Foreigners who invest in real estate(s) that worth a minimum of USD 250,000 or equivalent thereof in foreign currency with an undertaking of not selling the purchased real estate(s) for three years are qualified to apply for Turkish Citizenship by Real Estate Investment Program.
Like many other countries, Turkey also offers citizenship for foreigners who invest in the country. Although there are a couple of ways to apply for Turkish Citizenship, the guideline presented here concentrates on the procedure of citizenship application through real estate(s) acquisition which is the most affordable one.
The Turkish Citizenship Law (No 5901) that is updated in September 2018, grants foreigners to apply for Turkish Citizenship following the acquisition of a Turkish property worth a minimum of USD 250,000. Note that, this criteria can also be met by purchasing several properties.
Find the property that you want to invest in Antalya or elsewhere in Turkey. The registry details of the property together must be checked with the seller or the seller’s representative at the Directorate of Land Registry. See our investment properties in Antalya appropriate for citizenship.
Once the property is found, an official valuation report is requested from a Capital Markets Board (CMB) licensed surveyor. Following, the Land Registry Directorate examine and checks whether the valuation report and the declared value of real estate(s) meet the criteria.
Before proceeding with the real estate acquisition, applicants will need to obtain a Tax Number, and open a Turkish bank account in order to document transactions.
Paying the cost of real estate(s) to the seller following the application to the Land Registry Directorate. Signatures are affixed and contracts are concluded in the presence of a notary public.
Once the sales procedure is completed, the “certificate of eligibility” will be issued for citizenship application. Afterwards, this document will be sent to General Directorate of Migration Management.
Indicating the foreign country of origin.
Official family documentation.
For real estate acquisition: One photograph of the seller and two photographs of the buyer (taken in the last 6 months, at a size of 6×4)
For citizenship application: Two biometric photographs of the applicant and each member of family.
Health insurance of the applicant; Earthquake insurance of the property.
Valid tourist visa is also acceptable.
It must be received from CMB licensed appraiser.
Bank receipt representing purchase of real estate(s) worth minimum of a USD 250,000; Titile Deed (or notarized copy) with annotation of “not selling or transferring the property for 3 years”.
If a power of attorney issued, the translation and the original or approved copy of the power of attorney.
No, the entire process of Turkish Citizenship Application can be accomplished without the physical presence of the applier using power of attorney.
No, the title deed of the real estate(s) must be registered under the name of a natural person.
Yes, the cash payment after deducting the mortgage amount will be taken into consideration.
Consult us before your first step into Turkish Citizenship