apartments suitable for obtaining turkish citizenship

In this article, we will explain to you about apartments suitable for Turkish citizenship and recent updates on the Turkish citizenship law

Obtaining Turkish citizenship by buying apartments in Turkey is one of the most common options for anyone who wants to benefit from the advantages of this citizenship and how easy it is to obtain it .

According to studies, 40% of those intending to own real estate, obtaining citizenship is their goal, for more details, read the following lines with us.

What are the specifications of apartments suitable for obtaining Turkish citizenship?

Its price shall not be less than 400 thousand US dollars.

It should not be sold before the lapse of at least 3 years.

Its value must be paid through a Turkish bank.

The real estate appraisal document must be extracted which determines the real property value.

The apartment must not have been previously used to obtain citizenship.

There is no problem in choosing the type of apartment, as all types of properties are suitable for obtaining it.

The latest updates about the Turkish Citizenship Law

The price for the property must be available in one sale contract, and there is no longer a possibility to distribute the required value to more than one property.

It is not possible to apply for it if you are a shareholder in the ownership of a property, even if the share of one person is 400 thousand dollars or more.

It is not possible to obtain citizenship by purchasing an off-plan property, while this was possible before.

The real estate appraisal report that is extracted before the start of the sale process will not be suitable for use, a new one must be extracted.

A property owned by a Turkish citizen in the last three years will not be eligible for Turkish citizenship.

Turkish Nationality Law from 2018 to 2022

In late 2018, a decision was issued to reduce the value of the minimum amount of real estate suitable for obtaining Turkish citizenship from one million US dollars to 250 thousand US dollars.

In the middle of last year 2022, the Turkish government issued a decision to raise the minimum amount from 250,000 US dollars to 400,000 dollars, in order to be more selective in light of the large influx towards it.

Do you find projects for sale eligible for Turkish citizenship?

It is easy to find apartments for sale in Turkey that are suitable for obtaining Turkish citizenship, especially in modern areas, where they are full of distinctive projects with sea views at times and views of green spaces at other times, you can ask our consultants at Kataliya property Company about the most important opportunities available to choose from and to benefit from the set of advice and instructions that we are keen to provide continuously.

Pros of being a holder of a Turkish citizenship :

Obtaining Turkish citizenship offers many advantages to foreigners, and one of the strongest advantages is the ability to access 121 countries without a visa upon entry, in addition, Turkish citizens have the right to have a dual citizenship, which means that they can hold two passports at the same time, in both the government and private sectors, it is also easier with Turkish citizenship, as work permits are no longer necessary and for entrepreneurs, it provides them with an investor visa, which makes investing in all fields much easier, moreover, Turkish citizens can enjoy free medical treatment.

Also, all family members can obtain it, children under the age of eighteen, if they are older than that, then they must search for a suitable residence for them, such as a student or tourist residence permit.

The importance of obtaining citizenship through real estate investment :

It is the most common method among those interested in obtaining Turkish citizenship, as it does not mean only obtaining it, but also starting the strongest investment project and obtaining high returns, do not forget that the prices of real estate and apartments in Turkey do not stand at a constant state for a long time, but rather are constantly increasing according to the volume of demand.

The procedures for obtaining Turkish citizenship :

According to the chosen investment category, the application must be submitted through the concerned authority, which will study the person’s file, his security situation, and the extent to which he completes the required papers.

All required documents must be completed.

Commit to all conditions without any flaws, as the process in general requires accuracy so as not to delay the issue or reject it completely.

After the safety of the steps is confirmed, the applicant will be notified of a date to receive it, and if you are wondering about the time it takes, it ranges from 3 months to 6 months.

Is the real estate appraisal document a must when applying for citizenship?

According to what is stipulated in the Turkish law, one of the basic conditions is that the real estate appraisal report must be extracted, because its main task is to determine the real value of the property without any increase or decrease, and it can be obtained from a company that has a license from the Turkish government and is valid for three months from the date of its issuance only.

Documents required to obtain Turkish citizenship :

Obtaining Turkish citizenship through real estate investment requires a set of documents, and investors must submit a copy of the original passport, translated by a translator certified by the notary, in addition to three translated copies of the passport certified by the notary or the consulate of the country of origin and in addition applicants must submit biometric photos, application form and translate complete documents to Turkish.

Apartments for sale in Istanbul suitable for citizenship :

According to official statistics, most of the real estate sold in Istanbul in recent years was for the purpose of obtaining Turkish citizenship as this city has witnessed a lot of development, it owns dozens of luxury real estate projects of a modern and elegant style, and it contains a wide range of integrated areas with amazing services that provide residents with a life full of luxury if they want to live and settle.

The real estate sector in Istanbul is promising as it is expected to witness a significant growth and a rise in prices, which encourages and confirms that the opportunity is still available to buy at a moderate price and sell in the future at a higher price to take advantage of the price difference between the buying and selling phases.

We are keen to provide the best apartments suitable for obtaining Turkish citizenship, let us know about the specifications suitable for you to get a list of the most important offers available.

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