Buying a property from a foreigner or a foreign construction company to apply for Turkish citizenship
Buying a property in Turkey is one of the best ways to apply for Turkish citizenship. However, there are many conditions to meet to obtain Turkish nationality. In this article from Ebla Real Estate, we will discuss the issue of buying a property from a foreigner or a foreign construction company to apply for Turkish citizenship.
Buying a property from a foreigner to apply for Turkish citizenship:
Many investors ask: If I buy real estate worth 400,000 $ from a foreigner, can I apply for Turkish citizenship?
The answer is that it is not possible to apply for citizenship if you bought real estate from a foreign person in any way. However, there are more details about this issue as we will see in this article.
Previously, buying a property from a foreigner and applying for citizenship was very complicated. For example, if you bought a property from a Turkish person, and the Turkish person bought it from a foreigner, you do not have the right to apply for citizenship, even if you meet the required value of the property price.
Amending the law of buying a property from a foreigner to apply for Turkish citizenship:
Later, the law of buying real estate from a foreigner to apply for Turkish citizenship was amended. Thus, you can buy real estate from a Turk, even if he bought it from a foreigner. Provided that this foreigner is not a relative to you of the first degree: (father, son, mother, husband or wife).
It is worth noting that this amendment came as a government support. Moreover, it is among the facilities provided to foreign investors in Turkey.
Buying a property from a foreign construction company to apply for Turkish citizenship:
As for buying a real estate from foreign companies, Turkish law has recently allowed you to buy a real estate from a foreign construction company to obtain Turkish citizenship.
Thus, you can buy a property from a foreign company and apply for citizenship as long as it meets the value condition, which is 400,000 $ or more.
Note: If a foreign person bought a property and obtained Turkish citizenship through it. After 3 years, he wanted to sell it to another foreign person in order to obtain Turkish citizenship.. It is not possible.
This was the most important information related to buying real estate from a foreigner to apply for Turkish citizenship. For real estate suitable for Turkish citizenship, do not hesitate to contact us.
Edited by: Ebla Group Real Estate
If you like the topic, do not forget to share it with your friends.
