Turkish Citizenship by Real Estate Investment
A second citizenship is a great opportunity to protect your interests overseas. The Republic of Türkiye is one of the most popular countries attracting foreign investment in the construction sector. Therefore Türkiye has created the most comfortable program for foreign investors to obtain a Turkish passport by purchasing real estate with a cadastral value of $400.000.
Who can buy Property in Türkiye and Get Turkish Citizenship?
Citizens from 183 different countries have almost equal rights to purchase real estate in Türkiye which allows them to apply the programme of getting Turkish Citizenship by Real Estate Investment.
It is important to note that it is prohibited to buy properties near strategic sites, military bases and on the territory of natural reserves.
Attention: Citizens from North Korea, Armenia, Syria, Cuba, Southern Cyprus and North Korea are excluded from the Application process for Turkish Citizenship by Real Estate Investment.
Note: Turkish citizenship does not oblige you to reside permanently in the country. With its second passport availability, you can live in any country in the world and come to Turkey whenever you wish.
Where is the best place to buy real estate in Türkiye for citizenship?
The real estate sector in Türkiye is distinguished not only by its high-quality developments but also by its exceptional ease of acquisition. Every year the new regulations make the procedure for purchasing real estate in Türkiye easier and more transparent for foreigners.
The Mediterranean Shore of Türkiye which has a wide range of variety and price range availability in the real estate market is the most popular place for foreigners. The region provides an exceptional blend of nature, history and strong economic potential. Antalya, Alanya and Mersin cities are the most stable and profitable real estate markets according to statistics provided by TUIK.
OK, I’ve chosen my property. Now what is the procedure for citizenship Application by real estate Investment?
Obtaining Turkish citizenship on paper is a complex legal process. The most difficult thing, first of all, is the language barrier and then comes the paperwork. Therefore, we strongly advise you to get service from trusted lawyers who specialize in Turkish citizenship applications by real estate acquisition. In this regard, the legal team of Antalya Development will always be a phone call away to provide you the best service for your citizenship Applications in Antalya, Alanya and Mersin.
What are the requirements?
To become a Turkish citizen by investing a real property in the Republic of Türkiye, you must meet the following requirements:
- You must be over 18 years of age.
- You must declare the legality of your income.
- There should be no pending criminal cases against you.
- You should provide a comprehensive health report which signifies that you do not have any severe infectious diseases.
A complete list of documents provided by the legal department of Antalya Development:
– Title Deed or Property Information
– Passport/Country ID indicating nationality (with translation when necessary)
– Property Valuation (Appraisal) Report from the Municipality
– Real Estate Appraisal Value Certificate for the property (if applicable)
– Mandatory earthquake insurance policy for buildings (residential, commercial, etc.)
– Identity Information Declaration Form
– A recent 6×4-sized photograph (taken within the last 6 months)
– Determination of Foreign Identification Number (If no response is received online, processing can continue with the tax number)
– Bank-verified receipt/deposit slip
– Sworn translator for those who do not speak Turkish (authorized by the Regional Judicial Justice Commission or the Judicial Justice Commission of the First Instance Court, if necessary)
– If there is a representative, a document related to the representation (If processing is done with a power of attorney issued abroad, it must meet the requirements specified in the circular numbered 2015/5 (1767)).
Frequently Asked Questions about Turkish Citizenship by Real Estate Investment
Obtaining Turkish citizenship by real estate investment could be one of your best decisions, but you may still have some questions rising through your research. Here are the two most frequently asked questions by our investors.
How to get a Turkish Tax Number?
A Turkish tax number – Vergi numarasi is a ten-digit tax number, which is required for most financial transactions in the republic as well as real estate acquisitions.
This is the number you get from Vergi Dairesi, the local tax office. Also, you can obtain it online through the Tax Office
How to open an account in a Turkish bank?
All payments for real estate purchases for Turkish citizenship Applications are made only through bank transactions. To open an account, you need a foreign passport translated and notarized, and an already obtained tax number. It doesn’t matter which bank you choose in Türkiye. Compare different pricing plans and opening conditions and find the one you like the best.
Finalizing your purchase for citizenship application with Antalya Development
As one of the most preferred real estate agencies in the Mediterranean region of Türkiye, Antalya Development provides 360-degree service for your real estate acquisitions.
From the selection of the property up until obtaining your passport, Antalya Development with its special agents and lawyers are ready to meet all kind of expectations for your real estate investment for Turkish citizenship Application.
We speak your language!
Our team speak Turkish, English, German, French, Arabic, Russian, Ukrainian, Kazakh and Kyrgyz. If necessary, we invite specialists who speak other languages. It will always be easy for you to communicate with Antalya Development in your native language!
