How to obtain Turkish citizenship through real estate investment in Bursa
How to obtain Turkish citizenship through real estate investment in Bursa. Obtaining Turkish citizenship through real estate investment in Bursa has become an increasingly popular route for international investors. The Turkish government offers a straightforward process for those who wish to gain citizenship by investing in the country’s burgeoning real estate market. In this article from Ebla Real Estate, we will talk about how to obtain Turkish citizenship through real estate investment in Bursa.
Conditions for obtaining Turkish citizenship through real estate investment in Bursa:
How to obtain Turkish citizenship through real estate investment in Bursa. Obtaining Turkish citizenship in exchange for purchasing a property is the most popular way, as it is a safe way to save money and achieve profits within a short period of time. Among the most prominent conditions for obtaining citizenship by buying a property in Turkey in 2024, we mention the following:
- Purchasing a property or group of properties with a value of no less than $400,000.
- If the purchased property is land, it must be exclusively “licensed for construction.” Thus, investors are no longer able to apply for Turkish citizenship by buying an agriculture land.
- Moreover, the buyer must not sell the property for 3 years.
- Additionally, the specified value of the property must be paid by bank transfer.
- That the apartment purchased for the purpose of obtaining Turkish citizenship is sold for the first time for this purpose.
How to obtain Turkish citizenship through real estate investment in Bursa:
How to obtain Turkish citizenship through real estate investment in Bursa. Obtaining Turkish citizenship through real estate investment in Bursa is an attractive option for many international investors. The process is relatively straightforward, and the benefits are substantial. Here are the key steps you need to follow:
Contact a Real Estate Company:
The first step in obtaining Turkish citizenship through real estate investment is to contact a reliable real estate company in Bursa. These companies have the expertise and local market knowledge to guide you through the process. They can help you identify suitable properties that meet the investment criteria for citizenship.
Conduct Real Estate Tours:
Once you have partnered with a real estate company, the next step is to conduct real estate tours. Visit various properties to find one that meets your investment goals and personal preferences. Your real estate agent will arrange these tours and provide detailed information about each property.
Sign a Purchase Contract:
After selecting a property, you will need to sign a purchase contract. This contract should be notarized and include all the terms and conditions of the purchase. It is essential to ensure that the property meets the minimum investment requirement of $400,000.
Obtain a Title Deed and Reserve the Property:
The next step is to obtain a title deed (TAPU) and reserve the property. The title deed must be officially registered in your name. Make sure that all legal and financial obligations are fulfilled during this process. The real estate company will assist you in obtaining the necessary documentation and completing the registration.
Obtain an Investor Residence Permit:
Before applying for citizenship, you must obtain an investor residence permit. This permit issued by the Directorate General of Migration Management and is a prerequisite for the citizenship application. The process is generally straightforward and involves submitting various personal and investment-related documents.
Government Procedures:
The final step involves completing the government procedures for citizenship application. This includes:
Certificate of Conformity: Apply for a Certificate of Conformity from the Ministry of Environment and Urbanization, which confirms that your investment meets the necessary criteria for citizenship.
Citizenship Application: Submit your citizenship application to the Provincial Directorate of Census and Citizenship. You will need to provide your passport, birth certificate, residence permit, property ownership documents, and proof of investment.
Application Review: The Turkish authorities will review your application, conduct background checks, and verify all submitted documents. This process can take several months.
Approval and Passport: Once your application is approved, you will be granted Turkish citizenship and can receive your Turkish passport.
What are the documents required to obtain Turkish citizenship through real estate investment in Bursa?
How to obtain Turkish citizenship through real estate investment in Bursa. Knowing the required papers for Turkish citizenship is a necessity for investors wishing to apply for Turkish citizenship in return for real estate investment. These papers are as follows:
- Copy of the title deed – Tapu, which is the official and legal document that proves ownership of the property. It is considered the most important document to apply for Turkish citizenship in return for real estate investment, as it includes detailed information about the property and its current owner.
- Real estate appraisal document.
- Passport copies of all family members, as the law allows a person who owns a property worth 400.000$ and wishes to obtain Turkish citizenship, to include his family in his naturalization file, which is the wife and children under the age of 18.
- Family book or family statement translated and certified.
- A clearance document of judgment for the investor and his wife.
- 2 recent photographs of all family members.
- 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.
- Receipts received by the seller of the property, or the “construction company,” stamped from the transmitting bank.
- In addition to the application form for obtaining Turkish citizenship in exchange for buying a property.
This was the most important information about how to obtain Turkish citizenship through real estate investment in Bursa.
Edited by: Ebla Group Real Estate
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