Buying real estate to obtain Turkish citizenship

Created: 2021-11-17
Last Updated: 2024-04-27
Views: 4871

Content Index

What are the conditions for obtaining Turkish citizenship by buying real estate in Turkey?
Why Turkish citizenship by buying real estate?
The advantages of obtaining Turkish citizenship?
The most important conditions for obtaining Turkish citizenship:
The most prominent foreign nationalities that chose to obtain Turkish citizenship in 2021:

As is common, the means of obtaining Turkish citizenship were numerous until it drew attention to it without other nationalities around the world, from investment to bank deposit to residence in Turkey and other other methods, but there remains a method that is the most common among the public wishing to obtain citizenship Turkish, which is real estate ownership, but why this method and not others? And what motivates many to choose it?
Through the following article, we will provide all the details related to obtaining Turkish citizenship through real estate ownership, stay with us.

What are the conditions for obtaining Turkish citizenship by buying real estate in Turkey?

The property in Turkey is classified as the shortest path to obtaining Turkish citizenship, as it only requires a minimum price of two hundred and fifty thousand US dollars, in addition to a pledge not to sell it before three years have passed since the date of its purchase.
The property must also be located outside the security or military zones in which the foreigner is prohibited from owning, as stipulated in the Turkish Constitution.
Also, the foreigner must not hold one of the nationalities that prevents them from buying real estate in Turkey.

Why Turkish citizenship by buying real estate?

- Real estate prices in Turkey are characterized as being suitable and appropriate for different budgets, in contrast to other countries of the world, especially the European Union and some Arab countries, and real estate in Turkey is known as being designed according to international standards and in which the highest standards of quality and safety are applied (heat and sound insulation, which is Also resistant to earthquakes and natural disasters).
- Turkey enjoys a unique geographical location as it is in the middle of the world's continents, in addition to having oversight over the most important seas in the world. One of the characteristics of Turkey's geographical location is that it extends within two of the world's continents, which gave it the characteristics of both.
- The booming economic situation was one of the biggest motives that motivated many to choose Turkish citizenship, as it is only an indication of the stable and secure life that he will have, in addition to being an indication of the remarkable development that pervades the country.
- The Turkish government has provided many facilities for foreigners wishing to buy a property in Turkey, the most prominent of which is that it removed the biggest concern that bothers them, which is the real estate taxes that it reduced and in many cases exempted them from this, as it made owning real estate very easy and can be through procedures many.
- It is possible to invest the property and get a rewarding financial return, which will be especially high in the tourist seasons, where the large tourist influx that Turkey witnesses every year, which reaches many millions, in the current year 2021 AD, the number reached nearly 18 million.

The advantages of obtaining Turkish citizenship?

- Turkish citizenship is characterized by the fact that it entitles its holder to enter many countries of the world with mitigating procedures, as there are 72 countries around the world that allowed its holder to cross to it without a visa, and 42 countries granted them a visa at the moment of their arrival at its airport. In addition, there are eight countries in the world who have submitted their citizenship to him via the Internet.
- A holder of Turkish citizenship can enjoy all the rights enjoyed by a Turkish citizen, but what are those rights?
- He will be able to vote in the elections and nominate for prestigious job positions, he will have the opportunity to benefit from the retirement program, and he can benefit from all the services that Turkey provides to its citizens such as health and education services.
- A foreigner who obtains Turkish citizenship retains his original nationality and Turkish law does not require him to renounce it.

The most important conditions for obtaining Turkish citizenship:

- The foreigner should be of full enjoyment of mental faculties, and he should be over the age of eighteen.
- It is important for him to have a wide knowledge of the Turkish language, in addition to the importance of having a stable and sufficient income for himself and his family.
-The foreigner will undergo a medical examination to ensure that he does not carry any communicable disease in order to maintain public safety.
-He will got checked to ensure that he doesn't have criminal record .

The most prominent foreign nationalities that chose to obtain Turkish citizenship in 2021:

Iranian nationals topped the list and ranked first, with a slight difference from Iraqi nationals who took second place, while the Russians and then the Germans came in third place.
Turkish citizenship is a goal and a goal that leads its holder towards a better future only through a few steps in order to obtain it.

On May 13, 2022, the Turkish government issued a decision to raise the amount of obtaining Turkish citizenship through the purchase of real estate to a value of 400,000 dollars instead of 250,000 dollars. The decision has been implemented starting in 12th June 2022.

The investor has the right to buy a real estate or several properties with the new amount of $400,000 in order to obtain citizenship, provided that the investor must keep the property for 3 years and he mustn’t sell the property he purchased for the purpose of citizenship before 3 years from the date of purchasing. For more information about the Turkish citizenship law and its conditions, click here.

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

#apartments #istanbul #turkish_citizinship

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