The growing and rising prices in the real estate market in general and especially in Istanbul have some main reasons: high inflation, a weakened local currency, a bullish market, local population growth, and internal and foreign migration. But real estate investors realize that the most profitable investment opportunities are formed when the investment demand is dropping due to situations that have...
As a foreigner, if you wish to get Turkish citizenship, you should provide the condition in the law, Turkey can give our citizenship to them with the decision of the Ministry. If you get a Turkish citizen your spouse’s citizenship status will not change. On the date of the purchase of the citizenship of the parents, the children whose custody has the right to acquire Turkish citizenship upon the...
There are a few ways to gain Turkish citizenship: marriage, birthright, business investment program, long-term residency, and real estate investment. This article discusses Turkish citizenship through a real estate investing program. Turkey has one of the cheapest and easiest countries for citizenship programs. The Turkish government has opened the gate to foreign investors since 2018, since then...
To answer the best area to buy an apartment we can refer to the Residential Property Price Index (RPPI) that the Central Bank of Turkey published in August 2022. The report's classification of the significant Turkish States relied on the proportion of the annual increase in the investment value of its apartments. According to that report, Istanbul is the first among the major Turkish states in the...
When you decide to invest in Turkey as a foreigner and get Turkish citizenship, the first step is to gather information. buying property in another country has more risk because of a lack of data, so in this article, we answer the top questions about Turkey's property and their answers by the Turkish nationality law and its executive regulations. Q1: Can foreigners get Turkish citizenship? Yes, the...
When you decide to buy a property in Turkey or Europe, many people think of owning an apartment in France, Italy, Germany, or other countries known for their nature, development, or modern facilities. But you will change your decision when you consider the real estate market in Europe and compare it with Turkey’s market, other aspects such as government facilities and the benefits available. In this...
Property tax can be challenging to figure out when you buy property in a foreign country as a foreigner. This article will explain the taxes you’ll be required to deal with when you buy and hold property in Turkey. Our specialists can also provide the necessary legal advice for those who invest in Turkey and open various businesses. Title Deed Tax (Purchasing Tax) When you invest in property in...
Turkey is a strategic location and plays a vital role in the world. Therefore investment in Turkey is one of the first preferences of investors. In 2022 investment in Turkey by foreigners shows a variety when considering the globalizing world conditions in recent years. Turkey is a young, dynamic and skilled workforce in a country of almost 80 million people. Besides that, the governmental...
Turkey has been a center of attraction in the region on several levels, tourism, investment, medical and scientific. Foreigners who intend to extend their stay in Türkiye beyond the time limit specified in their visa, and those who require a visa exemption or intend to stay for more than ninety days must obtain a permanent residence. Residence Permit Types Short-term residence permitFamily...
If you are a foreigner and want to marry a Turkish partner, there are various legal papers and paperwork are needed to complete the process. The process is not very difficult but has some steps that need to be followed. Before 2009, Turkey's citizenship is automatically acquired when you marry a Turkish citizen. In 2009 Turkey decided to introduce new rules and laws for acquiring through marriage to...