Palestinian travel document was not recognized by The General Directorate of Land Registry and Cadastre (TKGM) for property purchasing. Now, according to the new amendment made in the related circular on 06.03.2019, Palestinians can buy a property in Turkey with their travel documents if they issue the “stateless certificate”. This amendment is also valid for the citizens of other countries, such as Egypt, Lebanon, etc.
Bayram Tekçe, Chairman of the Tekce Overseas Gayrimenkul AS, had begun negotiations with the Ministry of Economy and the Governorship of Istanbul to solve this situation, and the circular of 16.09.2013 was revised on 06.03.2019 for the situations of Palestinians and Stateless persons.
Bayram Tekce said about the issue that "The only obstacle of buying a property in Turkey for Palestinians is that their travel documents are not recognized in Turkey. We have detected that the obstacle for Palestinians to buy a house in Turkey. So, we took the initiative and shared our comments and suggestions with authorities for solving the problem."
Palestinians Can Get a Turkish Citizenship
The regulation, which is published in September 2018, allows that foreigners can apply for Turkish Citizenship by buying a property with a minimum value of 250.000 USD in Turkey. Now, Palestinians also can benefit from this regulation by following the required steps. It should be also noted that the approval of the travel documents issued by some certain countries (Egypt, Syria) will be evaluated by the legal authorities.
Turkish real estate market has become one of the highest demanded market among foreign investors, and as a leading real estate company, Tekce Overseas Gayrimenkul AS plays always an active role in the sector with the brands of Trabzon Homes, Istanbul Homes, Bursa Homes, and Antalya Homes by improving the real estate sales to foreigners, identifying problems, and providing solutions related to them.
