Realtor TurkeyReal Estate Chairman of the Board Anıl Ulaş Övençoğlu reminded that the 250 thousand dollar investment or direct housing purchase requirement, which is one of the principles of Turkish citizenship, will be increased to 400 thousand dollars in 2023, and this will not affect the current pricing in housing prices. For this reason, people who come for foreign investments will not experience any negativity from the aforementioned regulation if they apply for Turkish citizenship. He also made statements that would not have any negative consequences for their future plans. Famous investor Anıl Ulaş Övençoğlu, who reminded that the country is going through a difficult period and that he has increased his commitment to foreign currency inflows, said that foreign nationals can choose Turkey as an important market not only for citizenship but also for investment, for real estate investments. Realtor TurkeyReal Estate Chairman of the Board Anıl Ulaş Övençoğlu, who stated that there will be activity in the housing market in the coming years, said that the dynamics of the market are developing more and more and this makes investments more attractive.
It Could Mean a Loss of Currency
Realtor TurkeyReal Estate Chairman of the Board Anıl Ulaş Övençoğlu stated that although it is said that the said arrangement was made to increase the foreign exchange inflow, this situation could actually risk at least 2 billion dollars of foreign currency inflow. According to Anıl Ulaş Övençoğlu, it is seen that the loss that may occur in the said period is not caused by foreign citizens and is a reflection of the refugee problem. In this case, Ukrainian or Russian citizens do not increase this market, on the contrary, they mention that they play an important role for the sustainability of the market.
Mentioning that Ukrainians who have come back since the war have rented at least 10 thousand houses, the famous entrepreneur said that this had a narrow effect on rental prices and never made a big difference. He argued that inflation and refugees played an important role in these rent increases.
