Obtaining Turkish citizenship by buying a property is one of the most famous and most appropriate ways to buy a property, or in other words, real estate investment. It is the fastest and most beneficial. You will not only have obtained citizenship but have also started your investment project or found an ideal place to live and settle.
In this article, we will provide you with some information about Turkish citizenship and the importance of obtaining it by buying real estate. If this topic interests you, follow these lines with us to the end.
Why is there such a high demand for citizenship?
There are many reasons why someone might want to obtain citizenship in another country and here are some common reasons:
- They may want to live in this country permanently and enjoy the benefits that come with being a citizen, such as access to free healthcare and education.
- They may want to work in this country and take advantage of the opportunities available there.
- They may want to retire in that country and enjoy a lower cost of living.
- They may want to invest in real estate or start a business in that country.
- They may feel a strong connection to the culture, history, or people of that country.
Conditions for obtaining Turkish citizenship through real estate investment
Here are the conditions for obtaining Turkish citizenship through real estate investment:
- The applicant must have owned real estate in Turkey worth at least USD 400,000 for at least three years.
- The applicant must have held a residence permit for at least six months before applying for citizenship.
- The applicant must not have been convicted of any crime in Turkey or his home country.
- The applicant must be able to prove that he has enough income to support himself and his family.
- The property must be purchased from a Turkish citizen or a Turkish construction company in particular.
- The full price of the property must be transferred through a Turkish bank.
- The real estate appraisal document must be extracted, which controls the prices of real estate and prevents any price manipulations from occurring on the part of the seller or the buyer.
- Check whether the property was previously used to apply for citizenship or not, as the property used for that purpose is not suitable to apply through it again.
Note: Violation of any of the previously mentioned conditions makes the property unsuitable for applying for Turkish citizenship, so you should be somewhat careful.
Documents required to obtain citizenship through real estate
To obtain Turkish citizenship through real estate investment, foreigners must first obtain a residence permit and the following documents are required for application:
- A valid passport.
- A completed application form.
- Evidence of sufficient financial resources.
- Proof of health insurance.
- Criminal background check.
- Real estate appraisal document.
The most prominent problems of obtaining Turkish citizenship
Obtaining this citizenship is completely safe and hassle-free, in contrast to many European countries that put buyers in front of many complications, the most important of which are:
- Some problems get in the way of people trying to obtain Turkish citizenship. The first and most obvious is the cost as Turkish citizenship can be very expensive.
- Another problem is the language barrier. Many people who want to obtain Turkish citizenship do not speak the language fluently and this can make it difficult to navigate the process and understand the requirements.
- There is the problem of paperwork as the process of obtaining Turkish citizenship requires a lot of documents. It can be easy to make a mistake or forget something important and this can cause delays in the process and may lead to rejection.
- The applicant must be able to show evidence of financial stability, such as owning a property in Turkey or having a stable income from work or investments which may not be possible for many people.
Is Turkish citizenship withdrawn from the holder?
There is no difference that Turkish citizenship is granted to its holder without being threatened with withdrawing it from him. Still, in some cases, he will be threatened if he performs certain acts stipulated in the Turkish Constitution, the most important of which are:-
- If a person obtains Turkish citizenship by fraudulent means
- If a person is sentenced to prison for committing a crime against state security or belonging to an armed terrorist organization
- If a person has been sentenced to imprisonment for a crime punishable by imprisonment for at least 3 years, and if this sentence is confirmed by the Supreme Court.
- If the person is proven to be involved in activities against the national interests of Turkey, or is found to be involved in espionage for another country.
What are the advantages of buying real estate in Turkey?
In addition to the fact that you will have obtained Turkish citizenship by buying a property in Turkey, many other advantages push you to such a decision, the most important of which are:
Turkey has become one of the most attractive countries in the world for real estate investment in recent years.
There are many reasons for this, but the main ones are:
- The Turkish economy is proliferating and is expected to continue to do so in the coming years and this makes investing in Turkish real estate a very safe bet
- Real estate prices in Turkey are still relatively low compared to other countries in Western Europe and North America and this means that there is potential for significant profits in the future.
- The Turkish government offers several incentives to foreign investors, such as tax breaks and residence permits.
- Turkey is a beautiful country that has a lot to offer, both in terms of culture and landscape and this makes it an ideal place to live as well as invest.
These are the most important details that you are interested in knowing about the issue of obtaining Turkish citizenship. If you have more inquiries, you can follow our website, which contains many other reports that deal with this aspect, as well as you can see some aspects of the real estate sector in Turkey and find answers to your inquiries perfectly.
To obtain citizenship through real estate investment safely and thoughtfully and without facing problems, do not hesitate to tell our advisors so that they will accompany you from the beginning to the end.
Advantages of buying a property in Turkey with Number One Real Estate:
Number One is one of the leading real estate investment companies in Turkey, providing all kinds of real estate services within the Turkish real estate market
We offer our clients all types of real estate from
Villas for sale in Istanbul by the sea, cheap real estate for sale in Istanbul, office apartments and shops in various regions of Istanbul, apartments within the most luxurious residential complexes in Turkey, we take care of the procedures for obtaining Turkish citizenship and real estate residence
Related Articles:
Do Installment Apartments Grant Turkish Citizenship?