How can I obtain Turkish citizenship?
In late 2018, the Turkish government approved decisions aimed at facilitating the mechanism for obtaining Turkish citizenship for foreign investors, through three methods:
First: Investing in government banks with a value of $ 500,000
Second: Establishing a company with a capital of one million dollars and employing 50 Turkish employees in it
Finally: owning one or more properties valued at $ 250,000.
Looking at the previous options, it is clear that real estate ownership is the least expensive among them, and even the fastest to acquire citizenship, which is what drives thousands of Arab investors to invest in real estate in Turkey.
There are three basic conditions that must be met in the property to be suitable for obtaining Turkish citizenship
First - That the property is subject to real estate evaluation by the evaluation companies approved by the Turkish government
Second - If the property is new, it must be sold by a Turkish construction company, and if it is resold, it must be sold by a Turkish citizen.
Third - Ensure that there is no real estate mortgage by the bank or the government on the property.