Living in Turkey
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The maintenance of real estate in Turkey costs foreign investors far less than in European resort countries, such as Spain or Italy. The amount of taxation and utilities are relatively small when buying a home, and there are simplified options for obtaining Turkish citizenship. It is important to be aware of the expenses involved before you make a...
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For investments in residential real estate to be profitable and pay for themselves as quickly as possible, keep in mind the characteristics (square footage, etc.) as well as the location. There are areas in Turkey where the property and different locations are rapidly becoming more expensive because of their proximity to different types of...
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Much information is available, depicting Turkey as one of the world’s most popular destinations to visit and relocate to. The country is among the top ten leaders in the world in this category, and there are many reasons why the country is so attractive to foreigners. But, who are these migrants, how many of them are there, and which nationalities...
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A dual-citizenship is not only a bonus for an investor with access to many benefits of living in another country but is also an effective investment tool. From this point of view, we want to consider citizenship in Turkey, the conditions, and the process of obtaining it. Content: Benefits of Turkish citizenship A residency is an option for...
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Each country has its own rules for issuing visas and citizenship, benefits, and the difference between them. There is a legal gap between residence and citizenship, the difference between them is nominal, and foreign nationals are not usually permitted to have citizenship at all, only resident cards. Turkey, of course, has its own position on this...
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The Turkish tax system is simple. It is available to all categories of the population. It is unified. Only the amounts of money taken from individuals vary. All taxes can be divided into three categories; direct income taxes, indirect taxes, and social taxes (the wealth tax goes into the social security system). This article will also discuss...
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This article is devoted to the rights of ex-pats who want to move to Turkey. We offer you an opportunity to become acquainted with your rights in healthcare and social security. We will inform you of your options when looking for a job, as well as how to buy real estate and how this can lead you to obtain a resident visa or citizenship. We...
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In a cite (private residential complexes), there are many common areas. Additionally, how exactly they should be shared is often controversial between apartment owners. Many are dissatisfied with how neighbors decide where theirs and someone else's spaces are. Moreover, it is not the owners and their family members who cross the border of "mine...
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One may feel overwhelmed when researching the current situation in the global real estate market. Some note that Asia is leading the market, others encourage investments in the Spanish market, and some sway toward the markets of Arab and African countries. Each one of these choices has its pros and cons, including the real estate market in Turkey....
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LEADERS AND ANTI-LEADERS CITIES In the fourth month of the year, 95 863 housing units were sold in the Republic of Turkey. This is 124.1% higher than in April 2020. Three "leaders in sales" have remained unchanged for several months already, as well as the approximate percentage in the total number of sales. Istanbul is in the first place with 19...
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