Do you know the power of the Turkish passport?
Which countries are allowed to be entered without a visa?
What are the benefits of obtaining Turkish citizenship?
In this article, we review the Turkish passport rank worldwide, the countries that allow the holder of the Turkish passport to travel to it, the benefits of obtaining Turkish citizenship, and the steps to apply for Turkish citizenship in return for real estate investment.
The Power of the Turkish passport
In 2018, the Turkish passport is ranked 39th globally, recording 114 points on the travel without Visaindex, allowing the holder to enter more than 72 countries without getting a visa in advance, Turkish nationals can also enter more than 42 countries with an entry visa issued immediately upon arrival, and more than 7 countries give the Turkish passport holder an online visa.
Countries to which the Turkish passport holder is...

The real estate sector in Turkey has witnessed a major transformation in the field of attracting investment opportunities for investors. While the US and European real estate markets are negatively impacted by the economic crisis and the global financial crisis, Turkish real estate markets are witnessing a strong recovery. It is also noted that while real estate markets throughout Europe are experiencing a significant drop in demand and a decline in real estate prices, Turkish real estate markets are witnessing a big rise in demand, where we notice an increase in the sale of housing units according to statistics published by the [Turkish Statistical ](Institutehttp://www.turkstat.gov.tr/Start.do) Institute, in some periods about %20, have risen compared to similar periods of the past years. This shows that the Turkey real estate sector has high and exceptional growth potential.
The...

How and when was the announcement of real estate ownership law for foreigners in Turkey?
The Turkish government has made significant amendments to the Turkish Real Estate Law regarding the conditions that must be met by foreign individuals wishing to own real estate in Turkey
by approving the law number 6302 on 05.05.2012, where they lifted some restrictions on the ownership of foreigners. And provided some facilities in the conditions to be met by foreign individuals wishing to own real estate in Turkey, with restrictions imposed on citizens of some neighboring countries of Turkey.
The law of property ownership in Turkey does apply the principle of reciprocity
With this law, Turkey has given the right of property ownership to citizens of 183 countries without being subject to reciprocity. The most important reason for issuing this law, which opened the way for foreign investors to own...

The owners for property in Turkey are required to pay certain fees and taxes on time, and property tax is one of these taxes. The real property tax is paid by the real owner of the property or the beneficiary of the property. In the absence of these individuals, the property tax is paid by the owner of the right to dispose of the property.
The real estate tax is imposed on properties located within the Turkish border and is taken by calculating the tax rate from the prevailing price of the property and is paid to the concerned parties at certain times of the year. Each year, the tax calendar determines the dates of payment of taxes for that year. According to the tax assessment issued in 2016, the dates of payment of property tax in this year is as follows:
• First Installment: Starts from the beginning of March and lasts till the end of the official working day on May 31st, which is on...

Work Permit in Turkey - Turkey Investment - Invest Turkey
The Abstract of the Essay: Our topic is about the work permit in Turkey, its importance, the mechanism of obtaining it, its renewal and the exceptions for foreign investments. This article has been accurately translated with a reference to the Turkish Labor law and articles referenced from the Turkish Ministry of Labor and Social Security.
What Does the Work Permit in Turkey Means? Why Is It Important and What Is the Mechanism of Obtaining It?
A term that means application form for obtaining a work permit by the Ministry of Labor and Social Security. The term “work permit” in Turkey indicates the establishment of a work and a license to practice a profession in Turkey.
Its importance came as a result that the resident in Turkey can obtain the Turkish citizenship after five years of continuous work and residence in Turkey and the...

A historical decision for investors in Turkey
Turkish Official Gazette published on Wednesday the decision to amend the executive regulations on the application of the Nationality Law, in several ways.
The amendment’s decision included conditions for which any person who fulfills any of them will be entitled to apply for Turkish citizenship. The conditions are as follows:
• Buying a property worth 250 thousand US dollars at least instead of one million dollars in the previous decision and not sell it for three years.
• Fixed investment of not less than 500 thousand US dollars.
• Providing job opportunities for at least 50 Turkish citizens instead of 100 citizens.
• Reducing the deposit requirement in Turkish banks from 3 million US dollars to 500 thousand US dollars.
Information on the previous law to grant real estate citizenship
The Turkish government announced last year a law that...

The Turkish government has issued recently a law that allows submitting and getting the Turkish visa electronically as you simply apply for tourist or trade visa via the electronic visa system on (https://www.evisa.gov.tr/en/). The e-visa can be obtained via the electronic system, which started in 2013, easily within minutes through the Internet from anywhere in the world.
Currently, the developing of the necessary legislation is in progress to enhance the base of the electronic application of the visa and ensure that foreigners get visas through practical ways to be adopted in parallel meanwhile. In this context, on the 11th of April 2014, the following have been determined:
• Dutch, Norwegian, Polish, German, Arabic, and Chinese were added to the electronic visa system as well as the already existing languages namely English, French, and Spanish.
• You can pay via credit cards, bank...

Most of the entrepreneurs and owners of small and medium enterprises (SMEs) prefer to establish a limited company Ltd. However, you can set up your company according to any type you want to be that joint venture (JV), joint stock, or any other type of well-known companies. In this article, we are going to discover together the steps of establishing a limited company in Turkey, where the minimum capital of the company shall be around 12,000 Turkish Lira that is equivalent to $ 5000.
One person or one legal party is enough to establish a limited company in Turkey. Moreover, this company can be managed by foreigners, yet, they need to get a work permit. The percentage of ownership in the company for foreigners can be 100%.
Establishing a company: Imtilak real estate always recommend enlisting a lawyer, who shall be fluent in English or Arabic, to conduct transactions and official papers. We...

Q1: Do foreigners have the right to own a property in Turkey? When was that? How?
Yes, they do. The Turkish Parliament has issued a decree in September 2012, which gives the foreigners the right of ownership in Turkey, without taking into consideration the principle of reciprocity.
Q2: What are the procedures of ownership in Turkey?
First: choose the right property and prepare the following documents:

1. A copy of the land registry (title deed) or instrument.
2. A legal location description or a copy of the property location from the municipality plan.
3. (PIN) the property identification number in the municipality plan (for lands) Second: get a tax number from the tax department, and that is a very easy process Third: translate the passport into the Turkish language, authenticate the translation at the notary, and get 4 personal photos. Fourth: sign the purchase contract with the seller...

Summary: Learn about smart homes that can be controlled by remotes, a new fad in the real estate world in Turkey, just like Istanbul Palace, Romance Smart Apartments, and Beylikdüzü Projects.
Smart homes are a new fad, in Turkey real estate world, many of the construction companies have begun considering. When we say ‘smart homes,’ we mean those homes that use modern technology. They are fully automated as they rely on technology in all the home parts, and yes that means you can, by a push on a button, control everything in your home, from the lights to the water taps, electrical appliances, TV, air conditioners, kitchen, temperature, and even the doors and curtains.
Furthermore, windows would automatically close when you turn on the air-conditioning system, and what is incredible about these smart homes is that they are equipped with an integrated information network to alert people and...