Turkey citizenship by investment

Yes, if the property is worth at least $400,000. The investment property must be held for a minimum of 3 years from the date of purchase.

Investing in Turkish real estate provides a pathway to citizenship. To qualify, one must purchase a property valued at $400,000 or more. In addition to citizenship, foreign real estate also helps preserve capital and offers the opportunity to earn rental income.

Buying property alone does not grant the right to reside in Turkey. To stay without restrictions, one must obtain a residence permit or citizenship. Investors who purchase property worth at least $400,000 may become Turkish citizens.

It depends on the investment option. Obtaining Turkish citizenship by investment is relatively straightforward if the applicant has the required funds, although the process includes complex legal steps. 

Other paths, such as citizenship by descent or naturalisation, have their own criteria and specifics.

While Turkey does not officially have a program called a Golden Visa, the term is often used to refer to residency or citizenship by investment programs. Turkish citizenship can be obtained by investment starting at $400,000.

To qualify for Turkish citizenship by real estate investment, one must purchase property worth at least $400,000 and maintain ownership for at least 3 years. 

The transaction must be completed, and the Turkish Ministry of Environment and Urbanisation must confirm the property's value. After approval, the investor and their family become Turkish citizens.

Investors are not required to live in Turkey. To obtain citizenship, it is enough to visit the country to submit biometrics.

Other routes, such as naturalisation or marriage, require five years of continuous residence in Turkey.

Yes, the Turkish government does not restrict foreigners from purchasing property. However, they are prohibited from buying homes near military zones.

Turkey prohibits citizens of seven countries from purchasing real estate: Armenia, Syria, Cyprus, Cuba, Taiwan, North Korea, and Eritrea.

The investor can ask the seller for identification and the title deed, TAPU. It is also possible to check the land registry for any encumbrances on the property.

To avoid dealing with unreliable sellers, investors seek legal assistance. Lawyers verify the property, help choose options from trusted developers, and ensure the deal and purchase agreement are legally sound.

Yes, Turkey permits dual or multiple citizenships, provided it does not conflict with the laws of the applicant’s home country.

Yes, the investment is refundable. It can be recovered after three years of holding the asset.

The main risks involve real estate. Investors may encounter dishonest sellers who overprice properties, hide encumbrances, or offer properties that do not meet the program’s criteria.

Additional risks arise when choosing an immigration agent. An unreliable firm may incorrectly prepare documents or contracts, leading to a rejected citizenship application.

Property owners pay an annual real estate tax ranging from 0.1 to 0.3% of the property’s value. Rental income is taxed progressively from 15 to 40%.

The corporate tax rate is 20%, applicable to investors who set up a company in Turkey.

Most often, citizenship is denied due to errors in the documents or missing items in the application. The application will also be rejected if the property does not meet the program requirements, for example, if it costs less than $400,000 or was purchased from a relative.

Citizenship will be denied to applicants with a criminal record or serious medical conditions.