How to Get Turkish Citizenship by Investment 2024

In recent years, there has been an increase in interest in the ownership in Turkey, especially in the field of real estate investment

How to Get Turkish Citizenship by Investment 2024
29,030
2024-01-05

In recent years, there has been an increase in interest in the ownership in Turkey, especially in the field of real estate investment, where this vital sector witnessed unprecedented support from the Turkish government.

 

Foreign Property Ownership in Turkey- Significant High Trends

Returning to the figures that explain the reality of ownership in Turkey in 2018, Istanbul topped the list of the best-selling Turkish states with 235,055 apartments and, accounting for 17% of total real estate sales.

Ankara came second with 131,161 apartments, 9.5% of total sales across Turkey.

The state of Izmir ranked third in the list of best-selling residential apartments, with 75 thousand and 672 apartments, and by 5.5%.

Turkish Citizenship by Property Ownership- Best Investment Ways

After the amendment of the Turkish Nationality Law for investors in 2018, it became possible to obtain Turkish citizenship for a real estate investment of only $ 400 thousand instead of a million dollars in the previous decision.

By buying a property worth at least US $ 400000 and pledging not to sell it for three years. Under the ownership of the property, the owner is entitled to apply for Turkish citizenship.

The Turkish passport occupies an advanced global position, ranking 39th globally, registering 114 points on the Visa Free Travel Index, and allows its holder to enter more than 72 countries without a prior visa!

The Turkish passport holder can also enter more than 42 countries with an entry visa issued immediately upon arrival. More than seven countries grant an online visa for the Turkish passport holder.

The recent legal amendments have contributed to more turnout of foreign investors, especially Arabs, to own in Turkey for obtaining Turkish citizenship. Indeed, investors began to obtain Turkish citizenship after completing transactions at record speed.

الجنسية التركية انجليزي الجنسية التركية انجليزي

Where the waiting period after completing the official papers does not exceed forty-five days maximum!

In addition to the benefits of Turkish nationality, we should not forget the investment side represented by the economic feasibility of the investment process.

In the following exclusive video, we explore the benefits you get from having turkish passport.


Edited by: Imtilak Real Estate ©

Source: Anadolu

Did you like our topic? You can share it with your friends now!

More from Imtilak
What is the townhouse? The Complete Guide to Living in a Townhouse

The townhouses are trending in the real estate market. It offers the perfect blend of affordability, community, and priv...

2024-02-23
331
What is the penthouse? Your sky-high luxury living

Learn everything you need to know about penthouses. Discover the pros and cons of living in a high-rise apartment with s...

2024-02-23
330
Mortgages Explained: Your Ultimate Guide to Homeownership

Buy your dream home! This guide helps you understand mortgages and the different types of home loans. Learn key terms an...

2024-02-23
223
contact contact

Talk to us on your favorite channel

What are you looking for in a property?

back

Channels

Thank you!

close

Your message has been successfully sent. We will contact you very soon!