Turkish citizenship by real estate investment

Description

Reviews

Program details

Accelerated program for obtaining Turkish citizenship by the purchase of real estate allows foreigners to gain income from renting property and sell it in 3 years profitably. Holders of Turkish passport are not required to declare profits and capital received outside the state, nor do they have to reside permanently in the country. Turkish legislation does not prohibit dual citizenship, so the government does not notify other countries about the fact of issuing a passport to foreigners.

Program Benefits

Visa-free travel to 110 countries, including Japan and Singapore

The possibility of obtaining a Turkish Businessperson visa in the UK

The prospect of obtaining an E-2 visa in the U.S. under the simplified procedure

Rental yield of 2.5%

Profitable sale of property after 3 years due to an average increase in property values by 10% a year

No residency or language requirements

Types of real estate for investment

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Family House

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Country House

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Villa

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Apartment

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Hospitality Property

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Office Space

Real estate options for obtaining a residence permit in Turkey

1 of 4 photo

Apartment in Mersin, Turkey, 130 m2

Turkey, Kestel, by the sea, in a big city

1 999 551 USD

Requirements for applicants

Age of majority;

no criminal record;

legal source of income;

no ban on entering Turkey and no deportation from the country.

Required documents

Application;

internal and international passports;

birth certificate of the investor and all family members included in the application;

family composition certificate;

proof of income;

health insurance and health certificate;

proof of compliance with the investment requirements of the program;

receipt of payment of state fees;

mortgage agreement (if applicable);

certificate of cadastral value appraisal;

marriage certificate (if applicable);

proof of official purchase price verification by the seller (TAPU);

construction plan and building permit (in case of land purchase).

Steps to obtaining citizenship

1.Booking of the property for purchaseHaving chosen the property, the investor contacts the seller, inspects the object and books it for purchase. Duration of this process is about 1 month.

2.Purchase of real estate and obtaining TINAfter concluding the sale of the property, the foreigner registers ownership, opens a bank account and receives a Turkish personal tax number.

3.Preparation of documentsHaving collected the necessary documents, the investor applies for a residence permit and forms a dossier for citizenship. The duration of this process is up to 2 months.

4.Applying for a Turkish passportPersonally or through an authorized person, the applicant for a Turkish passport submits the documents to the Citizenship Office at the location of the acquired property. The duration of this process is 1 day.

5.Examination of the applicationIn the process of verification of the applicant the package of his documents is forwarded to the Ministry of Interior and General Directorate of Security and then to the office of the Ministry of Foreign Affairs and the President of Turkey. The duration of this process is up to 2 months.

6.Obtaining the Turkish passportAfter the president takes a positive decision on the application the investor receives a Turkish identification card. The duration of this process is 1 day.

Buy property in Turkey and get a residence permit