Ways to obtain Turkish citizenship by real estate investment
There are many ways to obtain Turkish citizenship by real estate investment as we will see in this article from Ebla Real Estate.
Obtaining Turkish citizenship by buying property:
There are many ways to obtain Turkish citizenship. Among the ways is that the foreign citizen can obtain Turkish citizenship by buying a property in Türkiye, whether it is agricultural or architectural land, and whether the building is under construction or ready; If the property meets the conditions and criteria of Turkish citizenship.
The investors should invest 400.000 $ or more in real estate in Türkiye or its equivalent in foreign currencies. Moreover, the buyer must not sell the property for 3 years.
There are many advantages of obtaining Turkish citizenship by buying property, among the most prominent of them are:
- Obtaining a Turkish passport that provides its holder access to more than 100 countries visa-free and offers easy entrance rights to 26 Schengen Zone Countries.
- A citizen of a foreign country who acquires Turkish citizenship has the same rights that a Turkish citizen has, regardless of religion, language or race.
- The holder of the Turkish citizenship grants it to close family members including spouses and children under 18 years old
- Obtaining Turkish citizenship provides an opportunity to live, study and get free medical treatment in Türkiye.
Ways to obtain Turkish citizenship by real estate investment:
There are many ways to obtain Turkish citizenship by real estate investment, which are:
Buying a property in Türkiye in cash:
Many investors prefer to buy real estate in cash to obtain Turkish citizenship, as this way provides many advantages, including:
- When buying an apartment in cash, buyers can immediately go to the Title Deed Directorate to complete the procedures for transferring ownership of the property to obtain the title deed or “Tapu”.
- Moreover, investors can get a discount of up to 30% of the value of the apartment.
- Furthermore, they can immediately start a real estate investment project.
Buying a property in installments in Türkiye:
Foreigners have the right to buy a property in Türkiye in installments with the aim of obtaining Turkish citizenship, provided that the first payment is equal to 400,000$.
Buy ready to move property in Türkiye:
Purchasing ready to move property is among the ways to obtain Turkish citizenship. Many people prefer ready-made properties because of its many advantages, including:
- The buyer can instantly move into the new house and immediately can get the title deed.
- Moreover, there are no risks of delayed possession.
- Furthermore, the buyer can see and inspect the final outcome.
- In addition, the buyer can immediately invest in the property by renting or reselling it.
Buy under-construction property in Türkiye:
There is a great demand on real estate under construction in Türkiye by foreigners to obtain Turkish nationality. Real estate under construction in Türkiye is an ideal investment opportunity due to the recent economic growth in Türkiye and the continuous rise in the price of the property under construction with the progress of the construction stages.
Moreover, properties under construction are usually sold at lower prices compared to ready-made properties and they may be sold in installments.
To buy real estate in Türkiye to obtain Turkish nationality, contact Ebla Real Estate. Ebla provides the best offers of real estate in Türkiye.
Edited by: Ebla Group Real Estate
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