Freehold ownership for Yemenis in Turkey

In today's article, we will explain in detail through Imtilak Real Estate the laws that allow Yemeni investors to own property in Turkey, clarify the conditions for freehold ownership in Turkey for foreigners, and the restrictions related to the purchase process. Stay with us.

Are Yemenis allowed to own property in Turkey?

The ownership of properties by foreigners in Turkey and what they should pay attention to during the purchase process is an important topic for Yemeni investors and contains important details, as not every foreigner is allowed to buy property in Turkey. Certain restrictions have been imposed on this matter.

According to Article 35 of the Land Registry Law No. 2644 issued in 2012, Yemeni nationals who are investors can own property in Turkey for the purpose of using these properties as a workplace or residence, provided that they comply with the legal restrictions.

However, the total area of properties that a foreign person, including Yemeni nationals, can purchase in Turkey cannot exceed 30 hectares, even if this total area is distributed across different provinces in Turkey.

What types of properties can Yemenis own in Turkey?

Turkish regulations issued by the Land Registry Law grant Yemeni businesspeople great freedom and high flexibility in owning all forms of property in Turkey, including residential apartments, villas, commercial offices, shops, warehouses, land, and other types of properties.

What are the conditions for Yemeni ownership in Turkey?

There are many things that foreigners of Yemeni nationality should pay attention to when buying property in Turkey, because any mistake made at any stage during the purchase process may have negative consequences for the Yemeni investor. For this reason, it is important to act wisely by considering the matters they should pay attention to when buying property in Turkey and to carry out purchase transactions with the help of an experienced lawyer.

According to the regulations and laws in force in Turkey, official contracts aimed at transferring property ownership to foreign owners must be completed at the land registry offices in the province where the property is located.

It is also possible to sign a "promise to sell agreement" in the presence of a notary before the official sale. Ownership of the property, for which a formal sale contract has been concluded, can be obtained by registering it at the land registry offices.

Among the conditions for Yemeni ownership of property in Turkey is that the total area of purchased properties must not exceed 10% of the total area of the region owned by the private sector, and property purchases by real persons holding Yemeni passports are limited to 30 hectares per person throughout the country.

There are some notes regarding freehold ownership in Turkey for Yemenis, including firstly: if the sale transaction will be carried out based on a power of attorney issued outside Turkey, they must have the original or a certified copy of the power of attorney with translations.

Secondly: certain issues must be checked before concluding sales contracts when Yemenis own property in Turkey, for example, whether the property is registered with limited real rights, or if there is a mortgage or any situation that prevents its sale from the relevant land registry office.

Required documents for Yemenis to own property in Turkey

The required documents for Yemenis to own property in Turkey do not differ from those for other foreign nationalities. Therefore, the necessary documents for Yemeni businesspeople to purchase properties in Turkey are as follows:

• Valid passport
• Residence permits issued by the Immigration Directorates
• Tax number issued by the Land Registry and Tax Directorate
• Personal photos
• Receipt of payment of property fees

Advantages of owning property in Turkey for Yemenis

Owning property in Turkey for Yemenis includes many advantages that provide them with numerous opportunities to invest in various vital sectors, and offers them the possibility of enjoying a luxurious life in high-end residential apartments in Turkey. Therefore, we can summarize the advantages of owning property in Turkey for Yemenis as follows:

• Purchasing property in Turkey guarantees the Yemeni citizen the opportunity to obtain Turkish citizenship, but for this to happen, the value of the property must not be less than 400,000 US dollars, and the property must not be sold for several years according to the laws stipulated in Turkey.
• Properties in Turkey qualify Yemenis wishing to own real estate to obtain real estate residence and give them the opportunity to benefit from the advantages of this residence.
• Properties in Turkey provide Yemeni investors with the opportunity to establish many investment projects in various vital sectors in Turkey.
• Residential apartments in Turkey are built according to the latest high-end architectural methods and the highest standards of quality in construction, guaranteeing Yemenis wishing to own property the possibility of living a prestigious life in the finest Turkish provinces.
• Turkey is one of the strongest countries in the world in terms of tourism, as tourism activity flourishes in many provinces, and this can be utilized by establishing tourism projects or enjoying tourism in the most beautiful natural areas in Turkey.
• Yemeni citizens can benefit from owning property in Turkey in terms of education, as there is a wide range of international schools offering education in Arabic, in addition to Turkish universities that use English as the main language of instruction in university curricula.
• Benefit from tax exemptions and government facilities when purchasing property in Turkey.

Owning property in Turkey for Yemenis and real estate residence

As previously mentioned, freehold ownership in Turkey allows Yemenis wishing to purchase property in Turkey to obtain real estate residence. Therefore, according to the new laws issued by the Immigration Administration in Turkey, the freehold ownership law in Turkey offers Yemenis the opportunity to obtain a short-term real estate residence permit in exchange for paying 200,000 US dollars in major provinces and 50,000 US dollars in smaller provinces.

Owning property in Turkey for Yemenis and Turkish citizenship

One of the most important government facilities provided to Yemeni and other foreign investors in general is obtaining Turkish citizenship in exchange for purchasing a property worth 400,000 US dollars or more, provided that the property is not sold for 3 years from the date of purchase.

Many Yemeni citizens have benefited from these facilities and have been able to obtain the Turkish passport through real estate ownership in Turkey. According to statistics showing the foreign nationalities most owning property in Turkey, Yemeni nationality is usually among the top twenty nationalities in real estate ownership.

Yemeni and want to own property in Turkey? Consult Imtilak Real Estate

Imtilak Real Estate opens its doors to all Yemeni and Arab citizens wishing to own property in Turkey. At Imtilak, we work to pave the way and harness all capabilities to facilitate the process of purchasing property and obtaining the title deed.

Do not hesitate to contact the advisory team at Imtilak to receive free real estate consultation, through which you will have complete information about the property, the general surroundings, and the internal and external specifications of the property.

Real estate experts at Imtilak Real Estate provide all the necessary advice regarding freehold ownership in Turkey for Yemeni investors and offer them many distinguished free services, covering all stages of the property purchase from A upon arrival at the airport to Z upon receiving the Turkish passport.

Edited by: Imtilak Real Estate©