There are several ways to obtain Turkish citizenship, each with its own conditions and features. Let’s look at the main options for obtaining Turkish citizenship.
Buying real estate is one of the five available options for obtaining Turkish citizenship through investment. This is the most popular and fastest way, which does not require passing exams on knowledge of the Turkish language or history of the country. Let’s look at all the key stages and conditions of the program.
Main advantages:
- No need to become a resident to pay taxes.
- No need to declare property or income in other countries.
- No need to confirm the source of funds for the purchase of real estate.
Any real estate is suitable for participation in the program: new buildings, secondary real estate, residential or commercial. However, there is one important limitation – real estate used to obtain citizenship earlier cannot be used again.
Invento Invest provides assistance to its clients at all stages of obtaining citizenship, from the selection of suitable real estate to obtaining a Turkish passport for the whole family.
Basic requirements for obtaining citizenship
To apply for citizenship, the property must meet the following requirements:
- Minimum cadastral value – $400,000. The cadastral value is indicated in the title deed (TAPU) and may differ from the market value for tax optimization. It is possible to purchase several properties if their total cadastral value exceeds $400,000.
- Duration of ownership – at least 3 years. The property must be purchased from a Turkish seller and remain in the buyer’s possession for at least 3 years.
- Cashless payment. Payment for the property must be made by bank transfer, indicating the purpose of the purchase for obtaining citizenship.
- No criminal record. The buyer must not have a criminal record either in his or her home country or in Turkey.
The applicant receives citizenship together with his or her spouse and children under 18. Children over 18 and parents can apply for a residence permit.
Procedure for obtaining citizenship
- Selection of real estate.
- Managers select properties that meet the program requirements.
- Acquisition of real estate and registration of TAPU.
- The transaction and registration of ownership rights take place at the Cadastral Office.
- Obtaining a residence permit (RP).
- After purchasing real estate, a special residence permit for investors is issued.
- Preparation of documents.
- The collection, translation and notarization of the necessary documents is carried out.
- Checking for reliability.
- After submitting an application for citizenship, a government check takes place.
- Obtaining a passport.
- After the application is approved, you receive a Turkish passport within a few months.
Required documents for applying for citizenship
- International biometric passport.
- TAPU for real estate.
- Valid RP.
- Birth certificates.
- Documents on marital status.
- Certificate of no criminal record.
- Financial statements.
We will help you collect and correctly issue all the necessary documents for successful acquisition of citizenship.
Taxes and duties
When buying real estate in Turkey, the tax is 4% of the cadastral value. Additional costs depend on individual circumstances, including the cost of legal support and residence permit processing.
The citizenship by investment program in Turkey is a real opportunity to quickly and without complicated procedures obtain a passport for the whole family.
