Just 5 years ago the vast majority (about 70%) of foreigners' applications for Turkish citizenship were based on marriage or naturalisation. Now the situation has changed and almost half of the applicants are investors and entrepreneurs. In this article, we will review all the ways to obtain Turkish citizenship and the reasons to obtain it, as well as go through the list of the required documents.
As of the beginning of 2023, the activity of Russian-speaking property buyers in various foreign countries has more than doubled compared to activity levels at the beginning of 2022.
The authorities of Turkey and Georgia reported a record number of real estate deals concluded by Russians in these countries during the 12 and 9 months of 2022, respectively. The high activity of buyers from Russia was noted by official sources from Thailand and Spain based on the data on registration of ownership rights in 2022.
Rail transport in Turkey has become increasingly attractive in recent years due to well-developed infrastructure and high-speed trains.
When it comes to purchasing real estate in Turkey, it is not possible to conduct a deal completely remotely.
With a Turkish investment passport you can travel to 125 countries of the world under a simplified visa regime.
For Tranio, 2022 has been a year of testing our competencies under harsh conditions. We began to develop several relevant areas: Turkey, the UAE, Thailand; and in a short time we took a leading position in these markets.
Turkey is a country with great diversity in both geography and climate. Since it is surrounded by four seas on three sides, and the country’s landscape is formed by mountains, the Turkish weather varies significantly from region to region.
Over the past few years, Turkey has made a major breakthrough in the quality of its healthcare system.
On 8 September, Tranio’s client Svetlana and her family bought a two-storey four-bedroom apartment on the secondary market of Alanya for 150,000 euro — the money Svetlana got after selling a two-bedroom apartment in the centre of Samara.
In the spring of 2021, Maksim, an investor from Russia, invested 3.2 million euro in a coastal villa in Bodrum. Revalued in June 2022, the villa has risen in price by 19% in euro. The investment did an excellent job at protecting the capital even without rentals. Maksim with his wife and child are spending their second season there, inviting friends and relatives, travelling to Turkey on a visa-free basis.
Property maintenance in Turkey is cheaper for owners than in most European countries, and the cost of living in popular Turkish resorts is lower than in Bulgarian ones.
I should warn you, my deal took place during a time of rapid change, not only in foreign policy and economics, but also in my personal life. Over the past 6 months, I have managed to do the following: decide against buying an apartment in Turkey; change my mind and buy it under the influence of external circumstances; change my plans for this apartment; get a job in another country (not Turkey).
Vladimir recites how he and his wife have managed to pass under the old rules of Turkish citizenship by investment programme at the very last moment before the minimum threshold has been increased from 250,000 to 400,000 US dollars.
The key feature of instalment plans from Turkish developers is that they can be issued even for completed projects. An instalment period of up to three years and a down payment of 25–50% are typical conditions for the Turkish market.