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Architecture buro

Nationality through ownership

Nationality through ownership

Questions about obtaining Turkish citizenship through real estate acquisition

Q 1: Can I get Turkish citizenship?
Yes, the foreigner can obtain Turkish citizenship in several ways, including buying a property in Turkey, provided that the purchase of the property after the date 12/1/2017.
Q2: How much is the minimum value of the property to be purchased for Turkish citizenship?
The property purchased between 12/01/2017 and 18/09/2018 must be at least US $ 1 million.
The property purchased on 19/09/2018 and thereafter must be at least US $ 250 thousand.
Q3: How is the price of the property purchased to be assessed for Turkish citizenship?
The Property Valuation Report must be obtained, provided that it is certified by an accredited rating agency of the Turkish Government.
Q4: How long is the acceptable time to prepare a property valuation report?
The date of preparation of the property evaluation report must not exceed 3 months from the date of the application; the report is valid until the completion of the procedure for applying for Turkish citizenship.

Q5: How to calculate the dollar exchange rate when paying for the property?
The exchange rate of the dollar will be calculated according to the official price at the date of purchase, according to the CBK price bulletin.

Q6: How to calculate the dollar exchange rate when paying for the property?
The exchange rate of the dollar will be calculated according to the official price at the date of purchase, according to the CBK price bulletin.
Q7: Can the property price be just under $ 250,000?
This can not be done at all, but the value of the property must be slightly greater than the amount specified in the Regulations so that the progress of the Turkish citizenship process will be carried out properly.
Q8: Can I pay the property in cash?
This can not be done, all payments from buyer to seller must be under bank transfers authenticated and issued from the buyer's account to the seller's account.
Q9: How is the full value of the property verified?
You will be asked to provide transfer receipts that confirm bank transfers between buyer and seller, from the sending bank and from the receiving bank

Q10 - Should I stay in Turkey for 3 years until I get citizenship?
No, once you have a residence permit you have freedom of travel and stay and within several months you will receive
On Turkish nationality
Q 11 - Are there specific properties to purchase for citizenship?
You can buy all types of real estate (land - apartments - buildings - shops - commercial offices)
You have the right to invest them in the way that suits you (rent them - use them) and benefit from the return
Material. The property located in a restricted military zone is excluded
Q12 - Does my family have to pay extra for citizenship?
No, only valid residency is required when applying for all family members
Q13: Can I sell the property immediately after obtaining Turkish citizenship?
No, the property can only be sold after 3 years from the date of purchase. You must write a pledge not to sell the property for 3 years.
Q14: If I get Turkish citizenship after buying the property, will my wife and children get Turkish citizenship with me as well?
Yes, the wife and children under 18 years of age get Turkish citizenship when applying in the same file to the owner of the property.
Q15: Can I buy more than one property to apply for Turkish citizenship?
Yes, it is possible to purchase several properties, provided that the papers of all the properties together, and the total value of more than 250 thousand dollars at the date of submission of the application.
Q16: If all the conditions are met, is it certain that I get Turkish citizenship?
The Turkish government shall study the file of each investor. Based on the security study of its file, the decision to grant citizenship shall be taken independently of each request. The decision shall be issued in case of approval by the Presidency of the Republic.

Q17: Can I buy any residential or commercial property to apply for Turkish citizenship?
Yes, you can buy any property you choose on condition that it exceeds $ 250,000, be it an apartment, a villa, a shop or any other property in Turkey.
Q18: How long does it take to acquire Turkish citizenship in exchange for buying a property?
45 days, is the period specified for the completion of the procedure for the acquisition of Turkish nationality, from the beginning of the transaction, ie delivery of the required documents in full to the Turkish government, until the signature by the President of the Republic who has the authority to approve the grant of Turkish nationality.
Q19: I have a property that I previously bought. Can I apply for Turkish citizenship?
If the date of purchase of the property before 12/01/2017 can not apply for Turkish citizenship.
If the date of purchase after 12/01/2017 until 18/09/2018 the property must be at least US $ 1 million.
If the date of purchase after 19/09/2018 must be at least USD 250 thousand.
Q20: Can the Syrian nationality be obtained under this law?
Since the Syrian nationality campaign can not own real estate in Turkey at present, the Syrian can not obtain citizenship for real estate investment, but he can take advantage of the other options mentioned in this law to obtain Turkish citizenship:
• Fixed investment of at least US $ 500,000.
• Provide job opportunities for at least 50 Turkish citizens.
• Deposit in Turkish banks for at least $ 500,000.
Q21 - Do I have to give up my current nationality for Turkish citizenship?
No, of course you can keep your current nationality. Turkish Guanyans allow this.