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Buying a property in Turkey, investing in Turkey, obtaining a Turkish passport, and obtaining a lifelong Turkish citizenship for foreign citizens have special conditions and rules.

Investing and buying and selling real estate in Turkey attracts the attention of investors from foreign countries. Because investors enjoy many benefits offered in Turkey.

By buying real estate in Turkey, you can evaluate it in order to obtain Turkish citizenship and to use the opportunities of this country as a foreigner.

Our team of TAMTURKEY company, consisting of experienced Turkish lawyers, expert consultants, with experience in the field of real estate in Turkey and familiar with current knowledge, will accompany you in all stages.

Be sure to contact experienced consultants to choose the house and property you want

Expert and correct advice has a great impact on the selection and even the steps of obtaining citizenship and cannot be ignored

Many questions arise in the minds of people who are looking to buy real estate and invest in Turkey. In this content, we intend to answer important questions in detail and provide you with a complete guide so that you can make the best and most suitable choice by getting enough information in this field. Please stay with us.

In this article, which was prepared by an expert and real estate sales consultant in Turkey, completely such things as: buying property in Turkey in 2023, buying property in Turkey for foreigners, advantages of buying property in Turkey, buying property in Turkey for We will explain and review accommodation, TAMTURKEY company’s services in the field of real estate, etc.

The main topics of the article:

– Conditions for buying property in Turkey
– Reasons for investing in Turkey
– Buying property in Turkey for foreigners
– Documents required to buy property in Turkey
– Conditions for selling property in Turkey
– Risks of buying property in Turkey
– Advantages of buying property in Turkey
– Buying property in Turkey for residence and Turkish citizenship
– Our services for buying real estate in Turkey

buying property in turkey for citizenship

The new rules for buying property and investing in Turkey, the fact that the lira is cheaper than the dollar, providing access to the global trade market, etc., have made many foreigners choose to invest in Turkey.

The Turkish government has managed to attract many investors from all over the world by using tax incentives in Turkey, providing diversity in investment methods and reducing the risk of investing in Turkey.

According to Turkish citizenship laws, foreign investors can acquire Turkish permanent residence and Turkish citizenship by purchasing property in this country.

Individuals can acquire Turkish citizenship by investing through the purchase of property. To achieve this goal, the investor must purchase a property worth 400,000 USD (four hundred thousand dollars) in Turkey.

Conditions for buying property in Turkey
Family and obtaining Turkish citizenship TAMTURKEY

A person who invests in Turkey by buying a property can obtain Turkish citizenship for his spouse and children under 18 years of age. Obtaining citizenship through the purchase of property in Turkey is lifelong and is also given to the newly born children of the buyer.

Since Turkey is one of the best countries to obtain a second citizenship, investors can also have the citizenship of this country while maintaining their previous citizenship.

TAMTURKEY company group with the aim of creating a suitable platform and accompanying its customers in buying and selling houses in Turkey and starting a new path for residence or business in the stages of choosing a property with a great location, buying a property at a reasonable price and doing the right financial and transfer affairs. The document named as the buyer, using experienced Turkish lawyers, is engaged in providing services in the beautiful city of Istanbul.

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Buying a property in Turkey
Conditions for buying property in Turkey

Procedures for buying property in Turkey:

Investing steps through buying property in Turkey and obtaining citizenship can be done easily, but first you should use expert advisors and reputable lawyers and learn about the conditions before buying property.

There are some points that buyers should be aware of before starting the process of buying a property, and we will mention some of them in the following article.

In order to acquire Turkish citizenship through the purchase of property, you must know the conditions for purchasing property in Turkey and comply with some requirements when purchasing.

According to the new laws from 01/01/2023, the purchase conditions and changes in property purchase and investment are as follows.

Property buyers can get citizenship for buying a property worth 400,000 dollars and paying it through the bank and receiving a Döviz Alım Belgesi certificate for a house.

According to this law, buyers cannot buy more than one property for citizenship and the value of the property must be 400,000 dollars, and even properties that are worth more than 400,000 dollars will only be given one citizenship.

From 01/25/2023, foreign buyers can begin the process of obtaining Turkish citizenship if they purchase property from Turkish citizen owners or projects whose builder and owner is a Turkish citizen.

