Turkish Citizenship by investment 2023, What are the conditions to obtain Turkish citizenship by investment?
The minimum investment amount required to apply for Turkish citizenship by real estate investment increased from $250,000 to $400,000 on June 13, 2022. After this date, to be able to apply for citizenship by real estate investment, the value of the real estate(s) purchased must be at least $400,000.
5 Ways to Get Turkish Citizenship are:
According to the law, now it is guaranteed to obtain Turkish citizenship by marriage, birth, paternity and by making an investment in Turkey.
The Turkish citizenship by Investment Program (TCBI) launched in January 2017 caused accelerated growth in the real estate sector, attracting foreign investors from all over the world.
Turkish citizenship gives the chance to access both European and Asian markets to investors. Also, to acquire lifetime citizenship of a country that is in the process of full membership negotiations with the European Union.
Turkey allows foreign nationals to invest in different channels in the country and to obtain the right to citizenship.
There are 6 ways to obtain Turkish citizenship by investment:
Condition: Deposit cannot be withdrawn from the bank for 3 years.
Condition: Government debt securities must be kept for 3 years.
Condition: Participation shares must be kept for 3 years.
The amount for Turkish citizenship by property investment was increased from 250,000$ to 400,000$ by the Decision of the President as of June 13, 2022. You can apply for citizenship with the properties you already purchased. The real estate value purchased between January 12, 2017, and September 18, 2018, must be at least $ 1 million. Therefore, property amounts under $ 1 million purchased before this date are not sufficient for citizenship applications.
You can obtain Turkish citizenship by property investment for yourself, your spouse and your children below 18 years with a commitment not to sell it back within 3 years. A Turkish passport is issued in 3 months.
Documents required for Turkish citizenship by investment at the application stage are:
Note: Original and Notarized Turkish Translation of above Documents
10. Power of Attorney (For authorization of the lawyer)
11. Certificate of Conformity
12. Service Fee Receipt (Must be obtained from the Finance Cashier)
1. Obtaining the Certificate of Conformity
After the transfer of the Title deed took place; a certificate of conformity is being obtained from the General Directorate of Land Registry and Cadastre together with;
2. Application for Turkish Residence Permit
To obtain a Turkey residence permit, you should apply for 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.
3. 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 all of the documents you get before this stage.
After the application, the competent authorities evaluate the application.
After the eligibility of the application for citizenship in Turkey is determined, it is signed by President Recep Tayyip Erdogan and the Turkish citizenship process is completed.
How Long Does it Take to Get Turkish Citizenship by investment?
It takes 3 to 4 months to officially get Turkish citizenship by investment in 2023 after you made the investment and applied for citizenship. Also, it is feasible to obtain Turkish Citizenship for the family members: spouse (wife/husband) and children below 18 years old within one week as the main applicant obtained citizenship. You can also get your new Turkish Passport and ID Card immediately after it. However, it may vary from one to two weeks depending on the time of appointment for the Turkish passport.
The total amount of the Turkish passport fee is updated for 2023.
689,70 Turkish Liras for passports up to 6 months
1008.30 Turkish Liras for 1 year
1646.10 Turkish Liras for 2 years
2,338.50 Turkish Liras for 3 years
3,295.50 Turkish Liras for more than 3 years.
European Side General Directorate of Population and Citizenship Affairs | Turkish Citizenship by Investment
As of 17.12.2020, the General Directorate of Population and Citizenship Affairs relocated to the Zeytinburnu district of Istanbul. You can apply for Turkish citizenship by investing in the new address of citizenship affairs. You can take an appointment for citizenship application by investment, Turkish national ID, Turkish passport, driver's license from the General Directorate of Population and Citizenship Affairs website randevu.nvi.gov.tr/.
The New Address of the European Side General Directorate of Population and Citizenship Affairs in 2021 is Civizlibag Metrobus or Tramway Stop. Below is the full address:
Merkezefendi Mahallesi Mevlevihane Caddesi No: 30 Zeytinburnu / ISTANBUL
For citizenship application through living 5 years in Turkey or Turkish citizenship by marriage application, you can apply to the Istanbul Provincial Directorate of Population and Citizenship in Fatih district. Below is the full address:
Address: Hirka-i Serif, Istanbul Valiligii Ek Hizmet Binasi, Adnan Menderes Blv. No:2, 34122 Fatih / ISTANBUL
You can follow your Turkish citizenship results after your application from the https://vatan.nvi.gov.tr/moduller/basvuru/basvurudurumbilgi.aspx website.
As you click the link there is some information that should be filled
As MELARES Turkey Properties; with our reliable and expert citizenship lawyers, we ensure that your citizenship processes result in minimum cost and meticulousness.
