Get Turkish citizenship by real estate investment

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The documents required to obtain Turkish citizenship
3-6 Months
To obtain Turkish Citizenship

*Papers must be brought from the investors country

Who can get Turkish citizenship by investment


1-A foreigner who has not been convicted, has not violated Turkish immigration laws and has fulfilled the conditions of the program can obtain Turkish citizenship.

 2-Citizens of Armenia, Cuba, Nigeria, North Korearnand Syria cannot participate in the program. 

3-Turkish citizenship is granted to the spouse of the investor and children under 18 years of age. Spouses' parents and adult children can get residence permits in Turkey

 4-If the adult children and parents of the investor have their own sources of income, they cannot be included in the application. To obtain citizenship, they participate in the program as individual main applicants and fulfill the investment conditions. 


How to get a Turkish citizenship by investment 


1-You can obtain Turkish citizenship within three to six months. Among foreigners, Turkish citizenship by investment is in demand. This is how up to half of all applicants receive a Turkish passport. Over the past two years, over 35 thousand people have received Turkish passports in this way. 

2-1. Purchase of real estate worth $400,000. This is the easiest and most popular investment option when applying. You can buy any property: apartment, house, commercial /industrial premises and land.

 3- It is not necessary to buy one object, you can buy several apartments with a total cost of over $400,000.


 Procedures and time frame to obtain Turkish citizenship by investment program 


The Türkiye Citizenship by Investment Program (previously named the Turkey Citizenship by Investment Program) was launched in January 2017 to attract foreign direct investment to and boost growth in the country’s real estate sector. The program allows applicants to choose from a number of different types of economic contributions to Turkish society, thereby developing the country’s economy. -After applicants have chosen the qualifying investment option, a residence permit application shall be made on the family’s behalf. The main applicant is then required to open a bank account in Türkiye. -Once all application documents have been prepared (including applicable certifications and translations), the investment can be completed and the documents submitted to the government. Once the application has been received by the government, the review process will begin and an interview may be requested. Applications are typically approved within 90 days, following which the citizenship documents are issued. The passport application can then be submitted 


BENEFITS 


1-Being a Turkish citizen brings many benefits both for investors and their families in terms of social life, easy travel and financial opportunities . Turkey guarantees the welfare and future of them with free education services and healthcare provided to its citizens. 

2-A Turkish passport allows visa free travel (or visa on arrival) to 105 countries worldwide. Turkey also holds out the possibility of eventual visa free access to the EU. Currently, talks are ongoing, although Turkey has some way to go in order to meet EU conditions. 

3-Foreign investors can buy real estate as residential property or as a prospective asset with the possibility of a high return on investment. Foreign investors may also gain rental income from their real estate investments or sell them after a 3-year period of restriction. Turkey has an extensive selection of comfortable residences and luxury seaside villas at appropriate costs for all budgets

 4-The program also provides shortcuts for relocation in the UK and the USA under special visa categories suitable for Turkish citizens. Foreign investors may begin the process of becoming British citizens by relocating to the UK as a beneficial extension of the agreements between the two countries. Besides, there is the possibility to live in the USA by having an E-2 investment visa. 


Stages of obtaining Turkish citizenship by investment 


1-Meeting the requirements of the program: searching and buying real estate you will also need to open a bank account and obtain a taxpayer number. 

2-Collecting the necessary documents like :a copy of a passport, confirmation of payment of state fees and photos, you will need : a police clearance certificate; a notarized permit for the processing of the applicant's data by local officials documents confirming the implementation of investments: for example, assessment report, copy of title deed and extract from a bank All foreign documents must be translated into Turkish, notarized and apostilled. 

3-Applying for citizenship at the Turkish Registry Office, to the package of documents already collected, the application is considered within three months. During this time, the documents are studied by the Turkish Ministry of the Interior, and the decision to grant citizenship will be signed by the President 

4-Obtain a Turkish passport. The applicant comes to Turkey and receives a passport. If this is not possible, the documents can be obtained by a lawyer.

