How to obtain Turkish citizenship for the purchase of real estate?

How to obtain Turkish citizenship for the purchase of real estate?

Due to its unique location, excellent climate, developed economy, and high standard of living, Turkey has become a popular country among foreigners. Having visited the Republic of Turkey once, many people gladly come back, and some even think about relocation. Therefore, the question about the opportunities to obtain citizenship by purchasing real estate in Turkeys is actively discussed on the network.

In 2018, the government of the Republic of Turkey amended the bill regarding the acquisition of citizenship in return for real estate investments. The law was simplified to attract foreign investment. In the past, Turkish citizenship could be acquired by purchasing real estate worth $1 million, now the amount has been reduced fourfold. Currently, the amount of investment in real estate to obtain citizenship in the state starts from 250 thousand dollars.

A significant simplification of the law caused a stir among foreign investors, and the number of people willing to become permanent residents has grown significantly. The purchase of real estate abroad is not only a profitable way to invest but also an opportunity to obtain citizenship or a residence permit in a foreign country.

Benefits of Turkish Citizenship

Как получить гражданство Турции за инвестиции
Obtaining citizenship in Turkey in return for real estate investment opens up new opportunities for foreigners, allowing them to experience several benefits:

  • No language restrictions. You don't have to take a local language test to acquire a Turkish passport.
  • Dual citizenship. It allows you to retain the citizenship of your home country and become the owner of two passports.
  • Residence and work permit. Becoming a citizen of Turkey, you will not experience any restrictions and will be able to live and work in the country.
  • Opportunity to remain on the territory of Turkey legally and travel outside the country for an extended period.
  • Quality medical care, free school education, social and retirement benefits.
  • Visa-free regime. You will be able to visit more than 110 countries of the world.
  • E2 business visa in the USA. You can apply for a US non-immigrant visa by agreement with the US.

Conditions for obtaining citizenship in return for the real estate investment

Турецкий паспорт за инвестиции в недвижимость
Favourable conditions for obtaining citizenship in Turkey attract foreigners. To acquire a Turkish passport, you do not have to live in the country and learn the language, and you do not need to prove the legal origin of funds. At the same time, the registration process is fast and easy.

There are no special requirements or restrictions regarding real estate to acquire citizenship in return for investment. You can buy a luxury residence by the sea, several budget apartments, or commercial real estate. The prime condition is that the investment amounts to at least 250 thousand dollars.

A prerequisite for retaining citizenship is not to sell the property for three years from the date of the buy-sale agreement. The real estate can be rented or used for personal purposes.

Stages of obtaining citizenship

The citizenship application process is quite simple and takes 3-4 months. The applicant does not have to speak the Turkish language and does not need to pass any official interview.

Как получить гражданство Турции за инвестиции в недвижимость

The procedure for acquiring Turkish citizenship by investing in real estate is as follows:

  1. Obtain a Turkish TIN. The tax registration number is issued by the local tax office.
  2. Open an account in one of the Turkish banks. You should find a reliable financial institution with the most favourable conditions in advance.
  3. Purchase and registration of real estate. The ownership right is issued after submitting an application to the Land Registry at the real estate location. Then the inspectors carry out the necessary inspection and issue a TAPU.
  4. Obtain a certificate of conformity. Real estate is assessed by an accredited specialist from the Cadastral Department and Turkish government agencies. The specified estimated value must match the price indicated in a buy-sale agreement.
  5. Apply for Turkish citizenship. The application is considered by the regional structures of Turkey, the national police. Then the document is sent to the office of the Ministry of Internal Affairs and the Presidential Administration.

Many foreigners are concerned about whether dual citizenship is allowed in Turkey. According to the legislation of the Republic of Turkey, there are no restrictions. If your country does not ban dual citizenship, you can have dual citizenship in Turkey.

The documents

Как получить турецкий паспорт

To get a Turkish passport, you should know what documents are required for Turkish citizenship. You will need:

  • a form filled in on the website of the migration service;
  • international passport and its copy;
  • originals and copies of birth certificates for all applicants;
  • 4 photos 3.5x4.5 cm for each applicant;
  • Turkish TIN issued by the local tax office;
  • TAPU - document of ownership, copy;
  • Ikamet or visa;
  • certificate of no criminal record;
  • act of expert evaluation (valid for three months);
  • tax receipts;
  • a document confirming a purchase for 250 thousand dollars.

These are all the documents you need to acquire citizenship in Turkey. The documents must be translated into Turkish by a sworn translator and certified by a notary.

It is worth noting that when considering an application, the health and reliability of the applicant are considered. If the applicant suffers from dangerous diseases, has violated the law, or has been a member of provocative organisations, the application will be rejected.

How to get Turkish citizenship quickly

Самый быстрый способ получения гражданства Турции

Looking for a way to get Turkish citizenship fast? The easiest and most popular option is to invest 250 thousand dollars in Turkish real estate. An apartment, a villa, commercial and industrial premises, and land plots would be suitable investment options.

If you purchase several objects with a total value of more than 250 thousand dollars, the allowable interval between buy-sale agreements is no more than two months.

Important!

Since March 2021, the Turkish citizenship by investment law for foreigners has undergone some changes. Under the new rules, real estate can participate in the citizenship program only once. If a foreigner bought real estate and received a Turkish passport in return for investment, then in the event of resale, the next owner loses the right to acquire citizenship by the purchase of the real estate.

In the case of the real estate sale to the former owner - a citizen or a Turkish company, the grounds for obtaining Turkish citizenship will be reviewed. An exception is a case when the property is returned to the former owner by a court decision.

New Time Investment will help you find excellent apartments or several real estate with a total worth of $250,000 or more at a bargain price, and you will be able to apply for citizenship after the purchase.

Oops :( Something went wrong. Please try again

Confirm that you are not a robot.