Iraqi investor and his family obtain Turkish citizenship through Imtilak Real Estate
Iraqis' ownership in Turkey | Does it grant them the right to obtain Turkish citizenship?
Iraq is included within the list of countries whose citizens are entitled to purchase real estate in Turkey according to the law issued in 2012, and under the decision of the Council of Ministers regarding the purchase of immovable property by foreigners in Turkey, where the Iraqi citizens are considered to be covered by the aforementioned laws and decisions.
Nevertheless, the Iraqis need to fulfill certain conditions before purchasing real estate in Turkey; the conditions are approval of the Ministry of Interior and the Turkish Ministry of Foreign Affairs.
The Iraqi citizens do not need to check with these two ministries themselves, where the Turkish Land Registry Office will carry out this procedure after the necessary papers are submitted.
Buying property in Turkey | Your way to obtain Turkish citizenship
After amending the Turkish citizenship law for investors in 2018, it became possible to obtain Turkish citizenship in exchange for real estate investment of only $ 250,000 instead of one million dollars in the previous decision.
By buying a property worth $250,000 at least and pledging not to sell it for three years. According to real estate ownership; the owner has the right to apply for Turkish citizenship.
It is noteworthy that the Turkish passport has an advanced global position, where it ranks 39 globally with 114 points on the travel-without-visa index, and allows its holder to enter more than 72 countries without obtaining a pre-entry visa.!
The holder of the Turkish passport can also enter more than 42 countries with an entry visa issued immediately upon arrival, and more than seven countries grant the Turkish passport holder an electronic entry visa online.
The recently passed legal amendments have increased the desire of the foreign investors, especially Arabs, to own property in Turkey to obtain Turkish citizenship, and indeed, the investors started obtaining Turkish citizenship after completing the transactions in a record period.
After applying with all the required official documents, the waiting time does not exceed 90 days maximum!
We, in Imtilak Real Estate, congratulate our dear client Mr. Iyad Al-Kubaisi from Iraq, on obtaining Turkish citizenship through real estate ownership in Turkey with the assistance of Imtilak Real Estate.
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