The minimum amount required for Turkish Citizenship by buying property is 400,000 USD
The new regulation was published in the Official Gazette on 12 May 2022 which officially announced the minimum amount required for Turkish Citizenship is 400,000 USD
Continue reading.
How to apply for Turkish Citizenship by Investment
To obtain Turkish Citizenship by investment, you should purchase real estate in Turkey with a minimum total value of $400.000. You may choose to invest in one or multiple properties as long as the required amount is reached. Our clients typically choose to invest in multiple properties with guaranteed rental income. As Turkey Expert, we'll be presenting you with the most suitable options to maximize your investment while having an easy exit strategy when it's time to sell your properties.
One crucial point is the valuation must be done by a certified company, and the money should be brought to Turkey by customs or bank account in the last six months before the application. Another important point is the seller must be a Turkish Citizen, and the payment should be through a bank transfer.
1. Choosing the right property
The first step would be choosing the right property to buy. Our team of experts will be searching according to your search criteria and make sure to source the best possible choice available. You're not limited to only one property. It's possible to invest in multiple properties.
2. Property valuation and the appointment for the title deed
After deciding the right property to buy, the progress of expertise and appointment for the title deed signing procedure takes about a week.
While buying a property with the purpose of acquiring Turkish citizenship, one should tell title deed officers that the aim of the purchase is to acquire Turkish citizenship, so that title deed officers put gloss (exegesis) to prevent selling this property for 3 years.
While buying a property with the purpose of acquiring Turkish citizenship, one should tell title deed officers that the aim of the purchase is to acquire Turkish citizenship, so that title deed officers put gloss (exegesis) to prevent selling this property for 3 years.
3. Receiving the Certificate of Conformity and the Investor Resident documents
About 15 days after the purchase, the title deed gives you "uygunluk belgesi" (certificate of conformity) which allows you to apply "yatırımcı ikamet belgesi" (investor resident document),
just after the latter, you can apply for the appointment of Turkish citizenship. The application rendez-vous might be given after about 15 days.
Besides property documents, there'll be the following documents required; the translation of the applicant's passport, birth certificate, photos and the marriage certificate.
Besides property documents, there'll be the following documents required; the translation of the applicant's passport, birth certificate, photos and the marriage certificate.
4. The final step of getting your Turkish citizenship
After the application rendez-vous, it takes about 45 days to get Turkish citizenship.
The last step of the procedure is giving fingerprints and getting your Turkish citizen ID. The whole process takes two and a half to four months altogether.
As Turkey Expert, we'll be carrying out the necessary paperwork and assisting you with every step of the way.
As Turkey Expert, we'll be carrying out the necessary paperwork and assisting you with every step of the way.
Fees for Turkish Citizenship by Property
Title deed fees
- Expertise valuation fee for each property (about 3000 TL)
- Property tax, which is %2 for the buyer plus 500 TL and %2 for the seller (%2 of the total value of the property). It is common that if the seller makes a discount more than %2, the buyer also pays the seller's share of the property tax.
Turkish citizenship fees (for each family member applying for Turkish citizenship)
- Power of attorney: Depending on the type of property and the specific Notary branch, it can be between 2000 and 3000 TL.
- Government fees are about 1200 TL
- Notary (or consulate fees) are about 500-1000 TL (for translation of passport, birth certificate, marriage certificate, documents showing your family etc)
- Health insurance fees are about 700-1000 TL for each year
- Document Translations fees are about 500-1000 TL (if needed)
Turkish Citizenship by buying property, the minimum limit required is 400,000 USD for the applications after 12 June 2022
The minimum for acquiring Turkish Citizenship by purchasing real estate in Turkey has been 250.000 USD since 19 September 2018. This amount is increased to 400,000 USD, by an announcement published in the Official Gazette. The new regulation is activated as of 12 June 2022.
Can my family and I receive Turkish Passport through buying real estate in Turkey?
Yes, your children under 18 years old and spouses get the right to receive Turkish Passport as well.
Immigration to Turkey by investment
Turkish Republic Citizenship Program has been revised and eased for foreign investors. The amount required for foreign citizens to obtain Turkish citizenship through real estate investment has been lowered to 250.000 USD from 1.000.000 USD level. This amount was increased to 400,000 USD as of 12 June 2022.
