How to Get Turkish Citizenship - Sitare Real Estate

How to Get Turkish Citizenship Through Real Estate Investment

Phase 1:

Purchase the property with a valuation report and a notary deed.

Phase 2:

Obtain a residence permit for investors.

Phase 3:

Submit an application for citizenship.

Our Services for Obtaining Turkish Citizenship:

We will help you choose the right property.

We will provide you with a valuation report and a notary deed.

We will help you find a sworn translator.

We will provide you with legal services to complete the transactions.

We will help you transfer the funds to the owner and obtain the corresponding document from the property title deed.

We will handle and follow up on the process of transferring the property title deed to the client from A to Z.

Documents Required for Obtaining Turkish Citizenship:

A copy of the property title deed (tapu).

A valid property valuation report.

Original payment receipts from the buyer's account.

Original receipts of collection from the seller's account.

Two copies of the power of attorney for applying for citizenship.

A translation of the passport into Turkish, notarized by a notary.

Questions & Answers about Turkish citizenship:

1. What are the documents required to obtain Turkish citizenship through property ownership?

A valid passport.
A tax number.
A property valuation report from the Land Registry office.
A property title deed.
A receipt for the full payment of $400,000 or more.
There are other documents and records that the lawyer will prepare and attach to the application file for citizenship.

2. What are the basic conditions for obtaining Turkish citizenship through real estate investment?

Purchase a property in Turkey from a Turkish citizen or from a Turkish legal entity.
The property must have a regular title deed, even if it is under construction.
The property price must be more than $400,000 USD.
The property price must be paid by bank transfer from a bank outside of Turkey or inside Turkey.
The buyer must pledge not to sell the property for 3 years.

3.What is VAT?

VAT, or Value Added Tax, is a consumption tax that is added to the price of goods and services sold in Turkey. The rate of VAT is generally 1% or 8%, depending on the type of property.

VAT exemptions for foreigners:

Foreigners are eligible for VAT exemptions on the purchase of property in Turkey if they meet the following conditions:

They do not have a permanent residence permit in Turkey.
They are the first owner of the property, meaning they purchase it directly from the construction company.
They do not have a physical presence in Turkey for more than 180 days.
They do not sell the property for one year.
To qualify for VAT exemption, foreigners must provide the following documentation:

Proof of non-residency in Turkey.
Proof that they are the first owner of the property.
Proof that they do not have a physical presence in Turkey for more than 180 days.
A declaration that they will not sell the property for one year.

4.The benefits of obtaining Turkish citizenship

Turkey has one of the 20 strongest economies in the world, which opens up a variety of investment opportunities.
The Turkish passport is ranked 38th in the world for 2019, and holders can travel to 71 countries without a visa, and to 44 countries with a visa on arrival, and two countries issue visas online directly and routinely.
Access to healthcare and education at lower prices than in most neighboring countries with a globally recognized quality.
Increasing and growing investment opportunities in Turkey with facilitation for Turkish citizens.
Family members of foreign investors under the age of 18 are entitled to obtain Turkish citizenship with the investor.

Projects suitable for Turkish citizenship

Sitare Real Estate