Real Estate Investment: An Opportunity to Achieve Turkish Citizenship
Among the processes to acquire Turkish citizenship, there exists an exceptional right, particularly extended to foreign investors. Article 12 of the Turkish Citizenship Law anticipates that foreigners meeting specific conditions can obtain Turkish citizenship by purchasing real estate.
Conditions for Purchasing Real Estate
Foreigners seeking to acquire Turkish citizenship must purchase real estate worth at least 400,000 US Dollars or the equivalent in foreign currency. However, they are required to commit to not selling the property for a period of 3 years, as evidenced by a contract duly notarized.
Details of Legal Regulations
The Regulation on the Implementation of the Turkish Citizenship Law outlines the application process and necessary documents for these exceptional cases. In this context, there are crucial elements that applicants need to pay attention to.
Required Documents for Real Estate Purchase:
- Form petition indicating the request.
- Passport or a similar document.
- Civil status certificate, marriage, divorce, or death certificates.
- Birth certificate or population registry sample.
- Receipt proving the payment of the service fee.
Acquiring Turkish Citizenship by Buying Property: Why and How?
Investors can attain Turkish citizenship by making a real estate investment of a specified amount. However, it should be noted that the lower limit was updated to 400,000 US Dollars by the Presidential Decree dated 13/05/2022.
Application and Documents: Points to Consider
Individuals aspiring to obtain citizenship through real estate investment must proceed with diligence during the application process. The completeness and accuracy of the documents presented are critically important for a favorable outcome.
Application Documents:
- Form petition indicating the request.
- Passport or a similar document.
- Civil status certificate, marriage, divorce, or death certificates.
- Birth certificate or population registry sample.
- Receipt proving the payment of the service fee.
Turkish Citizenship Application and Legal Support
Individuals residing abroad and not holding Turkish citizenship can seek legal support during the process of obtaining citizenship through real estate investment. Therefore, for more information on the application process and to take the right steps, individuals can contact expert lawyers.
The right to obtain Turkish citizenship through real estate investment presents an attractive option for foreign investors. However, attention to the details of the application process and the accurate submission of necessary documents are crucial for a successful application. Those looking to leverage this unique opportunity provided by Turkey can confidently take steps with the support of experts.