According to the latest approved and implemented law, the value of the property you are buying has been assessed by the appraiser, the Property Inspection and Supervision Board in Turkey, at least 400,000 four hundred thousand dollars. The value of the property at the time of signing the contract should be at least 400 thousand dollars.

According to this law, the property purchase tax will be collected from the buyer according to the appraised property value sheet (expertise), which means, like previous years, the property value and the price written in the Tapu house document must be the same and the tax must be paid to the government.

Buyers and investors are required to maintain the purchased property for at least 3 years and this obligation is recorded as a clause in the ownership document or in the notarized sales contract.

According to the law, the buyer of the property cannot sell his property for 3 years, otherwise the right of citizenship will be revoked.

The purchase amount of the property must be transferred from the buyer’s bank account to the seller’s bank account, and if the property is purchased for citizenship, the payment transaction must be made through the conversion of foreign currency (dollars, euros, pounds, etc.) by the bank.

The property purchase certificate must be approved by IMAR of the Turkish Urban Development Organization.

The advantage of buying property in Turkey:

Among the advantages of buying property in Turkey, the following can be mentioned:

Social security and reasonable welfare facilities and investment of citizens of powerful countries in Turkey are the most obvious advantages of buying property and investing in Turkey.

Buyers and investors can get the passport of this country and benefit from the value of the Turkish passport in the world.

People who acquire Turkish citizenship through buying a house or investing have the same rights as a Turkish citizen.

In addition to maintaining the current citizenship of their country, the buyers have the conditions to benefit from the dual citizenship status in Turkey.

Family members and children under 18 years of age of the property buyer or investor receive Turkish citizenship.

It will be possible to register to study in the best Turkish and international universities and benefit from the educational facilities of this country for all people who received Turkish citizenship.

Benefit from social health insurance in Turkey and pension in Turkey and free Turkish medical services for buyers and investors who have obtained Turkish citizenship.

Buyers and investors can apply for Turkish citizenship by providing representation to the company’s lawyers, and they do not need to be able to speak Turkish.

Applicants do not need to reside in Turkey to apply for Turkish citizenship. Even if they are abroad, they can apply for Turkish citizenship with the power of attorney they give to the company’s lawyer.

For investors and foreign buyers who have become citizens of Turkey, traveling to more than 120 countries will be easy.

It is possible to sell property to foreign and Turkish citizens after 3 years for all property buyers in Turkey.

In general, you should know that meeting the conditions of legal ownership in Turkey is the key with which you can enjoy the right to buy property in the country without any restrictions.

Turkey’s strategic position geographically and Turkey’s location between Europe and Asia and being close to the sensitive and important region of the Middle East shows the importance of Turkey.

The geographical location of Turkey has made this country become an important and big highway for neighboring countries and even other countries of the world, and therefore, investing and starting a business to enter the world trade market through Turkey is for many countries and Foreign citizens play an important role.

Due to the fact that some countries are facing the issue of civil war and severe international sanctions, buying real estate in Turkey and obtaining Turkish citizenship for foreign citizens is a basic solution to maintain the safety of family life and capital of property buyers and immigrants to Turkey.

Especially the countries that are in a state of war or the countries where there is no political stability and social security have increased the migration of the nationals of these countries to Turkey.

In general, real estate laws in Turkey have allowed all nationalities and foreign citizens to own a house or property in Turkey; Of course, a few countries are excluded, such as the citizens of Cuba, North Korea, Syria, Armenia, Cyprus and some neighboring countries such as the Greeks, who cannot buy any type of property in the border areas of the country.

Advantages of buying property in Turkey

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Buying a property in Turkey

Buying property in Turkey and obtaining Turkish residence and Turkish citizenship

The rules of buying real estate and obtaining citizenship or residence in Turkey have undergone many changes in the past years, and foreign nationals face problems due to lack of knowledge due to changes in the conditions and rules of buying real estate.

According to the laws of citizenship and property purchase in Turkey in 2023 for foreigners, people who buy a house or real estate with a total value of 400 thousand dollars can get Turkish citizenship for themselves and their families for life, so that you Buying a property in Turkey, you have made a profitable investment in a safe place and you have bought a new future for your family.

Of course, this is not the only possible way, you can also buy a property in Turkey for more than 75 thousand dollars in big cities and 50 thousand dollars in small cities, for one or two years of real estate residence in Turkey for yourself and your family (spouse and children under 18 years of age) that this type of residence can be extended from year to year.

