Turkish citizenship by investment

Turkish citizenship by investment
Turkish Nationality: In recent years, the Turkish government has followed the approach of granting Turkish citizenship to foreign investors wishing to obtain Turkish citizenship in accordance with the terms and conditions established in the Turkish Residency and Nationality Law. Whereas, forei...
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Turkish Nationality:

In recent years, the Turkish government has followed the approach of granting Turkish citizenship to foreign investors wishing to obtain Turkish citizenship in accordance with the terms and conditions established in the Turkish Residency and Nationality Law.

Whereas, foreigners wishing to obtain Turkish citizenship were required to purchase a property worth (1,000,000) million dollars, before working on amending the law, so that the amount required to obtain Turkish citizenship is (250.000)* US dollars.

How can I obtain Turkish citizenship through real estate ownership?:

Every foreigner can obtain Turkish citizenship, if he owns a property worth 250,000* thousand US dollars, even if the property is not ready for housing and is under construction.

How long is the expected period of time to obtain Turkish citizenship?:

After completing the process of registering the property in the Land Registry Department and establishing the ownership, and preparing the file attached with all the required information that we will mention later, the file is subject to study and approved in a period ranging between 3-6 months.

Can I obtain Turkish citizenship if I buy a property from a foreign person?:

In the event of a desire to obtain Turkish citizenship in exchange for the property, it is required that the property be purchased from a Turkish company or an Arab company licensed in Turkey, or that the owner be Turkish, and if the property owner is a foreigner and the property was purchased from him, he is not entitled to apply for citizenship Turkish.

What are the procedures to be taken after buying a property to obtain Turkish citizenship?:

  • Extracting the real estate appraisal (Ekspertiz) through the appraisal companies approved by the Land Registry Department.
  • Issuing a property ownership statement (Kat Mülkiyet)
  • Obtaining a residence permit (Oturma İzni) if the property is ready for occupancy.
  • Issuance of a clearance for the property (Burç yoktur)
  • Bank Transfer Notice of $250,000* or equivalent.
  • A copy of the passport for all family members.
  • 4 personal photos.
  • family statement.

Is the property required to be residential to obtain Turkish citizenship?:

It is not required that the property be residential in order to obtain Turkish citizenship, and the property can be an investment such as hotels, offices and shops,

You have the right to invest it in a way that does not contradict the Turkish real estate investment law,

During the three-year conditional period not to sell the property through which Turkish citizenship was obtained,

And when the no-holding period has passed, you can dispose of the property in the manner that suits you.

What advantages do I get if I obtain Turkish citizenship?:

The Turkish passport is considered one of the most powerful passports in the world, and it is ranked thirty-ninth in the world. It also allows you to travel to 72 countries around the world without a visa,

Including Qatar, Japan, Korea and Indonesia. You can also enter 42 countries with an entry visa from the airport, including Kuwait and Bahrain.

You can enter 7 countries that take a visa online, including Australia and the Sultanate of Oman.

The Turkish state also provides free medical care to its citizens,

In the case of obtaining Turkish citizenship, you have the right to participate in the presidential and parliamentary elections and also to run for parliamentary or other seats.

In addition to the completion of all obstacles related to foreigners from owning or obtaining work permits, or the requirement to employ Turks in foreign companies and others.

All this ends with your obtaining Turkish citizenship, this is only part of the advantages of obtaining Turkish citizenship and there are many more.

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 * In the middle of April of the year 2022, it was decided at the meeting to raise the value of the property to be purchased to obtain Turkish citizenship from 250 thousand to 400 thousand dollars, provided that it was not sold for 3 years, and the decision was implemented in the middle of the June 2022 .

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