Acquisition of Turkish Citizenship through Real Estate Investment
Due to the economic and labor needs of countries, it is possible to grant their national citizenship to foreign citizens in various ways. This situation is described as citizenship acquired later. In Article 14 of the Regulation on the Implementation of the Turkish Citizenship Law, the statuses of subsequently acquired citizenship are divided into four: general acquisition of Turkish citizenship, exceptional acquisition of Turkish citizenship, re-acquisition of Turkish citizenship and acquisition of Turkish citizenship through marriage. In this article, the issue of acquiring Turkish citizenship through real estate investment, which is one of the exceptional methods of acquiring Turkish citizenship, will be explained.

As a condition for acquiring Turkish citizenship through real estate, with the "Regulation on Amendments to the Regulation on the Implementation of the Turkish Citizenship Law" published in the Official Gazette No. 30540 on September 19, 2018 in Turkey, this amount can be purchased by purchasing real estate worth 400,000 USD or its equivalent foreign currency or its equivalent Turkish Lira. It is made possible by purchasing This change is the reason why acquiring Turkish citizenship through real estate is the most preferred method. If the necessary conditions for acquiring Turkish citizenship through real estate investment are met, the right to Turkish citizenship is also provided to the spouses of foreign citizens of the investor and their and their spouse's minor or dependent foreign children.

Necessary Conditions…
In order to acquire Turkish citizenship through real estate investment, according to subparagraph b of the 2nd paragraph of Article 20 of the Regulation on the Implementation of the Turkish Citizenship Law;

Purchasing real estate or establishing a condominium or floor easement for at least 400,000 US Dollars or its equivalent in foreign currency,
To have the purchased real estate annotated in the land registry on the condition that it will not be sold for 3 years, or to have the notarized contract promising the sale of the real estate, for which the fee has been paid in advance, be annotated in the land registry with the commitment that no transfer or cancellation will be made for 3 years,
All these situations must be determined by the Ministry of Environment and Urbanization.
It would be appropriate to explain the concepts of "condominium ownership" and "floor easement" stated above:

Floor easement; It is defined as the ownership right of a building whose construction has not yet been completed. Floor easement is a type of easement based on land share, and is converted into condominium ownership ex officio in accordance with the conditions specified in the Condominium Law No. 634, based on the building occupancy permit issued for the entire building.
If it is a condominium; It can be explained as the property right established in buildings whose construction has been completed and an occupancy certificate has been obtained for the building in question.

Conditions for Acquiring Citizenship through Real Estate Investment
If foreign citizens who want to acquire Turkish citizenship by acquiring real estate sell or dispose of the real estate they have purchased with a minimum value of 400,000 USD or another foreign currency or Turkish lira after having it declared unsellable for 3 years, their citizenship applications or the citizenship they have already acquired can be canceled within the framework of gaining citizenship through real estate investment. is done.
It is also possible to purchase real estate with a minimum value of 400,000 USD or equivalent foreign currency or Turkish lira as a result of purchasing more than one real estate. In such cases, in order for foreign citizens to acquire Turkish citizenship by investing in real estate, all of their real estate must have separate title deeds, each must belong to the same investor, and all of them must be marked as unsellable for 3 years.
In order to gain Turkish citizenship through real estate acquisition, real estate valuation must be reported by an expert authorized/licensed by the Capital Markets Board.

You can access the Required Documents for Acquiring Citizenship through Real Estate Investment and the Required Documents for Real Estate Purchased for Real Estate Investment by contacting us.

Turkish Citizenship Acquisition Process with Real Estate Investment
• First of all, it is necessary to purchase one or more real estate with a minimum value of 400,000 USD or the equivalent foreign currency or Turkish lira, the amount of which is determined by an authorized/licensed expert by the Capital Markets Board.
• The purchased real estate must be annotated with the Land Registry Directorate, provided that it is not sold for 3 years.
• For the real estate annotated in the title deed, a response of conformity based on acceptance of the application must be received from the Land Registry Directorate.
• A letter must be obtained from the General Directorate of Population and Citizenship Affairs stating that the real estate purchased is suitable for citizenship.
• Along with the eligibility response, an application for a residence permit must be made to the Immigration Administration in the province where the real estate is located.
• The residence permit card, which will usually arrive within a few weeks, must be sent by the General Directorate of Migration Management.
• All personal documents requested from the foreigner must be approved by the authorities of his/her own country.
• It is sufficient to obtain the said residence permit only by the real estate investor. Family members of the investor are not required to obtain a residence permit for Turkish citizenship.

Finalization of the Process of Acquiring Turkish Citizenship through Real Estate Investment
After obtaining a residence permit, it is also possible to apply for citizenship to the Provincial Population and Citizenship Directorate in the governorships.
Following the completion of the necessary documents and process, citizenship applications of foreigners are evaluated by the General Directorate of Population and Citizenship Affairs; The decision regarding the acquisition of Turkish Citizenship by persons who do not have any obstacle in terms of national security and public order is submitted to the approval of the President. The final decision is made by the President.
It takes approximately 2-4 months for the citizenship application of a foreigner, which is evaluated by the General Directorate of Population and Citizenship Affairs and approved by the President, to be finalized.

According to Article 12 of the Turkish Citizenship Law, whether people who have a short-term residence permit as a result of acquiring Turkish citizenship through investment are entitled to Turkish citizenship is determined by the decision of the President. In accordance with the Turkish Citizenship Law and the Regulation on the Implementation of the Turkish Citizenship Law, subsequent acquisition of citizenship does not extend to spouses. However, in case of acquisition of citizenship through investment, which is an exception to this situation, that is, in case of acquisition of Turkish citizenship by real estate investment, it is possible to grant the right of citizenship not only to the foreign investor, but also to the investor's foreign spouse, and his and his spouse's minor or dependent foreign children.

To start your application for Acquiring Turkish Citizenship through Real Estate Investment and get detailed information from our expert staff, please contact us on our contact numbers Mehran Tercümanlık Danışmanlık Head Office: +900212 909 87 25 Office: +900850 762 93 44 Mobile Phone: +900544 105 93 44 Mobile Phone: +900537 991 93 44 go ahead.