blog-img

Turkish citizenship through real estate investment

We will explore in detail the advantages of obtaining Turkish citizenship through real estate investment and how investors can take advantage of this attractive opportunity and we will discuss the conditions and procedures necessary to obtain citizenship, and review the legal and economic details associated with this type of investment.
 
 
 

Advantages of obtaining Turkish citizenship through real estate investment

1. The investor obtains the right of residence in Turkey, which makes it easier for him to live and move around the country.
2. The investor gets a strong Turkish passport that allows him to travel to more than 110 countries around the world without a visa.
3. The holder of Turkish citizenship can participate in all presidential, parliamentary and municipal elections.
4. The investor enjoys all the rights and duties of a Turkish citizen.
5. Real estate investment in Turkey provides an opportunity to obtain rewarding investment returns.
6. The foreign investor has the right to obtain ownership of the property and benefit from it as his own property.
7. Grants the right to permanent residence without the need to renew his residence.
8. The holder of citizenship is granted education rights in public and private schools in Turkey.
9. The investor gets access to health services in Turkey.
10. Family members of the investor obtain the right to own real estate automatically.
11. Real estate investment in Turkey provides protection for real estate investments.
12. The real estate market in Turkey is active and stable, which enhances the value of investment.
13. The right of free entry to 26 countries of the "Schengen" area.
14. The right to benefit from government and social programs in Turkey.
15. The investor gets the right to retire in Turkey and benefit from the available retirement programs.
16. A Turkish citizen can establish a company without restrictions.
17. The investor can benefit from all government services in Turkey as any other citizen.
18. He obtains the right to focus on inheritance and receive it with the same laws that apply to Turkish citizens.
19. He enjoys the protection of the Turkish state abroad.
20. He gets banking facilities and better terms when dealing with Turkish banks.
 
 
 
 

Conditions for obtaining Turkish citizenship through real estate investment

1. Buying a property with a value of at least $400,000.
2. Commitment not to sell the property for at least 3 years.
3. Selling foreign currency to the Turkish Central Bank and exchanging it for Turkish currency.
4. That the property purchased with the aim of obtaining Turkish citizenship is sold for the first time for this purpose.
5. The property must have any type of title deed (complete title deed, title deed).
6. The owner of the property must be of Turkish origin and not a foreigner who has obtained Turkish citizenship in any way.
7. The sale of the property must be done through bank transfers, and it is forbidden to trade in the property and cash sale (delivery of the amount by hand).
8. The method of paying the value of the property is in cash, and installments are not accepted unless the value of the first payment is more than $400,000.
 
 
 

Reasons for rejecting the Turkish citizenship application through real estate investment

1. The Turkish citizenship application may be rejected if the investor does not meet the conditions clearly specified in the Nationality Law, such as the value of the purchased property or the period of its retention.
2. Foreign investors are required to comply with the laws and regulations in force in Turkey, and the citizenship application may be rejected in the event of non-compliance with these laws.
3. If there are errors or incompleteness in the documents submitted with the citizenship application, it may be rejected for incomplete information.
4. A thorough security check is conducted for investors who wish to obtain citizenship, and in the event of security problems or a suspicious criminal record, the application may be rejected.
5. Citizenship laws and policies in Turkey may change from time to time, and this may affect the citizenship acquisition procedures for investors.
6. Investors may face difficulties in the financial transfer process required to purchase the property, which affects the possibility of obtaining citizenship.
7. Sometimes additional conditions may be put in place that require investors to comply with specific criteria, and in the event of non-compliance with these conditions, the application may be rejected.
 
 
 

Common questions

What is the minimum real estate value required to obtain Turkish citizenship?

A property must be purchased with a value of at least $400,000 USD.
 

Is it possible to sell the property after obtaining citizenship?

Yes, it is allowed to sell the property after three years have passed from the date of obtaining the citizenship.
 

Is the family of the investor who obtained the citizenship entitled to obtain it as well?

Yes, the wife and minor children of the investor who obtained citizenship can also obtain it.