Why are Yemenis increasingly owning real estate in Turkey?

Turkey is one of the most prominent investment destinations for Yemeni investors, thanks to the attractive investment laws provided by the Turkish government. From special tax exemptions to real estate residency facilitation and even the possibility of obtaining Turkish citizenship, owning property in Turkey has become a strategic option for many Yemenis. MBANY Real Estate Company, a leader in the real estate investment sector in Turkey, offers you a comprehensive guide to understanding the reasons behind this growing trend and how to benefit from these opportunities.

Advantages of Property Ownership in Turkey for Yemenis

1. Tax Exemptions: Yemeni investors enjoy special tax exemptions when purchasing properties in Turkey, with recurring discounts throughout the year according to Turkish real estate law.
2. Residency Facilitation: Owning any property in Turkey valued at over $200,000 allows for obtaining a renewable annual real estate residency, which includes the head of the family, their spouse, and children.
3. Obtaining Turkish Citizenship: Under Turkish law, Yemenis can acquire Turkish citizenship through a real estate investment of over $400,000, with the possibility of including the spouse and children under 18 years old.
4. Ease of Procedures: The process of purchasing properties in Turkey is characterized by the ease of transferring ownership and even inheriting the property, making it a safe and profitable option for Yemeni investors.

Investing in Turkey: The Passion of Yemenis Today

According to data from the Turkish Statistical Institute, the number of Yemenis who purchased properties in Turkey has significantly increased, ranking high among foreign nationalities owning real estate in Turkey. This large turnout reflects the confidence of Yemenis in the safe and vibrant investment environment that Turkey offers.

What Types of Properties Can Yemenis Invest In?

• Residential Properties: Such as apartments, villas, houses, and palaces.
• Commercial Properties: Such as shops, offices, and hotels.
• Land: Such as farms and land designated for construction.

Steps to Property Ownership in Turkey with MBANY Real Estate Company

1. Choosing the Right Property: We offer a wide range of properties in Istanbul, Antalya, and other Turkish cities.
2. Signing the Purchase Contract: You can attend in person or authorize someone to act on your behalf through an official power of attorney.
3. Submitting Required Documents: Such as the tax number and translated and certified passport.
4. Opening a Bank Account: To transfer the property price easily and securely.
5. Completing Procedures at the Title Deed Office: With a sworn translator if necessary.

Services of MBANY Real Estate Company

At MBANY Real Estate, we provide comprehensive services that include:

• Submitting files for obtaining Turkish citizenship.
• Property Management: We are ready to rent out the property if the purpose of the purchase is rental income.
• Special investment offers with a professional consulting team that will accompany you on a property tour from the moment you arrive in Istanbul.
• The company owns exclusive and special properties related to investment land.

Why Choose MBANY Real Estate Company?

At MBANY Real Estate, we are committed to providing an exceptional investment experience for our Yemeni clients, from selecting the right property to managing the assets after purchase. With us, you will find everything you need to achieve your investment dreams in Turkey with confidence and security.