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!
Sold out
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
Famous authentic restaurant in Beylikduzu suitable for Turkish Citizenship for sale.
Beylikdüzü, Istanbul
150 m2
This commercial property is up for sale by Yavuz Sultan Selim Boulevard in Beylikduzu with a 5 yr lease and citizenship guaranteed.
Beylikdüzü, Istanbul
430 m2
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Four different kiosks in a shopping center in Eyup, with corporate tenants and suitable for Turkish Citizenship
Eyüp, Istanbul
3 m2
Luxurious 2+1 apartment in Ottomare Suites with amazing views and spacious living space
Zeytinburnu, Istanbul
160 m2
3
Commercial properties with rental income for in Istanbul.
Beylikdüzü, Istanbul
320 m2
This commercial property is rented by a big online brand called Trendyol and is suitable for Turkish citizenship.
Beylikdüzü, Istanbul
1130 m2
Triplex house with five bedrooms suitable for citizenship is for sale in Buyukcekmece, Istanbul
Büyükçekmece, Istanbul
300 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.
$ 92,535
These modern offices with investment potential are situated in Pendik, Istanbul.
Pendik, Istanbul
160-640 m2
Rental guarantee shop for sale in one of the most popular districts in Istanbul, Eyup.
Eyüp, Istanbul
506 m2
Commercial shop with 10 years rental contract for sale in Esenyurt, Istanbul
Esenyurt, Istanbul
430 m2
These commercial properties are located in a shopping mall in Istanbul Bahcelievler
Bahçelievler, Istanbul
78-135 m2
Sold out
Commercial property in Beylikduzu suitable for citizenship
Beylikdüzü, Istanbul
400 m2
1
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Apartments with amazing sea-views and high-end finishings with a smart home technology in Karsiyaka Izmir
Izmir
174 m2
4-5
A spacious renovated villa in Istanbul, within short distance to the sea.
Silivri, Istanbul
260 m2
6
Sold out
This hotel offers excellent return on investment due to its unique location in the heart of Taksim.
Beyoğlu, Istanbul
65
Commercial shops with different sizes available for sale in Beylikduzu. These properties are suitable for citizenship.
Beylikdüzü, Istanbul
207 m2
2-4
$ 293,630
This project makes it possible to stay in your own apartment in Istanbul while using exclusive hotel facilities. The high-end interior design of the apartments will make your stay special.
Tuzla, Istanbul
130-587 m2
2-5
$ 824,969
One of the most beautiful luxury villa projects in Istanbul with unique designs, breathtaking scenery, and excellent privacy.
Büyükçekmece, Istanbul
226-463 m2
5
These exclusive sea view villas are suitable for citizenship and offer a variety of facilities on a unique location
Büyükçekmece, Istanbul
353 m2
5
Buying this commercial store in Istanbul guarantees a rental income and it also provides the possibility to apply for Turkish citizenship.
Beylikdüzü, Istanbul
100 m2
3
This investment property offers 5 years of rental guarantee, it's suitable for the Turkish Citizenship application as well.
Beylikdüzü, Istanbul
95-240 m2
Two investment properties for sales in a shopping center in Beylikduzu, they're suitable for a Turkish Citizenship application and come with a rental guarantee
Beylikdüzü, Istanbul
90-135 m2
2
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Ozdilek store is located in Perlavista AVM, which is centrally located in Beylikdüzü
Beylikdüzü, Istanbul
85 m2
Buy to let investment property for sale in Istanbul with 5 years rental guarantee
Beylikdüzü, Istanbul
65 m2
Investment real estate in Istanbul with rental guarantee, suitable for citizenship as well.
Bağcılar, Istanbul
76 m2
2
Authentic apartment for sale in a historically rich neighborhood in Istanbul center offering nice views of the Bosphorus
Üsküdar, Istanbul
145 m2
4
Apartments with a smart home system in Atakoy for sale.
Bakırköy, Istanbul
66-112 m2
2-8
Don't miss out!
We're adding new properties continuously.
We'd like to keep you posted.
We'd like to keep you posted.
$ 437,867
Ready to move one-bedroom apartments with different layouts in Istanbul Maslak
Sarıyer, Istanbul
70-116 m2
2
