Turkish citizenship by property investment, which is one of the most applied citizenship programmes in the world, has increased from $ 250,000 to $ 400,000, provided that the terms and conditions remain the same with the new regulation that was implemented on 13 June 2022. So what are the necessary documents and conditions required in the Turkish citizenship process? Who can become a Turkish citizen?

First thing that should be known you can become a Turkish citizen in three different ways by investment;

Establishing a Company: The person who establishes a company at least 50 employment in Turkey will have the opportunity to become a citizen by investment.

Deposit in a Bank: A person who deposits $500.000 or the equivalent amount of foreign currency or TL in Turkish banks for at least 3 years has the same opportunity.

Buying Property: $400.000 or above to buy a real estate and to put an annotation on the title deed for this property that it will not be sold for 3 years.

The most common way of investment is undoubtedly investment in property, because owning a house in Turkey, one of the most visited countries in the world, can bring you satisfying rental income, as well as great profit when you want to sell it. At the same time, if you decide to live here, it offers you a wide cultural palette with its climate, cuisine and history.

HOW CAN I BECOME A TURKISH CITIZEN BY PROPERTY INVESTMENT?

First of all, a minimum real estate investment of $400,000 must be made. This investment can be a single property worth $400,000 or the sum of multiple properties of this value.

The decision authority in determining the real value of an apartment belongs to the official valuation study carried out by persons authorised by the Banking Supervision Board. The main thing is to write a minimum of $400.000 in the valuation report.

On the other hand, when you sign the Notarised Contract of Sale or the receipt showing that the money has been transferred from the buyer's account to the seller's account, the value of the property must also be written at least $400,000.

If you choose to buy a property with a mortgage loan or other instalment instruments, the amount you withdraw from your bank is taken into account after deducting the mortgage amount from a certain amount.

Persons who obtain citizenship by real estate give a commitment not to sell their real estate for three years. In accordance with this commitment, a three-year annotation is placed on the title deed. This criterion does not apply to foreign investors who do not apply for citizenship but buy a house. They can sell at any time.

The price paid for a property must be transferred directly from the buyer's account to the seller's account via bank transfer. Bank receipts will be buyer's proof at this stage, showing the exchange of money between the buyer and seller. Furthermore, no other third party should be involved in the transaction process.

Your application will then be ready to be sent by the Land Registry Directorate of the Ministry of Environment and Urbanisation to the Foreigners Department of the General Directorate of Population and Citizenship Affairs of the Ministry of Interior.

Note, if you bought a property before the law published on 12.01.2017, you cannot apply for citizenship with this property, no matter who owns the property, such as your spouse and children. In this regard, another real estate investment is required.

FACTS

First of all you need to know that this is not a golden visas program, this is actual getting nationality of a country. So this is much better than golden visas program of Europe. You need to wait for 3 years to your property investments for sale again so that you can accomplish completely your citizenship process.

However, you can apply for a Turkish passport once you collect all properties in hand. On the other hand, you are going to wait for a 3-year period to turn your properties out a sales income. Moreover, rental income is available in this period. Because of what many residence projects give you a rental guarantee, it won’t be harsh to find a settler to your property.

By checking our portfolio, you can see what projects provide this amenity at the other amenities section marking with a checkmark. The programme offers such a possibility to apply for your spouse besides your children under 18 years old. Staying in the country for a certain period is not stated by the law. Thus, you are free whether coming to Turkey or not.

The second passport will be truly yours forever. Additionally, your future children will also be born as a citizen of Turkey. If you choose to get other passports, the programme lets you multiple passport option in addition to Turkish citizenship

Required Documents

You can easily find most of the necessary documents without great effort. According to the process, Before your citizenship journey begins, you should collect some documents in advance such as;

Birth certificate: If multiple applications are done, the General Directorate of Population and Citizenship Affairs asks a birth certificate for each person.

Residence certificate is a must. You can apply for the programme only after completing the purchase stage.

Vital Records including such as marriage certificate is another critical issue that is requested by the authority from all family members.

Death Certificate: If one of the couple is not alive anymore, his/her death certificate should be with you.

Health insurance

Photos: You need to get 12 Biometrics photos beforehand

Passport

Application Forms: Original and notarized translation of application forms

Power of Attorney: To the lawyer which you are giving to follow your application process.

For a more detailed information about citizenship step by step, you can watch our video shown up below and follow the channel for further info about each step of citizenship by investment program process.

Important footnote about the process:

All steps – even the purchase phase – can be done remotely so that you don’t need to handle with the situation coming by.

7 KEY BENEFITS OF BEING TURKEY CITIZEN

Become citizen with your family

Your spouse and children under 18 years old can acquire Turkish citizenship together with you at the same time.

