These reasons are worth moving to Turkey

Turkey has won the hearts of millions of people from all over the world. Some of them eventually decided to move. The source will tell you what exactly motivates people to migrate to Turkey and what reasons exist for buying Turkish real estate in 2021.

Most common reasons for moving to Turkey

Great potential for development

Turkey is one of the most comfortable countries for living and doing business due to a good geographical location, a growing economy, an extensive housing market, climate, sea and sun.  No less important reasons that make the Turkish state one of the most promising places are the high level of healthcare and modern technologies.

Ecology

A pleasant climate with almost year-round sun and warm sea is not all that Turkey can boast of. This country is distinguished by good environmental conditions, which are successfully preserved due to the government.

Affordable real estate

The Turkish real estate market is diverse enough to satisfy any needs of modern buyers and investors. Everyone who is interested in buying a second holiday home will find flats in Turkey of high quality and affordable.

Investors and entrepreneurs will be pleasantly surprised by the many facilities with good liquidity and quick payback, due to the high demand among vacationers.

Advantages of Turkish real estate

In addition to the opportunity to live in a country with a warm climate, Turkish real estate has a number of other undeniable advantages, such as:

• Unlimited resources for domestic tourism;
• Profitable domestic flights;
• Absence of a visa regime for foreigners;
• You can get a residence permit and citizenship for investments in the amount of EUR 250,000;
• Loyal taxes on housing maintenance + low annual tax for property owners;
• Low utility bills;
• Low cost of living;
• Variety of properties in the secondary and primary markets + off-plan development projects.

Additional information

If you are seriously considering Turkey as a second home, you need to familiarize with the administrative features of this process in advance.

• To stay in the country for 30-90 days, foreigners do not need to apply for a visa in advance;
• After the purchase of Turkish housing, a residence permit is issued for 1 year with the right of subsequent extension;
• After 5 years of residence in the country, citizenship is granted by naturalization;
• Real estate tax rates from 0.1% – 0.6% per annum that depends on the type of property.

To buy property in Turkey

You can start searching for a dream apartment or find detailed information about buying Turkish real estate on the Turk.Estate website. If necessary, the company’s agents will provide comprehensive support in the search for housing, as well as ensure the safe conclusion of the transaction.