Many laws were enacted in Turkey to facilitate the work of investors, and the most important thing is the exceptional acquisition of Turkish citizenship by investment program. This article will be a full guide to the exceptional Turkish citizenship, Turkish citizenship stages timeline, and how to get Turkish citizenship by buying a property.
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Exceptional Turkish citizenship by Buying a Property
Real estate investment is one of the most striking ways to gain exceptional Turkish citizenship, as according to the Turkish laws, anyone who purchases a property in Turkey in accordance with the requirements will be granted exceptional acquisition of Turkish citizenship by investment program.
You should know that the exceptional Turkish citizenship is not for sale, and buying a property in Turkey means making an excellent investment in one of the safest fields, which is the real estate field.
Obtaining the exceptional Turkish citizenship is a real gift and an added advantage to the ones that you get when you start real estate investment.
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Process of Turkish Citizenship by Real Estate Investment
The most crucial phase of the exceptional Turkish citizenship stages timeline is identifying the property.
The exceptional acquisition of Turkish citizenship is based on a main condition, which is to buy a property in Turkey.
But there are other conditions that must be met in the property in order to be eligible for obtaining exceptional Turkish citizenship by buying a property.
The most important of which is its price, as the price of the property must be at least 400 thousand dollars, and match its price in the real estate appraisal report to qualify for exceptional Turkish citizenship by investment program.
One of the conditions that must also be met is that the property area should not be more than 10% of the total area of the real estate.
It is also important to get the title deed (Tapu) which demonstrates the property’s ownership to the person whose name is written on it.
We can summarize the conditions with several points:
- The price of the property should not be less than $400,000, and match the price in the appraisal report.
- Tapu must be ready.
- The real estate area should not exceed 10% of the area.
It is necessary to know that the required amount may not be for one property, but multiple properties can be purchased with the required amount with the fulfillment of the conditions of the exceptional Turkish citizenship by investment program.
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How to Start the Exceptional Turkish Citizenship Stages?
The property must first fulfill the requirements of the exceptional Turkish citizenship by real estate investment and the necessary papers must be ready.
After paying the required amount and receiving the title deed, the buyer obtains the investor’s residence permit.
This is one of the necessary steps to start the Turkish citizenship stages timeline, and then the required papers for the exceptional Turkish citizenship by buying a property are prepared.
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Exceptional Turkish Citizenship Law by Buying a Property Before 2022
The door to investment was not open for investors and businessmen, and this lasted until 2018, when the laws of the exceptional Turkish citizenship stages timeline in by investment program were enacted.
The required amount at the time was one million dollars in order to be suitable for the exceptional Turkish citizenship by buying a property.
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Turkish Citizenship Stages by Real Estate Investment Before 2022
There was no significant difference in the Turkish citizenship stages timeline, and perhaps the duration of the Turkish citizenship stages was sometimes longer, but the process was not entirely different.
The main difference was not in the Turkish citizenship stages timeline, but in the price of the property.
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Turkish Citizenship Stages by Investment Program in 2022
The Turkish citizenship stages by buying a property are three stages, starting from the purchase of the property to submitting the file of getting exceptional Turkish citizenship by investment program.
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Exceptional Turkish Citizenship Stages Timeline
Here are the three stages of getting exceptional Turkish citizenship by real estate investment that last for 6 to 7 months:
- First stage: It begins with the purchase of the appropriate property with the conditions of exceptional Turkish citizenship by investment program. At this stage, the documents required for buying a property and the issuance of the title deed must be prepared.
- Second stage: It starts after obtaining the title deed and obtaining the important papers, which takes approximately 15 days from the duration of the Turkish citizenship stages timeline.
- Third stage: It starts when the file of the exceptional Turkish citizenship by investment program is submitted to the Turkish Tapu Office and receiving a number to follow up on the file.
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The New Law of Exceptional Acquisition of Turkish Citizenship
The new law of exceptional acquisition of Turkish citizenship by real estate investment stipulates that foreign investors are allowed to start their real estate investments, considering the following:
- Value of the property approved with exceptional Turkish citizenship is 400 thousand dollars.
- Age of the buyer must be older than 18 years old.
- Property should not be more than 10% of the area in which it is located.
After submitting the file and while waiting for the duration of the Turkish citizenship stages timeline, the person can follow up on the status of his file through the file number via the internet.
Additionally, the Turkish Tapu Office will send a message to the investor when the Turkish citizenship stages timeline has ended and that he has obtained exceptional Turkish citizenship by investment program.
Finally, we have provided a comprehensive guide regarded the exceptional acquisition of Turkish citizenship by buying a property and made it clear to you in details.
We, at Lale Real Estate Group will be pleased to be with you step by step to secure the right property that qualifies you to get the exceptional Turkish citizenship by real estate investment.
You can benefit from our services, which are the following:
- Real estate comparison service
- Real estate consulting service
- Exceptional Turkish citizenship by buying a property
- Property management service
- Real estate tours
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Frequently Asked Questions about Exceptional Turkish Citizenship
Can Turkish citizenship be bought?
Turkish citizenship is not for sale, Turkish citizenship is a gift when you start real estate investment with an amount of $400,000.
How much do you need to invest to get Turkish citizenship?
In order to get Turkish citizenship, you need to invest $400,000 in real estate, or $500,000 in a bank deposit or as a capital contribution.
Who can get Turkish citizenship by investment?
Foreigners with the allowed citizenships can get Turkish citizenship by investment program.
Is Turkish passport strong?
Yes, the Turkish passport is one of the strongest passports in the world that allows its holders to enter more than 100 countries without a visa or with a visa upon arrival.
Can foreigners get the exceptional Turkish citizenship?
Yes, foreigners can get the exceptional Turkish citizenship, except the forbidden nationalities.
How can an Indian get Turkish citizenship?
Indian citizens can get Turkish citizenship by real estate investment or bank deposit or a fixed capital investment.
How to apply for exceptional Turkish citizenship?
After buying a property with the required amount, you can apply for the exceptional Turkish citizenship by investment program.
What is an exceptional Turkish citizenship?
The exceptional Turkish citizenship is the citizenship that foreigners can obtain exceptionally.
Who can get the exceptional Turkish citizenship?
Foreigners with the allowed nationalities can get the exceptional Turkish citizenship.
Is Turkish citizenship hard to get?
Turkish citizenship is not hard to get, and you can obtain it in 6 months by investment.
Can you get Turkish citizenship if you buy property?
Yes, buying a property that costs $400,000 entitles you to get Turkish citizenship by real estate investment.
How to get Turkish citizenship by investment program?
To get Turkish citizenship by investment program, you should qualify one of the requirements:
1- Buy a property worth at least $400,000
2- Deposit at least $500,000 in a Turkish bank
3- Make a fixed capital contribution with an amount not less than $500,000.
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