Citizenship by Investment: Why Buying a Apartment for Sale in Istanbul Has Benefits

In 2017, the Turkish government made the announcement that citizenship would now be on offer to foreigners purchasing properties in cities like Istanbul for at least USD 1 million! This has contributed to a stupendous rise in the volume of property sales. A crucial part of the Turkish economy, real estate is rapidly growing.  An apartment for sale in Istanbul offers a whole lot more than a scenic view or value for your money. It also offers citizenship by promotion. Property investors now have an added incentive to buy an apartment for sale in Turkey. Property investors have benefited from Turkish properties which are associated with excellent returns, a wide range of top run properties and excellent exit strategies. Home owners can also benefit from the stable, growing Turkish economy. 

Investing for Citizenship

Investors interested in becoming Turkish citizens now have a clear route. Purchasing an apartment in Turkey for sale is a sure fire way to get citizenship of this progressive nation. The easiest and well assured route to citizenship is the purchase of a property which is freehold with existing title deeds. So, purchasing an apartment in Istanbul for sale gives you access to prized Turkey citizenship!

How to Go About It

Properties that are completed including new build or resale dwellings can serve as the perfect gateway to Turkish citizenship. Investors can also buy several properties worth USD 1 million in total, like 2 properties worth USD 500,000 and so on. For properties with title deeds, the government can place a three year restriction on the title. This is the time buyers are required to hold on to the property after getting their citizenship.

Benefits of a Top Apartment or Branded Residences

A million dollar investment can therefore, land you an amazing apartment and attract reliable, highly profitable rental income that will steadily support your initial investment. Investors need to take the safe option which is also lucrative in terms of investment returns. Residential properties in Istanbul open up a world of opportunities for investors. Branded hotel residences for example, offer a lot of benefits for wealthy tenants. But, a good apartment can easily be the way out for making Istanbul your home.

 

Demand for properties in Istanbul are pretty high as they are found in excellent locations and assure high returns on investment and a clear exit strategy, should you wish to sell at a later date. So, opt for a quality apartment in Turkey’s leading city Istanbul, the leading choice for investors and homeowner alike.