Turkish Citizenship by Investment Programme in Reals Estates

  • You can be a Turkish Citizen by purchasing a property in Turkey that is worth a minimum of $250,000.
  • The Spouse and children who are less than 18 years old will also be granted Turkish Citizenship.
  • Your Turkish Citizenship will remain throughout your life and your children will be born as Turkish Citizens.
  • You can keep multiple citizenships along with your Turkish Citizenship.

Minimum Investment $250,000

  • Getting a Tax Registration Number
  • Opening a Turkish Bank Account
  • Finding the Property
  • Buying the Property
  • Obtaining the Certificate of Conformity
  • Application For Turkish Residency
  • Application for Turkish Citizenship

Requirements for Real Estate Investment

  • Applicants are required to purchase a property in Turkey which is worth a minimum of $250,000. This can be fulfilled either by purchasing a single property or multiple properties, with provisions of regulations.
  • The value of the property will be determined by an official valuation survey done by the authorities that are announced by the Banking Supervision Board. The value of the property must be at least $250,000 in the valuation report.
  • The officially declared value of the property must be minimum of $250.000 at the time of the Notarized Sales Contract and/or of its ownership transfer at the Land Registry Office
  • In case the property is purchased with a mortgage loan or is subject to mortgage by any means, the mortgage value will be deducted from the value stated in the valuation survey and the remaining amount will be taken into consideration.
  • Applicants are required to keep the purchased property for at least 3 years.This commitment must be registered as an annotation on the Title Deed and/or on the Notarized Sales Contract.
  • The Property purchase price must be paid to the seller via bank transfer to be supported by bank receipts that prove the transaction is made from the buyer’s account to the seller’s account.
  • Any such property within this scope must not be registered under and foreign real person’s name including the applicant’s spouse or children; properties that have been transferred by the Applicant’s spouse or children after 12.01.2017 are not within the scope of the regulation.
  • The application will be sent to the Ministry of Internal Affairs, General Directorate of Population and Citizenship Affairs, Directorate of Foreigners Department, through the Ministry of Environments and Urbanization, Land Registry Office.

Facts about The Programme

  • Time Condition for all Investments is 3 years.
  • You can be a Turkish citizen with the condition that you can take back all investments along with legal revenues 3 years later.
  • You can sell your property once the required time expires and Turkish Citizenship is granted.
  • Applicant’s spouse and children who are less than 18 years old will also be granted Turkish Citizenship.
  • You don’t have to live in Turkey to participate in the Program.
  • Your Turkish Citizenship will remain throughout your life and your children will be born as Turkish Citizens.
  • You can keep multiple citizenships along with your Turkish Citizenship. / Source: Turkish Property

03/12/2019