Get Your Turkish Citizenship – There are things to do to qualify for the citizenship Republic of Turkey. Foreigners need to own real estate (such as a house, workplace, field) at least 250,000 USD, with the arrangement made in 2018. There is a condition that they commit that they will not sell this property for three years. They can qualify for citizenship Republic of Turkey with their partner and children under 18.
A Real Estate Appraisal Report is required for the application, showing that the real estate value is at the specified amount.
An appraiser with a valid license approved by the Capital Markets Board and there is a valuation firm. They show the market value of the real estate. Than “Real Estate Valuation Report”; must be obtained.
The Real Estate Appraiser makes the valuation according to the date of transaction detection Central Bank of Turkey (CBT) effective exchange rate and/or made cross-currency basis.
Realista is also with you in foreign sales transactions
More than one real estate can be purchased with a total value of at least 250,000 USD. However, all applications must be made at the same time. The Ministry accepts citizenship applications if the sum of the values declared to the General Directorate of Land Registry and Cadastre (TKGM) is over USD 250,000.
What are the legal restrictions for foreigners in acquiring real estate?
A foreign national natural person can purchase a maximum of 30 hectares of immovable property throughout the country and acquire limited rights in rem.
Whether the immovable property is outside the military prohibition and security zones should be asked by the Land Registry Directorate to the competent command and a positive answer should be obtained for acquisition. This procedure has been abolished in 71 provinces where military prohibition and security zones have been measured.
Real persons of foreign nationality may acquire real estate and limited rights in rem up to 10% of the area subject to private ownership.
Get Your Turkish Citizenship – You can reach us via our contact form and learn all the necessary details to get detailed information about Turkish citizenship through investment.