Recently, Knight Frank, a real estate consulting company, released the latest issue of "Global House Price Index." The index shows that despite the impact of the epidemic, global real estate prices are still rising at the fastest rate in the past three years.
In 2020, global house prices rose by an average of 5.6%, surpassing the 5.3% increase in 2019. Among them, TurkeyAs an emerging market, House prices have risen for four consecutive quarters, with an annual increase of 30.3%, ranking first in the world.
The sharp rise in prices cannot stop everyone’s enthusiasm for buying. Data from the Turkish real estate market shows that there were 111,241 real estate transactions in Turkey in March 2021, An increase of 37% from the previous month, of which Istanbul accounted for the highest proportion, with a total of 22001 sets sold.
Although natives are still the main force in Turkish real estate transactions, foreigners' enthusiasm for investment in Turkey continues to heat up. According to the latest data, foreigners bought 4248 houses in Turkey in March 2021, an increase of 43.4% over the previous month strong>, of which 2,119 units were sold in Istanbul, accounting for 49.9%, ranking first in each city.
Impact of the international financial environment
The reason why Turkey can maintain such a strong growth momentum is inseparable from the global monetary easing policy. As various countries, including the United States, continue to quantify their currencies to stimulate the economy, housing prices will increase further, which can be said to be relatively insufficient. Stable financial markets and deposit environments with zero or even negative interest rates in many countries, Real estate investment is becoming more and more used by families or investors An important investment subject to offset inflation.
Great location
Turkey’s core geographic location is irreplaceable, and the developed transportation industry not only brings more floating population dividends to the local area, but also brings constant fresh blood to Turkey’s basic economy, which is precisely the basis for supporting real estate in a country and region. Therefore, Turkish real estate will be favored for a long time.
Turkey's outstanding performance in the response to the epidemic has allowed countries around the world to see Turkey's huge investment value and potential. It is believed that Turkey will become an extremely attractive center after the epidemic.
For such a stable development and potential real estate market, investors need to grasp the investment opportunity to achieve the purpose of asset appreciation and value preservation.
Xingyunhai International
SING YUN
Turkish investment immigration
In May 2017, the Turkish government launched a landmark citizenship program to promote foreign investment.
This program provides the qualification to obtain Turkish citizenship for foreigners who purchase real estate or carry capital that exceeds a certain threshold. The most notable feature of the program is that investors can obtain Turkish resident status, citizenship and passport without having to live in Turkey.
Passport benefits
★ Convenient travel, visa-free in more than 110 countries and regions around the world
★ Children can easily attend international schools and enter Tsinghua Peking University without an exam
★ The second identity asset protection, helping to open overseas accounts and asset security configuration
★ The passport contains high gold content. Turkey is one of the EU candidate countries. It is clear that the goal is to enter Europe within 5 years
Investment method
★ Purchase real estate worth ≥250,000 USD (holding for 3 years)
★ Or deposit 500,000 US dollars into a personal account in a Turkish bank (deposit for 3 years)