"Why should I work with Turkish citizenship lawyers?", "What are the benefits of Turkish citizenship lawyers in my application?"
When applying for Turkish citizenship, nobody knows Turkish law rules better than Citizenship lawyers. Moreover, lawyers have specialization fields in certain subjects.
The most professional citizenship lawyers with the knowledge and experience in foreign citizenship will guide you in the right way and make your transactions easier while keeping you away from complexity. The only person that can help you for acquiring Turkish citizenship is an expert lawyer.
With a professional citizenship lawyer and a reliable real estate company, you will obtain the best and most profitable results.
The Advantages of Turkish Citizenship Lawyers in the Application of Citizenship
By cooperating with citizenship lawyers of MELARES in your official procedures, including citizenship, you will have the following privileges:
Turkish citizenship acquired through birth is acquired spontaneously on the basis of family ties or birthplace. Citizenship acquired by birth takes effect from the moment of birth.
* In the marriage union, a child born of a Turkish citizen mother or father in Turkey or outside is a Turkish citizen.
* Except for the marriage union, a child born of a Turkish citizen mother and a foreign father is a Turkish citizen.
* Except for the marriage union, a child born of a Turkish citizen father and a foreign mother gains Turkish citizenship provided that the procedures and principles that establish the lineage are followed.
Turkish Citizenship by Marriage
Another way for foreigners to obtain Turkish citizenship is through marriage. Marrying a Turkish citizen does not entitle the foreigner to obtain citizenship directly.
Conditions for Turkish Citizenship by Marriage;
1. The foreign person must have been married to a Turkish citizen for at least 3 years. Also, continuing marriage is among the conditions.
2. Living in a family union,
3. Not to engage in activities incompatible with the marriage union,
4. The absence of a situation that would constitute an obstacle in terms of national security and public order.
Turkish Citizenship General Application by Buying Property in Turkey at any Value (Minimum 75,000$)
It is possible to acquire Turkish citizenship in 5 years by buying property at any price, but it should cost a minimum amount of 75,000$. Foreigners whose has an uninterrupted residence period in Turkey for 5 years with a special residence permit for property owners can acquire Turkish citizenship through a general application. You should apply for a special residence permit to immovable property owners with your title deed regularly in these 5 years. You should not be abroad in Turkey for more than 12 months in this period. A Turkish passport is issued in 3 months.
Note (Touristic and student residence permits are not valid for this way of obtaining citizenship so be careful to apply for a residence permit with your title deed.)
Acquiring Citizenship by Decision of Competent Authority
In this way, a citizenship file is issued to foreigners who want to obtain Turkish citizenship and who have the necessary conditions for application. This file is sent to the Ministry of Internal Affairs for a decision.
The necessary investigations and research are carried out by the Ministry. At the end of this process, those who are deemed eligible for citizenship acquire Turkish citizenship by a decision of the Ministry.
As a result of the examination and research, the request of foreigners whose situation is not approved is rejected by the Ministry.
Acquiring Citizenship through Adoption
If a non-adult foreigner is adopted by a Turkish citizen, he/she can gain Turkish citizenship from the date of the decision. In this case, the person who receives Turkish citizenship should not have an obstacle in terms of national security and public order.
Acquiring Citizenship with the Right to Choose
According to the citizenship law, a mother or father may lose Turkish citizenship for certain reasons. If the mother or father lost Turkish citizenship requests, also their children lose their Turkish citizenship with the approval of the other parent.
According to the above situation, children who lost Turkish citizenship can gain Turkish citizenship by exercising their right to choose within three years after they become adults.
15 Most Frequently Asked Turkish Citizenship Questions with their Answers
The transfer of the sales price can be made in foreign currency or in Turkish Lira through foreign banks or through the banks in our country.
It must be proved by a receipt approved by the banks that the price has been sent/paid by the purchaser of the real estate. The payments which have been made by hand are not valid
Can the transfer of the purchase amount be made in multiple transactions? What if the transaction in currencies other than dollars?
The purchase price of property can be transferred with multiple transactions. The total transaction amount should be meet a minimum $400.000. If the transfer amount in a different currency, on the transfer of title deed date the amount should be meet with $400.000 in exchange.
After receiving of "not to sale for 3 years" commitment of the purchased real estate, the transaction documents are sent to the authority to issue a certificate of conformity by the Land Registry Office and the certificate is issued.
After receiving the "Certificate of Conformity" the following applications are made;
+ To the Provincial Directorate of Migration Management for residence (residence permit)
+ Provincial Directorate of Population and Citizenship Affairs for Citizenship.
Provided that the following conditions are fulfilled, an application for Turkish citizenship can be made with the Real Estate Sales Promise Agreement.
