investment. Just over 90-minutes from Dalaman International airport (being the nearest), Kalkan, or Kalamaki as Ottoman Greek settlers called the village 200 years ago, is Mediterranean Turkey's best-kept secret.
Turkey has a growing economy, with a rapidly increasing young population and a growing number of large companies. But is it a safe place to nurture a business investment? Sustainable Foreign Direct Investments (FDI) have been in high demand in Turkey over the past few years and that trend will continue going into 2023 and beyond.
Located on Istanbul’s European Side, Ataturk Airport occupies some of the finest, well connected, and vast land within the city limits. The total area of the holding amounts to 8.5 million m². The future allocation of that 8.5M for the “People’s Park” project will be around 5.2M m². The other 39% will be reserved for Military, Cargo, and other aerial needs of the government.
BREAKING NEWS: On Wednesday, April 13, 2022 the Turkish government announced its intentions to raise the investment requirement to acquire Turkish Citizenship from $250,000, up to $400,000. This is the amount that foreigners have had to pay for real estate, while also committing to hold it for at least three years, in order to obtain a Turkish passport.
Why would someone ever invest in real estate outside of their home country? Well, people like adventure, to be honest with you. They like to do something different; Something noteworthy. They've tried and tested their home country, and what you find in the case of 99% of our clients is that they already have a home plus, possibly, other investments in their home countries.
To obtain Turkish Citizenship through Real Estate investment, one should purchase real estate in Turkey with a minimum total value of $400,000. You may choose to invest in one or multiple properties as long as the required investment floor is reached. Usually the entire process will take anywhere from 3-4 months.
It's a question Property Turkey director Cameron Deggin fields every week: inflation is high, the lira is low. So why are property prices rising? We look at the factors helping Turkish real estate continue to climb, and explain why waiting for a fall to invest in property is the worst possible move.
When assessing how good is a Turkish passport, we turned to an authority ranking system to find out. The Henley Passport Index compares passports worldwide to rank according to the number of visa-free destinations. Currently, they say Turkey ranks 56th globally out of 200 passports for nationalities across the globe.
If you are wondering about the pros and cons of Turkish citizenship, rest assured there are more benefits, and there are quite a few ways to receive citizenship. These are by marriage after three years, birthright, business investment programme, long term residency and real estate investment. In this article, we discuss the Turkish citizenship by real estate investment program.
Many people want to know how to obtain Turkish Citizenship, and the lure is easy to understand. In the last 20 years, Turkey implemented many chances via investment to boost its international reputation. These all stemmed from the country’s 2023 vision program, implemented to transform the economy, the housing market, investment business sectors, healthcare, and general standard of living.
If you are wondering how to get a Turkish passport by buying property, look no further. Turkey offers an investment program under Turkish citizenship law that brings you the passport, visa-free travel, and many other benefits at the same time. As an investment real estate agent with offices all over Turkey, we can guide you in the right direction when buying a house, making the application, and knowing what the passport gets you in return. This article covers the Turkish Citizenship by investment option, so all future citizens are fully knowledgeable in all aspects.
In September 2018 Turkey announced changes to their Turkish Citizenship by Investment program, allowing new buyers to acquire citizenship from spending as little as 400,000 USD – making it one of the most affordable and attractive citizenship by investment initiatives in the world. A complete guide to obtaining Turkish Citizenship and what are the advantages of having it.
The Chinese are rapidly establishing themselves in Turkey, transforming the country's investment and cultural landscape. With China's Belt and Road initiative marching through the country, we take a look at the ways the Chinese are making their mark in every sector from banking to holidays.
Cameron Deggin has a hard truth for Straight Talk watchers: the properties most aggressively marketed to foreign buyers aren't necessarily the ones that are going to yield returns. Deggin outlines the difference between the branded residences that dominate agent portfolios, and the smaller, lesser-known developments quietly making money.
The devastating Izmir earthquake that claimed 116 lives has started a conversation. We were approached by many of our clients following this event, all asking the same question: how much risk am I from an earthquake in Turkey? Property Turkey director Cameron Deggin answers some of your questions.
Many people have written 2020 off as a year to forget. But for Property Turkey, it's been one to remember. Enquiries have never been greater, and the market has seldom been as buoyant. Senior investment consultant at the company explains why the time is right to buy - and why waiting could see you priced out of the market.
Summer’s here and buying season has begun. Now’s the time to start doing your homework ahead of heading off on a property inspection trip to buy your dream home in Turkey. If you’re a prospective first-time Turkish property buyer you’ll love these tips, which cover everything from deciding what you want to buy to avoiding property scams, giving you peace of mind to enjoy your new life abroad in the sun.
If you are researching the easiest countries to buy property abroad, put Turkey on your list, of places to invest in. This vast country covering more than 783,000 square kilometres is the world’s 37th biggest and now, is attracting real estate investors and holiday homes buyers for many reasons, of which the simplicity is one.