As of the 19th September 2018 changes were made to the laws regarding foreigners obtaining Turkish citizenship. According to these changes foreigners who make an investment which meet one of the following criteria are eligible for Turkish citizenship.
- An investment of 250,000$ in property in Turkey with the condition that the property is not sold for 3 years. (it may be 1 or more property, the important thing is the total value)
- Start or purchase a company with a capital of 500,000 $ or more, with the condition that the company is not sold for 3 years.
- Deposit 500,000 $ or more in state investments or state banks with the condition that it is not withdrawn for 3 years.
The property investment must be made in accordance with the laws and regulations of Turkey. Foreigners can investment in residential properties, commercial premises, land or agricultural land to meet the requirements. When making this investment they must have the title deeds of the real estate they are purchasing officially transferred into their names in the land registry offices.
To apply for Turkish citizenship the foreigner applying must hold a valid residency permit or a blue identification card. When apply for citizenship, the person’s wife or husband and any children under the age of 18 may also apply with them. So it is sufficient for one person in a family to make the investment to apply for Turkish citizenship.
It is not possible to apply directly to the department of the interior directorate general of population and citizenship affairs for Turkish citizenship yourself, all applications must be processed by authorised lawyers. If the application is made with all the correct supporting documents as per the requirements of the law the application is usually finalized within 2 months.
The documents that are required for the application for Turkish citizenship include the passport, residency permit or work permit, photographs, birth certificate of the person applying. Further documents may be requested. The person or persons apply must not pose a threat to the national security of Turkey. They must ensure that the documents and information they present during their application is correct.
When making your investment in Turkey with Alanya Properties your sales representative will be with you every step of the way and will aid you in all procedures including applying for your Turkish Citizenship.