Here you can read and find out everything you need to know about how to get Turkish citizenship by real estate investment, costs, tips, advice. There are several options to get Turkish residency and citizenship for foreign nationals and get a Turkish passport. Buying a property and real estate investment is one of the most popular ones with the foreign investors who purchase real estate and property in Turkey at least a total value of $400,000.
Other ways to get a Turkish citizenship includes fast citizenship by purchasing a property in Turkey that worth at least $1,000,000, or investing to capital stock of a Turkish enterprise by opening a deposit in a Turkish based bank at least $500,000 which will be held there for 3 year, or purchase government bonds and held there for 3 years, and citizenship by Turkish marriage.
Turkish Citizenship Program by Investment
Turkish citizenship by investment program covers the foreign investors through their property investments from $400,000. You can get your Turkish citizenship and passport within 2 months.
How it Works?
You should find a property to buy in Turkey. You should find the right property and we recommend you to take help from real estate agents to find the most beneficial one for you.
Upon your property purchase, you can apply for your Turkish citizenship via the the General Directorate of Land Registry and Cadaster for the title deed application. This will be one of the fastest ways.
Your application form than is sent to the Turkish Ministry of Environment and Urbanization for approval.
If you meet the criteria, which means your purchase is over $400,000 value, than your application is sent to the Turkish General Directorate of Population and Citizenship Affairs for final approval.
Than you’ll get an invitation for finalizing the process with your signatures.
And after about 2-4 months period, you’ll get your Turkish citizenship and also your wife or husband, and children under the age of 18.
Also note that after you get your Turkish citizenship, it will remain for your entire life and your children will be born as Turkish citizen as well. You can also keep your multiple citizenships along with your Turkish one.
You should keep in your mind that you’ll not be able to sell the property you purchase for 3 years. You can sell your property after this period.
You should also know that, which is good, you don not have to live in Turkey before or after you purchase property in Turkey.
Documents Needed for Turkish Citizenship by Investment Application?
- Original of the Passport
- Birth Certificate
- Certificate of residence
- 4 Biometric photos of each member of your family (should be passport sized and taken in the last 1 month)
- Residence permit or valid Touristic Visa on passport
- Certificate of good medical health
- If married, marriage certificate
- If divorced, divorce certificate
- If applicant is widowed, spouse’s death certificate
- Health insurance
- Power of attorney
- If having children, documents of birth certificates of children
- If having any Turkish relatives, documents such as Turkish ID copy, home address of the applicant’s relatives in Turkey
- Statement of income
- Bank receipt that proves the property payment of minimum $250,000
Professional help when buying a property
One final tip is that, for getting into the process, or taking private consultation with all the further information about Turkish citizenship by investment, we highly recommend you find a real estate agent. You can find the best property in Turkey and finalize your Turkish citizenship application very fast and reliable way.
Also if this will be your first time real estate visit or decision to Istanbul, or you wish to buy a property from abroad/overseas, we recommend you to find a trusted realtor to help you find your ideal property in Istanbul and speak your own language.
Top Places for Real Estate Investment in Turkey
If you are looking for property for sale in Istanbul, than options are endless. Whether you are looking for a main residence, great houses, a secondary one, apartments, flats, holiday homes, or merely a rental investment, Istanbul is one of the perfect cities in the world to invest in.
The city is an excellent combination of two continents linking Asia with Europe. The city is the largest one in Turkey, as well as the biggest financial and cultural center. This huge metropolitan city is home to 15 million residents and also one of the top 20 most visited cities in the world.
Bodrum & Mugla
The Bodrum peninsula and Mugla region are a top choice for those who are looking for real estate investment on the west and south western coasts of Turkey. You can find variety of great houses, apartments, holiday homes and luxury villas for sale. The rental income as most of the properties in this area offer 12 months rental potential.
The Bodrum city center, Bitez, Ortakent, Akyarlar, Turgutreis, Gumusluk, Yalikavak, Gundogan, and Turkbuku has the most luxury holiday villas, homes, apartments and land on the Bodrum peninula, as well as the most valuable ones.
Being the the largest city on Mediterranean coast of Turkey and one of the most visited cities and holiday resorts in the world, Antalya would definitely be the perfect choice for those looking for great property options on the southern coats of Turkey. The apartment, summer home, villa, land or commercial portfolio in Antalya are endless.
Buying a property in Antalya is also an ideal investment as the region offer very reasonable prices for foreign investors. You should know that the average prices of the houses, holiday villas, homes and apartments have raised about more than a hundred percent since the last decade.