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7 reasons for living in Turkey

Last edited:Feb 11, 2024
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7 reasons for living in Turkey
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Living in Turkey has become a target for many people , especially Arabs , because it is one of the most suitable countries to live and settle in . Urban development , continuous development , natural wealth , quality of education and health , and other advantages that distinguished Turkey from the rest countries of the world .

It is known that Turkey is surrounded on three sides by the sea , and it is considered as the center of gravity in terms of tourist attraction , and also in terms of its investment wealth in major cities , especially Istanbul and the Mediterranean and Aegean cities , it is one of the regions most favored for foreigners .

 

In recent years , interest in investment opportunities has increased within the various Turkish cities , and this coincided with the availability of distinctive real estate projects , and with a package of facilities that the Turkish government provides to foreigners constantly to encourage real estate investment , including amending some laws and opening the door to many nationalities for direct ownership . Accordingly , Arab investors increased interest in heading towards Turkey with the aim of investment or stability .

The process of facilitating obtaining Turkish citizenship , and this by reducing the purchase value of the property to $ 250.000 , is one of the opportunities that attract foreign investors to Turkey , in addition to a number of other reasons that we learn about in the following article .

 

RH 80- apartments with Bosphorus view and suitable payment plans in Sisli 

A first class residential and investment project in the center of Sisli , specifically in the fast growing Bomonti area .

The project is located in one of the most famous areas on the European side of Istanbul , Bomonti district , a growing area that attracts the attention of investors at the moment , which is characterized by easy access to the most vital places in the city , and its proximity to shopping centers , airports , hospitals , universities and schools .

The project location is just 8 minutes away from Taksim .

This project has been designed in line with the highest quality standards in real estate in Turkey .

All apartments have private balconies with views of Istanbul or the Bosphorus .

The project includes special facilities that provide residents with comfort and entertainment and meet all their needs such as swimming pools , gym, walking paths , sport courts and restaurants , in addition to surveillance cameras and security .

Invest in this project today and benefit from its prices which will increase by 40% after the completion of the project .

All the project details in this link : RH 80

  1. Cost of living in Turkey :

Although there is a global development in Turkey , the cost of living is very low . Real estate investments can be made appropriately for each budget through direct advisory services . In addition , rental costs are low . It is possible to live in the best conditions with low budgets along with regional changes . Two people can have lunch in a medium-quality restaurant , for 45 TL . At the same time , there are shops that are affordable to buy household items . Turkey is one of the rare countries where you can save and on the other hand live in luxury standards in the best conditions .

 

  1. Turkey's geographical location :

The geographical location is another important factor for the prosperity of Turkey , as it is a link between Europe and Asia , and has provided a functional role and a paradigm shift in the field of trade between the two continents .

Also , the nature and climate of Turkey is considered to be heaven on earth . Turkey is a unique country with its natural beauty , green areas , the pure sea , golden beaches , meadows and flat lands , and thanks to these advantages , the tourism sector in Turkey occupies an important place in the desire of investors to obtain a Turkish passport .

 

  1. The Turkish economy is constantly growing :

The Turkish economy has witnessed development and growth during the past few years as it has achieved unprecedented growth rates , and accordingly , real estate prices in Istanbul have been greatly affected and recorded during the two years 2017 , 2018 , a remarkable increase due to the increased demand by foreign investors , especially Arab investors , as they were attracted by the low real estate prices in Turkey compared to real estate prices in the Arab countries and Europe . In addition , residential projects in Turkey compete with their quality and beauty for similar ones spread in Europe and the world in many aspects , such as interior decoration , materials used in construction , the natural surroundings of gardens , green spaces and charming sea views .

The Turkish economy is one of the most economies around the world that have a brilliant future . Expectations indicate that during the next ten years it will become one of the fastest growing economies around the world because of its attraction of $ 15 billion in foreign investment annually , and the amount increases every year , and it is the sixteenth largest economy around the world .

According to the opinions of economists , Turkey has developed investment plans for the year 2020 that will make it compete with the top 10 markets in the world , such as Russia , America , China and India , and it is moving steadily to achieve its goal , and we are now witnessing the beginning of this success of Turkey's investment plans that will see light by the year 2023 .

The real estate market in Turkey in general , and in Istanbul in particular ,  is witnessing a great recovery and development , witnessed by figures and statistics issued by the specialized institutions for statistics , where a previous statistic showed that the number of properties sold in Istanbul alone during only September of last year 2019 has reached 8 thousand and 347 properties , and Istanbul is considered as one of the biggest selling points where the best types of real estate investment are available in Turkey , and the Turkish real estate market is within the budget of most investors .

 

  1. Continuous development in construction , technology , and infrastructure :

The ongoing reforms undertaken by the Turkish government with the aim of constantly reviving its economy , as it is a country with a bright future . And from that , its total sufficiency of natural resources and its export of agricultural products , cars and furniture to various countries around the world . In addition to the huge development projects adopted by the Turkish government , such as the opening of Istanbul International Airport , the largest airport in the world , the launch of the Istanbul International Financial Center , and the continuous development of the transportation and train network .

The economy of Turkey is characterized by rapid growth and development . In the twenties of the last century , Turkey was only a fully agricultural country , but now it is one of the most important industrial countries that export its products to all parts of the world . The centers of Turkish industry and trade are concentrated around the Istanbul city area and in the rest of the major cities . In Turkey , the industrial , commercial , agricultural , tourism , real estate and educational sector thrives in Turkey , and from it the country became self-sufficient and its import from abroad decreased .

The infrastructure in Turkey has advanced high technology in all the things that a successful investment requires from transportation , remote means of communication and advanced marine transportation facilities and is characterized by its low cost .

