The mechanism of obtaining Turkish citizenship by real estate investment 2022

The mechanism of obtaining Turkish citizenship by real estate investment 2022

Turkish citizenship is one of the most important conversations among investors in the world today, and the reason for this is the many advantages that its holder obtains. Did you know that one of the most prominent advantages that encouraged many foreigners around the world to obtain Turkish citizenship is the possibility of obtaining it in a variety of different ways?

Turkish citizenship through real estate investment is one of the most popular ways at all, and through this article we present to you all aspects related to this topic, starting from the conditions for obtaining it and ending with its advantages.

 

Conditions for obtaining Turkish citizenship through real estate investment:

Among the many facilities provided by the Turkish government to foreigners is the possibility of obtaining Turkish citizenship through owning real estate only through the price of not less than two hundred and fifty thousand US dollars, in addition to a pledge not to sell it before the lapse of three years.

In this regard, it must be noted that the Turkish government worked to reduce the required amount from one million US dollars to two hundred and fifty thousand US dollars only.

There are other conditions that must be met, which are the usual conditions for foreigners to buy real estate in Turkey, that is, the property should not be within a security or military zone, and it must also be ensured that the foreigner does not hold one of the nationalities that is forbidden to own property in Turkey.

 

Documents required to obtain Turkish citizenship:

Learn about the papers needed to obtain Turkish citizenship through real estate investment:

- A copy of the title deed of the property owned by the foreigner must be brought.

- The real estate appraisal document that accurately determines the value of the property.

- Receipts issued by the bank through which the price of the property was transferred.

- Receipts from the bank confirming the seller's receipt of the price of the property.

- A copy of the buyer's passport.

- Personal Photos.

- As for the wife and children, they must provide: personal photos + passports + birth certificates for children + documents confirming that the wife or children are not involved in criminal offenses + marriage contract and it must be translated into Turkish and certified by the notary public.

 

Steps to obtaining Turkish citizenship through real estate investment:

Here is a summary of the steps you will go through to obtain Turkish citizenship:

In the beginning, the property will be evaluated by the competent authority holding a license from the Turkish government, and this matter will only take three days or a week at the latest. The importance of this report lies in determining the price of the property very accurately, leaving no room for manipulation in the price of the property and includes all the information that is related to the property.

In the second step, the title deed of the property must be extracted, and this is in the Land Registry Directorate, and it only takes three days. A tax number must also be obtained, and finally, go to the Land Registry Directorate to register the property in the name of the buyer.

After that, you must bring the necessary papers, documents and papers, and do not forget that all of them need to be translated and certified by Notre.

 

Reasons for a foreigner to obtain Turkish citizenship:

The unanimity of many foreigners around the world on the importance of obtaining Turkish citizenship was due to the endless advantages it offers, and the following are the most prominent of them:

Entering many countries of the world without a visa:

Did you know that by obtaining Turkish citizenship, you will be able to enter many countries of the world without a visa, and in addition to that, there are many countries that have provided other facilities:

- The holder of this nationality can enter more than seventy countries in the world without a visa.

- Forty countries in the world grant the holder of that nationality an automatic visa upon arrival there.

- Eight countries granted him a visa through the Internet only.

 

First citizenship can be retained:

According to Turkish law, any foreigner who obtains Turkish citizenship is allowed to retain his first nationality. This nationality allows the possibility of dual nationality and can also benefit from the advantages of both nationalities together.

 

Turkish citizenship for all family members:

The wife and children of the property owner obtain citizenship as well, but under specific conditions, most notably:

- The children should be under the age of 18.

- It can only be given to one wife.

- If one of the children has special needs, he will receive it after three years, even if they are over the legal age.

 

Enjoying the rights of a Turkish citizen:

The holder of Turkish citizenship obtains the full benefits and rights enjoyed by Turkish citizens, which are as follows:

- You can benefit from the Turkish insurance system after retirement.

- You can benefit from advanced educational systems.

- You get comprehensive medical services for free or at reduced rates.

- Participate in elections, vote and run for important positions.

- It is possible to join jobs that a foreigner is prohibited from practicing, such as pharmacy - law - veterinary medicine.

In this context, let us point out one of the fears that terrifies many people who are thinking of obtaining Turkish citizenship through real estate, as their capital will freeze for three years before they can sell it and recover the capital, but the truth is on the contrary, as during these years it is possible to rent It is also expected that real estate prices will witness a significant increase during this period, and thus the capital will double.

Let us give you important advice in this regard, which is that your search for real estate should be focused in vital areas that have many service facilities or are close to infrastructure projects and public transportation.

Obtaining Turkish citizenship today has become an easy matter with all the facilities offered by Turkey. If you are looking for a property suitable for the conditions for obtaining this citizenship, contact us to provide you with the most important offers and the best options through which you will have achieved two goals at the same time, Turkish citizenship and a profitable real estate investment.

 

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