Due to the fact that Turkish nationality is one of the most important nationalities in the world and the many questions that are raised about it, the editorial team at ISTHOMES Real Estate Company chose to highlight some aspects related to it, hope you enjoy reading.
The most important conditions for obtaining Turkish citizenship are investing or buying real estate, and to obtain it, the individual needs to buy a property worth at least $400,000 and not sell it within 3 years.
Or they must deposit a minimum of $500,000 in Turkish banks, which must remain there for at least 3 years. Moreover, a person can also invest a fixed value of $500,000 and sell specific foreign currencies to the Central Bank of Turkey through active banks in the country.
Finally, the Turkish lira resulting from the sale of dollars to the Central Bank of Turkey must be kept in lira accounts with banks or in one of the government debt instruments for a period of not less than 3 years, and all these strict conditions are put in place to ensure that potential citizens meet all criteria before obtaining them.
A Turkish citizen has many advantages that make it a desirable choice for many international investors. Investing in real estate in Turkey can be very profitable, and the minimum amount required to do so is relatively low compared to other countries.
Obtaining Turkish citizenship not only provides the full rights of the Turkish citizen, but also grants access to free medical care and education, and the holder of citizenship has the right to open bank accounts and obtain loans to serve his business or pay installments.
Moreover, the strength of the Turkish passport allows access to 62% of countries without a visa or upon arrival, making travel much easier. In addition, the diverse culture and ever-developing infrastructure make it an attractive option for residence.
Obtaining Turkish citizenship is not a difficult process as long as one possesses the necessary documents. The required papers include an application form, a valid passport, a recent photo, proof of the applicant's current address, proof of identity and nationality, criminal background check, proof of investment or financial means, and a certificate of conformity. From one of the above authorities.
In addition to these documents, the applicant must also provide proof of Turkish language proficiency and any other documents that may be required by the competent authorities.
Marriage is one of the most common ways to obtain Turkish citizenship, and according to the amendments to the law, foreigners married to a Turkish citizen can obtain it after living in Turkey for three consecutive years. Especially if the marriage took place abroad.
The conditions for obtaining exceptional Turkish citizenship for those who have presented a scientific or technical achievement are relatively clear. These applicants must provide evidence of their scientific or technical achievement, be of good morals and have no criminal record. In addition, they must be over 18 years old. They have resided in Turkey for at least two years and have no debts to the government. Furthermore, applicants must prove their financial ability to support themselves and their families.
The Turkish government has the right to revoke citizenship from its holders according to certain circumstances. It is important to note that this decision was not taken lightly, as it has serious repercussions for those involved. For example, a person's residence permit may be revoked, and his ability to vote may be revoked. elections, and may find themselves in a legal stalemate.
Turkish citizenship is generally withdrawn in cases of fraud or misconduct, such as using false documents to obtain citizenship or some criminal activities. It can also be revoked for a person who acquires dual citizenship through fraud or misrepresentation. In addition, Turkey reserves the right to withdraw it from its citizens accused of espionage or treason against the country.
Most foreigners have benefited from the Turkish government's decisions and obtained Turkish citizenship through real estate investments, and Iranians, Afghans, Iraqis and Yemenis are among the best nationalities that have been obtained through investing in real estate over the past four years. In total, 17,968 people from 122 countries have obtained Turkish citizenship since Launch the program.
The program has been revised three times since then, with the latest amendment raising the property value needed to qualify from $250,000 to $400,000. Despite this price increase, the program remains a popular choice for foreign investors.
Is nationality alone what makes a great demand for real estate ownership in Turkey? Certainly not, as there are many other motives, including:
- The country's economic stability, political stability and excellent infrastructure make it a desirable destination for foreign investors.
- The country's vibrant culture and stunning landscapes also make it a wonderful place to live in. Coupled with many benefits, it is no wonder why foreigners are eager to buy real estate in Turkey and become citizens of it.
- Another major factor is its location. Located at the crossroads of Europe, Asia and Africa, Turkey has become a center for international trade and investment.
- Turkey offers a wide range of options for those who want to buy real estate, from urban apartments in bustling cities to luxury villas on the coast and for those looking for an excellent investment opportunity.
The idea of buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.
Do not forget that investing in real estate in Turkey is only a way to gainTurkish citizenshiporreal estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.
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