{"id":10104,"date":"2019-03-19T15:37:12","date_gmt":"2019-03-19T15:37:12","guid":{"rendered":"https:\/\/citizenshipbyinvestment.news\/?p=10104"},"modified":"2019-03-19T15:54:37","modified_gmt":"2019-03-19T15:54:37","slug":"3321-turkish-homes-were-sold-to-foreigners-in-feb-2019","status":"publish","type":"post","link":"https:\/\/citizenshipbyinvestment.news\/index.php\/2019\/03\/19\/3321-turkish-homes-were-sold-to-foreigners-in-feb-2019\/","title":{"rendered":"3,321 Turkish homes were sold to foreigners in Feb 2019"},"content":{"rendered":"<p>Turkey has seen <strong>92% increase<\/strong> in home sales to foreigners due to citizenship scheme and affordable property prices, which attracts large number of foreigners<\/p>\n<p>&nbsp;<\/p>\n<p>The Turkish Government has simplified and eased property rules including scraping of military clearance, thus speeding up time to register titles. Property deeds can be registered within one day.<\/p>\n<p>&nbsp;<\/p>\n<p>Turkey introduced citizenship by investment scheme which attracted lots of interest in the middle east which only requires <strong>USD 250,000<\/strong> property investment or <strong>USD 500,000<\/strong> deposit in banks or just create 50 jobs.\u00a0 These minimums were cut by 50% by government last year.<\/p>\n<p>&nbsp;<\/p>\n<p>According to Invest Turkey, FDI inflows into Turkey totaled <strong>USD 13.2 billion<\/strong> in 2018, up 14 percent year-on-year, shows that despite all the adversities Turkey has undergone in the past two years, there has been no decrease in investor appetite in the country.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>Top cities for foreigners<\/h2>\n<p>&nbsp;<\/p>\n<p>A total of 3 321 homes sold to foreigners in Feb 2019 alone highest in Turkey for the year, according to Turkish statistics office<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\u0130stanbul &#8211; 672 house sales,<\/li>\n<li>Antalya &#8211; 672 house sales<\/li>\n<li>Ankara &#8211; 196 house sales,<\/li>\n<li>Bursa &#8211; 192 house sales<\/li>\n<li>Yalova &#8211; 138 house sales.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2>Top Foreign property buyers<\/h2>\n<p>&nbsp;<\/p>\n<p>Iraq citizens bought 628 houses from Turkey in February. The followers of Iraq were Iran with 307 house sales, Russian with 236 house sales, Afghanistan with 166 house sales and Kuwait with 150 house sales.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_10120\" aria-describedby=\"caption-attachment-10120\" style=\"width: 840px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-10120\" src=\"https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/turkproperty-1024x415.png\" alt=\"Turkish real estate\" width=\"840\" height=\"340\" srcset=\"https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/turkproperty-1024x415.png 1024w, https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/turkproperty-300x122.png 300w, https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/turkproperty-768x311.png 768w, https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/turkproperty.png 1180w\" sizes=\"auto, (max-width: 840px) 100vw, 840px\" \/><figcaption id=\"caption-attachment-10120\" class=\"wp-caption-text\">Housing sales in Turkey to Foreigners in Jan-Feb 2019 &#8211; Source: Turkstat<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>House Sales for 2019 to Foreigners<\/p>\n<table border=\"0\" frame=\"VOID\" rules=\"NONE\" cellspacing=\"0\">\n<colgroup>\n<col width=\"408\" \/>\n<col width=\"78\" \/>\n<col width=\"77\" \/>\n<col width=\"80\" \/><\/colgroup>\n<tbody>\n<tr>\n<td align=\"LEFT\" width=\"408\" height=\"45\"><span style=\"font-family: Arial;\">\u00dclke<br \/>\nCountry<\/span><\/td>\n<td align=\"RIGHT\" width=\"78\"><b><span style=\"font-family: Arial;\">Toplam<br \/>\nTotal<\/span><\/b><\/td>\n<td align=\"RIGHT\" width=\"77\"><b><span style=\"font-family: Arial;\">Ocak<br \/>\nJanuary<\/span><\/b><\/td>\n<td align=\"RIGHT\" width=\"80\"><b><span style=\"font-family: Arial;\">\u015eubat<br \/>\nFebruary<\/span><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" valign=\"MIDDLE\" height=\"42\">Total<\/td>\n<td align=\"RIGHT\" valign=\"MIDDLE\"><b><span style=\"font-family: Arial;\">6 557<\/span><\/b><\/td>\n<td align=\"RIGHT\" valign=\"MIDDLE\"><b><span style=\"font-family: Arial;\">3 200<\/span><\/b><\/td>\n<td align=\"RIGHT\" valign=\"MIDDLE\"><b><span style=\"font-family: Arial;\">3 357<\/span><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Iraq<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\">1 233<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 605<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 628<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Iran<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 612<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 305<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 307<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Russia<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 431<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 195<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 236<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Afghanistan<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 357<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 191<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 166<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Kuwait<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 280<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 130<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 150<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Jordan<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 276<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 151<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 125<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Saudi Arabia<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 251<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 108<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 143<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Germany<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 241<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 119<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 122<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Yemen<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 240<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 