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Foreigners who have invested at least $250,000 in real estate after September 19, 2018, their spouses, children under the age of 18 and dependent children will be able to benefit from citizenship upon request. There are no restrictions on the country basis in order to acquire Turkish citizenship by making a real estate investment of 250 thousand dollars. The important thing here is that the real estate investment of 250 thousand dollars or more was made after the change made on September 19, 2018 and the investment is made by putting an annotation that cannot be sold for 3 years in the land registry records.
Obtaining citizenship in this way is a type of citizenship acquired in an exceptional way, and it is also called the method of acquiring Turkish citizenship for 250,000 dollars.
WHAT KIND OF REAL ESTATE INVESTMENTS ARE INCLUDED?
The purpose and type of use of the acquired immovable is irrelevant. All immovables such as residences, plots, lands, gardens or commercial properties such as office or shops within the borders of the Republic of Turkey are within this scope.
IS IT POSSIBLE TO ACQUIRE CITIZENSHIP BY INVESTING MORE THAN ONE IMMOVABLE?
Yes it is possible. Citizenship can be acquired if the total value of the estate(s) acquired within the borders of the Republic of Turkey is $250,000 or more.
ARE THERE ANY RESTRICTIONS BY COUNTRY?
There are no country-based restrictions as per the regulations for applying for Turkish citizenship with real estate investment. At this point, the important thing is that the amount of real estate investment made is 250.000 dollars or more and the investment is made by putting an annotation that cannot be sold for 3 years in the land registry records.
HOW LONG DOES IT TAKE TO OBTAIN THE TURKISH CITIZENSHIP BY INVESTMENT?
In Turkish citizenship applications to be made with real estate investment, the deadlines for the completion of the citizenship application vary according to the residence permit, but it is estimated that the citizenship procedures will be completed in around 6 months if the required documents are complete,
Obviously, there are difficult procedures to acquire citizenship via investment. It has been seen that many people who do not do the necessary legal procedures correctly or on time , they have not been able to acquire citizenship although they deserve it. For this reason, before starting the citizenship process , it would be beneficial to consult a citizenship law attorney who is an expert in the field.
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