4 ways to acquire Turkish citizenship by investment

Why foreigners prefer to obtain Turkish citizenship?

When obtaining a Turkish citizenship, it enables you to grant Turkish citizenship to your husband / wife, and your children those under 18 years

Turkish citizenship

old, Also, your children will be born as Turkish citizens, unlike most countries, Turkey allows you to keep multiple citizenships along you’re your Turkish citizenship.

What are the investment cases that give his owner the right to apply for the acquisition of Turkish citizenship?

  • Acquire an immovable asset of at least 250K $
  • Deposit in a Turkish bank at least 500K $
  • Acquire government bonds of min 500K $
  • Real Estate investment with a minimum value of 250K $

Real Estate Investment:

What are the steps for acquiring Turkish citizenship by real estate investment?

First step: Getting a tax registration number:

Tax Registration number can be obtained from any

 tax office in Turkey, original passport and photos are required.

Second step: Opening a Turkish bank account:

Bank account will be necessary to document sale and purchase transactions. Opening a bank account requires an original passport, tax registration number, and an official document (such as utility bills) shows your current address.

Third step: Finding the required property:

The property you want to buy must be equal to the value of $ 250,000 or its equivalent in Turkish lira, it can be one or several properties that achieve the required value, the property must be either completed in construction or close completion as well as residence permit has been granted in it. Also it must fit the Required value that mentioned in the official evaluation survey.

Fourth step: Buying the property

bank transfer is required to document the sale transaction hence gaining a receipt.

Obtaining a title deed or a notarized sale contract with a clause not to sell the property for a period of three years.

Fifth step: obtaining the certificate of conformity:

  • Request provide official Valuation survey
  • submit the bank transfer receipt.
  • apply to the Ministry of Environment and Urbanization.

Sixth step: Application for obtaining Turkish residency

By submitting an application to Directorate General of Migration Management, accompanied by the required documents.

Seventh step: Request to acquire Turkish citizenship

By submitting an application to Directorate General of Migration Management, accompanied by the required documents.

What are the conditions for real estate investing?

  • Buying real estate in Turkey with a minimum value of $ 250,000, and this can be achieved by purchasing several properties.
  • To keep the purchased property for a period of not less than 3 years, and this condition must be recorded as a commitment in the title deed.
  • The value of the property is determined according to an official evaluation survey carried out by the authorities in charge of the Banking Supervision Board, and the value of the property in this evaluation should not be less than 250 thousand dollars.
  • The price of the property is paid by bank transfer, to prove the purchase with bank documents proving the payment from the buyer’s account to the seller’s account.
  • In the event that the purchased property is subject to a mortgage, the value of the mortgage is deducted from the value mentioned in the evaluation survey, and the remaining amount is taken into account.
  • Any property transferred from the applicant’s spouse or children is not taken into consideration.
  • The application is sent to the Ministry of Interior, General Directorate of Population Affairs, Directorate of Foreigners Affairs, Land Registry Office

What are the documents required to apply for the acquisition of Turkish citizenship?

  • birth certificate
  • A residence document
  • A family statement showing all family members (husband / wife, children), marriage certificate, divorce certificate.
  • Certificate of death of the husband / wife, in case the applicant is a widow.
  • health insurance.
  • Personal photo on a white background (12)
  • passport
  • Notarized translation of these documents in Turkish language
  • Authorization
  • Application form

Facts about real estate investment program:

  • A minimum period of 3 years is required for all investments whatever the type.
  • You can become a Turkish citizen and recover all investments also after 3 years from the date of the investment.
  • You can sell your property as soon as you obtain Turkish citizenship and the specified time expires.
  • Turkish citizenship can be granted to the applicant’s husband / wife, and his children who are under the age of eighteen years.
  • It is not necessary to live in Turkey to be able to invest in the real estate field.
  • You will retain Turkish citizenship throughout your life and your children will be born as Turkish citizens.
  • You can retain your other nationalities besides the Turkish nationality, and you do not have to give up one of them.

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