Can I relocate to other countries such as US or UK with the Turkish Passport?
The USA has a special program for Investors (E1 / E2), enabling Turkish Passport holders to relocate to the USA. For the UK, relocating is simpler by opening a company.
Is dual Citizenship possible, do I need to give up my current Passport?
No, you can keep your current Passport, dual Citizenship is allowed when getting Turkish Passport by investment.
Am I required to learn Turkish language to receive Turkish Passport?
No, the Turkish Citizenship by Investment program does not require applicants to learn Turkish.
Can I make a profitable investment at the same time while applying for Turkish Citizenship?
Yes, you can! There're investment possibilities, both commercial or residential properties offering excellent rental returns. We'll be glad to inform you further about the possibilities.
Benefits of Turkish Citizenship by buying property
Turkish Citizenship program for investors is offering better conditions in comparison to similar Citizenship programs in other countries, such as;- Speed: The total length of the application takes up to 4 months on average. This is much shorter compared to similar applications in other countries.
- The period of investment: You can sell your real estate after 3 years.
- Low required investment amount: 400.000 USD will be sufficient for the Turkish Citizenship Application.
- Maintain your current passport: Turkish Citizenship application allows for dual citizenship.
- The simplicity of the application: Applying for Turkish Citizenship is far simpler regarding paperwork needed.
- Dynamic Economy: The Turkish economy is very dynamic and the real estate market is booming. These conditions backed with a well educated young population, ensures excellent conditions for real estate investment.
Property in Turkey for Turkish Citizenship
Here below you can view a selection of Turkish homes and apartments which are eligible for Citizenship by Investment
However, with direct personal contact, we'll be able to offer you possibilities to suit your current situation. So please don't hesitate to get in touch with us!
$ 531,000
Exquisite project in Istanbul Beylikduzu next to the Valley of Life and West Marina, offering Turkish Citizenship and high-quality interior designs.
Beylikdüzü, Istanbul
162-378 m2
4-7
$ 460,000
Ready
Valid until 31-Mar-2023
Located near the Istanbul West Marina, this spacious 3+1 property in this prime project offers Turkish Citizenship and guaranteed rental income.
Beylikdüzü, Istanbul
195 m2
4
$ 627,629
Modern apartments, investment apartments in Istanbul near the center
Beyoğlu, Istanbul
116-245 m2
2-4
$ 440,000
150 sqm commercial property in Istanbul with a guaranteed monthly rental income for 3 years, eligible for Turkish Citizenship.
Gaziosmanpaşa, Istanbul
150 m2
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$ 410,000
Ready
Valid until 28-Mar-2023
2 apartments with 1+1 and 2+1 plans for sale in this city center project in Kagithane with a reduced price and suitable for citizenship.
Kağıthane, Istanbul
190 m2
6
$ 435,187
Delivery on Jun 2025
Valid until 27-Mar-2023
Own 2 sea-view properties in Istanbul and obtain your Turkish Citizenship.
Maltepe, Istanbul
132 m2
3
$ 795,000
Delivery on Dec 2023
10 months installments
Valid until 26-Mar-2023
Spectacular 108 sqm apartment in this Maslak project is available with a 10-month payment plan.
Besiktaş, Istanbul
108 m2
2
$ 745,000
Ready
36 months installments
Valid until 26-Mar-2023
Own a 40th-floor apartment offering a full sea view in this tower in Sisli, with a special Nowroz price and a 3-year payment plan.
Şişli, Istanbul
88 m2
2
$ 800,000
The 350 sqm commercial property is located in a lively place in Istanbul, and offers a $30,000 monthly rental income and Turkish Citizenship possibility.
Bağcılar, Istanbul
350 m2
Don't miss out!
We're adding new properties continuously.
We'd like to keep you posted.
We'd like to keep you posted.
$ 480,000
Ready
Valid until 25-Mar-2023
Buy 2 apartments in this sea-view project in Istanbul Marina and have the possibility to apply for Turkish Citizenship.
