Türkiye Home buyers have increased their prices, which is well known. But the price increase has not stopped the enthusiasm of immigrants who choose to buy houses in Türkiye. Even the Russian-Ukraine war had an impact on this, and a large number of Russians chose to buy houses and immigrate in Türkiye and prepare for their second identity.
identity planning is more common among immigration reasons in recent years. More people choose to have a second passport or visa to meet the needs of business development, asset allocation, children's education, etc. Türkiye is a high-quality option for second identity planning. So in addition to the basic immigration needs of identity planning, what are the advantages and disadvantages of Türkiye's home purchase immigration? Today, the editor of Sanxiang Immigration will tell you the pros and cons of Turkish immigration.
Advantages of Turkish house purchase immigration:
Turkish house purchase immigration has no language or background requirements. The applicant only needs to be over 18 years old and buy a property worth 500,000 euros in Turkey to apply for naturalization.
Turkey's education pays more attention to students' ideological education and independent thinking ability, which is completely different from China's education.
Another biggest advantage of studying in Turkey is that students can apply for a higher-level school in any other region of the world with their Turkey transcript, and will also enjoy the unique treatment of EU students in Turkey. This is a killing two birds with one stone for immigrants studying in Türkiye.
If you don’t want your children to go abroad, it will be easier for overseas Chinese students to get into famous domestic schools.
Turkey is located in the middle of Asia and Europe, and it spans Europe and Asia. Türkiye plays an important role in both military and development. Türkiye's passport can be visa-free in 117 countries and regions around the world, and the passport is also of high value. However, this mainly depends on whether there are countries that the applicant often goes to. If not, this advantage will not be obvious.
In addition to the advantages of superior geographical location and many passport visa-free countries, Türkiye's transportation industry is also very developed. Istanbul trains can travel to major European cities, and the capital Ankara can fly directly to more than 110 countries and regions. Türkiye has more than 100 airports all over the country, and its airline has been rated as the "Best Airlines in Europe" for four consecutive years.
Türkiye passport is a good weapon for the springboard Britain and the United States. As a treaty country for the US E2 visa, Turkish citizens can go to the United States quickly through the E2 visa, and their children and spouses can also go to the United States to study and work. In addition, according to the Ankara Agreement, people with Turkish nationality can go to the UK to work or start a company, and after five years, they can apply for permanent residence in the UK as long as they meet certain conditions.
Turkey's economic development potential is huge and it is known as a "new diamond country". Moreover, it is one of the hottest real estate markets in Europe.
data shows that in July, Turkey's residential price index (RPPI) rose 173.8% from the same period last year. In July, the average unit price of Turkish residential properties was 13936.2 Turkish lira /square meter (about 5342.62 RMB/square meter). In Istanbul, the most populous city, house prices soared by 200.1% from last year, followed by the capital Ankara (181%) and the third largest city, Izmir (162.2%).
Disadvantages of Turkish house purchase immigration:
The official language of Türkiye is Turkish . For people who don’t know how to speak Turkish, communication will be difficult. If you immigrate to Türkiye, it is recommended to choose some big popular cities, with higher English penetration rate.
Many people choose passport immigration for the purpose of tax planning, but Türkiye not only has capital gains tax, but also a country that collects taxes from the world and does not have tax planning convenience.
Turkey has been applying to become an EU country but has not passed the approval. It is also unknown when it will become an EU country. However, if it becomes an EU country, Türkiye's identity will rise accordingly.
or above are the pros and cons of immigration from Turkey for home purchases. The editor of Sanxiang Immigration hopes that applicants will focus on their own needs when choosing an immigration destination. If you don’t know where to choose, you can also read our previous articles. If you have any questions about immigration, you can discuss it with Sanxiang Immigration.
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