Turkish Citizenship Through Real Estate Investment; According to the new change, the minimum investment amount that will give you the right to become a Turkish citizen has been reduced.
The statement published on 19.09.2018 in the Official Gazette, states that the lowest limit of one million US dollars worth of real estate property grants foreigners to obtain Turkish citizenship has been reduced to 250 thousand US dollars.
*** 04.2022 According to the new regulations, 250.000 USD limit will be increased to 400.000 US dollars. Stay tuned for more information.)
Halic Property has been working hard to offer the best to its customers since day one. In the recent few weeks with the increase in demand for Turkish Citizenship. The legal partner of Halic Property offers to handle all the Turkish Citizenship application procedures. Our expert lawyers will follow up on the application until you have citizenship in your hands.
You can also read about Our Law Firm, help yourself with be a Turkish citizen for property investment.
How to do the Application of Turkish Citizenship by investment?
The article on citizenship law on getting Turkish citizenship by property investment was changed on 19.09.2018 and the investment amount was reduced to $ 250.000. It is getting too popular with Many people applying for citizenship.
These processes are very important and delicate operations. The smallest mistake can lead to loss of money and even rejection of the application for citizenship. The most important choice here is with whom you are going to work.
The construction company, the real estate agency, and the lawyer’s triangle are very important. They must work with absolute coordination and act together. Since the process is new, it is very difficult to find experienced consultants/lawyers and agents in the market.
What would happen if you don’t choose the right company? let’s just say a few of the many problems below.
You have to bring foreign currency to buy real estate in Turkey by law. The minimum amount is $ 250,000. Real estate is sold in Turkish Lira. If it is not the right real estate agent for you and inexperienced, they cannot offer you the right places. If a problem arises, you may want to give up and get your money back and ask for a refund. In the best case, you will lose money from the exchange rate difference, or from the penal clause stated in the contract between the customer and the construction company.
If the agency does not recommend the right construction company, the firm may go bankrupt and the construction may have stopped. Real estate delivery may be delayed. There may be a mortgage stated on the title deed. Residency and sales permits may not be ready. The process may get very long. You may be charged extra charges, you may not withdraw the money you paid or your application may be rejected.
When applying for citizenship, the government does not take into consideration the price you paid, it considers the price to be given by an independent expert as a result of an audit. If you don’t get the property at the right price, if you buy an overpriced house, the expert’s price remains low. In this case, you can take the house but you cannot apply for citizenship. As you bought an overpriced property, you cannot sell it at that high price.
If the inexperienced counsel/counselor does not know the process well, your application may be rejected, the process may be extended and you may incur extra costs at best.
The process of citizenship is a very delicate and important process. It is very important to choose the right company in this process which is one of the turning points of your life. As Haliç Property, we have managed this process many times with our experienced partners and concluded with a 100% success rate. Like all our friends, we are always with you at this turning point in your life and beyond. We never leave you and your family halfway on your journey with us.
What is the Advantage of Turkish Citizenship?
When you become a Turkish citizen, you can enter Turkey without visa.
When you become a Turkish citizen, you can start to live in Turkey without taking residence permission.
When you become a Turkish citizen, you can start to work in any job in Turkey without taking work permission.
When you become a Turkish citizen, you can build a company without requirements applied to foreigners.
When you become a Turkish citizen, you can buy a property without a delay caused by military control.
When you become a Turkish citizen, you can vote in every election.
When you become a Turkish citizen, you can take state-sponsored pension.
When you become a Turkish citizen, you can have a global health insurance that Turkish government will give.
When you become a Turkish citizen, you can buy a car without having a foreign license plates.
How Can I Get a Turkish Passport with Turkish Citizenship Investment?
There are lots of ways to be a Turkish citizen, but the easiest way to be a Turkish citizen to the advantage Of Turkish citizenship is having a property costs at least 250.000 Dollars in Turkey as a foreigner. Even if this is the easiest way, you should be so careful in this duration. So to get help from an expert, everything can be so simple.
The perfect choice will be Halic Property for you. Halic Property has 7 years of experience with its expert team members. Also, this company is based in Istanbul. Team members of Halic Property can speak English and Arabic without their native languages. These team members will be on your side from the pre-sale time to after-sale times. There are types of experts in this team as real estate specialists, after-sale specialists, lawyers, interior designers, transportation experts, etc.
With different types of real estate investments in its portfolio, Halic Property offers its clients more than a property. After having your new apartment, Halic Property can help in your Turkish citizenship applications, company registrations, every kind of legal issue related to your new property, following your maintenances fees, paying your taxes, etc.
In Halic Property’s portfolio, you can find every kind of investment opportunity. Like you can find houses in developing areas or you can find an apartment with resale options in the center of Istanbul or you can find a place in a shopping center or you can find land in developing areas of the city.
Halic Property is one phone away from you. So it’s time to pick up your phone and call us to have the advantage of Turkish citizenship and have a new home for you.
