The right property price for Turkish citizenship
The real estate market in Turkey has become today one of the first real estate markets in the world in terms of buying and selling movements that it is witnessing, which prompted investors to choose the real estate market in Turkey for investment because it contains features on all aspects of guaranteed opportunities to profit and achieve financial benefits for the investor or to obtain Turkish real estate residence to obtain Turkish citizenship by buying a property, especially after the many facilities made by the Turkish government in the past years.
Required price to obtain Turkish citizenship:
The Turkish government has enacted a set of laws and instructions that would encourage real estate investment in Turkey, attract more investors to buy real estate, and support the Turkish economy. It worked to lift restrictions and abolish the law of reciprocity for many countries, and also issued a law allowing obtaining Turkish real estate residence by buying real estate and apartments, leading to the issuance of the decision allowing to obtain Turkish citizenship by buying a property or investing.
Recently, at the beginning of 2022, this law was amended and set a set of conditions and restrictions for those wishing to obtain Turkish citizenship. Among the conditions set by the Turkish government is to set a minimum price required to obtain Turkish citizenship by purchasing a property.
The condition can be formulated as follows:
“The foreign investor can obtain Turkish citizenship through investment, provided that the price of the property that the investor wants to buy is 400 thousand US dollars and that the property is not sold before the lapse of three years.”
Governmental amendments to obtain Turkish citizenship:
It is not possible to obtain Turkish citizenship by buying a property from an investor who holds a non-Turkish citizenship, in which case he is not eligible to apply for it.
The property cannot be sold after obtaining Turkish citizenship to the same person who sold the property to you, i.e. to the original owner.
The Turkish citizenship can be withdrawn to the investor who obtained it if it is discovered that the identification papers are missing or there is some kind of fraud in obtaining them.
How to obtain Turkish citizenship 2022?
A non-Turkish citizen can obtain Turkish citizenship in accordance with the provisions of Turkish instructions and laws according to one of the following methods:
Real estate investment:
that is, when buying a Turkish property with a value of more than 400 thousand US dollars and not selling it for more than three years.
Bank deposit:
i.e. cash deposit in a Turkish bank with a value of 500 thousand US dollars and a period of more than three years.
Commercial Investment:
An investment of a fixed amount of $500,000 or more.
Based on what was previously mentioned, the investor is then entitled to obtain Turkish citizenship after a period not exceeding three months from the date of submitting the papers required to obtain it.
Advantages of obtaining Turkish citizenship:
Today, Turkish citizenship is one of the most important international nationalities and the most requested and desired by many people around the world to obtain it and enjoy its powers. This is what the reality has witnessed in the past few years to this day, and one of the most important advantages that Turkish citizenship enjoys
Obtaining Turkish citizenship gives its owner many advantages. Once a foreign or Arab investor obtains it, he enjoys most of the citizenship rights of a Turkish citizen.
Free government hospitals can be reviewed and government health insurance provided by the Turkish government can be obtained.
Free government education opportunities can be obtained for the investor with Turkish citizenship and all his family members, as well as learning opportunities in Turkish public universities.
The holder of Turkish citizenship is allowed to reside and reside, as he lives in a country that is considered one of the best countries in the world with security and the most powerful in all economic, political and service aspects.
An investor with Turkish citizenship is allowed to buy countless real estate, which means ease of movement for the investor in the real estate market in Turkey.
The holder of Turkish citizenship can obtain the Turkish passport, which is one of the most powerful passports in the world, and thus obtain entry visas to most countries of the world with it.
Reasons for investors to obtain Turkish citizenship
Perhaps one of the reasons that push investors to obtain Turkish citizenship is the position that Turkey enjoys among the great countries in the world. Turkey today has become one of the first major global countries due to the development it has witnessed in various fields and its economic and political stability
On the economic level, Turkey's economy is proving day after day its strength and solidity in the face of all internal and external challenges, while on the political level, the governmental policy followed by the Turkish authorities, whether with regard to external or internal relations and good relations with most countries around the world, not to mention the development in the service field, Turkey today has become more similar to European cities, as it has developed and modern infrastructure, both from public facilities and rapid and advanced means of transportation, to road networks, tunnels and bridges that connect Turkish cities, in addition to the many future plans announced by the Turkish government that will put Turkey at the forefront of countries and keep pace with developments.
All these reasons prompted many investors and businessmen to go to Turkey in order to obtain Turkish citizenship so that they could then obtain the Turkish passport, which is one of the most powerful passports in the world through which visas can be obtained for most countries of the world.
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Real estate investment guide in Istanbul
Conditions for obtaining Turkish citizenship
Types of Turkish passport and its features
Benefits of buying a property in Turkey
How to obtain real estate residence in Turkey?
