Istanbul Real Estate

Obtain Turkish Citizenship Through an Investment In Reality

Real estate investment in Turkey has an excellent option whereby, by investing $400,000 worth of property, the investor gains an entitlement to Turkish citizenship.

1. Minimum Level of Investment: Foreign nationals are expected to invest property worth $400,000. The property has to be either property, commercial property, or both.

2. Appraisal of the property: An independent valuation has to confirm the property worth. The assessment has to be by valuers approved by the government. A proof of the worth, the assessment, has to be produced.

3. Title Deed Restrictions: The property purchased by the investor for the investment must have a title deed. Title deed is also referred as tapu. Tapu signifies ownership of the investor. The property has to bear no restrictions, whether it involves sale, transfer, or any other.

4. No Sale for 3 Years: Minimum three-year period has to pass away before property invested, gets resold. The restriction has been so that stability of the property market does not get undermined. The integrity of citizen acquisition program also gets preserved.

5. Application Process:

After the property has been invested, the investor has to submit an application for acquisition of citizenship. The application has to contain detailed documents. These documents have to contain the assessment, property title. Passport documents, other documents.

6. Background Checks and Due Diligence: Thorough checking of the back ground is carried out by the government. With due diligence investor and his investment are checked. They verify whether it meets the citizen acquisition program requirements. Moreover, they check whether the money, invested, has sources approved by law.

7. Family Members: Spouses, children below the age of 18, and other relatives close to the investor also fall under the coverage of the Turkish Citizenship program. These people also have the opportunity to join the application, alongside the investor.

It also has to also be noted that terms, criteria, and requirements of acquisition of Tukish citizenship by property investment in Turkey also change. It always makes it best if you seek advice from legal advisors, or approved agencies, so you obtain the best, accurate, and recent information, especially if you are going to inquire an application, as well as an investment, for Turkish citizenship.

How to get Turkish Residence Permit

Learning About Residence Permit Types

If you are looking forward to move to Turkey, we collected informations so you need to understand Law of Turkey for residence permit. residence permit takes time so you need provide time to upcoming information.

Property Residence permit: Easy way get Residence Permit legally in Turkey by no Government Rejection. Other types of residence permit are held under review before they are accepted.

Turkish Residence Permit Conditions

First Condition Real Estate Residence Permit: Buy property worth minimum price not less than 70.000$ noted down in Property Tapu. Be careful you may buy property worth bigger price but noted down less price than 75.000$. It’s always advisable if you hire any Consultant for property.

Second Condition Short-Term Residence Permit: this permit suit those individuals those want remain only one time one year. it normally obtain by visiting, visit relatives, visit friends, or work.

Third Condition Student Residence Permit: Those students who want to study herecan obtain student residence permit. This permit duration is determined by study period.

Fourth Work Residence Permit: Foreigner individuals those work by law and are working in a Turkish Company employment in Turkey, will be able to obtain this permit. It allows them to work here by law and reside in turkey as per their duration of their employment contract.

Fifth Family Residence Permit: It is suitable for individuals who have any relatives by law here.

It’s important that any residence permit regulation may change over time, Which is why you must have updated information when applying for any kind of resident permit.

Why hotel investment so profitable in Turkey

Hotel Investment in Istanbul Turkey

Istanbul, the vibrant metropolis bridging Europe and Asia, presents a compelling destination for hotel investment. With its rich history, thriving tourism industry, and favorable investment climate, the advantages of real estate investment in Turkey are evident. Istanbul city has proved itself for the last 20 years as one of the premier tourism destinations for tourist around the world. Here’s why investing in hotels in Istanbul can be a lucrative opportunity:

1. Growth of the Istanbul tourism sector in numbers

The last data from the Turkish Statistical Institute, showed that tourism revenues in the first three months of 2023 reached $8.69 billion.

During the current year, the number of foreign tourists who visited Turkey in February increased by approximately 21.4 percent on an annual basis, reaching 1.87 million visitors, compared to around 538,000 in February 2021.

In 2022, revenues increased by 53.4 percent compared to the previous year, reaching a record level of $46.28 billion as the COVID-19 pandemic receded.

The tourism sector in Turkey had previously recorded a record increase in revenues, reaching $34.5 billion in 2019, before the COVID-19 pandemic.

Despite the economic challenges faced by Turkey, the country’s tourism sector was able to achieve positive results, with over 40 million tourists received in the first nine months of 2022.

