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Questions and Answers about Turkish Citizenship when Buying Real Estate

Recently, we have noticed an increase in the interest of investors and foreigners to establish their projects in Turkey, and many of them are looking to buy a property in Turkey, wanting to obtain Turkish citizenship, which is one of the most influential nationalities in the world due to its great importance in attracting investors. Foreigners and even Turkish citizens enjoy a decent and peaceful life thanks to what it provides them, and due to its many advantages, many questions arise about how to obtain Turkish citizenship, especially by investing in real estate, and who can get it, as well as other questions that we have collected to present you with their accurate answers in this article.

 

The most important questions about Turkish citizenship:

 

In the following paragraphs, we will look at all the details you are interested in about Turkish citizenship together.

1. Can I get Turkish citizenship?

Yes, a foreigner can get Turkish citizenship in several ways, the most important of which is getting it in Turkey.

 

2. What are the benefits of getting Turkish citizenship by buying real estate?

There are many benefits of Turkish citizenship and below we will show you the most important ones:
_ With it, you can get a Turkish passport, which allows you to travel to most countries in the world with simple procedures.
_ You can get dual citizenship, and therefore you will have the opportunity to enjoy the benefits of both citizenships at the same time.
_ It gives you the opportunity to enjoy Turkey’s natural beauty and its pleasant climate, as it is considered one of the few countries where you can enjoy four seasons, and not only that, but also many historical and cultural areas that you can easily reach.
_ It also provides the opportunity for free education from primary school to universities, with all educational materials provided free of charge.
_ You will also have an advanced health care system and high-quality medical facilities, and the Turkish Ministry of Health provides more detailed information about health plans.
_ Ease of establishing companies, and this feature simplifies the procedures for foreigners who want to establish a company in Turkey, saving them a lot of effort, fatigue and time.

 

3. When can you get Turkish citizenship by buying real estate?

_ If the financial value of the property is $400,000 or more, the buyer will receive a specific residence permit and can directly apply for Turkish citizenship, which is obtained within a period not exceeding three months and is granted to all family members under the age of 18, as well as the wife or husband.

 

4 . Does tourist residence grant Turkish citizenship?

No, this residence permit does not give you the opportunity to obtain this citizenship.

5 . Does a child born in Turkey receive Turkish citizenship?

A child born to foreign parents is not granted Turkish citizenship.

6. How is the price of the purchased property assessed for the purpose of applying for Turkish citizenship?

This is done by obtaining a property valuation report, provided that it is certified by appraisal institutions recognized by the Turkish government.

7 . How long is the acceptable time for preparing a property valuation report?

This assessment is made in a short period of time, which is maximum no more than a week, and sometimes it is made in just three days, and it should be noted that it is valid for three months.

8. Can I buy a property in installments to apply for Turkish citizenship?

_ The amount paid will be calculated only based on the value of the property, which means that unpaid installments will not be calculated, so the value of the paid installments must be more than two hundred and fifty thousand dollars to be able to apply for Turkish citizenship.

 

9. Can a foreigner sell a property immediately after obtaining Turkish citizenship?

_ He cannot do this because the property must be kept for at least three years from the date of purchase, and you must also write an undertaking not to sell the property earlier than three years from the date of purchase, and this undertaking is recorded in the title deed.

 

10. Is it possible to buy more than one property to apply for Turkish citizenship?

_ Yes, more than one property can be purchased, but the documents for all the properties must be submitted together and the total financial value must be more than two hundred and fifty thousand dollars on the date of application.

 

11. If a foreigner obtains Turkish citizenship by purchasing a property, can his wife and children also obtain Turkish citizenship?

_ Yes, his wife and children under the age of 18 can obtain Turkish citizenship by applying in the same case to the owner of the property.

12. Can a foreigner buy any residential or commercial property in order to apply for Turkish citizenship?

_ Yes, you can buy whatever you want in villas, shops or apartments in Turkey, but as we mentioned above, it is necessary that the financial value of the property exceeds two hundred and fifty thousand dollars.

 

13 – How long does it take to obtain Turkish citizenship by purchasing a property?

_ It takes approximately forty-five days from the start of the transaction, i.e. from the time the necessary documents are submitted in full to the Turkish government until they are signed by the President of the Republic, who is authorized to approve the granting of Turkish citizenship.

14 – How is the dollar exchange rate calculated when paying for real estate?

_ The dollar price will be calculated according to the official price on the date of purchase, as per the price bulletin of the Central Bank of Turkey.

15. Can a foreigner pay the price of the property in cash?!

_ Unfortunately, this is not possible, all financial payments that the buyer transfers to the seller must be made through one of the reliable Turkish banks.

16 – How is the full payment of the property price verified?

_ You will be asked to provide transfer receipts confirming the bank transfers between the buyer and the seller from the receiving bank as well as from the sending bank.

17. Can a foreigner buy a property from one of his non-Turkish friends or relatives and apply for Turkish citizenship?

_ He cannot do this, as the foreigner must buy the property from a Turkish person or from a Turkish construction company.

 

18. If all the conditions are met, is it mandatory to obtain Turkish citizenship?

_ The Turkish government examines the dossier of each investor to determine whether he or she poses a threat to the Ministry of Security of the Turkish state. Accordingly, Turkish citizenship is obtained after the approval of the President of the Republic.

19. Can a Syrian citizen obtain Turkish citizenship?

_ Syrians cannot obtain Turkish citizenship by purchasing real estate in Turkey, but they can obtain Turkish citizenship in some other ways.

Thus, we have answered many questions that must have crossed your mind..with our hope that they have helped you.

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