TURKISH CITIZENSHIP WITH 250,000$ REAL ESTATE INVESTMENT

Those foreign nationals who make real estate investments of 250,000$ value may without waiting become the citizen of Turkey.

 

In order to do that, it will be enough to guarantee that the real estate that will be purchased will not be sold for a period of at least three years. The partner and children of the foreign investor may also benefit from the right of citizenship.

 

From obtaining residence permit in Turkey to obtaining of work permit, from establishment of foreign direct investment company to citizenship transactions, Arizon Yapi offers wide range of services for the foreign investors.

It is important that you get support of specialists for obtaining Turkish Citizenship via making real estate investment.

For obtaining citizenship in Turkey by making real estate investment, starting from the deed transfer step, all transactions in the government institutions including the valuation of the real estate that will be purchased, obtaining of residence permit, making of application for citizenship and following that, until obtaining of citizenship should be followed up rigorously and they should be in compliance with laws and regulations.

Citizenship to the home purchase.

Requirements of Turkish Citizenship

How would the citizenship of Turkey be obtained?

Soru: Q: How does the Turkish citizenship application process work?
A: After purchasing real estates of value at least 250,000 USD, with the application that will be submitted to Directorate General of Land Registry and Cadaster, your request for becoming a citizen of Turkey will be put in process. Directorate General of Land Registry and Cadaster will control whether the real estates purchased have a value of at least 250,000 USD. Within a period of 3 to 7 days, Directorate of Land Registry will provide the approval for the citizenship. Unless your application is approved, without making an appointment, for the residence permit, we apply to the Bureau of Citizenship and Immigration Services. After the approval of the Bureau of Citizenship and Immigration Services, again within the same day, together with the approval paper and residence permit, please apply to General Directorate of Civil Registration and Nationality. All this process after the deed application will be followed up from the Citizen Information Offices which are located in Istanbul and Ankara. Your application will be concluded within a period of 46 to 60 days.

QUESTION – ANSWER

Q: Can my family members become citizens of Turkey as well?

A: Yes. You, your spouse and all of your children of age under 18 may become citizens of Turkey.

Q: How should I calculated the USD and TL exchange rates?

A: Using the effective sales rate of Central Bank of Republic of Turkey, Directorate General of Land Registry and Cadaster will calculate the value of the immovable in terms of USD as of the date of the transaction.

Q: May I obtain Turkish citizenship by obtaining a commercial real estate with rent guarantee?

A: You may purchase any real estate you wish with total value higher than 250,000 USD.

Q: How long would the citizenship transactions take?

A: In the applications for citizenship, in the event that the requested documents are complete, within a period of 45 to 60 days, the transaction will be completed. With the purpose of reducing this time period, the government has established dedicated offices.

Q: When I fulfill all of the requirements, will I for sure obtain the citizenship?

A: Citizenship approval process depends on the verification and finalization of whether you do not pose threat for the national security via the national security archieves.

Q: When I become a citizen of Turkey, am I supposed to cancel my current citizenship?

A: No, depending of the regulation of your state, Turkish laws permit for dual or multiple citizenship.

Q: I do not have the time to come to Turkey. How can I obtain the citizenship of Turkey?

A: In case you give a power of attorney to Arizon Yapi, from the beginning to the end, we may follow up all processes.

Q: How many people can apply for one deed?

A: Only one person and his first-degree relatives (spouse and children younger than 18 years old) will be allowed to obtain citizenship.

Q: Citizenship process may last 2 months. For this period, may I obtain a residence permit?

A: By the time your application is approved, without any waiting period, you and your 1st degree relatives will be provided with a residence permit within the same day. (No:6458/31-J)

Q: In order to reach the limit of 250,000 USD, may I purchase more than one real estate?

A: As long as the total value reaches at least 250,000 USD, you are allowed to purchase more than one real estate.  However, you should apply for all of them at the same time. If the declared value of the real estate is above 250,000 USD, then the Directorate General of Land Registry and Cadaster will accept the citizenship applications.

Q: What is the responsibility of Ministry of Environment and Urbanization?

A: Whether the value of the real estate declared at the deed of real estate is above 250,000 USD will be validated by the real estate valuation experts. The Ministry would request “establishment of unmerchantable exposition” from Directorate General of Land Registry and Cadaster. The payment for the real estate that you have purchased should be made to the owner of the real estate, via bank transfer.

Q: If I am not a citizen of any country, (apatride, stateless), how can I become a citizen of Turkey?

A: With a document that proves your statelessness (tire de voyage given by United Nations), when you purchase a real estate that has a value of at least 250,000 USD, you will be entitled to apply for Turkish citizenship.

Arizon Yapı assures you.

For every real estate you purchase for citizenship, Arizon Yapi provides both the best price guarantee and real estate equivalent expertise services. With our customer centered approach, at all times, we aim for perfection and work with zero error. We are ready to deliver the best in our field.

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