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FAQ about obtaining Turkish citizenship by buying property 2021-2022

FAQ about obtaining Turkish citizenship by buying property 2021-2022

First: Is it necessary to buy one property with a value of up to 250 thousand US dollars in order to obtain Turkish citizenship through investment, or it is possible to buy several properties with this amount?


What is important in this law is that the value of the amount that the foreign investor uses to obtain Turkish citizenship by investment is at least two hundred and fifty thousand US dollars, whether by buying property in Turkey or several properties.


Secondly: Is it possible to obtain Turkish citizenship by investing through previously owned properties, or is this required only through new properties?


The law on obtaining Turkish citizenship through investment is applied to new purchase contracts and is not applied to previously owned real estate with a retroactive effect, but if the foreign investor desires to obtain citizenship, it is not possible to grant it except with the owner obtaining a long-term visa and Residence for five years in Turkey without interruption.


Third: Is it possible to obtain Turkish citizenship by investing through real estate owned by a group of partners?


The law of obtaining Turkish citizenship through investment cannot be applied to Turkish real estate that is owned in the case of a partnership, as citizenship can only be granted to the owner of the property if he is the only owner of this property in Turkey.


Fourthly: Is Turkish citizenship granted immediately after completing the purchase of a property in Turkey?


A foreign investor who has purchased a property in Turkey can apply for Turkish citizenship immediately after the completion of the purchase process and the transfer of ownership of the property in Turkey. Before submitting the application, the procedures for obtaining ownership usually take between three and six months.


fifth: If the father obtains citizenship, will all children be able to obtain Turkish citizenship as well?


Yes, the fact that the father or the breadwinner of the family obtains Turkish citizenship by buying a property in Turkey means that the children of the family obtain it as well, but only those who are under the age of eighteen.


Sixthly: Does registering the property in Turkey in the name of the children mean the possibility of granting Turkish citizenship to the mother and father as well?


The registration of the property in the name of the children does not allow the granting of Turkish citizenship to the mother or the father, even if the son obtains it, but only the wife and children who are not over the age of eighteen are entitled to apply for Turkish citizenship.

 

Seventh: Is it necessary to wait up to three years in order to obtain Turkish citizenship by investment?


No, it is not necessary to wait until the end of the three-year period. Once you have obtained a residence permit and the property you have purchased fulfills all the conditions stipulated in the law on obtaining Turkish citizenship through investment, you can start the procedures for obtaining citizenship even before the passage of this period


eighth: Are there foreign nationals who are not allowed by law to obtain Turkish citizenship?


Yes, and despite the leniency and softness of the Turkish law regarding foreigners obtaining Turkish citizenship, there are some foreign nationalities that are prohibited from obtaining Turkish citizenship, and they are Armenia, Syria, North Korea, Nigeria, Cuba, as well as Yemen.

 

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.

 

Editing by Ramzy Real Estate Team ©

 

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