TURKISH CITIZENSHIP

With the Regulation on the Amendment of the Turkish Citizenship Law published on 19.09.2018, it is now possible for people who invest in real estate worth 250.000 USD to gain Turkish citizenship. 

To summarize the steps to be followed in order to acquire citizenship through real estate investment; 

• 250.000 USD worth of real estate should be purchased.
• This real estatecan be either a built immovable or a non-structured immovable such as land, agricultural land.
• The sales transaction must be documented by the bank’s approved bank receipts worth USD 250,000 from the buyer’s bank account to the seller’s bank account.
• A real estate valuation report should be obtained from theCMB approvedcompanies regarding the purchased property. 
• The title deed register should be given to the declaration that the immovable property will not be sold for 3 years and that an application forcitizenship is made by exceptional means.
• The person becomes ready for application with the investmentcompliancecertificate to be obtained from the General Directorate of Land Registry and Cadastre. 
• Short-term residence permit must be obtained.
• With the positive result of the residence permit application,TurkishCitizenship application is applied with all necessary documents. 
• The application takes 2-3 months on average.
• Allof the application process (from start to the end) will be carried by our team with the power of attorney given by foreigners. Foreigners do not need to be in the country during the application. Only once during the entire process foreigners come to Turkey to participate the interview to be made for a residence permit. 

With the Regulation on the Amendment of the Turkish Citizenship Law published on 19.09.2018, it is now possible for people who invested 500.000 USD in bank deposits to acquire Turkish Citizenship. 

To summarize the steps to be followed in order to acquire citizenship through investment of bank deposits; 

• deposits amounting to 500,000 USD must be deposited into one of the banks operating in Turkey.
• The date of deposit is not important. In order to obtain the investmentcompliancecertificate, it is sufficient that the existing deposits provide the minimum amount stated in the law during the application to the BRSA. 
• It is not mandatory that the deposit be in USD type and it is possible to deposit in foreigncurrency or Turkish Lira.
• Whether the deposit provides the price stated in the law will be determined according to the effective selling rate of theCBRT on the date of the application.
• Following the deposit, an application is made to the BRSA for obtaining investmentcompliancecertificate. Upon receipt of the certificate of conformity, the person is ready to apply. 
• Short-term residence permit must be obtained.
• With the positive result of the residence permit application,TurkishCitizenship application is applied with all necessary documents. 
• The application takes 2-3 months on average.
• iscarried out by us until the end of the beginning of the application process with the power of attorney given by foreigners, only once during the entire process foreignerscome to Turkey and to participate in the interview to be made for a residence permit is sufficient.