It is worth noting that it is common among the majority of applicants for real estate residence that by extending this residence for five years, you can easily obtain permanent Turkish citizenship!!! There is no such law in the laws of the Turkish Immigration Department, and in fact, the law I learned from many ignorant consultants or other people.

Documents required to buy property in Turkey:

Purchased property document (TAPU) and all information including the location of the property, its address, land coordinates and the confirmation of the document registration organization regarding the correctness of the ownership of the property.
Documents of the current owner and the buyer, including KIMLIK card, passport and birth certificate, with official translation in Turkish
From 2022 Döviz Alım Belgesi sheet was added
The price expertise sheet approved by the property appraiser unit
Paying municipal taxes and fees and other government fees for property purchase
Two pieces of 6×4 photos of the seller and the buyer
Two fair witnesses to make a transaction in a Noter (NOTER)
The presence of the lawyer of the parties, the original and copy of the power of attorney along with the official translation and confirmation
The presence of an official and sworn translator in the NOTER

Documents required to buy property in Turkey
Documents required to obtain Turkish citizenship

Birth certificate, official translation certified by the embassy of the applicant country (these things will be done by the embassy of the applicant country in Turkey)
Translation of marriage certificate with embassy confirmation
Original passports and birth certificates and marriage certificate
6 photos per person
Receipt of deposit to the account of the manufacturer directly (it means the same investment amount)
Property deed in the amount of 400 thousand dollars
Working power of attorney to the Turkish lawyer for action
Bachelor’s degree in property value

Duration of receiving Turkish citizenship

The steps are as follows:
Contract with a lawyer
Approval will be obtained three to four weeks later.
One month later, the investment residence card will be obtained.
The period of obtaining citizenship is between 2 months and 9 months.
After these steps, the citizenship card and passport will be sent to your stated address
After buying the property, the experienced lawyers of TAMTURKEY will complete all the legal and administrative procedures to obtain Turkish citizenship for the clients.

Obtaining citizenship through the purchase of property in Turkey

People who want to buy property in Turkey must have the citizenship of one of the countries allowed to buy land. Citizens of most countries are allowed to buy property in Turkey.

The owner or his legal representative must submit his request to the relevant ministry to submit the preliminary measures to transfer the property document and perform administrative tasks before making the transaction and concluding any contract. If the application is not submitted in the specified time, the transfer of the document and the conclusion of the contract will be delayed.

Obtaining residence by buying a property in Turkey

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Buying a property in Turkey

In May 2022, the Turkish government adopted a package of decisions, in which it is mentioned that a foreigner who wishes to obtain real estate residence in Turkey by purchasing a property must purchase a property worth 50 thousand dollars in small cities. and in large provinces such as Antalya, Istanbul, Ankara, the value of the purchased property should not be less than 75 thousand dollars.

Foreigners who buy a property worth 75 thousand dollars in Istanbul, Turkey can receive a short-term residence permit for 1 or 2 years in Turkey, provided that it is renewed in certain periods, they also have the right to receive a residence permit for their families. have their own

Of course, the property should not be in areas or neighborhoods that are prohibited for residence, and they should purchase property from areas that are permitted for short-term residence. In this article, you can read the provinces and areas that are prohibited for residence.

By using this residence permit, the children of foreign nationals can study in Turkey. Finding a job is much easier for foreigners who have a residence permit in Turkey, it is also easy for these people to get a work permit through legal companies in Turkey.

Receive 2022 short-term residence permit

According to the new law in May 2022 of the Turkish Immigration Department, in big cities such as Istanbul, Izmir and Antalya, if an investor buys a property with the intention of obtaining residency in Turkey, the purchased property must have a value of more than 75 thousand dollars.

Also, if he buys a property in small cities to get a residence, the value of the property should be at least 50 thousand dollars. Otherwise, if the value of the purchased property is less than the mentioned amount, the investor must provide a residence plan and proceed to obtain the residence from the same route as the tourist residence. Of course, this path has its own difficulties. Contact our consultants before buying a property so that we can introduce you to the non-prohibited areas of Istanbul for buying a house at a reasonable price.

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obtaining residence buy property in Turkey

Istanbul

According to our many years of experience at Tom Turki Company, we can consider Istanbul as one of the best options for buying property in Turkey; Because this city has a high civilizational-cultural value and has a high touristic-investment importance.

