FOREIGNERS WHO BUY PROPERTY IN TURKEY RECEIVE GOOD NEWS ABOUT TURKISH CITIZENSHIP | Property in Turkey
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Property in Turkey

FOREIGNERS WHO BUY PROPERTY IN TURKEY RECEIVE GOOD NEWS ABOUT TURKISH CITIZENSHIP

Posted by Property In Turkey on 10 November 2015
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The citizenship and indefinite residence permit depending on the price of the property are on the boil after the announcement of the law of reciprocity.

The meeting between Turkish real estate sector and Gulf investors is ended. The event that has been carried out for 3 days has helped the Turkish real estate companies find an opportunity to make their presentations, introduce their projects and collaborate to the investors coming from the Gulf region. 300 meetings have been carried out during the event that welcomed 47 companies.

Nihat Zeybekci, Minister of Economy, has made a speech on the last day of the event. During his speech, he gave positive messages about describing the sales to the foreigner as “a foreign currency saver service” and giving citizenship rights to the foreigner that has bought a property in Turkey. He said that the ones that come from the other countries so as to buy a property in Turkey should not be mentioned as a foreigner, if a foreigner gets the title deed in Turkey he is counted as a first class citizen of Turkey. He explained the upcoming possible system as well.

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According to the system, there should be a positive attitude to the foreigners who would like to live in this country and share the same destiny and the identity with the other Turkish people. Especially if the foreigner request a citizenship related to buying a property in Turkey, there should be a classification in defined categories. Zeybekci said that he had mentioned this in Council of Ministers. Property is one of the most important elements of the export in fact. Zeybekci also added that adding the property to the category of income is such a right thing to do.

Omer Faruk Celik, president of KONUTDER, said that the number of the meetings carried out between the Gulf investors and Turkish companies during the event has exceeded 300. This draws a clear conclusion: the interest for Turkey of the foreigners continues. Celik said that foreigner would step into action when the government is formed after 1 November elections and he highlighted the fact that this year they expect 20.000 property sales to the foreigners.

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