The most іmроrtаnt provisions of this law are that all financial trаnѕасtіоnѕ for the рurсhаѕе of property through Turkish bаnkѕ, and cannot accept trаnѕасtіоnѕ ѕuсh as cash.
No, after receiving the file with all required documents, the citizenship decision is taken after studying the file at the Turkish government only. Turkish citizenship can be obtained through real estate investment with more than $400 thousand in Turkey, along with a pledge not to sell the property for 3 years. We do perform legal services for property purchase and management for foreign clients.
Reach us for Turkish Citizenship Application Lawyers
In March 2021, the Turkish government amended the rules for real estate transactions between foreigners. The object can be used to participate in the citizenship program only once. If an investor bought an apartment and then sold it to another foreign citizen, he will not be able to obtain citizenship for the purchase of real estate. If the adult children and parents of the investor have their own sources of income, they cannot be included in the application. To obtain citizenship, they participate in the program as individual main applicants and fulfill the investment conditions.
At the end of 3 years of profitable investment, your money is still yours together with the profit. The consequences of acquiring immigration lawyer are foreseen in Article 20 of Turkish Citizenship Law. According to the first paragraph of the article, decisions regarding the acquisition of Turkish citizenship take effect from the date of the decision.
Simplicity in Law
So if you’re looking to buy, rent, and hold for the long term, this is the perfect option to gain another passport. There is no pre-approval of properties as you’d get with other CBI programs where the real estate is usually overpriced. Ever since January 2017, you can basically buy your way to Turkish citizenship.
The main applicant can benefit from the interest or participation share during the 3 years that the mentioned investment is in the bank account. The most important issue in the payment of the purchase price of real estate is that all payments must be made from the buyer’s bank account to the seller’s bank account. If your children’s age is over 18, they have to make new investment or she/he must have residence permit and living in Turkey for 5-years. With the applicant doing investment, the applicant’s spouse and children are eligible for Turkish citizenship. Based on these regulations, investment amounts were rearranged for the acquisition of Turkish Citizenship and conveniences were provided for foreigners to apply for Turkish Citizenship. 1- Valid Passport 2- Biometric Photo 3- Birth Certificate In its content, the mother’s name, father’s name, date of birth, place of birth, nationality should be clearly stated.
Is it possible to obtain dual citizenship in Turkey?
Accordingly, the Turkish Government introduced the option of obtaining a Turkish Citizenship via making an investment in Turkey, like other countries in the world, with certain reservations. In line with the further amendments made by The President Decision No. 106 entered into force on September 19, 2018, the amounts of investment required for acquiring Turkish citizenship applications are lowered. Our Turkish Citizenship Lawyers perform legal services for making an investment and getting a conformity certificate for the investment to apply for Turkish citizenship. Once the investment step is completed, we will apply for residency for the main applicant. After that, we will prepare Turkish citizenship file for the main applicant and his/her spouse and kids.
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Once the land registry procedures are complete, the foreign national may apply to the relevant administrations to claim the right of residence or citizenship by submitting the certificate of eligibility to be issued for the owner. A natural or legal person intending to acquire real estate in Türkiye is required to apply to the General Directorate of Land Registry and Cadastre together with the owner of the property. In addition, they may call the Alo 181 Call Center, offering service around the clock, or visit randevu.tkgm.gov.tr to make an appointment without having to visit the directorates’ offices in person.