The new Turkish citizenship 2024

• هلدینگ ترکیه با ما
• فوریه 20, 2024
• BlogEN
• citizenship
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The new Turkish citizenship laws through property purchase in 2024 – In 2024, Turkiye’s citizenship laws permit individuals to acquire citizenship through property purchase, requiring a minimum property value of $400,000. The property can be residential, commercial, or a combination of multiple units. By investing over $400,000, individuals can obtain Turkish citizenship for themselves, their spouse, and children under 18. It’s crucial to note that the chosen property for citizenship application must meet specific criteria, which can be further clarified with more detailed information.

1.Buying from a Turkish individual:

To apply for Turkish citizenship through property purchase, it is essential that the property in question is acquired from a Turkish individual. In other words, the seller must have Turkish nationality and should not have obtained citizenship through investment or other methods. These regulations are formulated to preserve the authenticity of the process and ensure the fundamental identification of Turkish sellers.

2.No Restrictions in Restricted Areas:

The request for Turkish citizenship through property purchase in restricted areas has no limitations, allowing individuals to apply for citizenship from any point in Turkiye. This opportunity, without any geographical restrictions, enables individuals to submit citizenship applications in their preferred regions. This initiative aims to create equal opportunities for all those wishing to benefit from this advantage.

3.Property Aggregation:

In the process of applying for Turkish citizenship through property purchase, the option to aggregate several properties totaling $400,000 exists. This permission allows individuals to invest the required capital for citizenship by combining multiple residential or commercial properties. This flexibility in property selection and the ability to benefit from a diverse range of regions are made possible by this opportunity.

4.Title in the Name of One Person:

A property deed must be solely in the name of one individual, meaning it cannot be jointly purchased with a spouse. This restriction is imposed due to the impossibility of obtaining citizenship on a family basis for some individuals. In other words, if a couple is seeking citizenship, they cannot jointly purchase property, and the deed must be entirely in the name of one of the spouses.

5.Property Type:

A property can be categorized as residential or commercial, but it is crucial that it is not located in military, industrial, or agricultural zones. It is worth noting that the property appraisal report (appraisal), the foreign exchange conversion sheet (Döviz Alım Belgisi), bank deposit receipts, and the amount stated on the property deed must each separately complete an amount of $400 for the purpose of enhancing accuracy and transparency in property transactions.

New Laws in 2024

_Land Purchase Restrictions:

New laws in 2024 stipulate that buying land for the purpose of acquiring citizenship will no longer be possible. Additionally, project valuation will no longer be based on the completed project’s price; instead, it will be determined based on the current progress of the project and the area’s specified prices. These changes aim to enhance transparency and accuracy in property assessments.

_Family Members’ Presence:

Simultaneous presence of both the investor and their spouse is mandatory during two stages of the process—fingerprinting and document completion. Legal representation is not allowed during the citizenship application stages. In this regard, the presence of children under 18 years old is not obligatory in this process. This measure is implemented to increase transparency and ensure personal attendance during crucial stages of the process.

For more information on Turkish citizenship acquisition conditions, feel free to contact the “With Us” Commerce Department. More precise details and consultation regarding Turkish citizenship will be available through this contact.