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Why purchasing real estate in neighboring countries dangerous for Iranians?

31 March 2019 [10:48] - TODAY.AZ

By  Trend

Iranians, who buy apartments in neighboring countries will not get the host country's citizenship, said Mustafa Gholi Khosravi, head of Iranian National Property Advisers Union.

Khosravi noted that during recent years, Iranians had a bad experience in buying house in neighbor countries, Trend reports citing ISNA.

"Georgia became the latest destination for Iranians to purchase houses, but the parliament has issued a ban on selling apartment to foreign nationalities or purchasing it from them. At the moment, Iranian property owners are not able to sell their houses and Georgians refuse to buy them," he said.

Khosravi went on to add that Turkey and Cyprus are making lots of advertisement to sell apartment or villa in promise of providing citizenship to Iranians, but in reality, obtaining citizenship in Turkey requires two documents, the first is the property document issued by the municipalities of Turkey and the second document issued after the property owner starts to reside in Turkey.

"I advise our fellow citizens to invest their money in our country that have less risk," he added.

URL: http://www.today.az/news/regions/180818.html

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