New requirements for obtaining Turkish citizenship 2024
Citizen by Investment

New requirements for obtaining Turkish citizenship 2024

Created: 2023-12-05 Modified: 2024-07-10 Views: 1328 Luxury Signature Admin
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Real estate investment in Turkey is one of the profitable investment options, which allows the foreign investor to obtain Turkish citizenship after fulfilling some easy conditions.

Turkey is one of the desired investment destinations for many foreign investors, due to its strategic geographic location, diversified economy, advanced infrastructure, and attractive business environment.

 

New requirements for obtaining Turkish citizenship 2024

A new update has been issued regarding the conditions for obtaining Turkish citizenship through real estate investment in Turkey. A new document is now required for obtaining Turkish citizenship through real estate investment. Applicants applying for Turkish citizenship must submit their recent criminal record from their states of origin within the last six months.

 

Conditions for obtaining Turkish citizenship through real estate investment in Turkey in 2024

  • Purchasing a property or group of properties on Turkish lands worth at least $400.000.
  • Maintain the property and not sell it for at least 3 years.
  • The person wishing to buy real estate and obtain Turkish citizenship must be a holder of one of the nationalities that are allowed to own and buy real estate in Turkey. This law includes most nationalities with the exception of the following nationalities: Syrian, Armenian, Cuban, Nigerian, and North Korean.
  • The property must be officially registered in the name of the foreign investor.
  • The property must be suitable for housing or investment.
  • The property must be free of any mortgage or lien.
  • Submitting the foreign investor’s latest criminal record document from his country of origin during the past six months.

 

Luxury Signature real estate company helps you obtain Turkish citizenship through real estate investment in Turkey within just three months, under the supervision of a professional legal team over all procedures and operations, from the first stage until receiving the passport.

 

What are the new amendments to the Turkish Citizenship Law 2023?

The Turkish government has made some amendments to the exceptional Turkish citizenship law through real estate ownership in Turkey, which has been in force since the beginning of the year 2023, which states:

  • It is not possible to apply for Turkish citizenship in the case that real estate is purchased with more than one promise to sell contract. There must be one contract of promise to sell certified by a notary public with a value of 400 thousand dollars to obtain Turkish citizenship, meaning that it is no longer suitable for obtaining Turkish citizenship purchasing a group of real estate under construction in various projects, even if it is worth 400 thousand dollars.
  • It is not possible to apply for Turkish citizenship in the case that two properties have been purchased, one of which is ready for housing with a title deed, and the other is under construction with a promise to sell contract.
  • It is not possible to obtain Turkish citizenship through a transfer title deed, which previously gave the right to apply for Turkish citizenship.
  • It is not possible for several people to participate when buying a property to obtain Turkish citizenship, even if the share of each partner in the value of the property is equal to 400 thousand dollars.
  • A foreign investor who obtained Turkish citizenship through real estate investment cannot sell his property after 3 years to a foreign person with the aim of obtaining Turkish citizenship as well.
  • It is not possible to obtain Turkish citizenship through real estate investment in the case that a property is purchased through a company owned by foreigners, or those who have obtained Turkish citizenship and are foreigners in origin.
  • The property through which Turkish citizenship was obtained cannot be resold to the same company or the same person through whom the property was purchased even after 3 years have passed.

 

Is the Turkish citizenship law subject to amendment and change?

The Turkish citizenship granted by the Turkish government to foreign investors when buying a property in Turkey is exceptional. It is a grant from the Turkish government with the aim of encouraging foreign investment in the country, meaning that this law can be changed or canceled at any time, and it happened previously that the Turkish government changed this law and reduced the minimum amount for obtaining Turkish citizenship in return for real estate investment from $1 million to $250.000 in September of 2018, and then raised the minimum from $250.000 to $400.000 in June of 2022.

 

What are the advantages of buying a property suitable for Turkish citizenship?

One of the main advantages of buying a property suitable for Turkish citizenship is the opportunity to obtain Turkish citizenship or real estate residence. One of the main advantages of the Turkish citizenship by investment program is the speed of obtaining citizenship and passport, as the Turkish government processes applicants’ applications within three to six months, making it one of the fastest citizenships by investment programs in the world.

Another advantage is the easy and possible requirements for obtaining Turkish citizenship. Unlike some other programs, the Turkish program does not require applicants to reside strictly on Turkey. This means that investors can easily obtain Turkish citizenship while maintaining their primary residence in another country.

Moreover, Turkey's strategic location makes it an attractive destination for investment. Turkey is a gateway between Europe and Asia, which makes it a center for trade and commerce. The country also offers a low cost of living, high quality of life, and pleasant climate, which makes it an ideal place for investors and their families to settle.

 

Learn more details about Turkish citizenship from this link citizenship by investment

 

Questions and answers about Turkish citizenship

Is it possible to revoke the Turkish citizenship from people after granting it?

Yes, it is possible to revoke the Turkish citizenship from individuals after it has been granted. According to the Turkish citizenship laws, the government has the authority to revoke citizenship under certain circumstances, such as:

  • If it was obtained fraudulently or by providing false information.
  • If the person has engaged in activities that are deemed to be harmful to the national security or interests of Turkey.
  • If the person has been sentenced to imprisonment for a period of five years or more for committing a crime.

 

How long does it take to obtain Turkish citizenship by buying a property in Turkey?

One of the main advantages of the Turkish citizenship program by buying a property in Turkey is the speed of obtaining citizenship and passport, as the Turkish government processes applicants’ applications within three to six months, making it one of the fastest citizenships by investment programs in the world.

 

Is knowledge of the Turkish language required to obtain Turkish citizenship?

Proficiency in the Turkish language is not required to obtain Turkish citizenship.

 

Is residence in Turkey required to obtain Turkish citizenship?

It is not required to reside in Turkey, not even to come, as it is possible to appoint a lawyer for our company or any trusted person in Turkey to do this process completely.

 

What are the advantages of buying a property suitable for Turkish citizenship?

  • Advantages of Turkish citizenship & real estate: Quick process, flexible residency, strategic location.
  • Visa-free travel: Turkish citizenship offers visa-free access to many countries, including Europe.
  • Thriving economy & quality of life: Strong economy, rich cultural heritage, diverse lifestyle, and recreational activities in Turkey.

Frequently asked questions

How long does it take to obtain Turkish citizenship by buying a property in Turkey?

One of the main advantages of the Turkish citizenship program by buying a property in Turkey is the speed of obtaining citizenship and passport, as the Turkish government processes applicants’ applications within three to six months, making it one of the fastest citizenships by investment programs in the world.

Is knowledge of the Turkish language required to obtain Turkish citizenship?

Proficiency in the Turkish language is not required to obtain Turkish citizenship.

Is residence in Turkey required to obtain Turkish citizenship?

It is not required to reside in Turkey, not even to come, as it is possible to appoint a lawyer for our company or any trusted person in Turkey to do this process completely.

Is it necessary to translate documents into Turkish?

Yes, all official certified documents must be translated into Turkish by certified translators and notarized by a notary public.

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