Turkish citizenship - Real estate investment in Turkey
* With its picturesque nature and dazzling system, Turkey has become a favorite destination tourists in recent years, especially the city of Istanbul, which sits on the continents of Asia and Europe
* What distinguishes Istanbul most is its strong infrastructure, as the city has a very organized system of roads and public transport that covers all aspects of the city completely.
Turkey has a state system and law that guarantees freedoms and justice for every citizen, and a relatively strong passport that guarantees its citizens entry to many countries without a visa.
* Istanbul also has unique building views, combining architectural sophistication and Ottoman style, which forms a wonderful architectural painting
* Istanbul and Turkey in general are also distinguished by the spread of green spaces, forests and beautiful public parks
* The procedures for obtaining Turkish citizenship take about 4 to 6 months as a maximum, depending on some special circumstances for each person applying for Turkish citizenshipthrough real estate investment.
The Turkish government also plans to reduce this period to a month and a half only by linking and coordinating the relevant ministries to end the red tape
Conditions for obtaining Turkish citizenship after purchasing real estate in Turkey
* A requirement first: buy property in Turkey atprice andbudgetmore than $ 250 thousandbe paid by transferringamount frombuyeraccount tolandlord account through a Turkish bank
* A second requirement : thatbuyer undertakes notsellproperty only after three years fromdatepurchase,
Where the buyer signs a pledge with the real estate registry that he will not transfer the ownership of the real estate he bought to run for Turkish citizenship to any other people during the mentioned period of 3 years.
The procedures for obtaining Turkish citizenship are summarized as follows:
The real estate evaluation stage:
The buyer evaluates his property by Turkish companies documented by the Turkish government, and the names of companies that are approved by the Turkish government for evaluation can be known from lists located inside the center dedicated to granting Turkish citizenship.
It must be mentioned that companies usually give the evaluation after approximately three days, and the company's evaluation of the property or real estate that you have purchased should be more than 250 thousand US dollars so that you can apply for Turkish citizenship.
* The validity period of the evaluation granted by Turkish companies is up to three months only, as the applicant for citizenship must submit the evaluation document before the expiration of the three months, and if he does not submit during the aforementioned period, a new evaluation must be extracted. Obtaining the Turkish citizenship
Extracting the tapu from the Land Registry Office
- The buyer needs to register his real estate in the Land Registry Department and extract the title deed . These procedures may take two or three days, as the tax number must be extracted at the beginning, and then go to the Land Registry Department and register the property legally and officially.
What must be emphasized is that an indication will be added by the Real Estate Registry Office that these properties will not be sold until after three years, until the title deed document is ready to be submitted to the Turkish Citizenship Granting Center
Send the documents to the Turkish citizenship acquisition center
Where the applicant is given an electronic link through which he can follow up on the progress of the nationality procedures, and he is sent by phone to inform him of any progress in the nationality file.
The process needs about 4 months, as we mentioned, starting from the file transfer to the departments of wishes and souls , and then the file is transferred to the Ministry of Interior directly and then to the Presidency of the Republic to sign the decision to obtain Turkish citizenship
* After that, the Population Department issues a Turkish identity card for the applicant and thus becomes a Turkish citizen. Also, the holder of Turkish citizenship can enjoy the full powers and rights of the Turkish citizen, and he can start the procedures for obtaining a Turkish passport.
* Ways to obtain Turkish citizenships
- Obtaining Turkish citizenship after purchasing real estate worth 250 thousand dollars
- Establishing a company on Turkish territory and employing 50 Turkish workers or employees
- Deposit in Turkish banks is an amount of 500 thousand US dollars
* Foreign investors are exempt from paying the value-added tax when purchasing residential or commercial buildings, while the Turks pay it
Note: The law exempting foreign investors from paying value-added tax has been abolished, and now it is paid by foreigners and Turks alike. The value-added tax, which is one of thereal estate taxes in Turkey, is 4%, paid once upon completion of the title deed transfer procedures.
* There is no problem in purchasing real estate in several different Turkish states to obtain Turkish citizenship, provided two conditions are met:
That the total prices of these real estate be at least 250 thousand US dollars, and that the properties are not sold until 3 years after the date of purchase.
* Real estate under construction can be purchased in Turkey to obtain citizenship so that there is an amendment in the law for foreign investors that allows them to apply for citizenship when investing in real estate under construction, but the sale contract should be attached along with the documents required to obtain Turkish citizenship.
* Also one of the conditions that must be observed when buying real estate for the purpose of investment and obtaining Turkish citizenship is that the owner of the property is a Turkish citizen, as in the law of obtaining Turkish citizenship after real estate investment, it is not allowed to buy the property from a foreigner to obtain citizenship
* For military service in the Turkish army after obtaining Turkish citizenship, if the age of the person obtaining the nationality is more than 22 years old, he is exempted from performing military service
Note: Recently, it has been reported that the Turkish government began discussing the amendment of the Turkish Citizenship Law and raising the required investment budget to reach 500 thousand dollars for those wishing to obtain Turkish citizenship through real estate investment in Turkey.
And some sources mentioned that the reason for this is that a large number of foreigners have acquired Turkish citizenship during the recent period in a short time.
We are the team of Commitment Real Estate in Istanbul, we promise you the best real estate offers in Turkey that are suitable for the conditions for obtaining Turkish citizenship with a good return on investment, provide the best services and end all procedures for obtaining Turkish citizenship until receiving the Turkish passport and card
For communication and advice, WhatsApp or call us, phone number:00905444333589
Also read: What are the "documents" required to obtain Turkish citizenship?