Fall in currency and rise in investment
Because of the shocking slash in the minimum investment amount to $250,000, the Turkish Lira falls to around 45 percent than its previous actual value. Since the Lira has fallen substantially, turkey has raised the market for its potential buyers from China and the USA who have been Turkish property for quite some time. It is a known fact that real estate gains are more valuable than any other financial instrument in Turkey. The aim is to boost the flagging real estate market.
Anybody who chose to live in Turkey will be able to enjoy a more comfortable and varied lifestyle for their money because of the better facilities and improved quality of life. The government believes that the investment is still a safe bet when it comes to Turkey.
Investment- A solid option
Turkey’s location is a gateway to the Middle East, Asia, Europe, and North Africa making it a strong target for trade investments as well as one of the chosen tourist spots. Tourism and location make Turkey a valuable place to make investments. However, it is believed that Turkish real estate is a diamond in the crown called economy. Over the years the numbers of households which are sold have increased, hence, outperforming most other markets of the world. The believers have an opinion that Turkey is an educated, professional and meant for mobile middle class propel for real estate economy. The latest measures taken by the government aims at maintaining countries excellent track record and the decision makers are positive about their approach.
Given below are few conditions for Turkish citizenship by investment
Investors can opt for fixed capital investment for $500,000 to gain citizenship.
Foreign investors can buy $250,000 worth of real estate, which they must not sell for the next three years.
Deposits requirement has now shifted to $500,000 from $300,000.
The funds must stay in place for three years.
If a foreigner can generate jobs for at least 50 people are eligible for citizenship.
Now we know that the latest line of measures taken by the Turkish Government is to make way for the foreign investors to live and invest in Turkey with full confidence and comfort. The government has slowly digitized the process required for verification of information and making appointments in order to ease down most of the application procedure.
Next time if you are making an investment then you know where to invest and which place will reap the benefits of your real estate investments in the future.
For more information about benefits of Turkish Passport and citizenship, you can check the page below.
How Much Do I Need To İnvest İn Turkey To Get Citizenship?
Citizenship by investment arouses interest among investors from all over the world. In this context, as a result of a certain amount of investment, citizenship is granted.
This right obtained does not include any change from persons who are Turkish citizens by birth. If you want to become a Turkish citizen, it is possible to obtain this right by investing.
Turkey provides great convenience to investors in this regard. Because the Official Gazette dated 19.08.2018 contains statements about Turkish Citizenship 250,000 USD.
Therefore, if you want to become a citizen, it is possible to make a real estate investment of at least 250,000 USD within the borders of Turkey.
For this, any region or province within the borders of Turkey can be preferred. However, if you want your investment to be successful and its value to increase in the future, you should contact the right company and make the best choices.
Can I Get Turkish Citizenship By Buying A House?
Owning a house is the dream of many today. Turkey attracts attention with its stable and safe structure compared to neighboring countries and its rich geography.
If you want to buy a house in Turkey, it is also possible to become a citizen in this context. For this, you do not need to make large investments such as villas. Because for Turkish citizenship by investment, you need to invest at least 250,000 USD.
This house can be a luxury apartment or an apartment according to your desire. After making the purchase, it takes a very short time to obtain the right to Turkish citizenship. The only thing you need to pay attention to is which company you work with. Because if you make a wrong choice, you can make wrong investments even in a big metropolis like Istanbul.
Our company professionally manages all real estate investment stages with its professional teams. Thus, the most suitable properties for your needs and wishes and which will be valued in the future are determined.
How Much Does İt Cost To Get Turkish Citizenship?
If you want to obtain Turkish citizenship, there are many ways. Turkish citizenship by marriage, although possible, does not provide results in a short time. Because there are some conditions such as a relationship that has been going on for 3 years.
However, if you invest, the right to citizenship can be obtained in a relatively short time. For this, the costs vary and a minimum requirement of 250,000 USD is sought in real estate investments.
Within the scope of Fixed Capital, you must invest at least 500,000 USD. Thus, it is possible to get the solutions you want. You also have options such as;
Commit to government bonds at least 500.00 USD or equivalent in foreign currency, Turkish lira
Employing a minimum of 50 people as approved by the Ministry of Family, Labor and Social Services
To commit at least 500,000 USD or equivalent foreign currency, Turkish lira to the venture capital investment fund share or the real estate investment fund share
The main applicant can include his spouse and dependent children under the age of 18. This includes children of all ages with disabilities. If you want to make the best evaluations for citizenship by investment, our platform offers you suitable solutions.
How Can I Become A Turkish Citizen?
Turkish citizenship by investment attracts many people today. However, there are some other solutions as well. One of them is marriage.
If you marry a Turkish citizen and keep it for 3 years, you have the opportunity to apply if the marriage continues. Other than that, there are conditions and compliance must be met.
However, applying by marriage does not give individuals a direct and definite right. In addition, it is possible to become a citizen with the decision of the competent authority. However, even if you meet the necessary conditions here, there is a case of disapproval.
Therefore, if you want to get fast solutions in a short time, Turkish citizenship by investment offers good options. For this, you
Can foreigners buy property in Turkey?
