The advantages of foreign citizens purchasing real estate in Istanbul can be truly diverse and appealing. I remember, a few years ago, a friend of mine mentioned several advantages of real estate acquisition when he wanted to relocate from abroad to Istanbul.
Among the advantages of owning real estate in Istanbul is the opportunity to qualify for Turkish citizenship. Especially, Turkey's "blue card" program provides foreign citizens who own real estate the chance to apply for Turkish citizenship.
Additionally, along with Istanbul's historical and cultural texture, being a constantly developing and growing metropolis is also an attractive aspect for foreign investors. Especially properties located in the central areas of Istanbul can be advantageous in terms of transportation facilities and potential rental income.
Furthermore, the conveniences provided to foreign investors for real estate acquisition in Turkey are noteworthy. With recent regulations, the process of real estate acquisition for foreign investors has been further streamlined.
The advantages for foreign citizens wanting to purchase real estate in Istanbul are indeed noteworthy. I have also observed that real estate investments made by foreign investors in Istanbul have yielded successful results. Hopefully, this information serves as a guide for foreign investors.