If you want to buy a property in Istanbul, a wide range of options and types of real estate, with a sea view, or in the city center or close to the most important tourist-historical attractions or parks and forests full of flowers And the plants are above you.

In the city of Istanbul, the cycle of economy and development never stops moving and has always pushed real estate investments forward.

Antalya

With Antalya becoming the first destination for foreign tourists (especially Europeans and Russians), this city gained a global reputation, which is primarily due to its warm waters on the shores of the Mediterranean Sea.

The distinctive feature of Antalya is its amazing nature and magical and beautiful beaches. The real estate of this province has always brought acceptable returns and profits to investors; Because it always welcomes a wide range of tourists, especially during the tourist season. All these advantages have made many investors and tourists to buy property in this province so that they can relax and experience a pleasant life in the vicinity of its important tourist attractions.

Izmir

Izmir has more than 3000 years of recorded urban history and up to 8500 years of history as a human settlement since the Neolithic period.

According to the results of the global housing price index in 2021, prepared by a company based in England, Izmir was the city that had the highest increase in housing prices among 150 cities in the world. According to the latest annual price changes in Izmir, which has recently been renewed with urban transformation projects, housing prices have increased by 33.9%.

The port of Izmir is Turkey’s main port for exports in terms of cargo handling, and its free zone, a Turkish-American joint venture established in 1990, is the leader among Turkey’s 20 ports.

Is it a good idea to buy a property in Turkey?

Turkish properties offer a good return on investment rates with long-term and short-term investments as well as buy-to-let and resale chances. Real estate in Turkey gains good value yearly and this brings the advantage of making a good profit when reselling. Buy-to-let apartments also bring good returns in Turkey.

Can foreigners buy property in Turkey?

Foreigners may purchase land and property in Turkey in their own names provided that properties are located in towns (i.e. there must be municipality in the area where the property is and the property must be situated within the boundaries of that municipality or borough), not in villages or rural areas and outside of …

Is buying property in Turkey risky?

Low Risk – Real estate investment in Turkey has a low-risk factor due to the country’s strong economy. This is excellent news for investors who want to make a long-term investment to generate stable and predictable income.

Is it smart to buy a house in Turkey?

Ideal for Long Term Investment

Real estate buyers in Turkey have the added advantage over those in Cyprus or Spain, where property prices have already skyrocketed. With minimal annual maintenance and upkeep, well-maintained property in Turkey can bring a massive return on long-term

Do foreigners pay property taxes in Turkey?

According to real estate law, any residence, workplace, or land within the borders of Turkey is subject to real estate tax. The taxpayer is the owner. Therefore, in terms of tax and Turkish real estate, foreigners who buy real estate in Turkey are required to pay real estate tax.

Do you have to pay property tax in Turkey?

When you buy property, you are required to pay Turkey property taxes when you receive a title deed, or “TAPU”. This usually comes at a rate of 4% of the purchase price. In most circumstances, it is split in half so that the buyer and seller each pay 2%.

Can I get Turkish residency if I buy a house?

Turkish citizenship residence through the purchase of a house includes the purchase of a property worth more than 400,000 US dollars, and property residence through the purchase of a property worth 50 thousand or 75 thousand dollars, the residence permit is valid for one or two years, and then to The period of 5 years can be extended.

What is best to invest in Turkey?

What are the best investment opportunities in Turkey in 2023 ?

Real estate investment. …
Tourism investment. …
Commercial investment. …
Agricultural investment. …
Industrial investment.

Summary and tips before buying property:

The advantages of buying property in Turkey are more than its disadvantages, but in any case, every action has its own advantages and disadvantages, and buying property in Turkey is no exception to this rule, and before buying in Turkey, you should consider the risks and disadvantages Buying a property, be informed and make a correct decision with open eyes.

Since many foreigners have bought houses in Turkey in recent years, the job market of fraudsters and unlicensed and unreliable companies has become very hot, and unfortunately, many foreign citizens have fallen into the trap of these scams and profiteering. Scams are seen more often, in order not to get involved in such issues, you should identify reputable companies in the field of buying property in Turkey or immigration before taking any action, and act by obtaining correct information and choosing a reputable and expert company.

TAMTURKEY company consisting of expert real estate consultants and experienced lawyers in the beautiful city of Istanbul will accompany you from the beginning of the process of buying property and obtaining Turkish citizenship, etc.

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Investment by buying property in Turkey

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