Istanbul has become the economic and cultural capital of Turkey, an attractive destination for investors and those interested in obtaining Turkish citizenship, as it has become known that 40% of real estate sales in Istanbul come with the aim of obtaining Turkish citizenship and this prominent ratio reflects the attractiveness of this unique city that combines historical heritage with modernity, and is characterized by its cultural and economic diversity.

Advantages of buying Istanbul real estate for the purpose of Turkish citizenship

1. After obtaining Turkish citizenship, you have the right to travel to and reside in Turkey without time restrictions, which gives you the opportunity to enjoy all the experiences and opportunities that Istanbul has to offer.

2. Istanbul is witnessing strong economic growth and an increase in national and international investments and this means that the value of real estate may increase over time, giving you a good opportunity to increase capital.

3. Istanbul is a crossroads between European and Asian continents, which makes it a vital economic and commercial center and this location enhances investment and trade opportunities.

4. The city offers a wide range of real estate options, from luxury apartments in towers overlooking the Bosphorus to villas in quiet areas, you can choose the property that best suits your needs and preferences.

5. Istanbul is characterized by a lively cultural and social life and you can enjoy a variety of cultural, artistic and entertainment events throughout the year.

6. It is famous for its well-developed infrastructure, including public transportation and modern facilities and this makes life in it comfortable and convenient.

7. Turkey is working hard to improve the investment environment and simplify procedures and government laws and policies provide assistance and facilities for foreign investors.

Buying Istanbul real estate for the purpose of Turkish citizenship

Obtaining Turkish citizenship by purchasing real estate in Istanbul is one of the easiest, most efficient and fast means and in mid-2012, the Turkish parliament removed restrictions on citizens of 183 countries around the world, which opened the door for them to own real estate in all regions of Turkey except for prohibited areas such as security and military zones. .

In the latest amendment to the law on granting Turkish citizenship through real estate ownership in May 2022, clear conditions were set, according to this amendment, and the foreign investor must purchase a property with a value of no less than $400,000, and it is stipulated that the property must not be sold for a period of no less than three years.

These reforms and amendments enhance Turkey's attractiveness as an attractive investment destination and make it easier for foreign investors to obtain Turkish citizenship by purchasing Istanbul real estate.

The papers required when buying Istanbul real estate for the purpose of Turkish citizenship

1. Submit a reliable real estate appraisal report proving that the value of the property is not less than $400,000.

2. A receipt proving the conversion of foreign currency into Turkish currency through the Central Bank of Turkey.

3. Submit a receipt proving the transfer of the value of the property in Turkish lira (equivalent to 400,000 dollars) to the seller's account.

4. Obtaining a document corresponding to the Turkish nationality, which is obtained from the Ministry of Environment, Urbanization and Climate Change.

5. Obtaining a real estate title deed document (complete or easement), which is issued by the Directorate of Land Registry and Land Survey.

6. Submit translated and certified copies of the passports of the investor, his wife and children under the age of 18.

7. Obtaining the wife's written consent on her and her children's right to obtain Turkish citizenship, or her refusal to do so.

8. Provide the investor's tax number.

9. Proof of nationality, as this proof is required from nationalities whose names are not mentioned in their passports.

What are the steps to obtain Turkish citizenship?

1. The procedures for obtaining Turkish citizenship include submitting the file "Application for Obtaining Turkish Citizenship", with attached documents.

2. The file is submitted to the branch of the Presidency of Turkish Immigration and Foreign Affairs in the state and region in which the applicant resides.

3. If the applicant applies for Turkish citizenship through investment, he is granted what is known as "investor residence", which is a temporary residence in preparation for obtaining Turkish citizenship.

4. The steps to obtain Turkish citizenship include different stages, where the application is transferred to the government institutions and ministries concerned with granting citizenship and these stages include the "security stage" known as the fourth stage, which includes a thorough security audit of the applicant.

5. After successfully passing all the stages, the applicant receives a text message informing him of the approval to grant him Turkish citizenship and the stages usually take about eight months, with the exception of exceptional citizenship, which may take about two years.

6. The applicant is notified by the Civil Status Directorate via a text message of the need to visit its branch in the area in which he resides with his family and there, a fingerprint will be taken and then a Turkish ID will be obtained and this step is the last step to confirm the acquisition of Turkish citizenship.

What are the reasons for withdrawing Turkish citizenship?

1. If it is discovered that the person has acquired Turkish citizenship by providing false information or through illegal or fraudulent procedures.

2. If the person is convicted of a serious crime and sentenced to a long prison term, this conviction may lead to the withdrawal of Turkish citizenship.

3. If a person is found to be acting against the interests of Turkey in ways that are considered harmful or dangerous, citizenship can be revoked.

4. If the person is found participating in the activities of a terrorist organization or having affiliation with it.

5. If a person has lived outside Turkey for more than five years without contacting the Turkish authorities or showing interest in Turkish interests, this can be grounds for revoking citizenship.

Common questions

What are the main requirements for obtaining Turkish citizenship by buying a property in Istanbul?

The investor must purchase the property for a minimum value of $400,000 and must not sell the property for at least three years.

What happens if the property is sold before three years have passed?

If the property is sold before three years have passed from the date of its purchase, Turkish citizenship cannot be obtained.

Does the citizenship program include family members?

Yes, the investor can include his wife and children under the age of 18 in the citizenship application.

Related Article:

apartment prices in Turkey.

Turkish citizenship through real estate investment 2023.

Apartments for sale overlooking the Bosphorus in Istanbul.

Istanbul's earthquake resistant real estate.

types of Turkish passport.

Features of residential complexes in Istanbul.

Apartments for sale in Turkey in installments.

A comprehensive guide about real estate residence in Turkey.

A report about apartment prices in Turkey.

cheap apartments in Istanbul.

Steps to buy villas in Turkey in detail.

goals for buying an apartment in Istanbul.

real estate investment methods in Turkey.

real estate market in Turkey.

tips when owning real estate in Turkey 2023.

#apartments_for sale_in_Istanbul #kataliyaproperty #Turkish_Citizenship

#real estate_investment #Turkey_real estate