Obtaining Turkish citizenship is a goal for some foreign investors on Turkish soil, and an additional advantage for others...

But in any case, many still aspire to obtain Turkish citizenship through real estate investment and take advantage of the advantages of the Turkish passport

And also enjoy various facilities when planning investments in Turkey.

The Turkish government keeps pace with the development of the conditions for real estate ownership with the aim of naturalization, so that the conditions after the modernization become:

The Turkish Ministry of Environment and Cities has set some conditions in the Turkish citizenship law for foreign investors, and this law included a set of conditions:

The first condition: The investor must meet one of these five conditions in order to be able to apply for citizenship, which are: buying a property worth at least $400,000, or a fixed investment of $500,000, or providing job opportunities for at least 50 Turkish citizens, or making a deposit The sum of 500 thousand dollars in a Turkish bank with no withdrawal for three years, and finally the purchase of state bills worth 500 thousand dollars.

The second condition: A pledge must be made not to sell the property acquired for the purpose of citizenship for a period of three years, after which the ban on selling the property can be lifted based on an application submitted by the property owner.

The third condition: Obtaining a report prepared in accordance with valuation standards and by a real estate appraiser approved by the Turkish Capital Authority to determine the value of the property that the buyer wishes to purchase in the market.

The fourth condition: that the property is purchased from a Turkish owner or a Turkish construction company, and that the bank transfer is made in a regular manner according to the latest amendments in the new decision of 2022.

Fifth condition: The property purchaser must be an adult and one of the nationalities that fall under the decision to naturalize real estate investment, and the owner’s wife and children obtain citizenship if they are under the age of 18.

Edited By Aldar Real Estate ©