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Foreign Citizenship Through The Purchase Of Real Estate

sophia by sophia
in Real Estate
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Foreign Citizenship Through The Purchase Of Real Estate
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Turkey is gaining a lot of interest from international investors who see it as a highly promising country for investing in real estate. There is a wide range of properties available for purchase, including apartments, villas, and townhouses. Whether you prefer something that is still under construction or ready to move into, there are plenty of options to choose from. If you decide to buy, you can collaborate with Stay Property developer, who specializes in offering real estate that meets the highest modern building standards.

Benefits of Turkish Citizenship Through Real Estate

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Here are some benefits of Turkish citizenship for foreign investors:

  1. The feature to live, work, and study in Turkey without any restrictions. This means that foreigners who become citizens can enjoy all the rights and privileges available to Turkish nationals, including access to quality education, healthcare, and social security.
  2. Visa-free travelling or with minimal visa requirements to over 100 countries.
  3. The booming Turkish real estate market offers excellent potential for growth and rental income. It’s possible to purchase an apartment or villa in the picturesque area. The cost of property should be at least 400,000 USD.

The most popular are apartments and villas near the sea and mountains. You can find great properties in Alanya, Antalya, Istanbul, Belek, and other tourist cities.

Guide For Obtaining Turkish Citizenship With Property Purchasing

Turkish citizenship is rather easy to get in compliance with other European countries. Here is the way to achieve the goal.

  1. Choose a property in compliance with your demands. There can be one object for 400,000 USD or several objects for the amount.
  2. Make a deal. This includes signing a sales contract with the seller and paying any required taxes or fees associated with the purchase.
  3. Apply for a residence permit through the local immigration office within 30 days of your arrival in Turkey.
  4. Meet financial requirements and maintain ownership of the purchased property throughout the entire citizenship application process. The investor should hold the real estate for 3 years.
  5. Submit citizenship application and prepare all the necessary documents.
  6. The Migration Ministry checks documents to ensure they meet security criteria. If approved, you will be invited for an interview.
  7. Receive decision on citizenship application and take the oath of allegiance.

It is important to remember that consulting with experts can greatly facilitate the process of obtaining Turkish citizenship. The Golden Visa program in Turkey is loyal, it has low requirements compared to existing programs in other countries.

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