Obtaining الجنسية التركية by purchasing real estate has become the most attractive to foreign investors during previous periods. How is that?! What is the mechanism?! Let’s find out in the article
The Turkish government is always seeking to attract investors to it, and this is not new. Rather, it has been going on for fifteen years or more, after issuing a package of incentive laws for foreign investors through purchasing real estate and obtaining Turkish citizenship. How can this be then?!
Of course, there are conditions and instructions in order to guarantee the acquisition of Turkish citizenship, and this is what we will talk about step by step through the experience and expertise of the Damas Turk Real Estate field team, with specialists from Turkish lawyers whose only concern is to ensure the purchase process and your acquisition of Turkish citizenship with the family as well, so what is it? Ideas for our article today?!
First, the main conditions for obtaining Turkish citizenship through purchasing real estate
Secondly, the documents required to obtain Turkish citizenship through purchasing real estate
Third, the advantages of Turkish citizenship through real estate investment
Your comprehensive guide to obtaining citizenship by purchasing real estate
First, the main conditions for obtaining Turkish citizenship through purchasing real estate
There are several conditions in order to achieve this process in a safe and secure manner. Therefore, an expert real estate consultant and Turkish lawyers must be available to be with you on this journey, as they guide you during the purchase of real estate on the one hand, and guarantee you the methods of transferring funds and introduce you to the necessary laws and conditions. The most prominent of these conditions are:
First, purchase real estate worth $400,000
Is it possible to buy a property or several properties at this value?! It makes no difference at all whether it is one property or several properties. What is important is that the total value is more than $400,000, and is registered in the real estate records as well, and the value of the transfers is also the same, and the real estate valuation matches it. Anything less than that is circumventing the law, which constitutes a danger. It causes later problems.
Secondly, seizure of real estate for a period of three years
After purchasing real estate and obtaining ownership documents, you must submit these papers to the lawyer, because he will seize the real estate in your name and based on the requirements of the Naturalization Law that the duration of the seizure extends to three years. This seizure must be completed in the real estate records and before submitting the citizenship application. Turkish.
Third, exchange money at the Central Bank and obtain a currency exchange certificate
This law was recently issued in 2021, as the Turkish government approved a circular requiring the value of real estate, i.e. “400 thousand dollars,” to be exchanged into the Turkish lira exclusively through the Central Bank. This is to ensure the value of the exchange rate for you on the one hand and to circulate funds through the Turkish Central Bank on the other hand. Accordingly, you will be handed a document called a currency exchange certificate, which in Turkish is DÖVİZ ALIM BELGESİ.
Fourth, transfer funds via bank transfer exclusively from the buyer directly to the owner
This condition is very sensitive and requires experts to ensure the process of transferring funds and obtaining the title deed by the owner, which is required by the law of obtaining الجنسية التركية in exchange for purchasing real estate, which is concerned with transferring all the value of these properties from the bank account of the buyer to the bank account of the owner directly. And also obtain transfer receipts stamped and signed by the bank in order to present them during the naturalization application to obtain a certificate of conformity.
Secondly, the documents required to obtain Turkish citizenship through purchasing real estate
Everyone asks what documents are required to apply for Turkish citizenship by purchasing real estate, and they are as follows:
All family passports with children under the age of eighteen “certified and translated”
All birth certificates for the family “certified and translated”
Certificate of conformity issued by the General Land Registry Directorate.
The original marriage certificate translated and certified.
Agencies that grant the lawyer the right to apply.
Naturalization forms that show each person’s data.
The value of the application tax, which changes with each year, but is very symbolic
Third, the advantages of Turkish citizenship through real estate investment
The advantages of Turkish citizenship through real estate investment are many, but there are several advantages that surface, so to speak, and they are the following:
Obtaining a Turkish identity and enjoying all the rights of a Turkish citizen completely.
Obtaining the Turkish passport, which ranks thirty-fourth in the world and allows entry to 124 countries without a visa.
Legal presence in Türkiye and the possibility of running for office and being elected as well.
Turkish citizenship opens many doors for investors to enter the world of the Turkish investment sector.
Real estate in exchange for Turkish citizenship is available in the best countries in the world in terms of investment and lucrative returns as well
Buying real estate in Turkey, which is considered the closest to the Arabs in terms of environment, location, and culture, is an advantage in itself.
Damas Turk Real Estate has offices in the most important Turkish cities to serve you and anyone who wants to شقق للبيع في اسطنبول and obtain Turkish citizenship. Do not think too much, but save you effort and time and contact us so that you get the best property with a profitable real estate investment in Turkey.. Contact us now