Who we are

  • We ISTAPROPERTY offers unparalleled professional service and caters to a wide variety of real estate properties ranging from residential to commercial.
  • we are dealing with more than 500 projects in TURKEY
  • our residential ,commercial projects are located in istanbul , Antalya, İzmit, bodrum and İzmir
  • our projects offer sea views , bosphorus views ,forest views , city views , green views and full smart home system near all the transportation .
  • flexible payment plan from one year to ten years with 45% - 50% down payment , discount on cash payment
  • Looking for a home , property to invest , property for nationality , Villas or lands we help you find the best properties with the best deals .
Nationalities That Buy The Most in Turkey
Best Selling Cities in Turkish Real Estate Market
FAQ About Investment in Turkey
  1. what is the law of turkish citizenship?

    After the last amendment issued by the Turkish government in 2018 regarding the citizenship decision, it became possible to obtain Turkish citizenship easily

    by purchasing a real estate with a value of more than $400,000, and not selling it for 3 years.

  2. Why should I invest in Turkey

    Turkey offers a strategic location bridging Europe and Asia, a growing economy, a young and dynamic population, and numerous incentives for foreign investors. The real estate market, in particular, provides lucrative opportunities due to its diverse property options, strong demand, and potential for high returns.

  3. Can foreign nationals buy property in Turkey?

    Yes, foreign nationals can buy property in Turkey. The Turkish government has made it easier for foreigners to invest in real estate, providing the same rights to property ownership as Turkish citizens.

  4. What types of properties are available for investment?

    In Turkey, you can invest in a wide range of properties, including:

    • Residential properties (apartments, houses, villas)
    • Commercial properties (offices, retail spaces)
    • Luxury properties (high-end apartments, villas, penthouses)
    • Land and development projects

  5. What are the benefits of investing in Turkish real estate?

    Investing in Turkish real estate offers several benefits:

    Potential for high rental yields and capital appreciation

    Attractive citizenship by investment program

    A wide variety of property options to suit different budgets and preferences

    Low property taxes and favorable investment conditions

  6. How much do I need to invest to qualify for Turkish citizenship?

    To qualify for Turkish citizenship by investment, you need to:

    Purchase property worth at least $400,000 and hold it for a minimum of three years

    Alternatively, you can invest $500,000 in fixed capital, government bonds, a Turkish bank deposit, or a venture capital investment fund

  7. What is the process for buying property in Turkey?

    The process for buying property in Turkey typically involves:

    Selecting a property and negotiating the terms

    Signing a sales contract and paying a deposit

    Conducting due diligence and obtaining a property appraisal

    Completing the transfer of ownership at the Land Registry Office

    Paying the necessary taxes and fees

  8. What taxes and fees are associated with property purchase in Turkey?

    When purchasing property in Turkey, you will need to pay:

    Title deed transfer tax (4% of the property’s sale price)

    Notary fees

    Stamp duty

    Legal fees (if you choose to hire a lawyer)

    Property valuation fee


  9. Can I get a mortgage to buy property in Turkey?

    Yes, both Turkish citizens and foreign nationals can obtain mortgages from Turkish banks. The terms and conditions may vary, and it's advisable to consult with a financial advisor or mortgage broker to understand your options.

  10. How can I manage my property if I am not living in Turkey?

    You can hire a property management company to take care of your property. They can handle everything from finding tenants and collecting rent to maintaining the property and addressing any issues that arise.

  11. Is it safe to invest in Turkey?

    Turkey has a robust legal framework for property ownership and investment. However, like any investment, it’s important to conduct thorough research and due diligence. Working with reputable real estate agents and legal advisors can help ensure a safe and successful investment.

  12. What are the best cities for real estate investment in Turkey?

    Istanbul is the most popular city for real estate investment due to its economic and cultural significance. Other attractive cities include:

    Antalya: Known for its tourism and beautiful coastline

    Ankara: The capital city with a stable real estate market

    Izmir: A growing city with a strong economy and lifestyle appeal

  13. How do I start the process of investing in Turkish real estate?

    To start investing in Turkish real estate, you can:

    Contact a reputable real estate agency like Mitanya Global for guidance

    Research and select the type of property you wish to invest in

    Arrange a visit to Turkey to view properties and meet with real estate professionals

    Prepare the necessary documentation and funds for the investment

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