Turkey has always been an attraction center with its culture, history and economic opportunities. With the recent legislative regulations, it is much easier and cheaper to qualify for Turkish citizenship. Formerly, in order to obtain a Turkish citizenship, applicants had to buy property costing at least $1,000,000. With the new regulations imposed by the Turkish government, it is possible to qualify for citizenship via investing $250,000. Also, the bureaucratic process regarding the application is more practical since now the notarized sales agreement, which substituted for deed transfer document, is enough for the procedure.
With the trustworthy consultancy of istanbulrealestate.com, you can obtain your Turkish citizenship without any bureaucratic toil.
To start the application process, you must apply 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.
In case you purchased the property with a mortgage loan or the property is a subject to a mortgage by any means, the mortgage esteem will be reduced from the value stated in the valuation process and the remaining amount will be considered. You must purchase the property via bank transfer in order to have the receipts that prove the transaction officially. You may choose to purchase more than one property that costs at least $250,000 in total.
There are several ways for obtaining Turkish citizenship by investment. But buying a real estate is the least costly and most practical way to qualify for it. Here are the other, less advantageous options for obtaining Turkish citizenship by investment and their requirements:
When you meet the prerequisites mentioned above, you will be eligible for applying for Turkish citizenship. Here are the steps to be followed during the application process:
You can get your tax registration number from any tax office in Turkey. You will need your photos and original passport during this application.
An order to document the transaction process, you must have a bank account in a Turkish bank. To obtain a Turkish bank account, you must bring your tax registration number, original passport and an official document that shows your current address.
The property must be completed or nearly completed, with habitation license granted. The real estate should also be suitable for official valuation survey.
The documents proving the ownership of the real estate is crucial for the bureaucratic process. With the recent regulations, now it is possible to resume the process with the notarized sales agreement instead of the deed itself.
Once you buy your property, you cannot sell it for the next three years. You will be able to sell the property after three years of Turkish citizenship.
You can be a Turkish citizen with the condition that you can reclaim all speculations alongside lawful incomes three years after receiving your citizenship.
To live in Turkey is not mandatory in order to participate in this programme. You can also have your current citizenship along with your Turkish one.
You and your family (your spouse and children younger than 18) will also become Turkish citizens and have advantages of Turkish citizenship. Your children who will be born in Turkey will be considered as Turkish citizen with Turkish ID.
istanbulrealestate.com provides services to help you with all of the bureaucratic processes of acquiring citizenship and moving to Turkey, along with the quality help regarding finding real estate to successfully invest in. istanbulrealestate.com also covers the attorney expenses for the customers who have purchased real estate recently.
In order to apply for Turkish citizenship by purchasing real estate, you must bring with you the originals and notarized Turkish translations of the documents listed below: