Since Turkey revised its citizenship by investment bill in 2018, which greatly reduced the threshold for Turkish citizenship, coupled with the rapid development of the Turkish real estate industry, under the dual stimulation, Turkey has become the seventh largest country of immigrants in the world.
With the rapid development of the Turkish economy, the real estate industry has maintained a rapid development momentum. Turkey has a good geographical location, a large young population, and a well-developed population. The tourism industry, strong financial and commercial development, and the real estate market have a bright future.
Turkish Airlines announced the requirements for inbound nucleic acid testing on its official website on May 2 local time. The announcement shows: Turkish Airlines: From May 15th, Chinese passengers do not need to provide nucleic acid test reports when entering Turkey!
The continuous relaxation of Turkey's entry policy is an important manifestation of the relief of the local epidemic and the recovery of the tourism industry. It is also the country that is gradually opening its doors to welcome the arrival of a new round of global investors. According to relevant official data, it is estimated that about 13,325 applications for citizenship by investment projects in Turkey were successfully approved last year, an increase of 325% year-on-year, and it has soared against the trend during the epidemic!
According to the latest data from the Turkish National Bureau of Statistics, 95,863 properties were sold in Turkey in April 2021, an increase of 124.1% over the same period last year; in April, foreigners purchased 4,077 properties from Turkey, an increase of 416.1% over the same period last year. Among them, China Investors purchased 55 sets, ranking 20th among foreign buyers.
It is not difficult to see from the picture that the Turkish real estate market has attracted many overseas investors.
Under the impact of the epidemic, many countries have fallen into economic recession, so what kind of charm is it that makes Turkey "surge"? Let's take a look together.
Advantages of investing in Turkish real estate
01
Freehold property rights
Turkish real estate is a freehold property. US$250,000 can buy real estate in the core area of Istanbul, Turkey's largest city. Investors can enjoy freehold property rights when buying real estate. Real estate can be sold for 3 years without affecting identity.
02
Actual use area
The real estate area mentioned in Turkish real estate refers to the actual area used, there is no public share, and some will also give away balconies.
03
Investment appreciation
Turkey is one of the hottest real estate markets in Europe and one of the best-performing housing markets in the world.
Earlier, CCTV’s financial channel posted an international news: "Pandemic push demand, Turkish house prices rose by nearly 30% last year", which reported a 5.5% increase in Turkish house prices in the fourth quarter of 2020, an annual increase of up to 30%, such an astonishing increase. Successfully made Turkey's house price increase ranked first in the world!
The advantage of the Turkish immigration project is more than just the income of a house itself!
04
Other great value advantages
The Turkish citizenship by investment project is a one-step project to obtain a passport. Applicants over 18 only need to purchase a real estate of more than US$250,000 to obtain a Turkish passport. There are no steps such as renewal, change of status, and no requirements for immigration supervision, regular landing, and waiting schedule.
With a Turkish passport, you can enter the United States (E2 visa) and return to Europe, visa-free/visa-on-arrival for 110+ countries and regions.
The ability to have real estate appreciation in a big country, but also to immediately have a second status, will do more with one stone.
With the promulgation of the Immigration Policy of Buying House and Sending Identity, the super cost-effective housing immigration project has become a perfect combination of "second status" and "overseas real estate". At the same time, it can also take into account multiple functions such as high-quality education for children, tax planning, overseas listing, family inheritance, and career development. It is a popular immigration choice for high-net-worth individuals!
At present, the Turkish citizenship by investment project is being actively promoted. By purchasing high-quality real estate in Istanbul, Turkey, you can enjoy investment income, resist inflation, and realize the preservation and appreciation of assets. If you have an overseas identity & asset allocation idea, have you already started to try it? What?
Xingyunhai International
SING YUN
Turkish investment immigration
In May 2017, the Turkish government launched a A landmark citizenship program to promote foreign investment.
This plan is to purchase real estate or carry capital more than a certain amount Foreigners who meet the threshold provide the qualifications to obtain Turkish citizenship. 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)