2. Strategic Location: Strategically located near the junction of Asia and Europe, Istanbul has an attractive location, easy to get easy accessibility to an extensive market. Considered as hub destination by businessmen, leisure tourists, as well as by international events. The well-developed infrastructure of the city, two international airports, further makes it an attractive location as an option for hospitality investment.

3. Diversification of Investment Portfolio:

Real estate investment by way of hotels makes you diversify the portfolio. A tangible property with revenue-generating ability, hotels provide an attractive source of revenue. By applying the right management, together with strategic location, hotels tend to generate attractive returns on investment, an attractive option by those aiming to achieve diversification, as well as achieving long-term capital gains.

4. Economic Growth and Stability: Generally, Turkey has shown enormous progress in the field of field of Real Estate sector Real estate investment in Türkiye, especially, in Istanbul, considered one of the prominent economic activities across the globe, attracting many prominent energies over recent years.

British newspaper “In the Sun” included Turkey one of the best 10 nations as an option for property buying in 2017, while data gathered by the Turkish Statistical Institution indicates that, preferentially, outsiders tend to buy property in Istanbul.

Considering the boom experienced by tourists visiting Turkey, coupled by the unavailability of accessible hotels, building a hotel proves an assured, successful, as well as guaranteed-profitable project.

5. Hotel Investment Types

Build New Hotel

It involves commencing from scratch, starting by buying an adequate land or Re-built ready construction property in an Area Strategical.

Investing in this line empowers owners to build the hotel as per vision, including necessary aspects like interior, floor plans, and design. But it has to be noted that building one fresh may get questioned due to relatively longer setting time and additional money invested during launch.

Buy Ready Hotel in Istanbul Turkey

If money back faster by investor want and want to save time, Then Ready Hotel buying would be best choice. Hotel investment İstanbul assure maximum profitability in İstanbul but there are also some investor need money urgently and decide sell there hotels. This may be best choice for visioner investor to invest İstanbul. But one drawback here is absence of liberty to personalise details, unless you want spend money further over changes, such as interior changes.

Possessing an expertise in Realty field in İstanbul will make buyers find best profitable hotel option sale very easy.

Invest in Istanbul Hotel Apartment in Istanbul Turkey

Hotel Investment İstanbul may not suit everyone. Some investor does not have money enough to spend over İstanbul hotel. But there are also option available with reasonable price, that one is flats İstanbul investment or Tourist apartments İstanbul. These flats İstanbul are located strategically and very easy to rent out by tourists over website like Airbnb. These type of apartments have enormous money return every month and easy to deal.

In order to obtain the right apartment in the right location in Istanbul. You need to comprehend the actual value of the location and flat. We, as an Istanbul property company, provide property management for an investment without any property owners. Our company has the ability to provide free advice on where you get an adequate apartment to invest, and when you purchase, provide free property management service in Istanbul.

Here is an overview how you obtain Turkish Citizenship just only in 3 month.

Turkish Citizenship by means of property acquisition consider one of the quick sure shot way obtain Turkish Passport. Out of our 10 years İstanbul property expertise and work coordination by means of our. Lawyers, we earned, obtain Turkish passport, our clients. In this here, this article shall explain you, quick steps by means of property acquisition, you obtain Turkish passport.

Step 1 Property Selection Obtain Turkish Passport: Find property in Turkey and investors should fulfill criteria. If property fulfill this criteria, then investor is qualified, to obtain Turkish passport. The property must be worth minimum $400,000 documented by means of Property Deed “TAPU” by means of recent regulation.

Step 2 Real Estate Expert Assistance: Investors can obtain support by means of well known İstanbul Real Estate Agency. These agencies can guide the means to select perfect property. As per their preferences investor after investing can obtain Turkish Passport. Also, Istanbul Real Estate Agency, provides support by and handles transactions in a lawful way. From bank account, to construction company bank account. Transaction of money process should be done in a correct order to protect the right of obtaining Turkish Passport.

Step 3 Property Purchase Real Estate in İstanbul Turkey:

Investors should finalize the deal and purchase the property. For the selected property in İstanbul, It should be ensured that all necessary legal documentation is in order. Including title deeds, contracts, and clearances.

Step 4 Valuation Report: In this step you need an experienced lawyer in İstanbul. Tracking down Turkish property’s valuation report. By approved appraising company by Government. The report shall confirm that the property worth meet the necessary figure.

Step 5 Application Submission: Lawyer shall obtain documents need, usually your passport. Title deed property, valuation report, application form, Marriage Status. Both certificate, any other documents. Then submit application to Government.

Citizenship Approval and Residence Permit: Having very good lawyer and Specialist In Real Estate Agency can assist you to get the Turkish Citizenship within 3 month.