Real estate ownership in Turkey is one of the most important goals of investors who wish to start development and tourism projects in a country characterized by the diversity of its natural terrain and charm, such as Turkey. Obtaining Turkish citizenship after owning real estate is the investor’s winning card that qualifies him to obtain all the features and facilities of investment in Turkey.
In the following article, we will introduce you to the steps to obtain Turkish citizenship after owning real estate, and what are the papers and documents required to obtain Turkish citizenship?
Conditions for obtaining citizenship after owning real estate
Many investors want to obtain Turkish citizenship through real estate ownership, but not any real estate or any investor can do so, as there are a set of conditions that must be met to obtain Turkish citizenship, and among these conditions:
● The value of the property should be 400 thousand dollars or its equivalent in Turkish lira.
● The investor wishing to buy the property must be of one of the nationalities included in the Naturalization Law in return for purchasing the property.
● The commitment of the real estate buyer to not sell it before at least three years from the date of its purchase.
● The foreign investor obtains a real estate appraisal from a specialized real estate appraisal company approved by the Turkish government.
● The property must be registered regularly in Turkey within the Land Registry Department.
● The price of the property must be paid in Turkey by bank transfer.
● the main property owner must be Turkish, or that the property is owned by a Turkish construction company.
Steps to obtain Turkish citizenship after owning real estate
After purchasing the property, there are several steps that must be followed to obtain Turkish citizenship after owning the property. These steps are:
● Obtaining an appraisal and a letter of authentication for the property after purchasing it.
● Obtaining a residence permit for the investor.
● Submit an application for citizenship.
Documents required when applying for Turkish citizenship after owning a property:
● A copy of the passports translated and certified by a notary in Turkey for each foreigner, his wife and children under eighteen years of age, in case he wishes to grant them citizenship.
● Family book or family statement translated and certified by a notary in Turkey.
● Two documents of disclaimer for each of the investor and his wife.
● Two personal photos for each family member.
● Title deed for the property.
● A valid real estate appraisal document for the real estate specified in the citizenship application.
● Receipts of amounts paid from the buyer’s account bearing the seal of the sending bank
● Receipts for amounts received from the seller’s account bearing the seal of the receiving bank
● Every document issued outside Turkey must be attested by the Ministry of Foreign Affairs of the country issuing it and the Turkish representative in it.
● A clean record document from inside Turkey for all applicants to obtain Turkish citizenship
● An application form for obtaining Turkish citizenship for the investor, if the wife and children are included in the application, this must be indicated.
Ryan Homes is your easiest way to obtain Turkish citizenship through real estate ownership Ryan Homes Real Estate Investment Company is the best company that provides its services in this field and makes it easier for investors to obtain Turkish citizenship through:
● Offering multiple options for buying real estate to the investor at the most appropriate prices and in vital areas that qualify for profitable investment.
● Our team is specialized and qualified to follow up the investor’s naturalization process from the moment of purchasing the property up to the moment of obtaining Turkish citizenship.
