Steps to obtaining Turkish citizenship when buying a property for 250 thousand dollars

  • Created At: 07 Apr 2020
  • Updated At: 05 Feb 2021
  • Category: General
  • Views: 1866

After amending the decision to give Turkish citizenship when buying a property with a value of $250,000 instead of a million dollars, many expressed enthusiasm and interest in this decision, but the question remains.

How do I obtain Turkish citizenship in return for buying real estate in Turkey?

At Aqarcom, we have contacted many lawyers and researchers in this regard, especially that the decision is still new and its procedures are still not completely clear, but we were able to obtain the procedures clearly and summarized it with several points:


First :

You need to buy a property or several properties in Turkey worth $250,000, and you do not have to buy properties in one city. You can buy several properties in different cities, but the condition is that all of them are worth $250,000.


Second :

 To apply for Turkish citizenship, all title deeds must be in the name of one person, who is the person applying for citizenship.


Third :

The project must have a title deed (title deed) even if it is under construction. In Istanbul, some projects are under construction, but the deed is ready immediately.

 Some prefer projects that are under construction in order to be able to sell after the end of the project, with a high profit, especially to take advantage of the price reduction after paying in cash while it is in its condition under construction.

Those who are interested can see the projects that are under construction, but the title deed is ready. The other group prefers to buy a ready-made property with a ready-made title deed and invest it by renting or housing.


Fourthly :

After completing the amount up to $250,000, whether from a new property or an old property, the real estate company through which you purchased submits your papers to obtain citizenship, and then the municipality sends a real estate appraiser to evaluate the property and ensure that it nominates you for citizenship or not.

Therefore, we recommend buying the property through an experienced real estate company, real estate appraisers, to gain time and high credibility, such as Aqarcom, with 6 years of experience in the Turkish market.


Fifthly:

When you obtain the report issued by the local real estate appraisers, if the amount is less than 250 thousand, the transaction is rejected until the amount is completed ((and here lies the strength of the real estate company in choosing the properties that receive an evaluation at the same price that you purchased and the absence of that vast difference)) But if the result of the report is that the total is 250 thousand and above, the Turkish state begins to obtain citizenship after studying the security file and then granting him Turkish citizenship, either inside Turkey or through embassies for an estimated period of 3 months, then proves his kinship with his wife and children to give them citizenship.


As for us, as your real estate company, our work starts from choosing the property to obtaining citizenship, passing through the most important stage, which is the stage of appraisal, evaluation and benefit from our services



related articles :

Apartment prices in Istanbul and major cities in Turkey in 2021

Benefits of acquiring Turkish citizenship

How to buy a property in Turkey in 3 days

How to get Turkish citizenship, with the highest ROI guarantee

Real Estate Residence in Turkey

Advantages of buying a property in Turkey


#akarkom_real_estate   #real_estate_investment  

#property  #turkey_real_estate  #turkish_citizenship

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