Since September 2018, the Turkish government announced a reduction in the threshold for Turkish citizenship, lowering the investment amount in real estate from $1 million to $250,000. This move has shocked the global immigration industry and has attracted significant attention from investors worldwide! With a lower investment, not only can one invest in real estate, but also quickly obtain a high-value Turkish passport, a candidate country for the European Union. This has led to a continuous influx of foreign investors eager to tap into Europe and achieve overseas asset planning, further fueling the booming Turkish real estate market!
Experts from WorldWay Immigration indicate that the topic of whether Turkish real estate is worth investing in has risen to a strategic level, as a series of recent significant news foreshadows this tremendous change!
The US dollar has surged against the Turkish lira, causing the value of Turkish real estate to skyrocket
As one of the fastest-growing economies in the world, the Turkish lira has once again shaken emerging markets this March, following its turbulence last August! The good news is that since January this year, several emerging economies' real estate stock indices have seen a significant rise! Currently, most investment institutions view Turkey as an isolated event with limited impact, remaining optimistic about the direction of emerging markets.
Industry experts analyze that in the long term, Turkey's massive infrastructure projects, rapid population growth, accelerated urban expansion, and government policy support mean that the Turkish real estate sector still has strong momentum! Especially in the context of inflation, real estate remains one of the top choices for overseas investors seeking to preserve value.
Since August 2018, with the US dollar rising nearly 40% against the Turkish lira, the investment value of Turkish real estate priced in dollars has rapidly soared! Taking a property priced at approximately 1 million lira as an example, this means that investors previously needed to pay nearly $380,000 to purchase it, but now only need about $240,000, a savings of $140,000! In other words, considering only the exchange rate of the dollar against the lira, without factoring in rising property prices, investors have already "sensed" a significant new business opportunity!
More importantly, under the backdrop of Turkey's robust economic development and stable growth, the lira's recovery is imminent, making this the best investment opportunity! Experts from WorldWay Immigration state that especially as a G20 country, investors should seize this historical opportunity; the Turkish property purchase immigration program is one of the best entry options!
The Turkish real estate market is experiencing strong growth momentum
In recent years, amidst Turkey's rapid economic development, the real estate sector has maintained a rapid growth momentum, becoming one of the important drivers of Turkey's economic growth.
Over the past five years, Turkey's real estate market has continued to grow rapidly. From 2010 to 2017, Turkish property prices have consistently risen, with the national average property price increasing by 2.5 times, and Istanbul seeing a threefold increase.
According to official data released by Knight Frank, in 2017, the average global real estate price increase was 4.6%, while Turkey's average property price increase was 11.2%, making it one of the best-performing housing markets globally. In January of this year, residential sales prices in 81 Turkish cities increased by 4.60% compared to the same period in 2018! More and more investors are focusing on this, and the Turkish property purchase immigration program continues to be in high demand.
Turkey's Excellent Geographical Location Connecting Europe and Asia
The first factor in real estate investment is location, location, and location! Turkey is located at the crossroads of Asia, Europe, and Africa, with well-developed infrastructure including ports, airports, highways, and railways, making it a crucial hub for products, services, personnel, and technology in the region. Turkey's urbanization and the continuous launch of large construction projects, along with its demographic advantages, will provide strong support for the ongoing development of the Turkish real estate market!
At the same time, the Turkish government recently announced the abolition of property value-added tax, further encouraging many foreign investors to purchase Turkish real estate. It is worth mentioning that in recent years, the number of foreign investors in Turkish real estate has significantly increased. Currently, many international institutions also assess that the Turkish real estate market is in a value investment trough, and combined with Turkey's advantageous geographical location, it has attracted increasing interest from foreign investors!
Turkey is currently the only geographical, demographic, and economic major power from the Eurasian continent among countries with open fast-track citizenship programs, and it is also the only major country among G20 nations that offers a low-cost investment fast-track passport program! For those looking to participate in the Turkish investment market, an investment of no less than $250,000 in real estate will allow the entire family to quickly obtain Turkish citizenship. The purchased property can be sold after three years, providing considerable investment returns along with the Turkish citizenship of a G20 country, achieving two goals at once. Additionally, for investors with specific needs, depositing the equivalent of $500,000 in Turkish banks for three years will also allow for quick acquisition of Turkish citizenship, the investment value of which is self-evident!
Event Announcement
Great news! To meet the enthusiasm of numerous investors, WorldWay Immigration Group will hold official launch events for the Turkish passport program in Beijing, Qingdao, Shenzhen, and Guangzhou, with high-ranking Turkish government officials present to analyze Turkey from multiple perspectives and dimensions. This is a rare opportunity with limited seats, so please make your reservation as soon as possible!
Unique Advantages of the Turkish Passport Program:
1. Obtain a passport in one step, with visa-free and visa-on-arrival access to 111 countries and regions worldwide.
2. High cost-performance ratio, currently one of the lowest-priced citizenship programs on the market.
3. Quick approval, with no immigration monitoring or residency requirements.
4. Eligibility to apply for US E1 and E2 visas for quick entry into the United States.
5. Turkey is in a customs union with the European Union and has signed bilateral trade agreements with many neighboring countries in Europe, Asia, and Africa, greatly facilitating business operations.
6. Turkey is a candidate country for the European Union, with a clear goal of joining the EU within the next five years.
7. Property prices are at a low point, making it a good time to invest, with a short investment cycle; properties can be sold after three years.
8. It is currently the only major geographical, demographic, and economic power from the Eurasian continent with an open fast-track citizenship program, and the only major country among G20 nations offering a low-cost investment fast-track passport program.
Opportunities are to be seized! The popular European country passport program in 2019—the Turkish passport program—has a reservation hotline for prestigious seats: 400-138-2929