No wealth declaration

When you apply for dual citizenship, you are not required to declare your assets or income that you currently have in other countries.

No need to be a permanent resident

You do not have to have lived constantly in Turkey for a certain period to become eligible for citizenship. You can continue to live abroad and apply for citizenship as soon as you get the residence permit.

Repatriate your investment

After holding your investment for 3 years. You can cash out your investment and repatriate the funds along with its proceeds (i.e. rental income, interest etc.) free of exchange control restrictions.

Notable Visa-free countries

When you become a Turkish citizen, you will be eligible to visit 132 countries through visa-free, e-visa and visa on arrival.

No need to know Turkish

In order to apply for Turkish citizenship, you do not have to speak the Turkish language or have a certificate in Turkish.

No need to donate money to certain funds

There is no need to invest in any institution or organisation. Only property investment will be sufficient.

VISA-FREE COUNTRIES

As of November 2023, Turkish passport holders can travel visa free to 75 countries and territories:

• Albania
• Angola
• Antigua and Barbuda
• Argentina
• Azerbaijan
• Bahamas
• Barbados
• Belarus
• Belize
• Bolivia
• Bosnia and Herzegovina
• Botswana
• Brazil
• British Virgin Islands
• Brunei
• Chile
• Colombia
• Cook Islands
• Costa Rica
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Equatorial Guinea
• Fiji
• Georgia
• Guatemala
• Haiti
• Honduras
• Hong Kong
• Iran
• Jamaica
• Japan
• Jordan
• Kazakhstan
• Kosovo
• Kyrgyzstan
• Macau
• Malaysia
• Mauritius
• Mexico
• Micronesia
• Moldova
• Mongolia
• Montenegro
• Morocco
• Nicaragua
• Niue
• North Macedonia
• Oman
• Pakistan
• Panama
• Paraguay
• Peru
• Philippines
• Qatar
• São Tomé and Príncipe
• Serbia
• Singapore
• South Africa
• South Korea
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Suriname
• Tajikistan
• Thailand
• Trinidad and Tobago
• Tunisia
• Ukraine
• Uruguay
• Uzbekistan
• Vanuatu
• Venezuela
• Eswatini

E-VISA COUNTRIES

The following 20 countries issue eVisas for Turkish passport holders:

• Benin
• Bhutan
• Cameroon
• Democratic Republic of the Congo
• Ivory Coast
• Djibouti
• Gabon
• Guinea
• Iraq
• Kenya
• Lesotho
• Malawi
• Montserrat
• Myanmar
• Nigeria
• Russia
• South Sudan
• Togo
• Uganda
• Vietnam

VISA-ON-ARRIVAL COUNTRIES

If you are a Turkish citizen, you can get a visa on arrival for the 37 countries listed below:

• Armenia
• Bahrain
• Bangladesh
• Burundi
• Cambodia
• Cabo Verde
• Comoros
• Egypt
• Ethiopia
• Guinea-Bissau
• Indonesia
• Kuwait
• Laos
• Lebanon
• Madagascar
• Maldives
• Marshall Islands
• Mauritania
• Mozambique
• Namibia
• Nepal
• Palau
• Rwanda
• Saudi Arabia
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• Sri Lanka
• Sudan
• Taiwan
• Tanzania
• Timor-Leste
• Tonga
• Tuvalu
• Zambia
• Zimbabwe

F.A.Q. Frequently asked questions about the Turkey citizenship by owning properties worth $400,000.

1. Does a foreigner who owns more than one Turkish property totaling to $400,000 have the right to apply for citizenship programme?

Yes, a foreigner who owns real estate with a total value of more than $ 400,000 is entitled to the Turkish citizenship under the latest law change. It is not required to be a single property. It may depend on more investment than one. Your investment plan can vary on land and commercial purposes as well.

2. Is the citizenship granted only to the owner of the property or to him and his family?

Turkish citizenship is granted to the owner of the property. All his children who are under 18 years of age qualify to Turkish citizenship law

3. Is there a specific currency required to buy a property in Turkey and get citizenship?

The decision states that the purchase of a property must be worth $400,000 or its equivalent in foreign currency.

4. Are Individuals who own real estate in Turkey worth $400,000 and above before the recent law change entitled to apply for a passport now?

Unfortunately, your investment with the value of 400.000 $ is invalid before the law, you should purchase another 400.000 $ property to apply for Turkish passport.

Vartur Real Estate Company

Team helps you from the beginning until you get your passports when you apply for citizenship by property investment. For further questions & to apply for citizenship,

Please contact us

Telephone:

+90 212 803 01 05

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