Citizenship of Turkiye

Citizenship of Turkiye

Citizenship by Investment Program (CBI) for Türkiye: Current Procedures, Requirements, and Avertiss’s Expert Support

Türkiye has introduced a “citizenship by investment” program to encourage foreign investors and stimulate capital inflow into the country. This program allows individuals to obtain Turkish citizenship by purchasing real estate above a certain threshold. Leveraging its strong partnerships in Alanya, Avertiss facilitates a fast, secure, and accurate process for investors seeking to benefit from this program.

1. Current Procedures and Requirements

1. Minimum Investment Amount
   To apply for Turkish citizenship through real estate investment, one must purchase property within Türkiye that meets or exceeds a certain minimum value. As this figure is periodically updated by relevant regulations, it is crucial to verify the latest amounts prior to application.

   Important Note:
   Foreign nationals who purchase real estate in Türkiye valued at USD 400,000 or more are eligible for Turkish citizenship under exceptional procedures.

   Under this program:

   • A property worth at least USD 400,000 must be acquired.
   • During the citizenship application, the property’s purpose (purchased for citizenship) must be explicitly stated in the title deed; furthermore, on the relevant form, the applicant must declare they will not sell the property for three years.
   • Once the land registry procedures are completed, the foreign buyer may submit the Certificate of Conformity to the relevant authorities, thus requesting residency or citizenship.

2. Title Deed and Official Documentation
   After acquiring the title deed to the property, the Ministry of Environment, Urbanization and Climate Change issues a valuation report confirming that the investment meets the prescribed minimum value.

3. Official Registration of the Sale
   The purchased property must be officially registered under the buyer’s name with the Land Registry Office. Upon successful registration, the citizenship application process may begin in earnest.

4. Citizenship Application
   Once the property investment is complete and the valuation report obtained, a formal application for citizenship can be submitted via the General Directorate of Population and Citizenship Affairs or authorized intermediary organizations. If the relevant ministries find the applicant meets the requirements, Turkish citizenship is granted.

5. Extension to Family Members
   Through this investment-based citizenship, the applicant’s spouse and children under the age of 18 are also entitled to citizenship, ensuring family unity and equal rights for all.

2. Steps Required for the Application

1. Identifying the Right Property
   It is crucial to choose a property that aligns with your investment goals and budget—preferably one with a high potential for capital appreciation. Factors such as location, project quality, and rental income potential should also be taken into account.

2. Expert Legal and Financial Consultancy
   To minimize any risk of error—especially regarding tax obligations, title deed transfers, and citizenship-related documentation—it is advisable to seek professional guidance.

3. Monitoring the Latest Regulations
   Given that legal procedures and minimum investment thresholds can change periodically, it is important to stay updated on current legislation and consult experts if needed before starting the application.

3. Citizenship By Investment (CBI) Advantages Offered by Avertiss and Its Alanya, Turkey Based Partners

Avertiss has established a robust network of local partners in Alanya, Türkiye, offering comprehensive support to clients looking to join the Turkish citizenship by investment program:

• Regional Expertise: Helps you find the most suitable property in Alanya, focusing on projects with high capital growth and rental potential.
• Legal and Financial Guidance: From title deed registration to tax regulations, and from citizenship procedures to valuation reports, you receive reliable support from experienced specialists.
• Fast and Efficient Application Management: Proper document preparation and coordination with the relevant authorities enable the completion of the citizenship process in the shortest possible time.
• One-Stop Service: Every step—real estate consulting, attorney referrals, valuation reports, application file preparation—is managed through a single, integrated channel.

4. Advantages of Investment-Based Turkish Citizenship (CBI)

1. Dual Citizenship
   Turkey recognizes dual citizenship with many countries, allowing you to obtain Turkish citizenship without renouncing your existing nationality.

2. Freedom of Movement and Rights
   As a Turkish citizen, you gain the right to reside, work, and benefit from educational and healthcare services throughout Türkiye.

3. Coverage for Family Members
   This program extends to the applicant’s spouse and children under 18, ensuring the entire family enjoys the same privileges.

4. Long-Term Investment Potential
   The Turkish real estate market offers notable long-term capital appreciation. Thus, in addition to acquiring citizenship, your purchase may also prove to be a profitable investment.

5. Contact Us!

For a fast and error-free process in obtaining Turkish citizenship through a property investment, reach out to Avertiss’s experienced team today. Working with our trusted partners in Alanya, we guide you in selecting the ideal property and handle all legal and administrative tasks in full compliance with current regulations.

Email: info@avertiss.com

With Avertiss’s expertise, you can confidently explore real estate opportunities in Türkiye and secure investment-based Turkish citizenship in line with the latest regulations!