Today, Turkey is one of the world's leading investment destinations. Its rich cultural heritage and rising economy make buying an apartment in Turkey with Turkish citizenship a strategic option for foreign investors.
The Turkish citizenship program through real estate investment offers a golden opportunity to obtain a strong passport and enjoy full rights as a Turkish citizen.
In this article, we review the opportunities of buying an apartment in Turkey with Turkish citizenship, clarify the conditions for acquiring Turkish citizenship through apartment purchase, and explain the procedures involved and the role of Mbany Real Estate in facilitating the process.
Opportunities of Buying an Apartment in Turkey with Turkish Citizenship
Advantages of Buying an Apartment in Turkey to Obtain Citizenship
- The possibility of applying for Turkish citizenship through real estate investment by purchasing an apartment worth at least USD 400,000.
- Benefit from the facilitated visa system that allows travel to over 110 countries without a prior visa.
- Obtaining permanent residency in Turkey qualifies you for educational, healthcare, and social benefits equivalent to those of Turkish citizens.
Reasons to Choose Turkey as a Real Estate Investment Destination
- Sustainable Economic Growth: In recent years, the real estate sector has experienced an average annual growth of around 8%.
- Profitability and Rental Returns: Rental yields reach 5–7% annually in major cities like Istanbul and Antalya.
- Variety of Options: From luxurious apartments on the Bosphorus to residential units in tourist areas.
Conditions for Obtaining Turkish Citizenship Through Apartment Purchase
Required Investment Amount
According to the legal amendments issued in 2018, the conditions for acquiring Turkish citizenship through apartment purchase require that the property value be at least USD 400,000.
Upon purchase, the amount must be fixed in US dollars or the equivalent Turkish lira.
Commitment Not to Sell the Property for Three Years
The property must be retained for three years from the date of the title deed (TAPU) issuance.
A condition for Turkish citizenship through apartment purchase is that the ownership must not be transferred during this period to ensure investor seriousness.
Procedures for Buying an Apartment in Turkey with Turkish Citizenship
Steps to Apply for Turkish Citizenship via Apartment Purchase
- Obtain a Turkish Tax Number (Vergi No): This is the first step before any financial or legal process.
- Opening a bank account in Turkey: To transfer property values and invest according to government standards.
- Sign the Sales Contract (Sözleşme): This includes a summary of financial and legal terms with the developer or seller.
- Obtain the Title Deed (TAPU): This document is officially in the buyer's name and serves as proof of property ownership.
- Translate Ownership Certificates and Contracts: Through a certified translator and notarized.
- Submit the Citizenship Application File to the Directorate General of Migration Management and the Turkish Ministry of Interior, including all required legal documents.
- Follow-Up and Approval: The process usually takes between 3 and 12 months to make the approval decision.
Role of Mbany Real Estate in Facilitating the Process
Mbany Real Estate provides specialized consultations in selecting the best apartments for those eligible to buy an apartment in Turkey with Turkish citizenship.
They coordinate with lawyers for document translation and legal notarization.
With post-sale services and property management, they follow up on the citizenship file until the final decision is obtained.
Advantages of Buying an Apartment in Turkey to Obtain Citizenship
Enjoying the Rights of a Turkish Citizen
- The right to self-employment and employment in all sectors.
- Access to comprehensive healthcare.
- Eligibility to enroll in public educational institutions at reduced fees.
Ease of International Travel
- The Turkish passport allows visa-free or visa-on-arrival travel to over 110 countries.
- Turkey’s membership in free trade agreements facilitates trade exchange for investors.
Conditions for Turkish Citizenship Through Apartment Purchase in Turkey
Security and Financial Checks for the Investor
- Applicants undergo anti-money laundering checks and verification of the source of wealth.
- A translated and notarized certificate of no criminal record must be provided.
Income Proof Requirements
- Recent bank statements prove financial capability to meet commitments.
- Bank guarantee letters or evidence of other investments to strengthen the application file.
Comparison Between Turkish Citizenship and Other Real Estate-Based Citizenship Programs
Turkish Citizenship via Real Estate vs. Other Programs
- Minimum Investment: USD 400,000 in Turkey vs. EUR 250,000 in Greece and often EUR 1 million in Cyprus.
- Property Holding Period: 3 years in Turkey vs. 5–7 years in some European countries.
- Residency Requirement: Turkey does not require actual residency, unlike other programs that often require continuous presence.
Advantages of the Turkish Passport Compared to Others
- Faster Procedures: Passport issuance within 3–6 months instead of 12–24 months in some countries.
- Passport Strength: High global ranking, with easier access to the US and Canada.
Why Choose Mbany Real Estate to Buy an Apartment in Turkey with Turkish Citizenship?
Outstanding Services for Foreign Investors
- A multilingual team specialized in real estate investment and citizenship.
- Partnerships with major developers to secure exclusive real estate options.
Excellence in Providing Integrated Solutions
- Comprehensive legal and financial consultations from planning to receiving the Turkish passport.
- Post-purchase property management includes leasing, maintenance, and increasing return on investment.
Frequently Asked Questions About Buying an Apartment in Turkey with Turkish Citizenship: Opportunities and Conditions
What Are the Steps for Buying an Apartment in Turkey with Turkish Citizenship?
The process begins by obtaining a tax number and opening a bank account. It is followed by signing the sales contract, obtaining the title deed (TAPU), submitting the citizenship application, and completing security and financial checks.
What Are the Conditions for Acquiring Turkish Citizenship Through Apartment Purchase?
The apartment must be at least USD 400,000, and the property must be held for 3 years without transferring ownership.
What Are the Benefits of Buying an Apartment in Turkey to Obtain Citizenship?
With Turkish citizenship, you can buy an apartment in Turkey, enjoy citizen rights such as education and healthcare, and travel to over 110 countries without a prior visa.
Can I Sell the Apartment Before Meeting the Conditions for Turkish Citizenship Through Apartment Purchase in Turkey?
No, the property must be retained for three full years from the date the title deed is issued to fulfill the conditions for Turkish citizenship through apartment purchase in Turkey.
How Does Mbany Real Estate Help Me Obtain Turkish Citizenship Through Real Estate Purchase?
Mbany Real Estate offers integrated services including property selection, price negotiation, legal coordination, and citizenship file management until the final passport is received.
Conclusion: Buying an Apartment in Turkey with Turkish Citizenship: Opportunities and Conditions
In conclusion, buying an apartment in Turkey with Turkish citizenship: opportunities and conditions represents a clear pathway to obtaining a Turkish passport and benefiting from citizenship in the heart of Eurasia.
Investors can enjoy a stable and secure life in Turkey through the strict procedures of buying an apartment in Turkey with Turkish citizenship and the precise conditions for acquiring Turkish citizenship through apartment purchase.
Suppose you seek Mbany Real Estate to facilitate your journey to Turkish citizenship through real estate investment in Turkey. In that case, we guarantee a smooth experience and assured success in achieving your dream of Turkish citizenship through real estate.
07-04-2024 
