Barman: Property Sale to Foreigners Will Increase

Barman: Property Sale to Foreigners Will Increase

Deik Türk Yemen Chairman of the Business Council and Beytürk Chairman of the board Muhammet Uğurcan Barman, a positive increase in housing sales to foreigners in the first quarter of 2019, when the lower limit of housing investment for citizenship was reduced to $ 250,000…

Deik Türk Yemen Business Council Chairman and Beytürk Chairman Muhammet Uğurcan Barman stated that the lower limit of housing investment for citizenship was reduced to $ 250,000 in the first quarter of 2019, bringing positive increases in housing sales to foreigners. Barman, “we believe that the sale of Housing to foreigners will continue to increase further in the second quarter of the year. The sale of 9.618 houses reached in the first quarter of 2019 will exceed 10 thousand.”

According to Mr. Barman, home sales to foreigners, which are an important component of the statistics on housing sales, have been steadily increasing for the last year. With the possibility of citizenship provided for the purchase of real estate and the amount reduced to 250 thousand dollars with the continuous discount after the first application, this sector is experiencing the best period of sale of housing to foreigners. Iraqi citizens, who have long been leading in Turkey, are at the top of the list in housing purchase.”

Beytürk, which has become one of Turkey’s largest housing brands in the Middle East, is preferred by many Gulf countries such as Iraq, Jordan, Syria, Dubai, UAE, Qatar, Bahrain or Lebanon by producing real estate projects in Yalova and its environs.

Deik Türk Yemen Chairman and Beytürk Chairman Muhammet uğurcan Barman said: “We have seen that the douping of the real estate sector continues to increase in the first quarter of 2019 after the granting of Turkish citizenship to foreigners who buy real estate more than a certain limit in housing sales and then decreasing the citizenship limit from $ 1 million to $ 250 million. According to the data, Iraqi citizens, who have been leading a long-standing position in the purchase of housing from Turkey, are at the top of the list. Iraqi citizens, respectively; The citizens of Iran, Russia, Afghanistan, and Saudi Arabia are the following in the list”.

Barman: “Gulf countries are very eager to trade and invest with Turkey”

Muhammet Uğurcan Barman, chairman of the board of beytürk, said: “in the Arab world, there is a great desire to cooperate with Turkey in the fields of trade and investment. It will be in Turkey’s interest to maximize economic relations with the Arab Union.

 

Turkey and Syria will be united insha’Allah, these are the positive signs of it. Our trade with the Gulf, which was 9 billion dollars in 2003, has increased to 56 billion dollars as of today. This figure is estimated to be 70 billion dollars in 2019.”