Foreign nationals have the right to buy real estate anywhere in Turkey except military zones. This situation also paves the way for being a citizen of the Republic of Turkey.
If the minimum value of the real estate you purchased is 250,000 USD, you may be eligible to make the necessary applications.
With this application, the spouse and children under the age of 18, if any, also gain the right to Turkish citizenship. Persons whose applications are approved become citizens of the Republic of Turkey forever. In addition, children born later are also considered Turkish citizens.
Can I Get Permanent Residency Of Turkey If I Buy A House?
Those who buy real estate in Turkey can obtain a residence permit. Individuals can obtain a one-year permanent residence permit after completing the necessary procedures. However, this can be extended as desired.
If you stay in Turkey for five years, you can get Turkish citizenship. Another way to get this right is to invest in real estate worth $250,000.
In this context, if the application is approved, you can get this right together with your spouse and children under the age of 18. This right is granted without limitation.
Do You Get Citizenship İf You Buy Property İn Turkey?
If you want to obtain Turkish citizenship by investment, you have different solutions. One of them is to acquire real estate worth at least $250,000.
Spouses and children under the age of 18 also become Turkish citizens with the application. Those whose applications are accepted are granted this right forever.
In addition to this, citizens born after the birth are also born as Turkish citizens. Turkey allows dual citizenship.
In addition to acquiring real estate, citizenship can be obtained by investing at least 500,000 USD in fixed capital contribution. You can also become a citizen by depositing 500,000 US dollars or equivalent foreign currency or Turkish lira in a Turkish bank.
How Do I Become A Citizen Of Turkey When Buying A House
If you want to become a citizen of the Republic of Turkey, when you purchase a real estate with a minimum value of $250,000, you must apply to the General Directorate of Land Registry and Cadastre for a certificate of conformity with the Citizenship of the Republic of Turkey.
As part of the application period, the appraisal report and bank transfer documents are reviewed. The Land Office provides proof usually within 3 to 7 days.
Once the certificate of eligibility is received, an application is made to the immigration office for a temporary residence permit after the application is received. When there is a temporary residence permit with a certificate of conformity, an application is made to the General Directorate of Population and Citizenship.
How Long Can You Stay in Turkey if You Own a Property?
In case of purchasing real estate in the Republic of Turkey, a residence permit can also be obtained. It is given on a one-year basis. However, it can be renewed every year.
If you stay in the Republic of Turkey for 5 years, you can also become a citizen of the Republic of Turkey. In addition, there are different aspects of obtaining citizenship. If a real estate investment of at least 250,000 USD is made in the Republic of Turkey, the necessary application can be made to become a citizen.
Likewise, creating employment for at least 50 people gives you this chance.
How Long Does it Take To Receive My Turkish Citizenship?
It takes approximately 3 to 6 months to obtain the citizenship of the Republic of Turkey. The ways of obtaining citizenship differ from each other.
Investing at least $250,000 gives you citizenship. In this context, land, apartments, houses, commercial and industrial facilities can be purchased. Real estate purchases can be made anywhere in Turkey excluding military zones.
In this sense, there is no requirement to buy a single property. Investments with a total value of more than $250,000 can also be made. But between them should not be more than 2 months.
How Much Should I Invest in Turkey To Get Citizenship?
If you want to be granted Turkish citizenship by investment, you must acquire real estate worth at least $250,000. Citizenship can also be acquired by investing at least 500,000 USD in fixed capital contributions.
Investing at least 500,000 US dollars or equivalent in foreign currency, Turkish lira in a Turkish bank also gives you the same right. It is also possible to commit at least 500,000 USD or equivalent in foreign currency, Turkish Lira, according to government bonds.
Is it easy to buy property in Turkey?
Those who want to qualify for the citizenship of the Republic of Turkey can perform the necessary application procedures when they acquire a minimum of 250,000 USD real estate.
In addition, those who make at least 500,000 fixed capital contribution investments and creating a minimum of 50 jobs will enable you to acquire citizenship through investment.
Therefore, if you want to be the Republic of Turkey, you can choose the option that suits you from these and other options. After that, both the application process and the results are processed very quickly.
Who Can Not Buy Property In Turkey?
People from almost every country in the world can buy property in the Republic of Turkey. This includes the United Kingdom, Europe, and the United States. This includes all nationalities except Syria, North Korea, Southern Cyprus, Armenia and Cuba.
Foreign nationals can buy property from any part of Turkey except military zones. It is not mandatory to be a resident after the real estate is purchased. In addition, a 1-year residence permit is automatically provided. If you want to obtain citizenship, you can apply when you buy real estate worth at least $250,000.
Will I Be Required To Learn Turkish Before Receiving My Citizenship?
People who want to become a citizen of the Republic of Turkey must meet certain requirements. These include knowing and speaking a sufficient amount of Turkish.
In addition, it is necessary to have sufficient income to stay in Turkey and not to pose a threat to national security and public order.
It is also essential for people to have good morals and abide by the rules of etiquette. He should also show by his actions that he has decided to settle in Turkey.
This and other evaluations are carried out when foreign nationals apply for citizenship.