Büyükçekmece, Istanbul
172 m2
5
$ 1,350,000
Delivery on Jun 2023
10 % Discount
Valid until 24-Mar-2023
Invest in a 5+2 triplex villa in this lavish project in Beylikduzu, offering citizenship and a 12-month payment plan, reduced from $1,513,000 to $1,350,000.
Beylikdüzü, Istanbul
406 m2
7
$ 420,890
Commercial and residential properties built on a plot of 50,000 m2 in the popular Levent district of Istanbul
Sarıyer, Istanbul
65-165 m2
2-4
$ 546,210
Located in the heart of Istanbul, Beyoglu, these newly built apartments offer amazing location and full concierge services.
Beyoğlu, Istanbul
77-224 m2
2-3
$ 935,257
Attractive new residences in central Istanbul Besiktas, only 5 minutes from Bosphorus, present variously-sized apartments, garden duplexes, and social facilities.
Besiktaş, Istanbul
131-551 m2
3-7
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$ 320,272
This project, with its 4-bedroom houses, offers excellent properties in Istanbul Basaksehir for those who seek lifestyle and Turkish Citizenship.
Basakşehir, Istanbul
188-281 m2
5
$ 1,035,000
This new complex in Istanbul Florya comprises 12 blocks with social facilities and variously-sized charming apartments which are suitable for Turkish Citizenship.
Florya, Istanbul
197-670 m2
3-8
$ 2,371,680
This exclusive compound on the European side of Istanbul is situated right on the waterfront. It consists of a marina and a beautiful promenade along the shore, with many facilities on site.
Beylikdüzü, Istanbul
285-1342 m2
6-10
$ 607,500
Unique Istanbul apartments on the valuable Bakirkoy Zeytinburnu coastline, whether it is for living or for investment.
Bakırköy, Istanbul
85-719 m2
2-6
$ 475,000
A 265 sqm shop in Istanbul is for sale with a guaranteed rental income and Turkish Citizenship opportunity.
Bahçeşehir, Istanbul
265 m2
$ 723,350
Distinguished residences in a mixed-use development with a hotel, commercial properties, and social features
Sarıyer, Istanbul
79-295 m2
2-4
$ 187,000
The project offers apartments and duplexes of various layouts with social facilities and balconies.
Beylikdüzü, Istanbul
110-232 m2
3-7
$ 716,400
Contemporary apartments in Zeytinburnu with various floor plans, suitable for Turkish Citizenship and offered with a payment plan
Zeytinburnu, Istanbul
132-340 m2
3-6
$ 2,790,900
A new level of luxury living has arrived in the heart of Istanbul Besiktas. The upscale project with ready residences and superb facilities is eligible for Turkish Citizenship.
Besiktaş, Istanbul
212-659 m2
4-8
$ 1,619,905
These Istanbul properties are located on the coast of Zeytinburnu, with a special design allowing all apartments to enjoy open sea views.
Zeytinburnu, Istanbul
298-347 m2
6
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$ 157,051
These Alanya properties are located on a site with facilities and beach access, eligible for Turkish Citizenship as well.
Avsallar, Alanya
48-160 m2
2-5
$ 794,700
The project combines different architectural styles and tastefully designed interiors in a unique location in Istanbul
Zeytinburnu, Istanbul
113-552 m2
3-6
$ 220,646
The 10-block project offers 1+1, 2+1, and 3+1 apartments with 20 shops and social facilities in a prime location.
Beylikdüzü, Istanbul
105-133 m2
3-4
$ 389,700
The elegant residential project in Istanbul accommodates 70 villas and 1117 apartments of various layouts, shops, amenities, and green landscaped gardens.
Küçükçekmece, Istanbul
78-246 m2
2-5
$ 481,500
This high-end development offers garden duplexes, simplexes, and roof duplexes surrounded by nature, social facilities, and stores in Istanbul Uskudar.
Üsküdar, Istanbul
62-415 m2
2-4
Don't miss out!
We're adding new properties continuously.
We'd like to keep you posted.
We'd like to keep you posted.
$ 156,600
Near the Sabiha Gökçen Airport in Istanbul Pendik, 5-star hotel accommodations and a health center with high rental income are available for investment.
Pendik, Istanbul
29-430 m2
1-2
