Advantages of a Turkish citizenship
There are great advantages with obtaining a Turkish citizenship. Some of these are:
You can keep your current nationality and passport.
The application process only takes 4 months.
If you keep ownership of the property for 3 years you can sell it but still keep your citizenship.
You can earn good rental income during this period thanks to your citizenship and
your property purchase.
You can also do business in Turkey.
Frequently asked questions about Turkish citizenship:
Recently, a law concerning Turkish citizenship through investments in the country was introduced. We will therefore present answers to some of the most frequently asked questions regarding this new law:
Can you briefly explain the process of applying for Turkish citizenship when purchasing a property?
The procedure begins with the purchase of a property and after submitting an application to the property register. The application is sent to the relevant ministry where the value of the property is determined and the decision is made that the property cannot be sold within 3 years.
Secondly the application for a Turkish citizenship is submitted. When the decision is made, you get your citizenship and you can then also apply for a Turkish passport.
Can my family get a Turkish citizenship when buying a property?
The entire family including spouse and children under the age of 18 can obtain a Turkish citizenship.
Can my child over the age of 18 benefit from the new rules of citizenship?
No, unfortunately adult children are not covered by the right of citizenship.
How should I calculate the exchange rates for USD and TL?
According to the law, the exchange rate is calculated at the Turkish Central Bank and the selling rate on the day of the transaction.
How long does it take to get a Turkish citizenship?
The process normally takes 3-6 months.
I do not have the opportunity to travel to Turkey. Can I still get a Turkish
citizenship when I purchase my property?
If you supply a power of attorney to your lawyer, you can follow all the steps from a distance and still get a citizenship.
I already own a property in Turkey. Can I apply for Turkish
citizenship after the purchase?
The application can be made for property purchases and investments carried out after 20th of September 2018.
Which nationalities can qualify for a Turkish citizenship with a
Anyone who buys a property in Turkey can make this application regardless of nationality.
Can I get a citizenship for my disabled child over the age of 18?
Yes. You can get a citizenship by showing documentation that your child
needs special care and attention.
The process for Turkish citizenship when buying real estate can take up to 6
months. Can I get a residence permit during this period?
Absolutely, both you and your family can get a residence permit during this time.
What investments are required to meet the conditions for a Turkish
• An investment of at least USD 500,000 or its equivalent in foreign currency or
• A deposit of at least USD 500,000 or the equivalent in foreign currency or
Turkish lira to a bank operating in Turkey. This provided that the money is not
withdrawn over the next three years.
• Purchase of shares, purchase of real estate, investment funds or venture capital investment funds for at least USD 500,000 or the equivalent in foreign currency or Turkish lira. This provided that the holding is not sold for the next three years.
• Purchase of government bonds worth at least USD 500,000 or the equivalent in foreign currency or Turkish lira, provided that the holding is not sold for the next