Getting Turkish Nationality Through Buying flats in Istanbul for sale.

865 Views
post

Turkey is one of the main countries in the region suitable for foreign investments, thanks to its history and culture as well as a profitable strategy.

One of the most common methods of obtaining Turkish citizenship is to buy a property

As the commercial and artistic heart of Turkey, Istanbul has some of the most lucrative potential Turkish citizenship by investment deals.

Read this article to discover how it works and why you should click a flat for sale in Istanbul and combine your Turkish nationality.

What is Turkish Citizenship by Investment?

In 2017 the Turkish government starts an Investment for obtaining citizenship in Turkey already became easier to get Turkish nationality.

Buying property in Turkey is the most familiar and important proposition for investors.

This is a route that helps you not just with getting Turkish citizenship but also with owning an asset in one of the fastest-growing real estate industries in the world.

One of the reasons it has been popular is that it can be done simply and cost-effectively compared to similar programs in Europe or the US.

The Ministry of Housing specifies financial criteria for investments as follows: Investors may apply to become citizens in return for a minimum payment of $400,000 in real estate on condition that they do not dispose of this amount within the next 3 years.

The property must be kept for at least three years to retain eligibility for citizenship.

Regardless, below are several of these benefits that come with acquiring citizenship through investment in Turkey.

Invest in a Turkish passport has more advantages;

Visa-free travel: With Turkish passport you can get visa on arrival or peas free to over 110 countries such as Japan, South Korea and Singapore.

Double citizenship: Double citizenship is permitted in Turkey and along these lines, speculators are not required to renounce their own nationality while securing Turkish citizenship.

Booming economy: due to its expanding economy and ideal location between a junction of Europe as well as Asia, Turkey is highly sought after in business.

Healthcare and education: As you are a Turkish Citizen, you will automatically be catered to under the excellent healthcare system of Turkey for Healthcare & Education.

EU candidate: As a country that has been vying to become part of the EU for many years, Turkish citizens actually stand to benefit further once Turkey becomes an EU member state (fingers crossed!).

Buying a Flat for Sale in Istanbul

You can also invest in real estate in the largest city of Turkey, Istanbul.

The city offers everything from amenity-rich high-rises to charming historic houses located near the central landmarks.

In Istanbul the wide and varied property sector is there for apartment is on sale or luxury apartment you just have to look.

For those interested in Istanbul apartment buy opportunities, areas such as TaksimBeyoglu, and Kadikoy provide great chances to combine living with investment.

With its proximity to business center and shopping districts, culture sites near our property to rent in the Gertrudis district; this city is definitely a great location to live as well as receive good rental income.

How to Get Turkish Citizenship by Investment for Real Estate

A Breakdown of Turkish citizenship by investment through the property purchase process.

Select Property: You will start this process by looking for Istanbul apartments for sale.

All over the city, you can find a taste of every life adjacent to downtown.

The top areas are BesiktasLevent, and Nisantasi for luxury homesBeylikduzu Levent in Basaksehir, etc., when it comes to cost-effective ones.

Legal Help: When you have chosen the suitable apartments for sale in Istanbul, Turkey, it is a good idea to appoint a lawyer to guide you through the legal processes and confirm that this real estate property reconsiders all necessary conditions as obligated by the Turkish Government.

Investment Value: you have to buy properties worth at least USD 400,000 in order to be eligible for citizenship.

You can buy either one piece of property or multiple properties that equal the minimum.

When you are applying for citizenship, your property should be included in the title deed as well and its value must also be mentioned clearly so that there are no misunderstandings or contradictions later on.

Ownership and Title Deed Once you have completed your purchase, register your title deed in your name through the land registry journal at the Land Registry Office.

A clause such as in that the property cannot be sold for three years which is a prerequisite for Turkish nationality.

Residence Permit: You need a temporary residence permit, which is easy to get once you bought your flat for sale in Istanbul before applying for citizenship.

Step 1: Apply for Citizenship With all the docs in the bank (the name deed, residence allow, and funding receipts), you can obtain Turkish citizenship from the Directorate General of Migration Management

Step 2: File Your Tax Application Form Moreover, you ought to document software with your tax ID at your local tax office.

The application is processed in a few months and is one of the fastest citizenship-by-investment programs in the world.

Istanbul Real Estate Market

Properties in Istanbul are very profitable investments.

Being a city that combines the present with history, real estates in Turkey, especially in Istanbul, are demanded at high level.

Year-on-year property values have gone up; it is a stable and lucrative investment.

Istanbul Apartments for Property Investment in Turkey Stylish modern apartments to suit all budgets, from luxury homes at Bosphorus-side developments through to affordable properties found in rapidly developing suburbs.

An up and coming metropolis, Istanbul is a hive of business professionals, expatriates and tourists that means the city has very high rental yields for investors.

Well, regardless of whether you are considering investing in ISTANBUL RESIDENTIAL REAL ESTATE for personal use or purely as a source of INVESTMENT, the market moves faster than most markets in the world.

Citizenship for the Family of Turkish Citizens

Even more, the Turkish citizenship by investment program provides an opportunity for your family to acquire citizenship.

Your spouse — and children under age 18.

Being Turkish by nationality means they can access some of the world's best health and education in Turkey, too- within one of the world's most colorful countries.

Conclusion

If you are planning to move permanently to Turkey or interested in an economically viable real estate investment, buying a flat for sale in Istanbul with the opportunity of obtaining Turkish citizenship by investment is perfect for you.

From visa-free travel to great rental yields, owning property in Turkey pays off in the long run.

There cannot be a better time to check out apartments for sale in Istanbul, Turkey, with the choices available for buying some of them. They are luxury living abodes, indeed, and all are strategically located close to the main business and cultural centers.

This option allows you to not only protect your investment in the thriving real estate market of Turkey but also gain a Turkish Passport by Investment, creating a new horizon for you and your family and opening up an infinite range of possibilities for them in this gorgeous country.

To set up an appointment with Real Estate Investment Advisors, you can reach us at:
Email: [email protected]
Phone: +90 543 144 1000 
Whatsapp: +90 543 144 1000



chat with our team An admin will respond within a few minutes.
Hello, is there anything we can assist you with?
Click here to get in touch with us