Russians and Iranians are buying real estate in Turkey

Turkey has become a major destination for investors are those interested in purchasing real estate from all over the world, Arab investors are also interested in Turkey in terms in investment as well as settling, also, Turkish market still attracting foreign investors each year. Real estate investment in Turkey has witnessed a comprehensive renaissance at all levels in recent years, alongside issuing a package of laws that attract foreign investors to their various sectors.

Real estate sector in Turkey has received a large share of the economic rising, has become the focus of investors' attention from all over the world. In addition, the Turkish real estate sector has received the largest share of laws encouraging investment, most important of which tax incentives and granting Turkish citizenship in return for investing in a property worth $400,000.

Europ Homes Real Estate provides property ownership service for foreign clients in Turkey for free alongside an integrated service package, which you can browse by clicking Europ Homes Real Estate Services in Turkey .

Reasons behind the interest of Russians and Iranians in real estate ownership in Turkey:

1. Real estate prices in Turkey are low compared to those in European countries.
2. Turkey’s warm climate compared to Russia’s very cold climate.
3. Turkey is considered Russians favorite touristic destination due to the low costs of airline tickets from all Russian cities, and the lack of visa application for Russian citizens for entry to Turkey.
4. Low living costs and taxes alongside good services and luxury.
5. High-end architecture designs within Turkish real estate, especially in residential complexes, as well as apartments with charming sea views.
6. The interest in acquiring Turkish citizenship and take advantage of its benefits, since the Turkish passport allows visa-free entry to many important countries, with the ability to obtain an American E2 investor visa.

The benefits of obtaining the Turkish citizenship:

1. The strength of the Turkish passport, as the Turkish passport ranks 39th in the world, giving its holder the right to enter 72 countries without a visa.
2. Turkish passport and citizenship are fast to prepare and deliver in a short period of time that can be as low as 90 days
3. The relationship of Turkey and the EU, since the negotiations are still ongoing between the Turkish government and the European countries about Turkey’s joining of the EU. And in case of the success of this joining, this will grant the Turkish citizens a great facility for obtaining a Schengen visa and entering various European countries, and it is possible to grant the Turkish citizens EU visa-free entry in the future.
4. Taking advantage of the retirement program as a Turkish citizen.
5. Turkish government provide free education and good university payment plans for Turkish citizens.
6. Turkish citizenship grants its owner all voting rights to all kinds of elections in Turkey.
7. Turkish government allows double citizenship to those who have Turkish passport.
8. Turkish passport has 10 years validity period and can be renewed for a lifetime.
9. Turkey’s economic importance, including the continuous reforms carried out by the Turkish government in order to revive its economy.

An investor might need many paperwork in case they decide to purchase a real estate in order to obtain Turkish citizenship.

 It is also important to mention that purchasing real estate in Turkey does not take the investor more than 3 days to a week between making a down payment and signing the purchase contract and transferring the money to the construction company. Also, registering the property in the Title Dept.

Finally, it should be noted that the process of owning a property in Turkey must be carried out carefully on every step, every procedure, and document related to the property that the foreigner is willing to buy in Turkey.

 For easy and secure ownership, deal with Europ Homes Real Estate and take what you want from owning.