Napoleon once said, "If the world is a country, then its capital must be Istanbul."

Turkey borders the Black Sea to the north, the Mediterranean Sea to the south, the Aegean Sea to the west, and Georgia, Armenia, Azerbaijan and Iran to the east. Its geographical location and geopolitical strategic significance are extremely important, and it is a crossroad connecting Europe and Asia.

As a rare and fast-growing emerging economy in the world, Turkey is one of the Group of 20 (G20) countries. Turkey only purchases 250,000 US dollars or more of real estate (or deposits starting from 350,000 US dollars) can obtain permanent residency status in one step. Applicants , Spouse, and children under the age of 18 are approved together, and their children can also easily enter domestic and international prestigious schools.

Moreover, Turkey does not need to sit in immigration supervision. Turkish real estate is also a rare US dollar asset. The real estate investment time is short, the rental income is high, and the return is stable. It can be sold after 3 years and does not need to be held permanently.

The Turkish passport can be visa-free in more than 110 countries and regions around the world, and can also apply for an American E2 visa to live and work legally in the United States for a long time, and children can attend American schools.

Online real estate appraisal system will be launched in August

Recently, the Turkish government officially released a new system, which not only increases the transparency of the real estate market, but also combats all kinds of irregularities and directly solves the most worrying problems of most home buyers. In the new evaluation system, neither investors nor developers can independently select evaluation agencies, which are randomly designated by the system. However, the person concerned can track the progress of the property evaluation in the system and view the evaluation report.

The new system will start trial operation in Antalya Province on August 2, 2021, and Istanbul will also be in 1-2 months Then start to run. It can be expected that with the full operation of the new system, the chaos caused by the opacity of local real estate prices will be directly cleaned up. Both will receive greater protection.

Turkish tourism is recovering quickly

Since July 1, Turkey has completely lifted the "foot ban" and has actively opened up its tourism industry, which is surprising! According to Turkey’s official Anadolu News Agency, In the first two weeks of July 2021, 307,000 Russian tourists flooded the Mediterranean resort of Turkey’s seaside. The city of Antalya has opened a mode of surge in Turkish tourists!

In fact, Turkey has previously launched a safe travel certification program and implemented strict safety and health measures, which is ahead of most European countries. According to data released by the Turkish Ministry of Culture and Tourism, In the first three months of 2021, Turkey has received 26.89 million tourists, a significant increase from the same period last year. An increase of 26.07%! Among them, most of the tourists come from European countries such as Russia, Germany, Bulgaria, and Ukraine.

At present, Turkey is already the 17th largest economy in the world. Recently, the Turkish President has also ambitiously put forward the goal of making Turkey move towards the 10th largest economy.

At the same time, construction of a new canal connecting the Mediterranean and the Black Sea is also underway in the near future. It is believed that the new infrastructure will drive the rapid development of the Turkish economy and will inevitably increase the gold content of the Turkish passport. The benefits of investing in Turkey can be expected.

Xingyunhai International

SING YUN

Turkish investment immigration