Visa Free Travel Countries #postscript
The Turkish Citizenship Program is an advantageous method that provides the acquisition of Turkish citizenship in as little as 3 months to 12 months. Foreign investors who purchase real estate worth USD 400,000 from Turkey can obtain the right to become Turkish citizens on equal terms with any Turkish citizen.
This fee, which was $1,000,000 before September 2018, was reduced to $250,000. After the Presidential Cabinet Meeting held on April 12, 2022, it was announced that this practice, which caused controversy, would be increased to 400,000 dollars. With the decision numbered 5554, the decision was announced in the Official Gazette on May 13, 2022. Instead of the US dollar, foreign currency or Turkish lira equivalent to the same value is also sufficient to fulfill this requirement. The CBRT effective sales rate is taken as a basis.
The Turkish Citizenship Program is an advantageous method that provides the acquisition of Turkish citizenship in as little as 3 months to 12 months. Foreign investors who purchase real estate worth USD 400,000 from Turkey can obtain the right to become Turkish citizens on equal terms with any Turkish citizen. With the decision published in the Official Gazette dated May 13, 2022, the minimum real estate price that foreigners must purchase to obtain Turkish Citizenship has been increased from $ 250,000 to $ 400,000. In this way, people who want to obtain citizenship must be put on their title deeds for three years as unsaleable. The notary is also asked to obtain a certificate that there will be no transfer and abandonment for three years. To determine that the acquired property is for 400.000 USD, one of the CMB Valuation Companies should be applied and the "Immovable Valuation Report" showing the market value of the immovable property should be obtained. The necessary examinations and determinations are made by the Ministry of Environment and Urbanization. If the examinations are positive, the person acquires Turkish citizenship. The whole process can take about 3 months to 1 year.
Open for most nationalities
Instant visa-free travel to 115 countries
Real Estate in Turkey
The Client signs power of attorney with Realty Turkey,
Under the guidance of Realty Turkey, the necessary documents for application are collected,
Realty Turkey Consultants help the client choose the housing he needs.
Realty Turkey makes an application for residence and citizenship when the title deed of the residence is received;
During the application period, the official authorities may request an interview with the investor in person.
Waiting for approval time
Realty Turkey transmits the Turkish passport it has received to the customer.
The period of approval of the citizenship application is representative;
this period may vary for each application depending on the processing time of the Republic of Turkey.
Visa-Free Countries #postscript