+ On and after 07.12.2018; the properties having the flat-ownership or construction servitude, the amount of at least USD 400.000 or equivalent must be paid in advance (at the latest on the signature date of the contract).
+ Commitment should be added to the land registry, related to the Real Estate Sales Promise Contract that was issued in Notary shall not be transferred and deletion for 3 years.
+ In case of at least USD 1.000.000 of the value of the purchased real estate between 12.01.2017 and 18.09.2018,
+ In case of the value of the purchased real estates / real estates is at least USD 400.000 on and after 19.09.2018,
+ In case the value of the real estate / real estates whose sales promises contract has been issued after 07.12.2018 is worth USD 400.000,
Turkish Citizenship applications can be made.
There is no limit to the number of properties that can be acquired through sale or which may be subject to the promise of sale. The important thing is that the real estate value totals sought on the dates specified in the Law are in compliance with the application for Turkish citizenship.
No. Turkish citizenship can be applied for real estate purchased from different places and at different times.
In the purchase (title deed transfer) process, the qualification of the real estate does not matter. The qualification of the property can be housing, workplace, land, field, garden and so on.
In the process of making commitments through the Real Estat Sales Promis issued in the notary public, the condominium or floor easement of the real estate must be established.
This situation is asked by the Land Registry to the Provincial Directorate of Population and Citizenship and the situation related to citizenship is reconsidered.
Real estate purchasing for Turkish citizenship and "3 Years Not to Sell" commitment can be done by a power of attorney?
Yes. In case there is authorization in the related power of attorney this can be done.
Your citizenship application process varies depending on certain conditions and how accurately you prepare your documents.
If your application documents are correct and complete, and if the research result is positive that there is no obstacle to obtaining Turkish citizenship, you may be able to obtain your Turkish citizenship in approximately in 90 days after your application.
Yes. You need to work with a lawyer to apply for Turkish citizenship.
It is a great benefit to work with a lawyer who knows Turkish law and the procedures, principles and conditions of Turkish citizenship very well.
Experienced lawyers prevent you from losing time by directing you right. It also organizes all your Turkish citizenship processes for you. Without being in Turkey, you can handle your transactions with the power of attorney that you will give to a lawyer.
One of the necessary methods for a foreign real person to obtain Turkish citizenship by investing is to purchase Real Estate. Apartments, villas, shops, stores, etc. There is a requirement not to sell the property for 3 years.
* You can deposit a minimum of USD 500.000 or equivalent Turkish Lira or foreign currency Deposits to the bank. There is a condition not to withdraw this money from the bank for 3 years.
* You can make a Fixed Capital Investment of a minimum of USD 500.000 or equivalent in Turkish Lira or foreign currency.
* You can get a minimum of USD 500.000 or equivalent Turkish Lira or foreign currency Government Debt Instruments. These Instruments are required to be kept for 3 years.
* You can purchase a Real Estate Investment Fund Participation Share or Venture Capital Investment Fund Participation Share with a minimum value of USD 500,000 or equivalent in Turkish Lira or foreign currency. These Participation Shares are required to be kept for 3 years.
* You can provide employment for 50 people.
The citizenship procedures start with buying a property. Such property should be minimum valued at $400.000. After the purchase of the property, the application phase starts. The application phase is basically submitting the relevant documents to the relevant authorities. The applicant who meets the relevant requirements can apply for citizenship for himself or herself, his wife, and kids below 18 years old.
Along with his application for Turkish citizenship, the spouse and children under 18 years of age also benefit. They also get Turkish citizenship.
This situation not including a person's mother, father, or children over the age of 18.
Yes. When you get Turkish citizenship, your newborn and the children that are going to born will also be born as Turkish citizens.
Is it possible for adult dependents to apply for citizenship with their family?
Yes, for example, if the applicant has a dependent family member, he/she can also apply for this member in order to get Turkish citizenship.
It is no longer possible to apply for citizenship through common (shared) houses. The condition of the acquisition of Turkish citizenship for real estate investment is a minimum of $400.000. More than one person cannot gain citizenship through a single property.
Children from other marriages and also adopted children can also be the subject for the acquisition of Turkish citizenship.
A real estate owner in Turkey has to pay real estate ownership tax. Such tax is paid annually. And its calculated according to the value of the real estate. If the real estate is leased also annually a real estate income tax is paid.
Yes, there is. The main condition of VAT exemption is the money should be transferred to Turkey from abroad.
Investors who acquired Turkish citizenship can also invite their relatives via visa invitation letters.
Find out more about 12 Turkish Citizenship Questions Answered by Citizenship Lawyers
HOW CAN WE HELP YOU?You can get support from our experienced team in all matters related to your real estate needs.