Recently, Turkey has become one of the most popular places to invest in real estate for many domestic and foreign buyers.
There is a lot of entertainment for residents, such as sports and cultural events, concerts that attract attention.
You can also enjoy the sea on beaches, which got blue flag award.
Foreigners now have favorable and profitable investment prospects in Turkey with the rising exchange rate in recent years.
To get more information about the daily price of all types of real estate for sale in this country, you can refer to the Turkey Real Estate for Sale.
An overview of the benefits of investing in Turkish real estate
Turkey's construction and real estate sector has grown significantly in recent years, providing customers with a wide range of luxury and modern options of property.
Almost all new built houses are equipped with exquisite social amenities, most of which are equipped with smart home technology.
Turkey offers a lot of options of comfortable residences and luxury villas near the sea with affordable prices.
Real estate in Turkey is getting more expensive every year, which gives an advantage in getting a good profit when reselling.
Turkey has always attracted the interest of international investors due to its natural and cultural diversity, well-developed transport system, geographical location, tourism, market and entertainment industry.
Turkey provides high-quality medical services in both public and private medical hospotals, so medical services are modern and high-quality and much cheaper than in American and European countries.
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1. Obtaining Turkish citizenship
For foreign investors, Turkish government offers a tempting option of obtaining a Turkish passport. One of the several ways to obtain Turkish citizenship through an investment program is to purchase real estate as a place of residence or as a promising asset with a high probability of return on investment in Turkey.
Foreigners can become Turkish citizens if they invest at least $400,000 in real estate. Within six months, foreigners and their families can obtain Turkish citizenship.
Foreign investors can receive rental income from real estate investments or sell real estate after a 3-year restriction period.
With a Turkish passport, you can travel to 110 different countries with or without a visa, apply for a US E2 investment visa, which allows you to live, invest and work in the USA.
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2. Residence permit
A residence permit in Turkey is granted to anyone who wishes to live, work or study in Turkey for a period exceeding three months. This allows you to live in Turkey, study, get married, get a Turkish driver's license, get a tax number, open a bank account, buy real estate, invest and much more.
If you are moving to Turkey for employment, you only need to apply for a work permit, which replaces a residence permit.
• Family residence permit:
A foreign spouse of a Turkish citizen and their minor foreign children may be granted a three-year family residence visa.
To qualify for a resident visa, they must have sufficient income
• Student residence permit:
You can apply for a student residence permit if you plan to get a specialist degree, bachelor's, master's and Doctor of Sciences at a higher educational institution in Turkey.
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• Long-term residence permit
You can apply for a long-term residence permit in Turkey with an indefinite validity period if you have continuously resided in Turkey for at least eight years with a residence permit issued by the Turkish government.
• Residence permit through the purchase of real estate
Foreign citizens who have purchased a house or any real estate in Turkey have the rights to apply for a residence permit for themselves and their family. As long as they continue to own the relevant property, it remains valid. The residence permit also gives childern under the age of 18 the opportunity to attend any public school in Turkey that they want.
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3. Low cost of living
Living expenses in Turkey are much lower than in many other countries. Fresh fruits and vegetables are available in the country during all four seasons, which makes food costs in the country very low. Thanks to the exchange rate, visitors from abroad can live comfortably in Turkey.
According to the Turkish Data and Statistics Center, the number of real estate sales in Turkey in the winter of 2023 increased by 65% compared to the same month of the previous year.
Conclusion
In this article, we tried to explain all the main advantages of buying real estate in Turkey so that you can make a better and more accurate decision to invest in Turkish real estate. In line with this, if you want to get more information and get expert advice on buying property and investing in Turkey, you can contact Antalya Estate Group through the mentioned communication channels so that the experts can guide you so that you can choose the best options. Choose and create a bright future for yourself and your family.
