438 Foreign Nationals Granted Real Estate Purchase Permission
The Council of Ministers has granted permission to 438 foreign nationals to purchase real estate in a recent decision published in the Official Gazette. Out of the 438 individuals, 417 were Turkish nationals, while the remaining 21 were citizens from third states.
This decision is significant as it highlights the growing interest in real estate investment from both Turkish and foreign individuals. The permission granted by the Council of Ministers reflects a positive trend in the real estate market and may lead to an increase in foreign investment in the country.
The purchase of immovable property by foreign nationals can have a positive impact on the real estate sector, contributing to economic growth and development. It also demonstrates the attractiveness of the Turkish real estate market to international investors.
The decision to grant permission to 438 foreign nationals underscores the government’s commitment to promoting investment and economic prosperity in the country. It also reflects the importance of foreign investment in driving growth in various sectors of the economy.
Overall, the Council of Ministers’ decision to allow 438 foreign nationals to purchase real estate is a positive development for the real estate market in Turkey and demonstrates the government’s support for investment and economic development.
