Retire on Turkey's Mediterranean Coast: Here's Why
Thinking about retiring abroad? Turkey offers everything you need for a delightful retirement. Let's explore why coastal Turkey is an ideal and secure place to spend your golden years.
Housing: If you dream of a quintessential Mediterranean lifestyle at an affordable price, Turkey has plenty to offer, from properties in Fethiye to villas in Kalkan. Real estate prices in Turkey are relatively low compared to more developed countries, especially outside major cities like Istanbul. Utilities and property taxes are also quite reasonable, making it a great place to invest in rental properties.
Legal Residence: Turkey's residence permit process is straightforward, allowing you to obtain a renewable one- or two-year permit with ease. Alternatively, you can participate in the Citizenship by Investment Turkey scheme, which requires an investment of $400,000 and three years of property ownership to apply for a Turkish passport. Coastal areas generally process these applications faster than bustling Istanbul.
Social Life: Turks are known for their hospitality and love welcoming foreigners. Well-established expat communities thrive in Turkey, providing a blend of local culture and familiar comforts. There are plenty of cultural activities, natural and historical sites to explore, and recreational facilities to enjoy in your leisure time.
Climate: Turkey enjoys a temperate climate, with sunny southern coastal areas. Mild Mediterranean winters make it a desirable year-round destination. The country also has multiple climate zones, offering diverse seasonal experiences if you wish to explore further.
Healthcare: Turkey is renowned for its affordable and professional healthcare. The booming medical tourism industry attracts people from around the world to its world-class facilities. Pharmacies are always open, and common medications are easily accessible, often without a prescription. High-quality and reasonably priced healthcare is available throughout the country.
Security: The US Department of State has assessed Turkey as having a low-threat crime situation, providing a sense of safety for retirees.
Cost of Living: Affordability is key for a great retirement spot. Favorable exchange rates with the Turkish Lira make healthcare, food, and transportation extremely affordable. Outside major urban areas, your pension will comfortably cover your expenses with enough left for entertainment. You can live a good life on a budget in Turkey.
Turkey truly has something for everyone. Finding your dream property at a bargain price can be an exciting adventure. It's all about finding that perfect place to call home. While the research process might seem daunting, our experienced team is here to assist you in navigating the exhilarating journey of buying a property in Turkey that best suits your needs.