Ans: Turkey has a straightforward process of providing citizenship to property holders. According to Turkish law, you can get residency here if you buy real estate Turkey. You can get up to a one-year residence permit, which can be renewed annually. Grab your chance of making Turkey your second home and not just your holiday destination.
Ans: Once you've completed the process of paying, your Title Deed will be issued. If completing the payment of fees takes longer, deed registration occurs when all the costs are cleared.
Ans: Purchasing turkish property is very convenient for both residents and non-residents of the country. People with turkish nationality have an easier way and process of buying properties here than people of foreign origin. For the latter, the process takes a bit more time.
Ans: If you decide to take a joint property with a partner, you can have both your names in the deed.
Ans: Freehold Title Deed usually means giving full ownership rights to the real estate Turkey. It gives you the freedom to become heirs, trade, or lease your property whenever you wish to do it. Buying property in Turkey has specific benefits and perks that you will enjoy.
Ans: Being a great tourist attraction, Turkey includes a few exotic locations you can consider for the right kind of property. Here is a list of all the major cities in Turkey-
Ans: Buying property the right way is safe for all property buyers, regardless of their nationality. The purchasing process becomes a bit easier for turkish nationality; however, if you follow specific guidelines while buying a property here, it is safe. Always seek the help of a licensed real estate agent and a reputed lawyer before you begin with the procedures.
Ans: If you follow a few tips to buy property in Turkey, you will never regret the decision-
Ans: When it comes to buying Turkey property by foreigners, Turkish law puts certain restrictions-
Ans: As mentioned above, you can quickly get residency after purchasing turkish property. You must apply to the Immigration Department to obtain residency here. Usually, they process the application within a month.
Ans: There is a particular scheme under which you have to buy a property in Turkey if you wish to pay in installments. The Paying installment plans for under construction scheme and complete projects enables you to pay for your property in installments. However, if you are buying furthermost completed projects, it does not provide an installment option.
Ans: Statistics and research suggest that buying a property on the European side is more suitable for investment than the Asian side for several reasons. It has historic and more diversity. Secondly, it is known for its commerce and famous as the business capital. Therefore, you can prefer buying a property on this side of the city.
Ans: Istanbul, being a major city in Turkey, gives specific reasons for being an ideal place for investment-
Ans: Taxes are mandatory for all residents and property buyers in Turkey. The annual tax amount is 15% of the total amount of the rent. You have to pay your taxes when in the country of Turkey.
Ans: Besides paying 15% of the total amount, you have to pay for the Contract Stamp Duty and the Yearly Property Tax that is a total of 0.01% of the price.
Ans: There are a few principles to follow-
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