Obtaining Turkish citizenship has become one of the most important interests of Arab and foreign investors, and those interested in buying real estate in Turkey, especially after the Turkish government reduced the conditions for obtaining Turkish citizenship through real estate investment in Turkey, as the conditions became easy for investors, instead of buying a property for a million dollars, in 2013 A decision was issued to amend the value of real estate investment required to apply for Turkish citizenship to 250 thousand US dollars, then this price was updated at the beginning of last year to 400 thousand US dollars as a minimum, and this was one of the reasons for attracting Arab and foreign investors to invest their money in the real estate sector Turkish.
How to obtain Turkish citizenship through real estate investment in Turkey?
The demand by Arab and foreign investors has increased to know the procedures, conditions, steps and papers required that help you obtain Turkish citizenship through real estate investment.
Conditions for obtaining Turkish citizenship through real estate investment in Turkey:
There are specific conditions for obtaining Turkish citizenship through real estate investment in Turkey, which are as follows:
- The price of the property starts from $400,000 or more, meaning the value of the purchased property must not be less than $400,000.
- The investor must submit a real estate appraisal report with an amount that shows the property.
- Therefore, foreign and Arab investors must obtain a real estate appraisal report from a company specialized in real estate appraisal, provided that it is approved by the Turkish government.
- Obtaining the title deed paper, after registering the property in Turkey on a regular basis in the government title deed.
The property buyer must pay the value of the property via a regular bank transfer in Turkey.
Papers and documents required from investors, in order to obtain Turkish citizenship through real estate investment:
There are many papers and documents required from investors in order to obtain Turkish citizenship through real estate investment in Turkey, as follows:
- A copy of the tapu extracted from the government tapu department, which is the deed of legally registering property ownership in Turkey.
- Title deed.
- Receipt of full payment of $400,000 or more.
- Tax Number.
- The passport of the real estate buyer in Turkey and its translation into Turkish, and the translation of all passports of family members, as the passport of the wife and children under the age of 18, i.e. those under the guardianship of the property owner, must be translated.
- Notarization of the family’s translated passports through the notary.
- A copy of the marriage contract.
- Birth certificate for all family members, i.e. a document proving the place and date of birth for all family members.
- Providing a document of good conduct and free of judgments, meaning that there is no judgment on the owner of the property and his wife, to be issued from Turkey.
- Family statement document or family book.
- A recent personal photo of all family members.
- Authentication of all papers and documents from the Turkish Ministry of Foreign Affairs.
The period during which Turkish citizenship is obtained through real estate investment:
The process of obtaining Turkish citizenship through real estate investment or buying a property in Turkey is a very fast transaction compared to other European countries, and it does not take much time and is as follows:
- The period of obtaining Turkish citizenship takes from 3 to 6 months, from the date of application, provided that all the requirements and conditions for obtaining Turkish citizenship are met, in exchange for real estate ownership of all kinds.
What are the advantages of obtaining Turkish citizenship?
There are many advantages of obtaining Turkish citizenship through real estate investment, most notably:
- Obtaining a Turkish passport after taking Turkish citizenship, and this feature is one of the most prominent advantages of Turkish citizenship, as the Turkish passport is characterized by many advantages as well, and it ranks 45th in the world, according to the scale of the passportindex website that specializes in evaluating passports globally?
The Turkish passport gives its holder the opportunity to travel and move to about 80 countries around the world, without the need for a visa, and among those countries that can be traveled to through the advantages of the Turkish passport without the need for a visa are Japan, South Korea, Indonesia, Qatar, and others.
The Turkish passport also grants travel to about 42 other countries, with a visa issued to the Turkish citizen upon his arrival, and among the countries that issue a Turkish citizen a visa upon arrival are Kuwait, Bahrain and South Africa.
And also obtaining an entry visa for 7 countries directly via the Internet, from these countries that Turkish nationals can obtain a visa to via the Internet, Australia and the Sultanate of Oman.
- The holder of Turkish citizenship obtains the full rights of the Turkish citizen: whether his civil rights, his rights at work, his rights to parliamentary and presidential elections, his right to education, his right to treatment and all the rights of a Turkish citizen, which the Turkish government provides to his citizens.
- The holder of Turkish citizenship will get rid of residency procedures in Turkey, where the suffering of residency renewal ends, and the investor who obtained Turkish citizenship becomes the same as the citizen.
- Turkey’s relationship with the European Union, and Turkey’s search for joining the European Union, this will contribute to improving the living conditions of the Turks, and thus the situation of those who obtain Turkish citizenship will also improve, in addition to many things that the European Union provides to Turks and naturalized people, the most important of which is facilitating movement and travel to the countries of the Union.
- Turkish citizenship is characterized by the ease of owning real estate after obtaining Turkish citizenship, thus eliminating the complex procedures imposed on the foreign owner.
- Turkish citizenship provides its holder with health insurance service, which guarantees you and your family free treatment in government hospitals, and access to discounts in private hospitals.
- Turkey is considered one of the most powerful countries around the world economically and politically, and thus has a high standard of living.
- Turks and those who hold Turkish citizenship are offered a retirement pension after reaching the retirement age.
- Work freely in any job without the need for a work permit.
Advantages of real estate investment in Turkey:
You have to be fully convinced that ownership in the real estate sector in Turkey is one of the strong forms of investment in Turkey, so many Arabs and foreigners prefer the real estate sector to invest their capital in it, and the real estate sector is the most ideal real estate, with high and guaranteed profit, and one of the most prominent The advantages of investing in the real estate sector are as follows:
- Safety and real estate stability: Investing in the real estate sector is one of the best and safest investment sectors in Turkey, through many government measures that it imposed and provided safety for investors, and provided them with many investments, and according to the need, the population density increases day by day, and thus the demand for real estate increases. Whether to live in or open a business, the real estate sector is growing exponentially and continuously.
- The real estate sector is very profitable: Turkey is one of the best countries around the world in terms of investment in the real estate sector, and the best in achieving sales and profits, due to many factors and facilities, the most prominent of which is obtaining Turkish citizenship through real estate investment.
- Avoiding the problems of inflation: You may suffer from a problem in other investments that leads to huge losses, but in real estate investment you save a lot, as you can sell the entire property and benefit from its price if it is not rented for a long period.
