China is the first time Turkey allowed within the list of countries. Chinese law foreigners can not land ownership in China, Turkey in the past does not allow Chinese people to acquire real estate in Turkey. Turkish real estate market is not yet open to investors in Greece, Armenia, Bulgaria, Syria and Iran.
Turkish Pacific Century law firm lawyers Belk Cech said, the new real estate law not only allows individuals and businesses to purchase a home, and also allows them to invest in commercial real estate projects, which helps to strengthen investment and trade cooperation between the two countries.
Turkey only allows private and private enterprises to purchase real estate in Turkey, and the Chinese citizens to buy real estate in Turkey still need a visa and residence permit. The soils government expected that the implementation of the new law for the Turkish real estate market has attracted foreign investment of $ 300 billion. Turkey is particularly looking forward to the real estate investment from China, Europe and the Gulf countries.
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