You can obtain citizenship by buying a property in Turkey or several properties, the total value of which exceeds 400 thousand US dollars, provided that ownership is retained and not sold for a period of at least 3 years.
You can obtain Turkish citizenship through the following exceptional ways:
- Owning real estate with a value of more than 250 thousand US dollars, and not selling it for 3 years.
- Deposit an amount of 500 thousand US dollars in a bank in Turkey for a period of 3 years.
- A fixed investment of $500,000.
- Employment of 50 Turkish employees.
- A copy of the Tapu (title deed).
- Real estate appraisal report.
- Translation and attestation of the passport.
- Translation and attestation of the birth certificate.
- Receipts to prove the sale of the investment amount in foreign currency to the Central Bank.
- Receipts to prove the transfer of the property value in Turkish lira to the seller’s account.
Yes, Turkish citizenship can be obtained when buying a real estate unit in a project under construction, provided that the title deed is ready, and if the payment is in installments, the value of the paid installments should exceed 400 thousand dollars.
You can obtain Turkish citizenship online, by sending the required supporting documents by mail attached to a special agency issued by the Turkish embassy in your place of residence to a Turkish lawyer who will follow up all procedures until citizenship is obtained, and then he can send you personal identity cards and Turkish passport.
- Receive the best offers and opportunities suitable for your request and budget, through a qualified real estate advisor.
- A real estate tour to see the appropriate real estate projects.
- Obtaining a tax number.
- Translating the passport into Turkish and then attesting it from the Notary.
- Attach the previous documents with 4 personal photos.
- Signing the purchase contract with the seller.
- Submitting an application for transfer of ownership to the Tapu Directorate (Land registry).
- Real estate tax payment.
- Issuance of the title deed in the name of the new owner.
- Title deed tax: 4% of the property value.
- Annual tax: 1% of the property value.
- Tax on profits from resale: from 15 to 30% in case of resale within a short period.
- Proceeds: These are the fees for common services such as maintenance, lighting, and elevators.
You can buy an apartment in installments in Turkey with easy payment plans, as follows:
- Buying without interest through real estate marketing companies, after organizing an official sales contract that clarifies the value of each payment, the payment mechanism, and the installment period, which usually ranges between 12-36 months.
- Or by purchasing via having a loan from a Turkish bank where the bank buys the housing unit, then puts it under the mortgage until the completion of the payment of installments.
- There are some installment methods with non-fixed installments with government real estate companies with long installment periods.
Buying a property in Turkey costs you to pay fees for the following services:
- Transfer of title deed.
- Real estate appraisal report.
- Lawyer’s expenses upon request.
- Property tax.
- Earthquake insurance.
- Maintenance and services.
You can buy a property in Turkey online through the following steps:
- Via a video call, we will take you on a real estate tour of residential projects.
- Our team helps you choose the right property for your requirements and budget.
- We ask you for a power of attorney to the lawyer of our company, notarized at the Turkish Embassy in your place of residence.
- The reservation amount is transferred to our bank account.
- Submit a copy of your passport.
- We send you a copy of the purchase contract for your signature.
- The contract is attested by the Notary.
- We ask you to transfer the property value to the seller’s account.
- We get the Tapu (title deed) in your name from the Land Registry Directorate and send it to you.
- If the value of the property is more than 400 thousand dollars, we can help you with the procedures for obtaining Turkish citizenship and a Turkish passport for you and your family without even coming to Turkey.
Tapu in Turkey is the title deed, which is an official document that proves the ownership of the property and is obtained from the Directorate of Land Registry in Turkey, and contains data: the name of the owner, the title of the property, its type, area and all its exact details.
- Submit an official application to the Land registry Directorate.
- The application shall be attached with all documents and papers for the property, the seller, and the buyer.
- Checking the details of the application at the Land registry Directorate, then requesting the seller and buyer or their representatives to obtain their signatures.
Yes, the Turkish legislation permitted the participation of more than one owner in the title deed document, where a specific number of participants was not specified in the document of owning a single property.
You can submit a request for obtaining a title deed online via the official website WEB TAPU, after completing all transactions and paying fees online, then going to the Land Registry Directorate on the date you will be notified to obtain your signature.
- About $100 Land Registry Service Fee.
- About $300 fees and taxes.
- The real estate sale tax is divided between the seller and the buyer – often – or according to the agreement, and its value is 4% of the value of the property.