Real estate investment in Turkey or America

Real estate investment in Turkey or America, a question that may have baffled many foreign investors wishing to buy real estate, as there are those who say that real estate investment in Turkey is the appropriate option for those looking to settle and live or even buy apartments in Turkey with the aim of obtaining Turkish citizenship, and there are those He chooses America for several reasons. In this article, we will highlight the differences between them and resolve the controversy to help you make the right decision before investing in real estate.

Comparison between Turkey and America

We will learn about the most important differences between Turkey and America through the following points.

Turkey

1. Turkey is a suitable city for living, for the stability of families, students, and for those looking for a job.
2. The cost of living is generally low and cheap compared to others.
3. Mostly, you will need transportation expenses of $40 and a maximum of $80.
4. Average monthly apartment rents are $500,000 as a maximum.
5. The value of the combined water, electricity, telephone and gas bills ranges from 70 to 120 US dollars as a maximum per month.
6. Most of the expatriates to Turkey are from the Middle East, especially the Arabs, who represent about 60% in Turkey.
7. Its openness to other cultures and at the same time is known for its cultural rapprochement with the Arab countries in terms of religion and culture as well as customs and traditions.
8. The opportunity to obtain an easy residence document, whether it is real estate, tourism, student or family.
9. It includes a diverse real estate market with low prices compared to other well-known countries.

America

1. Transportation costs per month may reach 150 USD.
2. Fixed billing costs may reach more than $400.
3. Apartment rents range between $1,000 and $1,500 per month.
4. There is no convergence between cultures, as the only cultures that prevail are Western culture in particular.
5. Arabs in America do not exceed 4%.
6. America is known for its relatively high cost of living.
7. Many students turn out for the place, because it is the best for study and work.
8. Difficulty obtaining residency with often impossible conditions.
9. It is an ideal place to settle down, live and stay for the long term.

Real estate investment areas in Turkey and America

There are many real estate investment areas in Turkey and America that have witnessed a turnout of investors wishing to invest in real estate or buy apartments. In America, we find that foreign investors are largely heading to real estate investment in New York, California, Philadelphia, Washington, Boston and Los Angeles.

In addition to San Francisco, investors mostly stay away from buying apartments in Milwaukee, Rockford, Baltimore, Little Rock, Kansas and Oakland as dangerous cities with racism in addition to their economic conditions and high unemployment in their areas.

As for real estate investment in Turkey, most countries are suitable for living and stability, as you can buy real estate in Turkey or apartments for sale in Turkey without worrying about any economic problems or even racism, whether it is buying an apartment for the purpose of real estate investment or with the aim of obtaining Turkish citizenship.

Cities that are highly popular with foreigners in Turkey are: Istanbul, Antalya, Ankara, Bursa, Izmir, Sakarya, Trabzon. As for dangerous cities that are not suitable for real estate investment in Turkey, there are no places that might be dangerous as Turkey is known as one of the safest countries politically or economically.

Advantages of real estate investment in Turkey

In recent years, Turkey has witnessed a strong demand for the Turkish real estate market, due to several advantages, including:

1. It was distinguished by its infrastructure, as the Turkish government is keen to provide fertile land and invest in many projects.
2. A purely strategic location where Turkey is the link between Europe and Asia.
3. It was characterized by the presence of various and excellent means of transportation, which facilitates movement around the city and travel to neighboring areas.
4. There is no racism between the Turkish citizen and the foreign investor in Turkish law, even in transactions on the ground.
5. Turkey witnessed a strong economy and a remarkable recovery in the Turkish real estate market.
6. The opportunity to obtain Turkish citizenship by buying a property in Turkey with a minimum value of $400,000 and giving it to your family members.
7. The possibility of obtaining a Turkish passport after submitting an application for Turkish citizenship and enjoying travel to approximately 116 countries without a visa.
8. You can obtain real estate residence when investing in real estate in Turkey at a value of $75,000 in major states such as Istanbul.
9. The facilities of the Turkish law on freehold ownership, as it does not require a specific period of time for the ownership of the Hoggar, and the property becomes the property of the buyer and he has the right to pass it on to his children.
10. The Turkish government has worked to provide privileges to foreign investors that facilitate real estate investment in Turkey.
11. Reaping huge revenues and huge financial profits by buying an apartment in Turkey and renting it during the tourist seasons.
12. The Turkish government allows foreign investors to transfer all their financial returns and investment profits back to their country without any conflict.
13. A foreign investor can own 30 hectares of real estate in Turkey, provided that the percentage of ownership in each region does not exceed 10% of the total area.
14. Take advantage of tax incentives when buying apartments in Turkey.

The real estate sector in Turkey or America

Each market has certain capabilities that may be suitable for some investors and others may not suit them, but nevertheless Turkey has witnessed in recent years tremendous growth and a developed real estate sector, with the clear rise in real estate prices in Turkey, which means an increase in demand for apartments and new properties that are being built. In major cities which indicates the prosperity of the real estate sector in Turkey.

Live in Turkey or America

Turkey has become a competitor not to be underestimated at all, although America was a dream common to many people around the world, but the difference between living in Turkey or America is that Turkey is suitable for many investors in addition to the facilities provided by the Turkish government to buy apartments in Turkey with the aim of obtaining Turkish citizenship, in addition to that, it has become easy to obtain a Turkish passport, which enters many countries around the world within many facilities, including one that does not require a visa at all, and another that grants its holder an automatic visa upon arrival.

IstHomes real estate company always answers your questions:

We are keen to constantly monitor various and important topics.
We answer your inquiries aboutTurkish citizenship.
We talk aboutreal estate residencyand other residencies.
We share with you the steps tobuy real estate in Turkey.
We offer you information about real estate investment in Turkey.
We simplify the procedures that you must take when buying a property in Turkey.
We highlight the most important areas for buying apartments in Istanbul.

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