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What are the Steps of Acquiring
Turkish Citizenship with Real Estate Investment

1. Getting Tax Registration Number

 

Tax Registration number can be obtained from any tax office in Turkey.

 

2. Opening a Turkish Bank Account

 

An application must be done to a Turkish bank to open an account with original passport, tax registration number and an official public invoice showing the current address.

 

3. Finding the Property

 

Single or multiple property should be the total value of USD 250.000 or equivalent Turkish Lira.

 - Property should be completed or about to completion,

 - Occupancy Permit should be granted,

 - Construction Servitude or Title Deed should be ready.

 

 

4. Getting the Property Appraisal Report

 

Before the title deed transfer or contract sale an appraisal report must be obtained from a valuation company, showing that the real estate value is at least 250,000 Dollars. The valuation company that will issue the report must be a company approved by the Capital Markets Board.,

 

5. Purchasing the Property

 

Property buying amount's payment should be sent from the buyer's account to the account of the seller by bank, and it should be proved by the shipment document. 

Sales can be made by transfer of title deed or by contract of sale. 

The purchased real estate cannot be sold for 3 years (to be annotated to the title deed).

 

6. Obtaining the Certificate of Conformity

 

After the transfer of the title deed took place; certificate of conformity is being obtained from General Directorate of Land Registry and Cadastre together with the following documents (regarding the transactions being made in accordance with the law).

 > Bank transfer receipts,

 > Real estate valuation report,

 > Annotation of "can not sold for 3 years" put into the title deed / contract.

 

7. Application for Turkish Residency

 

In order to obtain a residence permit, an application is to be made to the Provincial Migration Management with the necessary documents.

The investor has the right to renew the residence permit until his / her citizenship process is completed.

 

 

8. Application for Turkish Citizenship

 

The application is finalized by applying for Turkish Citizenship by investment to the General Directorate of Population and Citizenship Affairs together with the residence permit and other necessary documents.

After the application, the competent authorities evaluate the application.

It is necessary to be investigated whether there is a situation restricted by law or threatening national security. This research is carried out by the authorized institutions of the Turkish government.

At the approval stage of the Turkish citizenship application, an invitation is made by the Provincial Security Directorate to conduct the necessary interview and to obtain fingerprints of the person (s) who will receive citizenship.

After the eligibility of the application for citizenship of Turkey is determined, it is signed by President Recep Tayyip Erdogan and the Turkish citizenship process is completed.

 

After the application, the competent authorities evaluate the application. It is necessary to be investigated whether there is a situation restricted by law or threatening national security. This research is carried out by the authorized institutions of the Turkish government.

At the approval stage of the Turkish citizenship application, an invitation is made by the Provincial Security Directorate to conduct the necessary interview and to obtain fingerprints of the person (s) who will receive citizenship.

After the eligibility of the application for citizenship of Turkey is determined, it is signed by President Recep Tayyip Erdogan and the Turkish citizenship process is completed.

 

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