Obtaining a Turkish passport by buying a property

Obtaining a Turkish passport by buying a property

A foreign citizen can obtain a Turkish passport by buying a property if he meets the required conditions. In this article from Ebla Real Estate, we will talk about how to obtain a Turkish passport through buying a property, conditions and procedures.

Conditions for obtaining a Turkish passport by buying a property:

• Buying a property worth 400.000 $ or more.
• Moreover, the buyer must not sell the property for 3 years.
• The value of the property must also be paid in cash, and payment by installments is not accepted unless the value of the first installment is 400,000 $ or more.
• Furthermore, the property purchased must be sold for the first time for the purpose of obtaining Turkish citizenship.
• Obtaining the real estate appraisal report from an approved real estate company in Turkey.
• Registering the property officially in the Title Deed Department (the Land Registry).
• Additionally, the specified value of the property must be paid by bank transfer.
• Purchase of property from a Turkish national or a Turkish construction company.

The stages of obtaining Turkish citizenship and a Turkish passport by buying a property:

1. Buying the property after obtaining the real estate appraisal.
2. Obtaining the investor’s residence in Turkey.
3. Submit an application to obtain Turkish citizenship.
4. Naturalization stages.
5. Receipt of the Turkish ID.
6. Application for obtaining a Turkish passport.
7. Receipt of the Turkish passport.

Documents required to obtain a Turkish passport by buying a property:

1. A copy of the passport, translated and certified.
2. Family book or family statement translated and certified.
3. A clearance document of judgment for the buyer and his wife.
4. 2 recent photographs of all family members.
5. Receipts of the amounts paid for the property stamped from the bank through which the money was sent; This is a prerequisite for applying for Turkish citizenship.
6. Receipts received by the seller of the property, or the “construction company,” stamped from the transmitting bank.
7. Application form for obtaining Turkish citizenship in exchange for buying a property.

How long does it take to obtain Turkish citizenship and Turkish passport by buying a property?

The entire period that the transaction takes from submitting the application until obtaining Turkish citizenship and receiving the identity, ranges from two months to a maximum of 5 months, while the period for applying for and receiving a Turkish passport ranges from one to three weeks.

Why is obtaining Turkish citizenship by buying a property one of the best ways?

• The possibility of investing in the property and achieving financial returns and profits.
• Moreover, it is the fastest and least expensive way to obtain Turkish citizenship, compared to other ways.
• Furthermore, real estate taxes and fees in Turkey are low, compared to other countries.
• Government support for real estate investment in Turkey.

Thus, we provided the most important information about obtaining the Turkish passport by buying a property. For investing in real estate in Turkey and obtaining Turkish nationality, do not hesitate to contact Ebla Group.

Edited by: Ebla Group Real Estate

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