97<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 143<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Azerbaijan<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 200<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 95<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 105<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Palestine<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 169<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 103<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 66<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"color: #000000; font-family: Arial;\">Egypt<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 165<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 83<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 82<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">United Kingdom<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 146<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 76<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 70<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Libya<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 138<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 69<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 69<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Qatar<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 138<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 73<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 65<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Lebenon<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 106<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 45<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 61<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Sweden<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 103<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 52<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 51<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Ukraine<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 102<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 50<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 52<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">United States of America<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 83<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 38<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 45<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" height=\"23\"><span style=\"font-family: Arial;\">Algeria<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 81<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 45<\/span><\/td>\n<td align=\"RIGHT\"><span style=\"color: #000000; font-family: Arial;\"> 36<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"LEFT\" valign=\"MIDDLE\" height=\"44\"><span style=\"font-family: Arial;\">Other<\/span><\/td>\n<td align=\"RIGHT\" valign=\"MIDDLE\"><span style=\"color: #000000; font-family: Arial;\">1 205<\/span><\/td>\n<td align=\"RIGHT\" valign=\"MIDDLE\"><span style=\"color: #000000; font-family: Arial;\"> 570<\/span><\/td>\n<td align=\"RIGHT\" valign=\"MIDDLE\"><span style=\"color: #000000; font-family: Arial;\"> 635<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h1>Residence permits<\/h1>\n<p>&nbsp;<\/p>\n<p>Foreign Property investors are issued <a href=\"http:\/\/www.goc.gov.tr\/icerik6\/residence-permit-types_917_1060_8865_icerik\" target=\"_blank\" rel=\"nofollow\">short term residence permits<\/a> first which then converted to citizenship under the new citizenship scheme.<\/p>\n<p>&nbsp;<\/p>\n<p>According to Ministry of Interior, as of 14th march 2019, close to 900,000 residence permits were issued to foreigners.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_10105\" aria-describedby=\"caption-attachment-10105\" style=\"width: 912px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-10105 size-full\" src=\"https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/rp.jpg\" alt=\"Turkey residence permit\" width=\"912\" height=\"743\" srcset=\"https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/rp.jpg 912w, https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/rp-300x244.jpg 300w, https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/rp-768x626.jpg 768w\" sizes=\"auto, (max-width: 912px) 100vw, 912px\" \/><figcaption id=\"caption-attachment-10105\" class=\"wp-caption-text\">Source: Ministry of Interior as of 14 March 2019<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Iraqis, Syrians were the top foreigners holding short term residence permits as of 2017<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-10107\" src=\"https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/shortrp.jpg\" alt=\"Short term residence permits\" width=\"594\" height=\"662\" srcset=\"https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/shortrp.jpg 820w, https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/shortrp-269x300.jpg 269w, https:\/\/citizenshipbyinvestment.news\/wp-content\/uploads\/2019\/03\/shortrp-768x855.jpg 768w\" sizes=\"auto, (max-width: 594px) 100vw, 594px\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Turkey has seen 92% increase in home sales to foreigners due to citizenship scheme and affordable property prices, which attracts large number of foreigners &nbsp; The Turkish Government has simplified and eased property rules including scraping of military clearance, thus speeding up time to register titles. Property deeds can be registered within one day. &nbsp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10123,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[138],"tags":[],"class_list":{"0":"post-10104","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-real-estate"},"_links":{"self":[{"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/posts\/10104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/comments?post=10104"}],"version-history":[{"count":0,"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/posts\/10104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/media\/10123"}],"wp:attachment":[{"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/media?parent=10104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/categories?post=10104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citizenshipbyinvestment.news\/index.php\/wp-json\/wp\/v2\/tags?post=10104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}