Turkish laws encourage real estate ownership in Turkey for foreigners, and this is considered a great desire by many investors around the world who want to own real estate in Turkey. The history of real estate in Turkey is considered encouraging for Arabs to own real estate in Turkey, given the large profits for investors; In addition to the amazing natural attraction in various states and real estate regions in Turkey, mentioning Istanbul, Izmir or Antalya; It is Turkey, and it is the kiss of real estate ownership in Turkey, as it has achieved fruitful achievements and successes over time, but it has also set red lines that sometimes obstruct real estate ownership in Turkey for foreigners. We will mention above who hindered this red line from real estate ownership in Turkey.
The five nationalities prohibited from buying a property in Turkey
Foreigners in Turkey can own real estate in Turkey through Turkish laws, and there are five foreign nationalities that are not covered by this, and citizens of these foreign nationalities are prohibited from owning real estate in Turkey. They are:
2-North Korean Nationality
Citizens of the previous countries are exempted from:
-holder of Turkish citizenship
-Whoever holds a second citizenship, its citizens are allowed to own real estate in Turkey
-Turkish Cypriot citizens
What are the alternative solutions for those who are prohibited from buying a property in Turkey
Establishment of a legally integrated company
It is the easiest way for the merchant and the owner of a good income, because their business will take care of their company’s expenses without any additional expenses.
It is the difficult way for people with limited income, because the company has large expenses of $100 and $150 per month.
Owning real estate on behalf of another person
The law allows him to own real estate in Turkey, such as trusted people of different nationalities, or one of their relatives who obtained Turkish citizenship. In this case, the buyer can place a mortgage on his property to guarantee his financial and legal right.
Naturalized Syrians are considered to be the original Turkish citizen
He is allowed to own real estate in Turkey, after solving the security approval problem recently without any approval to sell or buy. It is known that since 2012, the Justice and Development Party has been keen to find a mechanism that allows real estate ownership in Turkey for Syrians in their personal name, but these efforts have not succeeded due to the Turkish public base Which refuses to allow the Syrians to own property, as the Turkish properties that were confiscated in Syria have not yet been returned
About four million Syrians live in Turkey now, and many of them want to own real estate in Turkey to settle, but they face the law of reciprocity.
What are the countries whose citizens have the right to buy one property in Turkey?
Countries whose citizens need the approval of the Ministry of Interior to buy a property in Turkey
-the two seas.
Nationalities not entitled to buy a property in Turkey on the Black Sea coast
Nationalities entitled to own property in Turkey for the purpose of housing and work only
-Morocco, West, sunset.
The nationalities mentioned in this paragraph are not allowed to own agricultural land
read more :
Exemption from real estate tax in Turkey