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More than 10000 foreigners got the Turkish citizenship in 2021

More than 10000 foreigners got the Turkish citizenship in 2021

First: Foreigners and obtaining Turkish citizenship:


Turkey is considered one of the countries that allows foreigners to obtain their own citizenship of different nationalities and their original country of origin, with some exceptions that affect some of the countries that classify it and its nationals as prohibited from obtaining Turkish citizenship in any way, whether Through citizenship or investment and others, and from these nationalities we mention North Korea, Syria and a few other countries, but in general it can be said that Turkish citizenship is available for the vast majority of foreign nationalities, including Arabs, and many foreigners consider that the most important advantage that Contribute to encouraging and attracting more foreigners to try to obtain Turkish citizenship is that the laws of the Turkish government regarding foreigners obtaining Turkish citizenship allow them to obtain dual citizenship without imposing the condition of giving up their original citizenship or any other foreign citizenship they hold, unlike many Among the foreign countries that require those wishing to obtain their own nationality to give up any other foreign nationality.


Secondly: Investors who obtained Turkish citizenship by investing in 2021:


The Turkish government granted its own citizenship to nearly ten thousand foreigners only during the first six months of this year, i.e. 2021, and that this large number of foreigners have obtained Turkish citizenship by investment, that is, under the new legislation through which it has become It is allowed for foreign investors to obtain Turkish citizenship through investment by buying a property in Turkey, provided that the price of this property in Turkey used in submitting the application for Turkish citizenship has a value of no less than two hundred and fifty thousand US dollars or equivalent Its value is in Turkish lira according to the foreign exchange rate.
As the data of the General Directorate of Real Estate Registry shows that during both 2019 and 2020, when the requirement to buy property in Turkey with a value of two hundred and fifty thousand US dollars was imposed on foreign investors wishing to obtain Turkish citizenship through investment, it had already been obtained and granted to Seven thousand and five hundred foreign investors have fulfilled the full requirements of the method of obtaining Turkish citizenship through investment.
And by the current year, ie, 2021, the number of these foreign investors began to increase and clearly, as only during the first half of the year, more than ten thousand foreign people obtained Turkish citizenship.


Third: What are the most foreign nationalities that obtained Turkish citizenship during 2021:


Reports repared about foreigners who obtained Turkish citizenship during the year 2021 show that during the period that extends between January 1, two thousand and seventeen, and until June thirtieth of the year two thousand and twenty-one, there are more than seventeen thousand Nine hundred and sixty-eight foreigners from one hundred and twenty-two different countries have obtained Turkish citizenship through investment.
And this report mentioned that there are ten countries that come at the forefront of foreign nationalities whose citizens have obtained Turkish citizenship by buying property in Turkey. China, Palestine, Jordan, Lebanon, Egypt and Pakistan, respectively.

 

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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