العربية
Turkish real estate 2023 Foreigners bought 35 thousand And 5 properties
last year 2023, according to official figures issued by the Turkish Statistics Authority.
The most Arab nationalities buying real estate in Türkiye 2023:
- The annual real estate sales report in Türkiye issued by the Statistics Authority included the names of 20 foreign nationalities.
- Its citizens owned a total of 35 thousand and 5 properties last year.
- This list included the names of 7 Arab countries that were the most purchased for the year 2023, and these nationalities are:
1-Iraq:
- Citizens of the State of Iraq purchased 1,917 properties in the year 2023
- Thus, they topped the list of Arab nationalities that owned the most Turkish real estate
- They ranked third globally after Russia and Iran.
Turkish real estate 2023
2- Kuwait:
- Kuwaitis own 822 properties in 2023
- They occupy second place in the Arab world
- And ranked eighth globally.
3-Saudi Arabia:
- Saudi citizens were able to purchase 810 properties in 2023
- To come in third place in the Arab world
- And in ninth place globally.
4-Egypt:
- Egyptians acquired 474 properties in 2023.
- To obtain fourth place in the Arab world
- And 14th place in the world.
Turkish real estate 2023
5-Jordan:
- Jordanians bought 384 properties in 2023.
- They thus secured fifth place in the Arab world
- And 16th in the world on the list of foreign nationalities with the most ownership.
6-Palestine:
- Citizens of the State of Palestine owned 336 properties in 2023.
- Thus, they occupy sixth place in the Arab world
- And 17th place globally.
- Turkish real estate 2023
7-Yemen:
- Yemeni purchases of Turkish real estate reached 333 properties in 2023.
- Thus, they ranked seventh in the world
- And 20th place in the world.
Turkish real estate 2023
Motives for Arabs buying real estate in Türkiye:
- Geographical proximity, as Türkiye borders the countries of the Arab world to the south.
- Ease of movement by land, air and sea to Türkiye from all Arab countries.
- The historical relations between the two peoples dating back to the era of the Ottoman Empire.
- The presence of a large Arab community in Türkiye exceeding four million Arabs, most of whom are in Istanbul.
- The similarity of customs, traditions, and family privacy between Turks and Arabs.
- The possibility of registering children in Turkish, Arab and international schools in Türkiye.
- The Turkish language is easy to learn due to its closeness to Arabic and the presence of 5,000 common words.
- Turkish laws allow all Arabs to own Turkish real estate, except for Syrians.
- Citizens of several Arab countries were able to travel to Türkiye without a visa.
- Easily granting a pre-electronic Turkish visa to the majority of Arab countries.
- Tax reductions and exemptions when purchasing Turkish real estate and the possibility of benefiting from them.
- Obtaining real estate residency in Türkiye for the property buyer and his family when purchasing a property worth $200,000.
- Obtaining Turkish citizenship for the property buyer, his wife, and his children under 18 years old when purchasing a property worth $400,000.
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