The houses sold to Yemenis increased 536% in first nine months of 2019, comparing the same term in 2015, when war broke out in the country, while the numbers of houses bought by the foreigners increased 98%.
Yemenis purchase in Turkey increased exponentially year after year since 2015, when the trouble began in the country, declared by Turkish Statistical Institute (TurkStat) data.
Houses sold to Yemenis in Turkey in the first nine months of 2015 was 170. This figure reached 1082 up by 536%, in the same period in 2019. Foreigners purchase in Turkey surged by 98% to 32,268 in the same period. Yemenis purchased 231 houses in 2015, 192 in 2016, 390 in 2017, 851 in 2018 and 1081 in first nine months of 2019.
Yemenis ranked 20th in 2015, 15th in 2017, 11th in 2018 and 9th in 2019, while in 2016 Yemenis were in top 20. Yemenis are literally top among the foreigners.
Due to the war which Yemen is living since 2015 Yemen citizens were looking for a country to feel save and have the citizenship of it in easiest way and Turkey is acceptable for the citizenship and to secure their future. So, Yemenis applied for the citizenship of Turkey by investing on real estate.
Why Yemen citizens prefer Turkey and what are the advantages of Turkish citizenship.
Turkey is the country where modern life meets with muslim life style. One of the reasons Yemenis prefer Turkey is that it has muslim life style by mosques every where as well as modern life so its perfect for muslims to live and anyone can have the citizenship by investing 250,000 USD. The advantages of Turkish citizenship are as below :
⦁It is in the top 30 passports of the world.
⦁ Visa free to 77 countries and easier entrance rights to all 26 Schengen Zone countries.
⦁Contains full medical right.
⦁Holders obtain benefit from Pension Programs as the Turkish citizen.
⦁Provides free education and University reimbursement plans.
⦁Gives voting rights to all kinds of elections.
⦁Allows dual citizenship indeed who have a Turkish passport, they can also have dual citizenship. Turkish passport has a 10-year validity when you take it and it is renewable for a lifetime.
Coldwell Banker Turkey Country Director Gökhan Tas stated that the Turkish real estate sector is recording new success story in housing sales to foreigners, while in 2018 housing sales to foreigners broke a record and 2019 has a new records.
Tas declared that the foreigners purchase surged by 32% to 32,268 in first nine months of 2019 compared to 2018, adding that Iraqis bought 5,527 houses, Iranians 3,624, Russians 1,939, Saudis 1,672, Afghans 1,475 and Kuwaitis 1,438 form January to September, where the Germans and Jordanians, who are in the top 10, bought 1,197 and 1,163, respectively.
Tas stated:"One of the highlights in the data is the increase in the number of real estate purchases by Yemenis in Turkey… You know that there is serious internal turmoil in Yemen. Hundreds of thousands of people have been forced to leave their country and their homes in recent years. This has also been reflected in statistics regarding housing sales to foreigners in Turkey. For the first time in history, Yemen entered the top 10 on the list of countries that bought housing in Turkey. The Yemenis who fled the war have found safe housing in Turkey."
Every day four Yemenis purchase housing in Turkey
Yemenis numbers in purchasing houses in Turkey was around 100-200 nearly four to five years ago, Tas continued "Due to recent developments and instability in the region, the number of Yemenis who have purchased housing in Turkey has exceeded 2,200 in the last 2.5 years alone. Looking at this 2019 , over 1,000 houses were sold to Yemenis in nine months. According to 2019 figures, four Yemenis buy housing in Turkey every day. The number of Yemenis who bought housing in the same period in 2018 was 487, while the increase over the same period in 2019 reached 122%.”
Tas noted that the Yemenis are interested in Turkey, where we can see in economy as well as housing sales sector. Tas added, " The companies established in Turkey by Yemeni citizens are increasing every day." According to data, in 2017, 44 companies owned by Yemeni citizens started operations, the number increased to 79 in 2018 and 41 in first seven months of 2019. As total Yemenis have established 164 companies in Turkey in last 2.5 years".