Turkey allocates huge infrastructure projects to budget and well-studied and developed plans , all of which stems from its true belief in the importance of infrastructure and how the existence of such strong structures will be the first and essential step for development and confirmed renaissance .

The infrastructure projects planned by Turkey are in several directions , including :

First : Developing the transportation infrastructure :

As the Turkish government decided to pay special attention to intensive means of transportation , road networks , trains , and railways , as well , the Turkish government pays attention to airports and facilities for the public transportation sector , as it allocated to those structures in the range of 135 billion USD , and this is considered much of the budget for infrastructure development .

Second : Development of energy centers :

The Turkish government attaches great importance in the fields of energy and its sources , as it started to allocate a huge budget for the development of energy projects , such as centers for solar energy generation , and other nuclear and wind energy, and had been allocated to them in the range of $ 125 billion .

Third : the development of facilities and large cities :

The Turkish government has also made a comprehensive plan for the development of construction in large and vital cities , in order to make an integrated plan for the advancement and preservation of the beauty and legacy of those cities , which are a major source of tourist attraction and a facade that reflects the inherent beauty of Turkey , and the government has allocated it in 40 billion dollars in budget .

Besides , Turkey is closely following technological developments , and the Turkish government knows that supporting technological developments is a critical step , as this age is the era of technological progress .

  1. The incentives offered by the Turkish government to foreign investors :
  • As the Turkish government provides facilities and incentives for foreign investors who want to invest in Turkey , and through this it gives them the right to obtain Turkish citizenship according to several conditions :
  • When buying a property in Turkey with a value of two hundred and fifty thousand dollars at least $ 250.000 , provided that the property is preserved and not sold for three years .
  • When investing in fixed capital with no less than five hundred thousand dollars , $ 500.000 .
  • Turkish citizenship is granted to foreigners who show a document proving that they have deposits in the bank with a value of no less than five hundred thousand dollars , $ 500.000 , and that the deposits remain in the bank for a period of three years .
  • Turkish citizenship is granted to foreigners who prove that they have purchased borrowing bonds from the state , provided that these bonds are not sold for a period of three years .

And those who obtain Turkish citizenship enjoy many advantages , including :

  • The strength of the Turkish passport , as the Turkish passport ranks 39th globally , giving its holder the right to enter 72 countries without a visa .
  • Turkish passport and Turkish nationality are processed and delivered in a relatively short period of up to 30 days .
  • Turkey's relationship with the European Union , where negotiations and agreements are still ongoing between the Turkish government and the European Union countries regarding Turkey's accession to the European Union . Turkish citizens have the right to enter Europe without a visa in the future .
  • The ability of Turkish passport holders and Turkish citizenship to benefit from retirement programs as a Turkish citizen .
  • The Turkish government provides free education and payment plans to the university for holders of Turkish passport and Turkish citizenship .
  • The Turkish passport gives its holder all voting rights for all types of elections in Turkey .
  • The Turkish government allows dual citizenship for those who hold Turkish passports , as they can also have dual citizenship .
  • The Turkish passport has a validity of 10 years upon receipt and can be renewed for life .
  • The economic importance of Turkey , including the ongoing reforms undertaken by the Turkish government with the aim of always reviving its economy .

 

RH 163 - One of the best projects in Maslak , ready for housing with a view of Belgrade Forest 

Apartments for sale in Istanbul in a huge project like a full-service city , which includes a shopping center , 5-star hotel and integrated social facilities .

The project provides an ideal choice for housing and investment . The project was built in three phases : the units of the first residential phase have been completed and fully sold , the second phase includes shops and a shopping center , while the third and final phase is a mixture of residential and commercial apartments .

The project is located on the European side of Istanbul , specifically in Maslak , one of the largest real estate development areas in the city .

Maslak is one of the main central districts of Istanbul and it is one of the fast-growing areas of the city .

Maslak area is close to transportation links that will take you to all parts of the city in a few moments , and you can easily access the main areas and sights of the city .

Maslak is the ideal area for investment in Istanbul , where it promises high profits and high returns on investment in a few years .

The project is located only minutes away from Taksim and Levent , not more than 5 minutes from Bosphorus , and 25 minutes from  Istanbul's third airport , which gives it strategic and investment importance .

The project is located near the metro station and public transport .

The project is located in the Cendery Valley , among the regions of Istanbul that have gained the highest value .

The project is located next to Maslak and Levent , which provides a pleasant life with transportation opportunities .

The project attracts attention through its location close to shopping centers , arts , health facilities , transportation and education centers .

All the project details in this link : RH 163

  1. Quality of health services :

Health services in Turkey is one of the best in the world . Over the past twenty years , the country's strong economy has managed to develop medical infrastructure . In addition to modern hospitals in the country's centers and the latest medical equipment , hospitals in small areas have equipment that specializes in the standards of major cities . Educational institutions teach medical professionals . The presence of health insurance for foreigners residing in Turkey is compulsory and foreigners can obtain the best health services in every region of Turkey .

 

  1. The Religious Importance of Turkey :

Turkey , the country of Islamic successions and the Ottoman Empire , has many ancient mosques , and a visit to the country is not complete without a walk around mosques ,  with impressive artistic architecture . The Republic of Turkey is known for its large number of mosques , which is famous for its high-level architecture in the design of mosques . In Turkey in general , according to the recent statistics , there are about 84 thousand and 684 mosques . The city of Istanbul is the most host city for mosques in Turkey , where it hosts about 3684 mosques , followed by the city of Konya with 3115 mosques , and then the capital Ankara with 2955 mosques .

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