Summary of the recent amendment to the property law for the purpose of Turkish citizenship

2023-04-24

4,901 Views

Summary of the recent amendment to the property law for the purpose of Turkish citizenship

The General Directorate of Land Registry and Land Survey in Turkey approved some amendments to the procedures related to buying a property to obtain Turkish citizenship, and published them in the guide to the executive regulations related to Turkish citizenship, announcing the obligation to implement them starting from the beginning of the year 2023.

The recent amendments regarding the controls of owning a property for the purpose of Turkish citizenship

At "Imtilak Real Estate", we can summarize these amendments as follows:

1. One contract condition (in forwarding sales contracts):

View all

According to the new amendments related to foreign real estate investors wishing to apply for Turkish citizenship, specifically for future sales contracts; The collection of real estate purchased in one sale contract has become a binding matter in owning the property in order to obtain Turkish citizenship, as it is possible to buy multiple properties that achieve the specified value for applying for Turkish citizenship, which is $400,000, but they must all be in one forward sale contract, not in multiple contracts.

Likewise, with regard to future sales contracts, the amendments stipulated that these contracts be concluded on real estate on which a floor easement or floor ownership was concluded, meaning that the seller who does not have a floor easement or floor ownership of his property; He cannot conclude a forward sale contract to a foreign buyer who intends to apply for Turkish citizenship in exchange for a property.

2. The mortgaged property is not acceptable in citizenship transactions:

The new amendments stipulated that a foreigner's request to obtain Turkish citizenship would not be accepted in return for a real estate share in property acquired between two or more partners, even if the value of the share exceeds the amount required for citizenship.

This means that the real estate or real estate whose owner will apply for Turkish citizenship must be the exclusive property of the applicant alone.

3. The property purchased on the plan will not entitle its owner to apply for Turkish citizenship:

That is, the property purchased with the aim of obtaining Turkish citizenship cannot be an off-plan property, but rather it must be a property whose construction has begun. Any drug that violates this condition will not be accepted in the procedures for applying for Turkish citizenship.

4. The property sold by a foreigner to a Turkish citizen during the last three years does not nominate its buyer for citizenship:

It was stated in Article Three of the paragraph related to the parties to contracts in the guide to applying for Turkish citizenship: Any real estate sold by a foreign owner to a Turkish citizen or a Turkish company during the last three years; It will not be accepted in the applications for Turkish citizenship.

5. Real estate appraisal reports extracted before the sale transaction are invalid:

That is: any real estate appraisal report that was extracted before starting the real estate purchase transactions; He will not have legal validity in transactions to determine the value of the property owned in order to obtain Turkish citizenship.

View all

6. The property purchased from a Turkish citizen who is close to or who acquired citizenship exceptionally is not suitable for obtaining citizenship:

The amendments also stipulated the conditions that must be met in the property to authorize the woman to apply for Turkish citizenship: that the property should not be sold by a Turkish citizen who is related to the foreign buyer, and that the property should not be sold by a Turkish citizen who obtained Turkish citizenship by exceptional means.

7. Other properties that will not nominate their buyers for Turkish citizenship:

It was also stated in the aforementioned amendments that any real estate that has a legal mortgage will not nominate its foreign buyer to apply for Turkish citizenship, and it will not be accepted in its transactions.

Also, the co-ownership deed (which allows ownership for a certain periodic period of time, such as a month in a year or a week in a year, etc.) will not be accepted in the applications for Turkish citizenship.

What are the most important changes approved by the new amendments?

The most important changes approved by these new amendments can be summarized as follows:

Before modifications	After modifications
Turkish citizenship can be obtained based on the presence of a share in a property; Provided that you meet the conditions for applying for Turkish citizenship	The real estate share does not allow its buyer to run for Turkish citizenship. Even if you meet the other conditions
A group of forward sale contracts can be concluded on a group of real estate; Provided that all conditions for the value of the candidate for Turkish citizenship are met	Real estate expropriated by deferred purchase must be collected in order to obtain Turkish citizenship in one contract
Citizenship real estate can be purchased from any Turkish citizen or Turkish company, unless its ownership has been transferred to this citizen or company by the foreigner, his wife, children, or a citizen of his country after 07/12/2017	Citizenship property cannot be purchased from any Turkish citizen or a Turkish company that has purchased it from a foreign citizen during the last three years, nor can citizenship property be purchased from any Turkish citizen who is related to the foreign buyer, nor from a Turkish citizen who obtained his citizenship by exceptional means
It is possible to apply for Turkish citizenship in exchange for purchasing a legally mortgaged property, or through a real estate share with a co-ownership deed, or from a property purchased on the plan, provided that the specified value and other conditions are met.	Real estate that is legally mortgaged, real estate that has not started its construction operations, in addition to shares of co-ownership in the real estate; is no longer accepted in Turkish citizenship transactions.

Do you like this topic? You can share it with your friends now

Need real estate help?

Consult with our specialist