'Real Estate Exports 2025 Strategic Action Plan' from GIGDER
‘’ GIGDER has announced the 'Real Estate Exports 2025 Strategic Action Plan', which will increase property sales revenue to foreigners. It was initially 6 billion dollars in 2020, to 20 billion dollars annually in 2025. ‘’
Real Estate Overseas Promotion Association (GIGDER), which operates to strengthen international real estate investments, to meet sector expectations in this field on national and international platforms, and to be a reference non-governmental organization in property sales to foreigners, announced the '’Real Estate Export 2025 Strategic Action Plan'’ to the public.
In order to hold the 1st Ordinary General Assembly Meeting, a press conference was held under the leadership of Ömer Faruk Akbal, Chairman of the GIGDER Board of Directors. Anıl U. Övençoğlu, Chairman of the Board of Directors of Realtor Turkey Real Estate and Övençoğlu Construction Company, one of the first members of the GIGDER , attended the conference where the leading professionals of the real estate sector came together.
The opening speech was made by GIGDER President Ömer Faruk Akbal, and Deputy Minister of Treasury and Finance Dr. Nureddin Nebati, Vice President of the Presidency Investment Office Ahmet İhsan Erdem and Istanbul Chamber of Commerce (ITO) President Şekib Avdagic also made statements. Emphasizing that the 2025 Strategic Action Plan presented by GIGDER is very necessary, and calling on the real estate sector to attach importance to risk and fund management as well as focus on environmentally friendly investments, Deputy Minister of Treasury and Finance Dr. Nurettin Nebati noted that ensuring exchange rate and price stability will support real estate exports.
According to the announced action plan, it is aimed to gradually increase the sales turnover of 6 billion dollars from housing sales to foreign investors in 2020 to 20 billion dollars in 2025.
Noting that foreign investors now need to walk in a more 'corporate, fast, effective and reliable' way in order to successfully complete their real estate purchase journey in Turkey, Ömer Faruk Akbal conveyed the Strategic Action Plan in 10 articles;
1- Establishment and institutionalization of real estate export system
2- New research report and surprise data study
3- Implementing legislation on licensing sales to foreigners
4- Real estate promotion should be included in the export of services
5- Establishing the real estate International Promotion Fund
6- Exclusive promotion to new markets such as China, Hong Kong, Singapore and India
7- Setting up ' Real Estate Export Centres’
8- Incentive to invest with investor visa
9- Foreign investors ' rights must be protected
10- Digital solutions with online power of attorney