If you are interested in obtaining Turkish citizenship and benefiting from its advantages through real estate investment, do not hesitate to follow this article prepared by the editorial team at IstHomes Real Estate Company, which deals with the recent amendments in this regard that were presented by the Turkish government at the beginning of the year.
First: It is no longer possible to collect the value of the real estate you own in Turkey to apply for Turkish citizenship, even if the total price is identical, but the investment must be in only one real estate.
Second: If the real estate appraisal document was issued before the sale procedures began, then it will not be suitable for applying for Turkish citizenship, but the date of its issuance must be with or after the start date of the sale.
Third: It is not possible to obtain Turkish citizenship in exchange for a share in a property, even if the price of the share is in accordance with the conditions of Turkish citizenship, as the property must be owned by only one person.
Fourth: The real estate that is on the plan does not entitle its owner to apply for Turkish citizenship even if its price matches the conditions for obtaining Turkish citizenship, as the real estate must exist on the ground or be under construction.
Fifth: Among the new conditions issued by the Turkish government, the property must be in recent years and has not been transferred to the ownership of a Turkish person.
In addition to all of the above new provisions stipulated by Turkish law, there are many other conditions that must be adhered to, as follows.
The value of the real estate must be paid through a Turkish bank.
The property must be previously unused in order to obtain it.
The real estate appraisal document is essential and the reason for this is that it determines the true real estate value of the property.
Do not buy real estate from a Turkish side, whether individuals or companies.
Commitment after selling the property before the lapse of at least 3 years.
The price of the property should not be less than 400 thousand US dollars, and this is a prerequisite.
One of the main reasons why many investors want to obtain Turkish citizenship through real estate investment specifically and not through other methods is that the investor will not have acquired one of the most important nationalities in the world, but also he will have started his profitable investment project in countries that have all the elements of his distinction.
Obtaining Turkish citizenship can be an important step for anyone who wants to take advantage of the many benefits that come with it. Citizenship offers a wide range of benefits, from access to legal and economic security to the right to vote in elections and even the ability to travel more freely. And with Turkish citizenship, you are granted They are also protected under the laws of Turkey, giving you greater peace of mind in the event of any unforeseen situation. In addition, Turkish citizens have access to free healthcare and education, which provides them with greater opportunities for personal and professional growth. Ultimately, access can provide Turkish citizenship has a great advantage in the pursuit of a better quality of life.
To obtain Turkish citizenship, the applicant must submit a set of documents to prove his eligibility. These documents include a valid passport or national identity card, proof of residence in Turkey, proof of Turkish language ability, criminal record check, bank statements, and proof of economic status.
In addition, applicants must submit copies of birth certificates of all family members, marriage certificates if any, and other legal documents that may be required by the authorities and applicants must also arrange an interview with the relevant authorities in order to finalize the process.
The conditions for obtaining Turkish citizenship may be somewhat difficult.
It may take a long time to obtain it, as this matter varies from person to person.
The subject of speaking Turkish is a hindrance for many.
Its costs may be high, such as the value of real estate investment, which should be 400 thousand US dollars, as this may be difficult for some.
There are various cases in which the Turkish government may refuse to grant citizenship to an individual, for example, if the applicant is deemed to be a threat to national security or public order, he may be denied citizenship.
In addition, if the applicant has been convicted of a crime or is involved in criminal activities, he may also be denied. Furthermore, if the applicant does not meet certain financial criteria, such as having sufficient funds to support himself and his family, his application may be rejected. Finally, if the applicant is unable to provide the necessary papers or documents to support his application, he may be denied them.
There is no doubt that Turkish citizenship through real estate investment is a unique option and needs the shortest time, but this does not negate the existence of many other methods that some resort to .. namely:
Commercial investment worth $400,000 USD.
Bank deposit of $500,000 USD.
Marriage to a Turkish citizen.
Exceptional nationality for those who have presented a scientific or technical achievement to the Turkish state.
Adoption.
Proof of belonging to the Turkish state.
Employing 50 Turkish people in a job.
We offer our clients extensive assistance throughout the process, from the initial application to the final outcome and our team of experts helps ensure that all necessary documents are completed and submitted in a timely manner, thus helping clients navigate the complexities of the application process. Moreover, we are familiar with Turkish immigration law and can answer any questions or concerns you may have.
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