Turkish Citizenship Programme by Real Estate Investment in Turkey

The Turkish citizenship program offers the option of obtaining Turkish citizenship through real estate investment. By investing at least $400,000 in Turkish real estate, foreigners can qualify for Turkish citizenship.

 

Investment threshold, the minimum investment amount for real estate to qualify for Turkish citizenship is $400,000. This investment can be made in residential or commercial real estate. The important thing here is that he will come to Istanbul Turkey to obtain Turkish citizenship and choose the house he wants to buy here. The Ministry of Environment and Urbanization must approve that the purchased property is suitable for Turkish citizenship applications. It is important to ensure that the property meets all legal requirements and is eligible for citizenship. The valuation of the real estate should be done by an official valuation company registered with the Capital Markets Board. The valuation report will determine the value of the property and must reflect a minimum value of $400,000. The property purchase must result in the transfer of the title (Deed) to the name of the investor or the company he represents. It should be noted that when a property worth $400,000 is purchased, only one person can fault the deed. In previous years, for example, $ 800,000 worth of property could be purchased and the title deed could be made in the name of two different people.

 

 

 

 

But as of 2023, this rule has changed. Now, when you own a property by investment in Turkey, the title deed of the apartment can be allocated to only one person. He/She must hold the ownership of the property for at least three years from the date of deed transfer. After this period, the property can be sold if desired. Or you can rent your property and get high rental income. After the property is purchased and the title deed is obtained, the investor can apply for Turkish citizenship. The application is submitted to the General Directorate of Land Registry and Cadastre together with the necessary documents, including the proof of the purchase of the immovable and the valuation report. The Turkish government reviews the citizenship application and has the authority to accept or reject it. The decision usually takes a few months and if approved, the investor and eligible family members can obtain Turkish citizenship in Istanbul Turkey.

 

If you want to get Turkish citizenship programme by real estate investment in Istanbul Turkey, contact us.

 

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