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The number of people who obtained Turkish citizenship through real estate investment

The number of people who obtained Turkish citizenship through real estate investment

The General Directorate of Turkish Population and Nationality Affairs revealed the number of Turkish citizenship holders, after the amendments to the Law on Granting Citizenship to Investors, which was published in the Official Gazette on September 19, 2018. 
And 977 foreign investors obtained Turkish citizenship, after amendments to the law on granting citizenship to investors. 



Foreigners who obtained Turkish citizenship 
 

Below we review for you foreigners who obtained Turkish citizenship 
In order from more to less: 
1 - The Iranians ranked first in obtaining citizenship, with 253 citizens 
2 - Iraqi citizens came in second place, with 143 naturalized citizens 
3 - As for the third place, Yemeni citizens are 97 naturalized 
4 - And the fourth place went to Afghans, by 94 Afghani naturalized 
5 - Syrians followed them in fifth place with 59 naturalized persons 
6 - Palestinian investors ranked sixth with 58 persons 
7 - Then the Jordanian citizens, by 57 naturalized citizens 
8 - As for the Egyptian citizens, they ranked eighth, and their number was 45 
In total, the number of those who applied to obtain Turkish citizenship through real estate acquisition was about 2,700 foreign investors 
The volume of their investments has been estimated at one billion dollars 
Under the recent amendments to the Nationality Law, Turkish citizenship is granted to foreigners through three basic investment methods, which are: 


1 - Whoever buys a property worth $ 250,000, provided that he does not sell it for 3 years 
2 - Depositing an amount of 500 thousand US dollars in a Turkish bank 
3 - Or a fixed amount investment of $ 500,000. 
 


What is the best way to obtain Turkish citizenship ?? 
 

Consultants and researchers in Turkish citizenship affairs saw that the best way to obtain citizenship is through real estate investment of $ 250,000 
As it is less expensive than other methods and of great benefit, while you are able to benefit from your purchased property by renting it. 
Over a period of three years, which is the period during which it is conditional not to sell it, while it is possible to start the procedures related to Turkish citizenship as soon as the title deed is obtained (Tabu
And the process takes from 45 to 60 days maximum. 

It is worth noting that it must be taken into account that if you want to obtain Turkish citizenship through real estate investment, you must pay attention to the property that you intend to buy 
As there are certain conditions that must be met within the property to be purchased in order for the citizenship acquisition to be completed. 
Ramzy Real Estate offers you the best offer of the best, to obtain Turkish citizenship: 
You can also view our residential projects, which are 100% conform to the conditions for obtaining Turkish citizenship.

 

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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