With scores of foreign property buyers considering Turkish citizenship after the government slashed the costs of the criteria, we have put together a useful step-by-step guide for those thinking of applying. What's happened? Back in September 2018, the Turkish government reduced the qualifying criteria for a real estate investment from $1 million to $250,000. This has resulted in nearly 300 investors, mostly from the Middle East, applying for Turkish citizenship, and enabling more than … [Read more...]
Turkey’s most popular expat areas
Turkey is becoming a major hub for investors from the Europe and the Middle East, thanks to low property prices, wonderful locations and a welcoming society. But savvy investors are also wise to the fact that where other expats have settled, there is likely to be a better chance of relocating smoothly and fitting into the lifestyle, as well as snapping up property that could serve as rental generators. For those that like to research locations of properties and where most foreign … [Read more...]
How Much Money Can You Bring Into Turkey?
The good news is that there are no limits on the amount of money you can bring into Turkey. Even if you want to bring a suitcase full into Turkey, this will be no problem - as long as you look after it of course!The only requirement if you arrive from a country outside of the EU with 10,000 euros in your suitcase is to sign a declaration form when you arrive at customs. All you need to do is complete the form at the HR Revenue & Customs.]]> … [Read more...]