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!
This 6-story hotel in Istanbul is located in a popular tourist area, excellent hospitality business investment in Turkey
Fatih, Istanbul
$ 486,198
146 m2 flat with Bosphorus view offers you picturesque views of Istanbul, located in a tower with facilities.
Şişli, Istanbul
146 m2
3
This 5+1 luxury home consists of a spacious garden, a private pool, and a detached deck with a roof.
Büyükçekmece, Istanbul
250 m2
6
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Commercial property located in the European side of Istanbul, in Bahcelievler, a guaranteed 16 000 TL monthly income for 3 years
Bahçelievler, Istanbul
140 m2
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$ 12,950,000
Welcome each day with magnificent views of the Marmara Sea at this unique waterfront mansion in Istanbul.
Üsküdar, Istanbul
600 m2
9
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This commercial real estate is located in Istanbul Avcilar, it generates a steady rental income thanks to its corporate tenant.
Avcılar, Istanbul
448 m2
Sold out
3 ATMs come with a 3-year rental guarantee and high rental income. This hassle-free investment is a convenient way of getting Turkish Citizenship.
Zeytinburnu, Istanbul
110 m2
Sold out
This 138 m2 shop in Istanbul Bagcilar is suitable for Turkish Citizenship.
Küçükçekmece, Istanbul
138 m2
Sold out
This 170 m2 shop is tenanted by Vodafone and guarantees a stable monthly income.
Avcılar, Istanbul
170 m2
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We're adding new properties continuously.
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We'd like to keep you posted.
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This 150 m2 commercial property in Avcilar Istanbul comes with a 5-year rental guarantee to make sure you continue enjoying rental income from your investment.
Avcılar, Istanbul
150 m2
$ 150,509
This 4+1 villa embodies modernized village life, offering a living experience enveloped by nature.
Şile, Istanbul
279-396 m2
5
This large gas station has 6 gasoline and 2 LPG stations with 48 pumps in total and is constructed on a total area of 2.600 m2.
Basakşehir, Istanbul
2600 m2
Sold out
This 280 m2 is located in a lively area in Istanbul, it comes with a 10-year rental contract, tenanted by Vodafone.
Esenyurt, Istanbul
280 m2
Sold out
Expertise report is ready for this commercial shop which means it is suitable for Turkish Citizenship. The property is tenanted by Vodafone.
Esenyurt, Istanbul
280 m2
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Sold out
This 150 m2 commercial property comes with a 10-year contract by the corporate tenant and the possibility for Turkish citizenship.
Avcılar, Istanbul
150 m2
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This price is valid for one week only!
Beylikdüzü, Istanbul
182 m2
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This 120 m2 spacious commercial property is suitable for Turkish CItizenship with good investment potential in Istanbul.
Küçükçekmece, Istanbul
120 m2
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Buying this property will make you eligible for Turkish Citizenship, Vodofone is the tenant with a 10-year rental contract.
Beylikdüzü, Istanbul
120 m2
Sold out
Plenty of benefits in store if you decide to opt for investing in this property!
Gaziosmanpaşa, Istanbul
Sold out
This shop is suitable for Turkish Citizenship, and it enjoys a strategic location in Kadikoy, Migros supermarket chain comes as the long-term tenant
Kadıköy, Istanbul
85 m2
Turkish citizenship guaranteed commercial shop promising high monthly rental income is now awaiting its new investors
Küçükçekmece, Istanbul
200 m2
Fourplex 7+2 house with Bahcesehir's gorgeous Golet Park view is now looking for new homeowners. The villa has a private garden, terraces, and a parking garage.
Basakşehir, Istanbul
500 m2
9
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We have a commercial property located in one of the high-traffic areas of Beylikduzu in Istanbul with corporate investment options and guaranteed Turkish Citizenship.
Beylikdüzü, Istanbul
95 m2
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Commercial property rented by Turkcell with 12.000 TL monthly income and is suitable for Turkish Citizenship
Küçükçekmece, Istanbul
100 m2
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$ 454,831
By buying this commercial property in Istanbul, you'll enjoy a monthly rental income of 60.000 TL as well as receiving Turkish Citizenship.
Kartal, Istanbul
1100 m2
$ 156,838
This spacious villa is located on the European side of Istanbul, it offers open sea views, plenty of living space, and a private swimming pool
Büyükçekmece, Istanbul
400 m2
7
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170 m2 commercial property in Istanbul Beylikduzu with a dentist as the tenant, suitable for Turkish Citizenship
Beylikdüzü, Istanbul
170 m2
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This commercial shop has a monthly rental guarantee of 10.000TL for 5 years. It is eligible for Turkish Citizenship
Küçükçekmece, Istanbul
130 m2
Sold out
This property is suitable for Turkish Citizenship and it has a rental guarantee for five years.
Küçükçekmece, Istanbul
150 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.
Famous authentic restaurant in Beylikduzu suitable for Turkish Citizenship for sale.
Beylikdüzü, Istanbul
150 m2