After the economic boom that occurred in Turkey in the past years, a large number of foreigners sought to obtain Turkish citizenship by investing in real estate and enjoying a Turkish passport that allows its holder to enter 121 countries without a visa.
In turn, the Turkish state has provided many facilities to investors and those wishing to buy real estate inside Turkey, and among these facilities is to reduce the amount decided to obtain real estate citizenship in Turkey from one million US dollars to 250 thousand US dollars, and has also accelerated the procedures and extraction of papers
* In this article, we will deal with the documents required to obtain Turkish citizenship for the owner of the property, his wife and his children after the real estate purchase process in Turkey, and we will also address some important points that must be taken into account when preparing the required papers.
* We will also deal with the papers required to legally reside inside Turkey before obtaining Turkish citizenship for the investor wishing to obtain Turkish citizenship.
The important points related to preparing the papers must be mentioned before starting the application process for Turkish citizenship.
* All papers that will be submitted to obtain Turkish citizenship issued from abroad must be certified by the embassy or consulate of this country and also the same documents must be attested by the Turkish consulate or embassy in this country
* If the papers cannot be certified by the Turkish embassy or consulate in the country of origin of the documents , then they are notarized by the consulate or embassy of this country inside Turkey and translated by the notary public (Notre), and then ratified by the governor
The order of the papers required to be submitted to obtain Turkish citizenship: -
- Submit the title deed or what is known in Turkey as the title deed
- The original payment receipts from the bank with a live stamp of the bank from the buyer's account
- The original receipts from the bank with a live stamp of the bank from the seller's account
- The buyer or investor makes two copies of the agency for the citizenship application at the notary public. The wife and children can be added within this agency
- It is also possible to create a special agency for the wife and children and submit the papers to the law team to follow up the procedures in the official departments of the state
- Translation of passports and their attestation from the notary of the state Notre
The papers required to obtain residency inside Turkey before obtaining Turkish citizenship: -
1- Application form to apply for residency
2- Certificate of Conformity and this certificate are extracted from the Tabu Department and it proves that the property conforms to the conditions for obtaining citizenship
3- 4 recent personal photos
4- Health insurance
5- A valid passport
6- The person concerned must be present himself
Papers and documents required for the wife and children to obtain citizenship: -
6- If the investor or buyer applies for nationality for himself and his children only and does not wish to give citizenship to his wife, in this case, proof of the mother’s consent must be submitted for children under 18 years of age to obtain citizenship
Ways to obtain Turkish citizenship
We all know the development in Turkey in the last two decades, and we see advertisements, videos and photos about the beauty of the country with its architecture, nature, history, originality and features that are not found in another country.
- Obtaining Turkish citizenship opens the doors of 77 countries around the world without the need for a visa to enter it, and facilitates entry to 26 countries of the European Union .
- It allows you to keep your first citizenship and thus becomes a dual national , and it is valid for life.
- Obtaining all rights related to Turkish citizens in terms of health, education, and smooth financial and banking transactions.
What are the best ways to obtain Turkish citizenship?
There are many ways to obtain citizenship from marriage, adoption, and Turkish Ottoman assets, up to obtaining it through investment, and it is one of the methods that the Turkish government encourages , as it amended its law in 2017, we summarize it for you as follows:
Real estate investment in Turkey with a value of $ 250,000, where the required amount was reduced from $ 1 million to $ 250,000 on the condition that the investment is not transferred, transferred or withdrawn within a period of 3 years.
The bank deposit in a Turkish bank in an amount of 500 thousand dollars, after it was 3 million dollars, and not withdrawing the deposit in a period of 3 years.
Purchase of government bonds : The required amount was reduced from 3 million to 500 thousand US dollars.
Employment of Turkish citizens : the required number decreased from 100 to 50 employees.
What are the steps for obtaining citizenship through real estate investment?
- That the price of real estate owned in Turkey exceeds $ 250,000
- The property you bought in Turkey must have a tapu “title deed”
- It is not possible to apply for citizenship through sales contracts without a title deed.
- An official real estate appraisal must be obtained from one of the companies documented in the Turkish Financial Markets Department (spk) and that the price of this valuation exceeds $ 250 thousand
You can apply for Turkish citizenship through several real estate owned by the investor, with a total of which the required amount for citizenship is achieved, which is $ 250,000.
Summarizing the conditions for obtaining Turkish citizenship
- The total price of the real estate whose documents will be used in the application file for citizenship must reach $ 250,000
- The owner of the real estate purchased must be Turkish
- The person applying for Turkish citizenship must not pose any threat to Turkish national security and not belong to any parties or groups hostile to the Turkish state.
- It is necessary to acknowledge and pledge not to sell the real estate whose title deeds have been submitted in the application file for Turkish citizenship except after three years in case of wanting to sell
Where can I find the right property for the conditions for obtaining citizenship?
There are many real estate companies in Istanbul, but we at Commitment Real Estate are committed to being with you from the first moment we communicate to make sure that you find what suits you.
And we overcome all the obstacles that may face you with a dynamic and integrated team in front of you. We have services that cover all the needs of those wishing to buy a property, invest and settle in Turkey.
Commitment company for consulting and real estate investment in Turkey -many integrated services .
Feasibility studies
Suitable real estate offers at the best real estate prices in Turkey
We finish all procedures for obtaining Turkish citizenship through real estate investment and end the procedures for real estate residence in Turkey for our valued customers
Contact us WhatsApp: 00905444333589
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