Requirements for obtaining Turkish citizenship through real estate investment.
Applicants for Turkish citizenship are required to purchase a property in Turkey for a minimum value of $ 400,000, whether the value pertains to one property or a combination of properties. With all the rules and conditions applied
The applicant must register an obligation to retain the property or group of properties he has purchased for a period of 3 years in addition to presenting the title deed.
The value of the property is determined by an official valuation by the Turkish authorities and is announced by the Supervisory Board.
The price of the property must be paid to the seller via bank transfer to be confirmed and supported by bank receipts proving that the transaction was made from the buyer’s account to the seller’s account.
The officially declared value of the property at the time of purchase and transfer of ownership in the Land Registration Office must be at least $ 250,000.
Real estate that meets the requirements for obtaining citizenship cannot be purchased from a relative, wife, children or others.
If the property is purchased through financing or mortgage by any means, the value of the mortgage will be deducted from the value stated in the official valuation of the price taking into account the rest of the remaining amount
The application is sent to the Turkish Ministry of Interior, the Directorate General of Population and Citizenship, the Directorate of Foreigners Affairs Department, the Ministry of Housing and Development and the Land Registration Office.
Obtain a tax registration number
Open bank account
Find a property
Obtain a certificate of conformity
Application for Turkish residence
Apply for Turkish citizenship
Facts About Acquiring Turkish Citizenship
The investment retention period for all cases is 3 years.
You can become a Turkish citizen provided that you return all your investments after 3 years and not before.
You can sell the property after 3 years of purchase.
Turkish citizenship is obtained by the applicant’s husband and children under 18 years of age.
You do not have to reside permanently in Turkey for citizenship.
Turkish citizenship stays all your life and your born babies receive it.
You can acquire Turkish citizenship with your original nationality without relinquishing the latter.
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