6 New Conditions for Obtaining Turkish Citizenship through Real Estate Investment
New Conditions for Obtaining Turkish Citizenship, Beware to Ignore Them
Obtaining Turkish citizenship through real estate investment in Turkey has begun to take other turns, as the Turkish government recently issued conditions that would make a greater effort by the investor and take caution and caution against those brokers who continued to manipulate and falsify the facts and papers necessary to obtain Turkish citizenship, and they were the main motivator Behind these new decisions, which some considered unjustified or somewhat disturbing, while their aim was to protect the investor and then deter real estate fraud attempts and circumvent Turkish law.
What are the new conditions for obtaining Turkish citizenship through real estate investment?
The new decisions stipulated many items that should be understood in detail, and below we will explain them in detail...
First Condition:
If a foreign investor sells his property to a Turkish citizen and then this citizen sell it to another foreign investor, this does not make any problems for the last investor if he is interested in applying and obtain Turkish citizenship.
Except in one case, when the foreign property owner "previous to the Turkish owner" holds the same nationality as the "subsequent owner of the Turkish owner", in this case he will not be able to use it for the purpose of obtaining Turkish citizenship even though he has already acquired the property from a Turkish person.
It is worth noting that this condition applies to properties that were sold after the date of January 12, 2017, while if the property was owned before this date, it will not be subject to the terms of this condition and there will be no problem for the last investor even if he has the same nationality First foreign owner.
Example of the first item
Let's say that there is a Palestinian person, "Mohammed", who owns a property in Turkey, and he decided to sell it to a Turkish person on January 13, 2017. On August 18, 2021 another Palestinian citizen "Ibrahim" decided to buy this property from the current Turkish citizen, In this case, "Ibrahim" will not be able to buy this property with the aim of obtaining Turkish citizenship, but if Ibrahim held any nationality other than Muhammad's, or if Muhammad had bought the property before January 12, 2017, Ibrahim would have been able to use the property in order to obtain on nationality.
Second Condition:
When a foreign investor buys a property in Turkey from a Turkish construction company, there must be no founders or partners of the same nationality as the investor, and accordingly the buyer should check the structure of the company that owns the property before transferring ownership to him.
Example of the second condition:
Let's say that "Mohammed" Palestinian nationality has bought an apartment from "X" company in Turkey. In this company, there are two partners, "Ferhat (Turkish) and Ibrahim (Palestinian). In this case, Mohammed will not be able to use any property sold by "X" company. It is due to the presence of a person of the same nationality as a partner in this company, while this did not constitute any obstacle previously.
Third Condition:
One of the most important new conditions for obtaining Turkish citizenship was as follows: Each of the properties that were purchased for the purpose of acquiring citizenship will not be available again to submit another application, and while one of several shares was used for the purpose of acquiring citizenship, this share will be invalid for granting citizenship For another person while the remaining shares will not lose the feature of granting citizenship because it has not been used for this purpose before.
Example the third condition:
Muhammad is a Palestinian, who purchased a property to obtain Turkish citizenship and actually obtained it, and then resold the property after 3 years to a Turkish citizen, and then the Turkish citizen decided to sell the property to “Abdullah” (Algerian). In this case, Abdullah will not be able to acquire citizenship, Muhammad has already benefited from this feature, even though Abdullah is not Palestinian.
Fourth Condition:
If a foreign investor obtains Turkish citizenship in exchange for buying a property from a Turkish citizen and decides to resell it to the same Turkish person after the stipulated ban period of 3 years has passed, the citizenship office that granted him citizenship will have the right to inquire about this buying and selling process to determine if there is a pre-planned fraud, and if the accusation of fraud is proven against the foreign investor, his citizenship will be revoked retroactively.
Example of the fourth item:
Muhammad is a Yemeni person who purchased a property from “Farhat Turkish Nationality” and obtained Turkish citizenship, and after 3 years he re-sold the property to Farhat, who is the original owner of the property. In this case, the Citizenship Office has the right to investigate Muhammad because the resale process is under suspicion of fraud and manipulation According to the Turkish law, and if this is proven, the citizenship will be stripped from Muhammad and everything that resulted from it will be revoked with a retroactive effect.
Fifth Condition:
Turkish citizenship is canceled for any investor who obtained Turkish citizenship through future real estate contracts in projects that are still under construction and then transferred ownership to another investor if the stipulated ban period of “3 years” expires and the project is not delivered due to the delay in the expected delivery date.
Example of the fifth Condition:
An Egyptian citizen who purchased a property worth more than $250,000 in one of the Istanbul complexes that is still under construction, and based on the real estate contracts that were signed and the amount he paid, he applied for and obtained Turkish citizenship, and after 3 years the property was not delivered which he had bought due to a delay in the delivery date of the project.
If a believer takes advantage of this opportunity and transfers the ownership of the contracts he owns to another person (Muhammad of Palestinian nationality) in the hope that he will obtain Turkish citizenship for free and dispose of the property by selling it to Muhammad, the Citizenship Office that granted him Turkish citizenship will have the right to cancel it retroactively and to cancel
Sixth Condition:
A foreign investor interested in obtaining Turkish citizenship should declare that there is no document containing false information or any false documents in his file for citizenship application.
In the event that any of the previously mentioned in the file is discovered, it will result in him taking responsibility and he will be subject to legal accountability, and thus the Turkish citizenship will be stripped from him and all the consequences thereof will be cancelled.
In conclusion, there is no doubt that the new conditions for obtaining Turkish citizenship in exchange for real estate investment will be additional burdens on investors coming to Turkey, especially those who do not have experience in legal matters and do not speak the Turkish language of course.
But these conditions are not considered an obstacle for any investor who accompanies a reliable real estate advisor on his journey to own real estate in Turkey. It provides complete and frank reports on the real estate evaluation of any property of your choice
Therefore, do not hesitate to contact us if you are interested in acquiring 100% legal Turkish citizenship and in record time.
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.
