چهارشنبه ۲۴ اردیبهشت ۰۴

?Why are foreigners calling Turkey home

Buying property in Alanya and Turkish Residency through Property Investment:

?Why are foreigners calling Turkey home

۱ بازديد

?Why Turkey

When most people think of Turkey, they imagine ancient cities, the smell of sizzling kebabs, warm hospitality, and postcard-worthy coastlines. But there’s so much more to this captivating country, especially if you’re considering living, investing, or settling down here.

Whether you’re a digital nomad, a retiree looking for sunshine, or an investor with an eye for seaside properties, Turkey offers an irresistible combination of lifestyle and opportunity.

 

Straddling Europe and Asia, Turkey uniquely blends tradition and modernity. Istanbul buzzes with life 24/7, while towns like Antalya and Alanya offer the calm beauty of coastal living. From Cappadocia’s fairy chimneys to the turquoise beaches of Fethiye, Turkey is as visually stunning as it is culturally rich.

?Why are foreigners calling Turkey home 

Turkey is also incredibly welcoming. Turkish people are known for their hospitality, offering tea to strangers and often going out of their way to help newcomers feel at home. This friendliness extends to expats, which is why more and more foreigners are calling Turkey home. 

  
 The Cost of Living in Turkey

One of the main reasons people move to this country is the cost of living in Turkey. Whether you're renting a flat or shopping for groceries, you’ll notice that life is far more affordable compared to many Western countries.

Here’s a quick breakdown:

  • Rent: In cities like Alanya or Izmir, you can rent a modern 1-bedroom apartment near the beach for as low as $300–$500/month.

  • Utilities: Electricity, water, internet, and gas usually total $50–$100/month, depending on your usage.

  • Groceries: A trip to the local bazaar can get you a week’s worth of fresh fruits and vegetables for under $20.

  • Dining Out: A full Turkish breakfast spread for two? Around $10. A tasty kebab wrap on the go? Just $3–$5.

Even in big cities like Istanbul, where prices are a bit higher, you’ll find it significantly cheaper than Paris, London, or New York.

Turkish Residency

Getting Turkish residency is surprisingly straightforward, especially if you’re organized. Many expats start with a short-term residence permit, which can be granted for up to 2 years and is easily renewable.
 

?How to Get Turkish Residency

  1. Buy Property: You'll need proof of address (title deed).

  2. Apply Online: Use the official immigration website to apply and book an appointment.

  3. Gather Documents: Passport, four biometric photos, health insurance, and proof of income are essential.

  4. Attend Interview: Submit documents at the immigration office and wait for your permit.  

For those thinking long-term, buying property in Turkey can also open the door to permanent residency and even citizenship if you invest $400,000 or more in real estate.

Property for Sale in Turkey 

From sea-view villas to modern apartments in city centers, the Turkish real estate market is full of options for every budget. Whether you dream of an affordable flat in Alanya or a luxury penthouse in Istanbul, there's property for sale in Turkey for you.

Hot Property Spots:

  • Istanbul: Perfect for investors and city lovers. Fast-growing areas like Beylikdüzü or Bahçeşehir offer excellent returns.

  • Alanya: Coastal town popular with retirees and beach lovers. You can find modern 2-bedroom apartments for $120,000.

?Why Buy Property in Turkey

  • No Restrictions for Foreigners: Most nationalities can own property in Turkey.
  • High Rental Yields: Tourism and short-term rentals can generate strong income.
  • Affordable Prices: Compared to Spain, Portugal, or Greece, Turkish properties are still undervalued.

 

Citizenship by Investment: As mentioned earlier, investing $400,000 in real estate can make you eligible for Turkish citizenship.

 

Also, if you are interested in why Everyone's talking about Alanya or why everyone wants a piece of Istanbul, read our other articles.

 

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