NEWSROOM

Real estate sales to foreigners in an arrangement made in September that allow citizenship after the lower limit reduced to 250 thousand dollars has increased interest in Turkey. Home sales to foreigners increased by 12% in the last month, but increased by 134% compared to October of the previous year. One of the two foreign residential areas from Turkey living in the Middle Eastern country.

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ISTANBUL (TR) - Turkey on the amendments to the Law of September capital amount projected to gain Turkish citizenship than 2 million 500 thousand dollars downloading, real estate space for granting citizenship to foreign investors applied to the lower limit of 1 million has been reduced to 250 thousand dollars. After a month out of the new application, since 2004, 74 thousands of foreigners of different nationalities who own a house in Turkey Antalya Homes Turkey Statistical Institute (TUIK), according to the investigation by the movement of data to foreign home sales compared to October of the previous year% 134 increased to 6,276. The possibility of dual citizenship, half of that in the first 10 months of 2018, housing was sold to foreigners in Turkey, Iraq, Iran, Saudi Arabia, was taken by the citizens of Middle Eastern countries such as Kuwait and Qatar. Middle Eastern countries to Russia, Germany, Britain and Azerbaijani citizens follow etti.102 countries visa-free travel facilities that real estate owners wishing to be foreigners, most of Istanbul in Turkey, Antalya, Bursa, Yalova, Trabzon prefers.

Year-end target in the sale of housing to foreigners, exceeding 40,000

Property and Real Estate Investment Trusts in Turkey Association's Export Committee Chairmanship in conducting Antalya Homes Chairman Bayram Tekin, he mentioned that it was very important for residential sales of Middle Eastern countries and answer the most frequently asked questions: "In 2018 at the end of major surpassing 40 thousand of new home sales to foreigners I believe that you will reach a point. Turkey is not only a single plot of land for residential or citizenship, the total value of at least 250 also allows you to purchase real estate in more than one way to be a thousand dollars. According to the properties that cannot be sold for 3 years, the landlord, his / her spouse and their children under the age of 18 can complete their citizenship procedures within 12 months. As Antalya Homes, we offer our authorities the opportunity to further facilitate the process of citizenship. "

About Antalya Homes
Founded in 2004, Antalya Homes Emlak A.S. Offices in Antalya (Lara, Konyaalti), Alanya, Istanbul and Trabzon; Homes Antalya, Istanbul and Trabzon Homes Homes is Turkey's leading international real estate company with brands in real estate sales to foreigners.