Real Estate in Turkey Intresting Facts about Investment in Turkey | Page 3

countries, especially the Gulf States, are among the countries that allow their citizens to buy real estate in Turkey. What are the main points that encouraged Arab capital to invest in Turkey?  Turkey's political and social stability in the Middle East.  Facilitating and guaranteeing the rights of foreigners who wish to own property in Turkey, to the point of obtaining life-long staying permits (renewed annually) in Turkey once they own a property.  Turkey’s proximity from the Arab world and the Arab Islamic character spread in all of its cities, and the Turkish ethic, not to mention the nature of the picturesque, the mountains of Trabzon green and blue Bosphorus, Bursa falls and the mild climate wonderful summer. Statistics from the Ministry of Environment and Urban Planning indicate that there are 14,600 foreign investors in Turkey, who bought 13.5 thousand Turkish property in the last year until May 2013. At the top of the foreign investors are the Russians and the British. Kuwait and Saudi Arabia which is at the top of investors Arabs in Turkey. Edited by: Imtilak Real Estate © Sources: Investment Promotion Agency in Turkey World Economic Outlook - International Monetary Fund Reports of the Turkish Statistical Institute "TurkStat"