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The answer is yes! It is a pretty simple process and is the same for all foreign buyers.
There are many Pakistani real estate buyers and vacationers who visit Turkey. According to the Association of Turkish Travel Agencies (TURSAB), 27,860 Pakistani visitors come to Turkey in 2021.
They fall in love with the country, thanks to its similar culture and history. As a result, they want to settle here due to the many opportunities it offers.
Under the legislation of Reciprocity Law, people from more than 50 countries were unable to own property in the country before 2012. But now, thanks to the modifications enacted by the Turkish government in 2012, all other nationalities can purchase all types of real estate in Turkey, except for Syria, North Korea, South Cyprus, Armenia, and Cuba.
The outcome of these modifications also drew a lucrative picture in the Turkish real estate market based on numbers. In 2021, property sales made to foreigners increased by 43,5% compared to the previous year and reached 58,576.
The process of buying property in Turkey is very simple if you work with a good reputable real estate company that will guide you through every step. Foreigners who do not speak Turkish may have a hard time because of the language barrier. Therefore, expert guidance can help foreigners to fully understand and be aware of the ins and outs of the process.
Tekce Visa has years of experience in the real estate market with thousands of properties sold to many happy customers. We have agents who speak Urdu, English, Turkish, and many other languages.
Once your selection is narrowed down and the desired property is decided, there are a few documents required for deed transfer (Tapu). The title deed is a legal document issued by the General Directorate of Land Registry and Cadastre. It proves you are the owner of the property.
The required documents for the transfer are as follows:
If you do not have time to be physically present in Turkey, you can appoint a representative with a Power of Attorney to complete the transaction on your behalf.
Yes. Also, acquiring Turkish citizenship for Pakistanis is not difficult, thanks to the dual citizenship agreement between the two countries. Buying real estate in Turkey is the most common way to become a Turkish citizen.
You can purchase a property for a minimum of 400.000 USD with the condition that you do not sell it for at least three years. In addition, there is no requirement for a minimum residency duration to apply.
Furthermore, residence in Turkey is not even required to apply. You can own one or more properties, but you must apply for all of them at the same time.
After 3 years, you are free to sell your properties and keep your Turkish passport. The requirements for getting a Turkish passport are the same for all nationalities. Citizens of Pakistan, Russia, Afghanistan, and Azerbaijan can obtain Turkish citizenship through some necessary procedures.
There are also many benefits to being a Turkish citizen such as free medical insurance, education, and pension programs. To add more:
In conclusion, the process of buying real estate as a Pakistani does not require specific conditions. It is a simple process with experts. There is a noticeable demand for property investment options in Turkey. So, the real estate value usually goes up, which makes them a perfect long-term investment!
Contact us for more information about the conditions of purchasing real estate in Turkey and citizenship for Pakistani.