Latest Legal Developments Regarding Obtaining Turkish Citizenship 2023
Last Updated: 2023-08-29
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Latest Legal Developments Regarding Obtaining Turkish Citizenship 2023
The Turkish government is constantly working on issuing new laws and amendments for obtaining Turkish citizenship and is always keen to intersect with the interests of the foreigner.
Since the Turkish law in 2018 announced some updates, foreigners from different countries of the world have set out to obtain them with a desire for a life of excellence and luxury.
Through this article, we have compiled the most important amendments made in order to obtain this citizenship, also we will highlight some of its advantages.
Amendments on Obtaining Turkish Citizenship Conditions that Was Issued in 2023:
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Real estate is the most common way to obtain this citizenship for $400,000 or more + not to sell it before the lapse of three years. (Before 2018, the price of the property should have been a minimum of one million dollars, or 250 thousand dollars if the ownership was in the 8th month of the year 2018 to 2022 month 5.)
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You can obtain it through a $500,000 financial investment for three years (Earlier, you should invest at least $2 million).
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You are entitled to apply for Turkish citizenship when you deposit a sum of money in a bank in Turkey which must not be less than $500,000 (Before 2018, $ 3 million should have been deposited).
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By establishing a business and hiring 50 Turkish employees, you will guarantee to obtain it (Did you know that before the amendments were issued, 100 employees should have been employed).
Essential Conditions to Obtain Turkish Citizenship:
Learn about the most important laws that must be adhered to when obtaining Turkish citizenship through real estate ownership, as we should note this because it is the preferred method of foreigners.
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You must purchase the property specifically from a Turkish citizen, as you cannot obtain citizenship when purchasing the property from a foreign citizen.
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It is not possible to obtain citizenship by purchasing a property that was owned by a foreigner who has the same nationality as the foreigner's one, but if they differ in nationality, there is no problem.
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You will not be able to obtain this citizenship by purchasing a property that was previously used for the same purpose.
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One of the main conditions is that the price of the property should be sold in foreign currency to the Central Bank of the Republic of Turkey through one of the banks operating in the Turkish banking sector.
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A document confirming the sale of the property's value in foreign currency must be given to the Central Bank, and this law has been in effect since January 24 of this year.
Learn about the Advantages of Turkish Citizenship:
Have you ever wondered why foreigners, businessmen and investors of all nationalities have the same goal (Turkish nationality)? Through the following paragraph, we will explain the most prominent positives that the holder of this nationality will get.
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The Power of the Turkish Passport:
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This passport is considered among the most important passports in the world, as it ranked among the first 30 passports.
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Through it, it is possible to enter more than 77 countries around the world without the requirement of obtaining a visa.
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More than 44 countries around the world grant the Turkish passport holder an automatic visa once it is accessed.
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There are about eight countries that grant Turkish citizens an online entry visa.
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All Family Members Can Obtain it:
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One of the most prominent privileges of obtaining this citizenship is that the entire family will also obtain it.
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Offspring are required to be under the age of 18.
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Only one wife can obtain it if the foreigner is married to more than one woman.
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In special cases, children can obtain it even if they are above the legal age, after three years (if they have special needs).
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You Have the Full Rights as Turkish Citizen:
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Whoever holds this nationality is entitled to enjoy all the rights enjoyed by any Turkish citizen.
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You can elect, vote and apply for important job positions.
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It opens the doors to work in both the government and private sectors.
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Taking advantage of the retirement programme for the elderly (at the age of 60).
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Taking advantage of advanced medical services for free in government centers, and at reduced prices in private centers.
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Access to educational services and the possibility of enrolling in public institutions, schools and universities.
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Dual Citizenship:
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Turkish law allows a foreigner who has obtained Turkish citizenship to retain his/her first citizenship.
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He will be able to benefit from the advantages of Turkish citizenship as well as the advantages of his first citizenship.
General Conditions to Obtain Turkish Citizenship:
There are some conditions that must be met by those who wish to obtain this citizenship, learn about them through the following paragraph:
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He must be over the legal age (age eighteen).
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He must be in full possession of his mental faculties.
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He must have a job or a stable source of income that is sufficient for him and his family.
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He should speak Turkish well.
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It is important that he does not have any communicable disease that affects public health.
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He should not have a judicial record to ensure the safety of public security in Turkey.
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He must reside in Turkey for five consecutive years.
Speaking of the privileges you will get when you are a holder of this nationality, you must know that there are other important advantages as well, such as Turkey's buoyant economy, which has outperformed many of the world's economies, and the Turkish government is seeking to apply strategic plans in order to maintain its continued growth.
You should know that the developed economy has a reflection on the various sectors and areas of life in Turkey, and it indicates a state of stability experienced by this country.
Turkey is considered one of the politically stable countries and has good relations with the most important countries in the world, as well as unremitting efforts to consolidate relations with some countries.
Real estate can be easily purchased without having to wait for security clearance, as well as starting businesses and establishing companies.
In this article, we have provided you with the most important information you need about Turkish citizenship. If you have more questions, you can contact us directly to provide you with adequate answers, and if you want to obtain it, we will be with you until you get it and we will supervise all procedures and provide you with real estate suitable for the stipulated conditions.
Edited by Mersat Real Estate Team ©
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