A detailed guide on the ownership of Palestinians of 48 in Turkey

Do Palestinians of 48 have the right to own property in Turkey?

The Republic of Turkey is an open and attractive country for foreign investments, as Turkish laws allow foreigners to own real estate within the country.

In this regard, all nationalities in the world have the right to own property within Turkish territory, except for four countries mentioned by Turkish law, namely Cuba, Syria, North Korea and Armenia.

Based on the foregoing, the Palestinians of 48 are entitled under the law to own property inside Turkish territory, as the Palestinians of 48 are holders of “Israeli” passports, and they are treated in Turkey as “Israeli” citizens, and the Israeli occupation state does not fall according to Turkish law among the countries whose citizens are not allowed ownership in Turkey.

Conditions for Palestinian of 48 to own in Turkey

The general conditions for foreigners’ ownership of real estate in Turkey itself apply to the Palestinians of 48 without other exceptional conditions. They can own property in Turkey by purchasing real estate and registering it in the Turkish Land Registry in their names registered in their passports.

It applies to them to obtain a real estate appraisal report for the property upon purchase, as foreigners in Turkey are obligated to extract this document to ensure that they do not fall into fraud.

Palestinians of 48 (inside) are also required to pay the price of the property through the bank transfer of the property owner, and this is a law that applies to foreigners and Turkish citizens alike when buying real estate in Turkey.

With regard to turkish citizenship transactions through real estate investment, the property or group of properties purchased must be worth $250,000, and transferred from abroad to Turkey, with a document showing this, in addition to not selling the property for a period of three years.

The number and type of real estate that the Palestinians of 48 are allowed to own in Turkey

Like foreigners in general, a Palestinian of 48 can own an unlimited number of real estate in Turkey, whatever type of real estate, whether it is agricultural land, construction land, hotels, shops, apartments, factories, or other real estate, provided that it does not exceed the land area 30 hectares.

Besides, according to the law on granting Turkish citizenship to foreign investors in the Turkish real estate sector, a foreigner can become a Turkish citizen if he buys a property or a group of real estate worth $250,000, and therefore, as a Turkish citizen, he can automatically own freely in Turkey, and this applies to Palestinians of 48.

Learn more in our article about Palestinians in Turkey, their life, livelihood and residence.

Documents required for Palestinians of 48 to own real estate in Turkey

Palestinians of 48 who wish to own property in Turkey are required to prepare a set of important identification documents in order to complete the process of buying and owning the property. A set of these documents is among the documents required by the Turkish government for any foreigner who wishes to buy a property within Turkish territory.

They can be summarized as follows:

• A passport copy
• Four photographs
• Getting tax number

In addition to the real estate appraisal file, and a document proving the money transfer from abroad for those wishing to obtain Turkish citizenship in exchange for the property.

To get  more details about the required documents and the conditions necessary to buy a property in Turkey, you can view the detailed article on this matter through the link: What Are The Documents Required To Buy A Property In Turkey?

Can Palestinians of 48 obtain Turkish citizenship in exchange for buying a property?

The Turkish law on granting Turkish citizenship to foreign investors in the Turkish real estate sector includes Palestinians of 48, where they can obtain the right of Turkish citizenship after purchasing a property or a group of real estate in Turkey with a value of $250,000.

Many  Palestinians of 48 have previously owned in Turkey without any legal obstacles, and some of them obtained Turkish citizenship as well after fulfilling the necessary conditions.

Imtilak Real Estate services for Palestinians of 48 wishing to buy a property in Turkey

The experience of Imtilak with its Palestinian clients from the occupied interior is a distinct experience in their purchase and ownership of real estate in Turkey, as many of them still have good relations with the Imtilak Real Estate team. Most of them expressed their gratitude through Imtilak's interactive platforms through text messages or video interviews, and their satisfaction with their decision to own a property in Turkey.

Imtilak Real Estate offers an integrated package of services for those wishing to own real estate in Turkey, where it embraces its customers and works to complete their transactions even after the completion of the purchase process, in a professional and consistent manner linked to the company's experience in the Turkish real estate market.

 

Edited by Imtilak Real Estate ©

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