Real estate investment in Türkiye for Palestinians
Due to their social and political circumstances, the Palestinians found Turkey, with its facilities and privileges, in addition to its vital location and economic prosperity, an ideal destination for residence and investment. In this article from Ebla Real Estate, we will provide a guide on the real estate investment in Türkiye for Palestinians.
Real estate ownership law in Türkiye for Palestinians:
Within the framework of government support for foreign investments.. Turkish law allowed Palestinian citizens in 2012 to purchase various types of residential, commercial and agricultural properties.. Provided that the area of their real estate properties in all Turkish cities and regions does not exceed 30 hectares.
It is worth noting that in the past, Turkish law did not allow holders of Palestinian travel documents to own and invest in real estate in Turkey. Rather, only Palestinians holding a “Palestinian Authority passport” were allowed to buy Turkish real estate.
However, in 2019, a law was issued allowing holders of Palestinian travel documents to invest and buy real estate in Turkey and obtain citizenship if they meet the conditions.
Documents required for real estate investment in Türkiye for Palestinians:
- Obtaining the approval of the Turkish Ministry of Interior.
- Pay the property tax, which 4% of the property value.
- Extracting a tax number.
- A valid passport and a translated copy thereof certified by the notary.. Or a travel document issued by the country of asylum and a translated copy thereof certified by the notary.
- Personal Photos.
Real estate investment in Türkiye for Palestinians:
The Turkish government provides support and incentives to all foreign investors.. Including Palestinians, who receive more facilities in various commercial and investment fields.
Among the features of the real estate investment in Türkiye for Palestinians provide, we mention:
- The ease of real estate ownership for Palestinian in Türkiye.
- The possibility of obtaining Turkish citizenship in exchange for purchasing a property worth $400,000, which is one of the most important incentives that contributed to the prosperity of real estate investment in Turkey for Palestinians.
- Thanks to the diversity of the investment options in various residential, commercial and agricultural properties, high profits and high returns have been achieved.
This was the most important information regarding real estate investment in Türkiye for Palestinians.. Provided to you by Ebla Real Estate.
Edited by: Ebla Group Real Estate
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