To qualify for Turkish citizenship via buying a property in Turkey applicants are required to invest into real estate in Turkey worth a minimum of $250,000. The value of the property will be determined by an official valuation survey completed by the authorities that are announced by the Banking Supervision Board. This investment obligation can be fulfilled by either purchasing a single property or multiple properties, we highly recommend Istanbul property as the investment location as rental gains and capital appreciation are still growing faster than any other zone in Turkey. Investors MUST retain ownership of their Turkish property for at least 3 years. This compulsory requirement is recorded on the Title Deed.
The Turkish property purchase should be paid via bank to bank wire transfer and supported by bank receipts to prove that the investment was made from the buyer’s account to the seller’s account or attorney.
In the event that the Turkish property is purchased through a mortgage or loan, the mortgage value will be deducted from the value stated in the overall valuation survey and the balance will be taken into consideration.
All Turkish citizenship investments applications will be sent to the Ministry of Internal Affairs, General Directorate of Population and Citizenship Affairs, Directorate of Foreigners Department, through the Ministry of Environments and Urbanization, Land Registry Office.
Steps to obtaining Turkish citizenship through buying a Turkish property
Apply for a Turkish Tax Registration Number
Open a Turkish Bank Account
Source a suitable Turkish Property
Complete the legal process of buying Turkish Property
Obtain a Certificate of Conformity
Apply For Turkish Residency
Apply for Turkish Citizenship
The 7 steps above may seem daunting to a foreign investor, however each procedure is very simple and easy to complete. With over 20 years experience working in the Turkish property sector in Turkey our business team of real estate professionals and legal experts will guide you step by step to ensure that your property meets your investment objectives and that you and your family's new Turkish citizenship is secured.
Conditions of Turkish Citizenship through Real Estate
You must retain all Turkish property Investments for 3 years.
You can sell your Turkish property after citizenship is granted & holding conditions have expired.
Your spouse and children under the age of 18 years old will also be granted Turkish Citizenship.
There is no requirement to live in Turkey to gain Turkish citizenship.
Your Turkish Citizenship will remain throughout your life time.
You can retain multiple citizenship's together with your Turkish Citizenship.
Citizenship via Turkish property, what documents do you need?
Birth Certificate.
Certificate of Residence.
Legal document to prove family status; marriage certificate etc.
If the applicant is widowed, a death certificate is needed.
Health Insurance.
12 passport size photos with a white background.
Passport.
Power of Attorney.
Application Forms.
Notarized copies with Turkish translation of above listed documents will be required for submission together with the application forms and photographs.
Here are Waterfront Portfolio our real estate office in Istanbul has been supporting investors to source and invest into quality Turkish properties for over 20 years. With an exclusive selection of villas, apartments, office spaces, commercial real estate and other interesting Turkish investment opportunities our dynamic team is here to help you step by step!
We have many great deals which comply with the Turkish citizenship by investment regulations, ideal for both holidays and investment with some great buy-to-let offers just added to our portfolio. For more information about our Turkish property deals and how to begin your application for citizenship investment just send us an email; enquiry@waterfrontportfolio.com or visit: https://www.waterfrontportfolio.com/turkey-property
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