Easy Turkish Citizenship By Real Estate Investment

2023-06-09

Turkish Citizenship By Real State Investment

Although there are different opportunities to become a Turkish citizen, the easiest way is to invest in real estate. Obtaining Turkish citizenship by investment or buying a house-housing gives quick results with a few simple steps. The conditions required for acquiring Turkish citizenship through real estate investment, the legal procedure to be followed, the actual situation and documents to be prepared, the authority to apply, and the deadlines are given below. Foreigners law is an area where the administration has more discretion than other areas of law. For this reason, the process of becoming a Turkish citizen through investment should be carried out with great precision.

If you are one real state investor in buying a house in Istanbul, but cannot decide where to buy it, or if you are not sure whether the price you will pay is the real value. Here best way to search; rent a car with a driver from Cab Istanbul to learn all secrets. As soon as you land at Istanbul airport, the driver who can speak English greets you with a sign with your name, you can benefit from the daily chauffeured car rental service included in the Istanbul airport transfers.

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Easily Get Turkish Citizenship

Any foreign investors who bought real estate worth $250,000 by 2021 and made a commitment not to sell for 3 years could become Turkish citizens. This value has now been increased to $400,000. Foreigners who buy real estate in Turkey for 400.000 dollars will become Turkish citizens themselves and their families. While being a host in Turkey, a country between Europe and Asia, a four-season, historical, but also modern and much more functional developing country will be very good for all foreign investors.

Turkey grants citizenship to foreigners who buy real estate worth 400,000 dollars. According to the citizenship program, foreigners who buy a house have the chance to buy real estate from anywhere in Turkey and become Turkish citizens within 4-6 months. Owning a house in a country like Turkey where the real estate and construction sector is very active is a very good investment method.

Turkey Opens The Door To Foreigner For Citizenship

For foreigners to buy real estate in Turkey, at least 400.000 USD can easily become citizens of Turkey. The foreigner himself and the family will get the right to Turkish citizenship within six months, in other words, buying houses in Turkey will be a profitable investment as well as for Turkish citizens.

Also, if you buy 100 thousand USD houses in Turkey, the first applicant can get a 3-year residence permit, and their family, after 5 years of continuous residence in Turkey, will get the right to apply for Turkish citizenship. If you receive consulting services from İstanbul consultancy, while you are buying property in Turkey, will never let you get more than the real value of a home in İstanbul.

It is very easy for foreigners who buy a house in Turkey to obtain a residence permit. Those who buy property in Turkey can obtain a residence permit provided that they periodically extend their residence permits, and those who buy a house have the right to obtain a residence permit for their families. Children of foreigners with a residence permit can study in Turkey, it is much easier for foreigners with a residence permit to find a job and it is much easier for companies that buy housing to obtain a work permit.

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Property Limitation For Foreigner-Turkey

According to the relevant law, the following restrictions apply to foreigners purchasing property:
In Turkey, a foreigner can purchase land at a maximum of 30 hectares.
A foreigner cannot buy property in military forbidden zones and security zones. Renting is possible only with special permission.
Foreigners can purchase property up to 10% of the area of the privately-owned district.
Real estates determined by legal institutions that are not used in accordance with the purpose of the purchase, real estates that are not notified to the Ministry of Environment and Urbanization within two years, although they are purchased for building, may be liquidated by official authorities.
The above-mentioned limitations do not apply to companies with legal personalities established in accordance with the laws of their own country.

Foreign investors become citizens after purchasing real estate such as residences, workplaces, land, etc. in Turkey, provided that they comply with the restrictions stipulated by the law. If a foreigner buys a field or a plot, must notify the Ministry of Environment and Urbanization within two years of what kind of a structure he will build on this land.

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Real Estate Purchase Procedures For Foreigners

A pre-application should be made to the land registry offices for the transfer procedures.
It is necessary to get a sequence number for pre-application.
For this, the phone number 181 can be called, and an application can be made Click!!
After the pre-application, a day is determined for the transfer of the people who will sell and buy the property.
The following documents must be prepared within the specified day:
Title deed document of the property
Passport and photocopy of the foreign national who will buy it (Turkish translation may be required.) "Real Estate Fair Value Document" to be obtained from the municipality where the property is located
Housing and workplace etc. Compulsory earthquake insurance policy for buildings
One photo of the seller and two photos of the buyer
Sworn translator if the buyer does not speak Turkish if the transfer process is carried out with a power of attorney issued abroad, the original or certified copy of the power of attorney (must be a Turkish translation).

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Turkish Citizenship Through Real Estate
Matters You Should Consider Before Buying A House In Turkey

First of all, it should be learned whether the real estate to be purchased has a condition that prevents the sale, such as mortgages or foreclosures (Notary Public or General Directorate of Land Registry and Cadastre)
It is necessary to work with an intermediary firm such as Cab Istanbul, whose reliability is known
In the event of a dispute between the parties regarding the sale of real estate, the right to file a lawsuit in the courts of Turkey should be added to the contract.
It is not sufficient to make a preliminary sales contract in the presence of a notary public for sales. The payment must be completed after the final and official transactions are made at the title deed offices.
The title deed fee (tax) to be paid in house purchases is paid by the buyer and the real estate owner.
You do not need a residence permit to purchase property in Turkey

Mistakes While Buying Real Estates In Turkey
Professional Assistance for Turkish Citizenship

We have been providing car with driver services to investors in the tourism market in Turkey for a long time. Although many companies provide consultancy services for Investments and Lifestyles, they cannot achieve the performance we have achieved. Our company's connections with the real estate sector also enabled us to develop further in the transportation sector.

We guide you to the right places so that you can purchase real estate that meets the requirements of Turkish Citizenship by Investment. Our team of professional and dynamic drivers is ready to assist you with the most suitable options possible. Our lawyers who are experienced in real estate and citizenship rights will assist you throughout the process to facilitate your work on the subject. Cab Istanbul, which has helped hundreds of customers to invest in Turkey in the last 10 years, does not charge any additional fees other than the price of a car rental with a driver. Thanks to our correct guidance, investors' properties continued to appreciate even in 2020-21, when the Turkish lira depreciated. We guarantee solid bargaining power to provide affordable prices and payment terms

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Citizenship Decree of 18 September 2018

The amendment was made to the law on the regulation of the Implementation of the Turkish Citizenship Law dated September 18-2018, in the Official Gazette.

Previously 18 September 2018, in Turkey foreigners buying property for a million USD with the requirement not to sell for three years could be Turkish citizens. With the decree dated March 2022, this amount was changed to 400 thousand USD...