THE WAYS TO BE TURKISH CITIZEN
Citizenship through investment:
Foreigners who purchase at least 400.000 USD of real estate and admit to not selling this property for three years can obtain Turkish citizenship with their families (wife/husband and children under 18 age).
Also, you can obtain Turkish citizen through:
– Investing at least 500.000 USD of fixed capital.
– Depositing at least 500,000 USD cash to banks operating in Turkey with a condition hold on for 3 years.
– Creating jobs for at least 50 Turkish citizens.
– Purchasing at least 500.000 USD government bond instruments with a condition hold on for 3 years.
– Purchasing at least 500,000 USD of non-investment fund participation share or venture capital investment fund participation share with a condition hold on for 3 years.
The real estate and construction sectors in Turkey are quite lively, active, and continuous manner. For this reason, we can say that acquiring citizenship through a housing program, is more advantageous than other types of citizenship. There are some advantages in the investment to be made through real estate Turkey purchase such as the lower is the monetary value determined, that live in the construction sector in the country and does not lose value, no living compulsory in Turkey for citizenship is in question.
Citizenship through marriage:
An application can be made for Turkish citizenship, provided that they have been married Turkish citizens for at least 3 years and continue this marriage. The applicant is required to live in a family union, not to be an obstacle in terms of national security and public order, and not to engage in an activity incompatible with the marriage union.
Citizenship through adoption:
Children under the age of 18 can obtain Turkish citizenship through adoption by a Turkish citizen, provided that they do not have an obstacle in terms of national security and public order.
Citizenship by birth:
Turkish citizenship is citizenship acquired by the establishment of lineage with a mother or father.
Citizenship through residence:
Adult individuals over 18 years of age, who have discriminating power can obtain the right to apply for citizenship with 5 years of uninterrupted residence in Turkey.
Citizenship through Turquoise Card:
Turquoise Card was implemented in 2017, to employ qualified persons in Turkey, is a system that allows foreign investors may face barriers to work and residence permits in Turkey and eliminates the long bureaucratic process. It is also possible to apply for Turkish citizenship with this system.
Main Benefits of Turkish citizenship
THE BENEFITS OF TURKISH CITIZENSHIP BY INVESTMENT
– You can make a profitable investment by buying real estate in Turkey worth 400.000 USD in the construction sector, which constantly gains value.
– You can apply for citizenship with your family (wife/husband and children under the age of 18)
– When you want to get citizenship by investment are not obliged to live in Turkey. You can handle your transactions from your own country and get Turkish citizenship.
– You do not need to declare your assets in other countries or the country you live in.
– The professional support of Diyar Turk Real Estate will assist you in all these transactions in Istanbul and Antalya.
– You can lease out your property during these three years with good rental income
– You can re-sell your properties after three years and benefit from the profit from rising prices for real estate in Turkey.
- Turkish citizens can travel to certain countries in the world without needing a visa. There are over 110 destinations where Turkish citizens receive a visa upon entering the respective country.
- Turkish citizenship can be offered to the whole family if the applicant includes them in the chosen program.
- If you have already lived in Turkey for 3 years, you can easily obtain the E-2 investor visa required to enter the USA.
- Turkey is an important financial point and one of the largest business centers in Europe and Asia. Thus, businesses opened in Turkey can develop important connections all over the world.
- Another reason why foreigners choose Turkey for relocation is the high standard of living, a
very well-developed health system, as well as an education system, appreciated abroad.
APPLICATION PROCESS FOR TURKISH CITIZENSHIP
For citizenship application types such as residence, marriage, or Turkuaz Card, you need to apply through the governor’s office if you are living in Turkey, where you reside, or through the consulate general if you are abroad. If you wish, you can perform your application procedures through a special power of attorney. The required documents will vary depending on your application type.
The experienced team of Diyar Turk Real Estate will be with you from the beginning to the end of the process from the first time you decide to obtain Turkish citizenship by investment. In this process, we will be with you to find your dream home at the most affordable price and the most convenient location. In addition, our professional assistance for all legal procedures will always be with you.
DOCUMENTS REQUIRED TO APPLY FOR CITIZENSHIP
These documents for applying for the Citizenship by Real Estate Investment
- Certificates of Birth for all the family members, should be original and attested by The Ministry of Foreign Affairs and the Turkish embassy in the original country of the applicant.
- The marriage certificate, should be original and attested by The Ministry of Foreign Affairs and the Turkish embassy in the original country of the applicant.
- The family registration certificate, should be original and attested by The Ministry of Foreign Affairs and the Turkish embassy in the original country of the applicant.
- Valid Passport photocopies for all the family members.
- 8 biometric photographs of each family member 5*6 cm.
- Address document (water bill, electricity bill, or driving license if the address is written).
- Real property valuation report.
- Bank receipt, showing that at least 400.000 USD has been paid as real estate value.
- Title deed.
If the purchased property is under construction, notary certified property purchase commitment
THE COSTS OF THE TURKISH CITIZENSHIP APPLICATION
The expected costs of the Turkish Citizenship Application by Investment
Real estate in Turkey worth at least 400.000 USD
4% title deed fee (In some projects, it is taken from 2% buyer and 2% seller)
1% VAT (18% VAT on commercial real estate)
250 USD appraisal report
300 USD general title deed expenses
2.500 USD lawyer fee
200 – 300 USD citizenship documents (translation, insurance etc. expenses)
Approximately 300 USD power of attorneies for both husband and wife.
Approximately 180 USD passport fee and ID fee per person.
DELIVERING THE TITLE DEED
Delivering the title deed, the final step of buying a house in Turkey is carried out after fulfilling their legal responsibilities on both sides. All documents required (receive a tax number, opening a bank account for payments, translation of a valid passport and notarization, and preparation of photos), make sure that the title deeds will be prepared with the help of experienced and professional sales consultants. After the title deed application and documents are delivered, the land registry office makes the necessary checks in about a week and invites the parties for the deed signature. The buyer and seller meet at the land registry office and sign with a sworn translator.
Congratulations, now you are a homeowner in Turkey!
