- Can a Jordanian own a property in Turkey?
- What types of real estate do Jordanians have the right to own in Turkey?
- Is there a limited number of properties that Jordanians are entitled to own in Turkey?
- What are the solutions to the difficulties facing Jordanians owning some types of real estate in Turkey?
We will answer all relevant queries. At the end of the article, a new episode of the "Real Estate Best Decision" program entitled "Ownership of Jordanians in Turkey" presented by Abdullah Al-Hammad CEO of IMTILAK Real Estate Company.
With the increasing interest in real estate investment in Turkeyand the availability of distinctive real estate projects, Jordanians have shown great interest in investment opportunities in various Turkish cities. This coincided with a package of facilities offered by the Turkish government to encourage real estate investment, including the amendment of some laws and the opening of many nationalities to ownership. Direct.
Types of Properties that Jordanians Can Own in Turkey
Jordanian and Palestinian possessing a Jordanian passport have a right to own real estate in Turkey; when the Turkish Property Law was passed in 2012, it was accompanied by a list of certain nationalities, including Jordanian nationality, where a Jordanian citizen was allowed to buy two residential real estate, one commercial property, It can be a shop or an office.
As for the land, this law does not include Jordanian nationality. Therefore, Jordanians who wish to own the lands are advised to establish a small company in Turkey so that they can register the land in the name of this company.
The Interest of Jordanians in the Turkish Real Estate Market
According to the statistics of the Turkish Statistics Department, the number of apartments owned by Jordanians reached 483 properties in 2017, compared to 345 properties for 2016. As a result, Jordanians occupied a high rank of foreigners owning property in Turkey.
The statistics for the first month of 2018 showed an increase of over 100% for Jordanians compared to the same month last year.
The Jordanian nationality ranked 7th in the list of foreign nationals most property owners in Turkey for 2018.
Legal Documents required to complete Procedures for the Possession of Jordanians in Turkey
In order to complete the real estate acquisition procedures in Turkey and the title deed papers, the following are required:
1- Acquiring a tax number.
2. Translation of the passport into Turkish.
3. Ratification of the passport translated by the notary public or through the Turkish embassies abroad.
4. Two personal photographs.
5 - Paying the fees of the title deed.
6 - The presence of the official or his official agent, under the submission of a notarized power of attorney notary, or through the Turkish embassies abroad.
Facilities Offered to Jordanian Investors in the Turkish Real Estate Sector:
The Turkish government is working to provide various tax breaks and exemptions in the real estate sector and to encourage the establishment of high-end real estate projects to meet the expectations of the promising real estate market. With the possibility of convenient installment for foreign investors, and facilitate the granting of residence visa and exceptional Turkish citizenship for investors if they own property of a specific value.