Obtaining Turkish citizenship through real estate investment 2023
Last Updated: 2023-08-29Turkish citizenship
* A question asked by many coming to Turkey: how do I obtain Turkish citizenship through real estate investment?
The question of how to obtain Turkish citizenship through real estate investment has been a question mark that concerns many people, especially after the Turkish law was issued to grant the advantage of obtaining Turkish citizenship through real estate investment.
* The Turkish Nationality Law has attracted the interest of investors from all over the world, including investors from Arab countries who want more facilities in their travel, movement and transactions, as the Turkish nationality law facilitated the fulfillment of their desire to obtain Turkish citizenship away from complications and procrastinations.
* What are the advantages that you will enjoy after obtaining Turkish citizenship?
Turkish citizenship has a high-end global status. The Turkish passport ranking scored (117) points on the travel index without a visa, and therefore everyone who holds Turkish citizenship can enter more than (72) countries without obtaining an entry visa in advance (visa), from which we mention the State of Qatar, Japan, South Korea, Malaysia, Singapore, Hong Kong, Indonesia, Brazil, Belarus, Bosnia and Herzegovina, Brunei, Chile, Georgia, Serbia, South Africa, Thailand, Ukraine, Indonesia, Argentina, and many other countries.
Another advantage of Turkish citizenship is the ability to obtain an E2 American investor visa, which is usually granted for a period of two years, to investors coming to America from some countries with which it has friendship, trade or navigation treaties, including the Turkish state.
* After you know the benefits of obtaining Turkish citizenship, you should review the details of the Turkish real estate law that will grant you Turkish citizenship through your real estate investments. The Turkish Nationality law is a law according to which you can obtain Turkish citizenship, It was released in 2010 and modified in 2018 and then in 2022 , through which it is possible to obtain Turkish citizenship for everyone who wishes to invest in Turkey with one of the types of investment, which includes:
Obtaining Turkish citizenship through real estate ownership:
This is done through the investor's owning of any property in Turkey with a minimum value of (400 thousand US dollars), provided that this property is not sold for a period of three years (this is your first choice).
* The second option enables you to obtain Turkish citizenship by depositing the equivalent of (500 thousand US dollars) as a minimum in a Turkish bank for a period of three years.
* Also, by employing at least 100 Turkish employees, you can obtain Turkish citizenship or by purchasing government bonds of (500,000 US dollars) as a minimum.
Now, what are the conditions that must be met in the property that will enable you to buy it to obtain Turkish citizenship?
- That the value of the purchased property / real estate is 400 thousand US dollars or more, or its equivalent in Turkish currency, according to the exchange rate.
- Real estate registration in Turkey in a systematic manner in the Land Registry Department, whether this property is ready, or apartments and real estate under construction.
- That the property is purchased from a person who has Turkish citizenship or a Turkish construction company.
- That the value of the property is paid through a regular bank transfer.
- Foreigners are also required to obtain a real estate appraisal report from a real estate appraisal company approved by the Turkish government.
As for the conditions that must be met by the real estate buyer:
That the nationality of the property buyer is from one of the nationalities that fall on the list allowed to obtain Turkish citizenship, as the Nationality law in Turkey includes almost all nationalities except for certain nationalities. Turkish citizenship is granted to each of the property owner, his wife and his children who are under the age of 18 years, and on the other hand, the buyer must not sell the property for a period of 3 years from the date of purchase.
The steps and documents required to complete your Turkish citizenship:
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A copy of the title deed of the property that has been purchased (the title deed), or the promise to sell contract or the forward sale contract .....
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Real estate appraisal report: It is a report that you can obtain from one of the appraisal institutions that are legally licensed by the Turkish government.
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Receipts for paying the original price of the property from the buyer's account, stamped with the sender's bank seal.
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Receipts for the original price of the property from the seller's account, stamped with the seal of the receiving bank.
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Two copies of the special delegation from the buyer of the property to the law team with a request to apply for Turkish citizenship, which is organized by the notary in Turkey (Noter), as this delegation gives you the right to submit the Turkish citizenship file and follow it up with the official departments.
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Translation of original passports into Turkish for all family members: husband and wife, and children who are under the age of 18, and attesting them from a notary in Turkey (Notre).
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Birth certificate translated and notarized for each family member.
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A translated and certified copy of the marriage contract.
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Translation of the family book or family statement document.
We hope that we have provided you with all the information that concerns you, including laws, papers and documents, that facilitate your acquisition of Turkish citizenship through your real estate investments. Turkey is the destination for all high-end tastes in residency and investment. It opens its doors to you and provides you with many facilities. We wish you a happy stay and Luxury and successful investments.
Editing by Mersat Real Estate Team©
Turkish citizenship | Obtaining Turkish citizenship | Buying a property for Turkish citizenship | Real estate for sale suitable for Turkish citizenship | Citizenship by investment
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