Visa-free travel has impacted increase of Chinese tourists to Turkey

 Thursday, June 20, 2019 

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Last year was declared as “Turkey Tourism Year” in China. Chinese pop song with lyrics referring to “romantic Turkey” almost doubled the number of tourists from China in 2018. The number of Chinese visiting Turkey reached 400 thousand, increasing by 70% in 2018. The visa-free travel to Turkey also had an important impact on increase of Chinese tourists to Turkey.

 

With tourism increasing, trade volume is also growing between China and Turkey, surpassing $23 billion. Alibaba, the world’s largest retailer, bought Trendyol, Turkey’s largest e-commerce platform.

 

Recently, Turkey is also preferred for property buying by the Chinese. The opportunity of citizenship is offered to the spouses and children under the age of 18 of foreigners who buy a total of 250 thousand USD of real estate. It’s not required to declare your assets in other countries to live a certain time in Turkey. Citizenship process is completed in 30 days by means of a power of attorney.

 

Turkey is one of the most preferred countries by foreign investors due to attractive prices in the real estate sector, with foreigners buying real estate in Turkey increasing by 82% in the first 4 months of this year.

 

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