The recent amendments have helped to accelerate the pace of interest of foreign investors, especially Arabs, in owning property in Turkey after purchasing property worth $400,000 and meeting a number of conditions, namely:
The value of real estate or all real estate purchased is 400 thousand US dollars and surcharge or equivalent in Turkish currency At the rate at the time of sale
The buyer of the property must be a citizen of one of the nationalities subject to the Citizenship for Ownership Decision as the naturalization law in Turkey covers all nationalities except for some nationalities such as: North Korea, Syria, Cuba and Armenian citizenship.
Foreigners receive a real estate valuation report from a real estate valuation company, provided that it is approved by the Turkish government.
The buyer of the property undertakes not to sell it for 3 years from the date of purchase.
Legal registration of real estate in Turkey in the Department of Land Cadastre
Buying property from a Turkish citizen or a Turkish construction company
Stages of obtaining citizenship when buying property in Turkey
The stages of naturalization through the purchase of real estate in Turkey go through several stages, the most important of which is the security study, which determines the decision to obtain Turkish citizenship or not, as well as the waiting period until these stages are completed in full. , from the date of application, ranges from 3.5 to 5 months maximum.
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