Ownership for Egyptians in Turkey 2024

Like most Arab nationalities, Egyptians have the opportunity to own properties in Turkey, qualifying them for Turkish real estate residency or citizenship. Here, we provide you with all the information you need about Egyptian ownership in Turkey.

Can Egyptians Own Real Estate in Turkey?

Turkish laws allow Egyptians to own real estate in Turkey. The amendment made to the Foreigners’ Property Ownership Law in 2012 abolished the principle of reciprocity in property ownership and investment. This change allowed citizens from approximately 183 countries, including holders of Egyptian passports, to own real estate in Turkey. After this amendment, the rates of property ownership by Egyptians in Turkey increased. According to Turkish Statistical Institute data, Egyptian nationality ranked tenth among foreign nationalities in terms of real estate ownership in Turkey in 2017, with Egyptians purchasing 587 residential properties.

What Types of Properties Can Egyptians Own in Turkey?

Egyptian investors can own various types of properties in Turkey without significant conditions or restrictions. These include residential apartments, commercial shops, villas, hotels, offices, warehouses, and land suitable for construction.

What Are the Ownership Requirements for Egyptians in Turkey?

Turkish laws do not impose any restrictions on property ownership by Egyptians.

Documents Required for Egyptian Ownership of Properties in Turkey:

1. Tax Identification Number issuance.
2. Passport authenticated by a notary public or the Egyptian embassy.
3. Personal photos.
4. Document proving the payment of title deed fees.
5. Real estate appraisal report.
6. Earthquake insurance document.

Benefits of Owning Property in Turkey for Egyptians:

• Ownership of property and obtaining real estate residency.

Egyptian passport holders can acquire Turkish citizenship if the property value is not less than $400,000.

Owning property in Turkey provides Egyptian investors with the right to enjoy various advantages, including legal residency, access to affordable healthcare, free education in Turkish government schools, and eligibility for Turkish citizenship through real estate investment.