Sponsored by Ramzy Real Estate,"GIGDER" Discloses the Details of its 2025 Plan with Real Estate Sales worth $20 Billion to Foreigners!!

What is "GIGDER" and what is the plan for 2025? 

GIGDER, or Real Estate International Promotion Association, is a non-governmental organization that aims to promote Turkey and its real estate investments in the international real estate market. 

Although it is a non-governmental organization, GIGDER differs from other private organizations by essentially prioritizing the interests of the Turkish state before the interests of its members. 
GIGDER aims to develop sustainable policies regarding the movement of real estate sale and its continuous development to foreigners at home and abroad.

It also highlights the countless advantages for foreign investors in Turkey who are interested in owning real estate for the purpose of housing or investment. 
GIGDER seeks to attract each of the effective foreign real estate companies in Turkey to contribute to achieving their goals and to discuss the problems and obstacles that foreign investors may face while owning a real estate ownership journey in Turkey. 

Ramzy Real Estate Membership in GIGDER 

In exchange for attracting many foreign capital and investors of different nationalities to the real estate in Istanbul, Ramzy Real Estate was able to be an accredited member of the Real Estate International Promotion Association GIGDER, and it was one of the official sponsors of the ceremony of announcing the details of the 2025 plan that was held on the sixth of July 2021. 
 

The Goals for the year 2025, from 6 billion to 20 billion dollars!! 

In the last event, which included the most important figures and real estate experts of the GIGDER organization and sponsored by Ramzy Real Estate Company, the plan for the year 2025 was announced, in which real estate sales will achieve a record high that will break the barrier of 20 billion dollars in the year 2025 instead of the 6 billion dollars that were achieved in the year 2020. 

New Methods to Encourage Foreigners to Own Real Estate in Turkey 

In turn, Omar Farouk Akbal, President of the Association, said: They are looking at 4 new ways to achieve their goal and attract more foreign investors, which will be represented by: 

- Facilitate and speed up real estate purchases 
- Ensure the provision of legal rights to strengthen the charter 
- Expanding the promotion and reaching the Far East and Africa 
- Cooperation with the Turkish Exporters Association TIM 

Statistics and Numbers: 

With the implementation of the plan followed, real estate experts expect the following by 2025: 
20% Of the sales volume in Turkey will be directed to the population of Africa 
20% for Central Asia and the Far East 
20% of the share of America and Europe 
40% for the Middle East and North Africa. 

Turkish citizenship, the Compass for Achieving 2025 Goals

On the subject of obtaining Turkish citizenship in return for real estate investment, the Minister of Finance, Dr. Noureddine Nebati stated that the stability of the exchange rate of the Turkish lira against the dollar will be one of the goals that Turkey will achieve soon, especially as it will do a lot in this way, such as launching Turkish digital currencies and strengthening the economy through many infrastructure projects, thus strengthening the foundations of the 2025 plan. 

He added: There is an unexpected request from various nationalities around the world to obtain Turkish citizenship in exchange for owning a property, as in the month of July alone, Turkey received 15,176 applications from investors interested in acquiring citizenship. 

Through these huge numbers, we achieved profits estimated at 4.5 billion dollars from the real estate sector in 2019 and 2021. 

Istanbul only will achieve half the goal! 

Speaking to Ramzy Real Estate during the organization of the event, the head of the Istanbul Chamber of Commerce, Şekip Avada , said that they are about to build and sell more than 40,000 new homes in Istanbul, which will make them cross half the road with a return of 10 billion dollars according to their expectations . 

Why do foreigners prefer to own real estate in Istanbul? 

Shakib continued his speech by saying; According to our statistics, the average period in which foreigners stay in Turkey is 3 and a half months, and they come with different goals from one person to another. 

Some of them come for the purpose of medical tourism, and some of them come for the purpose of study and others, and we find that these people are Turkey's volunteer ambassadors. 

In conclusion, the President of GIGDER thanked the attendees and emphasized that they will work hard to reduce problems and make the buying process for foreigners very smooth and easy, and that with the increase in sales rates in the time of the epidemic, they will develop digital methods for those interested in buying real estate online and will focus on enhancing digital marketing activities.
 

Editing: Ramzy Real Estate © 

The event was covered by: 
Emlak Kulisi 
Hurryet 
Haber Turk