There are many reasons that drive individuals and investors to think about the idea of owning property in Turkey, and the most obvious reason is Turkey’s strategic location. In this article we will introduce you to the most important information related to ownership in Turkey and obtaining Turkish citizenship.
Conditions for owning a property in Turkey
Turkey is considered one of the most important countries in the world in terms of economic, cultural, tourism and others, and the government of the country seeks to provide the best procedures related to obtaining real estate in Turkey, and issued a law in 2012 through which it allowed many nationalities to own real estate in Turkey and obtain Turkish citizenship according to specific conditions such as:
● People who hold foreign nationalities that are prohibited from owning can establish a Turkish company then register a property in Turkey under the same company name.
● Allocating the area of the property, provided that it does not exceed 30 hectares of the Turkish land area
● Obtaining a security approval if the property is close to a military or security establishment of the Turkish authorities.
Ownership facilities in Turkey
Turkey has provided many facilities related to ownership in Turkey and obtaining Turkish citizenship, and this was done through several decisions related to investors and foreign individuals in order to enjoy the advantages of obtaining a property in Turkey, and the most important facilities provided are:
● Allowing foreigners to invest in real estate and then assessing a tax value for the purchase of the property at about 4% of the total value of the property, and the tax is paid only once and shared by both the seller and the buyer.
● The property must not be near a military area, or security approval must be obtained before acquiring and owning a property in Turkey.
● The real estate broker’s commission is set at 3% of the total value of the property.
● The buyer can authorize a person on his behalf to complete the ownership process in Turkey and obtain real estate residence through a notary office.
● It takes approximately 1 to 7 days to transfer the ownership from the seller to the buyer.
Obtaining Turkish citizenship upon ownership
After the recent amendments issued by the Turkish government in 2018, the possibility of obtaining Turkish citizenship has become high and easy, through real estate investment, ownership in Turkey, or a bank deposit.
Obtaining a property in Turkey is one of the fastest ways to obtain the approval of Turkish citizenship because it combines housing in the best and most developed countries in the world and the possibility of investing and selling the property after 3 full years of owning it and obtaining Turkish citizenship and a Turkish passport.
Ryan Homes Real Estate Investment Company is the best choice for you
To facilitate the process of owning property in Turkey and obtaining Turkish citizenship, a series of legal procedures must be taken within the country, and Ryan Homes is the ideal choice for you in order to obtain a property in Turkish lands, in addition to many other advantages and services provided by the company, the most important of which are:
● Ryan Homes is a real estate company licensed by the Turkish government and operate within the Turkish legal methods in the field of obtaining real estate in Turkey
● We are fully committed to current and future clients in order to provide the best results and services in real estate ownership
● Our success is based mainly on the trust and satisfaction of our clients and the encouragement of the community around us
● an expert staff working in the field of real estate in order to give explanations and summaries about any real estate inquiry
● Credibility in dealing with clients, following up on the status of the property for the clients after the completion of the transfer of ownership, and giving the necessary instructions to obtain Turkish citizenship.
Learn more about real estate ownership and investment in Turkey through distinguished and professional methods, while following the most important developments in the real estate situation, choose Ryan Homes.
