Step-by-Step Process Guide
Investment Advisory
Turkish Citizenship by Investment
Step-by-Step Process Guide
Benefits of Turkish Citizenship
Why Us
The application process usually takes just 3-4 months from conception to completion and we will take care of everything, you don’t have to get involved in anything at all.
Turkey does not require that you learn any Turkish or go to a formal interview of any kind.
Neither is there a requirement to live in Turkey. All of your family members (spouse and kids under 18 years of age) can also obtain a Turkish citizenship if you fulfill the requirements as the main applicant.
You can expedite the process and apply remotely before going to Turkey for a three day trip, during which you would purchase the real estate and go home with your deed title. It’s incredibly easy.
However, keep in mind that throughout the process, lots of paperwork will be required. Official translations, apostilles, notary certifications, photos… It’s best to leave it all up to a certified professional. You definitely don’t want to be keeping track of all that.
Here’s what you need to do to get a Turkish citizenship by investment.
Purchase of Property
- Main Applicant/Investor visits Turkey (your family is not required to visit).
- Tax number is obtained from local tax authority office.
- Bank Account is opened in Turkey.
- Shortlisted properties are visited by the Applicant alongside our representative.
- Property to be purchased is evaluated by a Govt. approved Valuation company. Value of the property as per the valuation report must be equivalent to USD 400,000 to be eligible for citizenship application.
- Certificate of Eligibility is issued by General Directorate of Land Registry and Cadaster of the Ministry of Environment and Urbanization based on the Valuation Report of the property.
- All the necessary checks are made it in relevant municipality office regarding legality, permissions, completion certificate, construction as per approved map, utilities connection, overdue charges, insurance, transferability, tax payments etc.
- Any pending charges, fees or bills are cleared off by the Seller.
- An appointment is made at the local municipality office for the execution of property transfer. A translator is also appointed in case of foreign buyer.
- Transfer is executed and same time original title deed is issued in the name of Buyer. Keys are handed over to Buyer.
Purchase of property is completed. You are now the owner of property in the world’s most performing real estate market.
As per Knight Frank’s latest report 10.12.2022 for world’s top 150 cities, three cities of Turkey were ranked within Top 5 with capital gains of 63%.
Obtaining Residency Permit
- Post-purchase property is restricted for reselling for a period of 3 years with the Notary office.
- Power of Attorney is issued in the name of Lawyer to process the citizenship application and to present on behalf of the buyer. Rest of the process is taken care by the Lawyer.
- And the best news of all? You don’t have to be present for the decision to be made. No interview has to take place either. No requirement of learning Turkish language.
- In essence, you drop off the paperwork and can fly home with your title deed at hand and expect a passport in the next 3-4 months.
- A residence permit application shall be made by the lawyer on behalf of the Buyer/Applicant. Residence card (with 2 years validity) is typically issued within 3-5 days.
- It is an intermediate and mandatory step prior to apply for citizenship. However, if your investment is less than USD 400,000/- , then the process is completed for you, you & your family are now Turkish Resident.
- There is no need to stay or even live in Turkey prior to becoming a resident, nor do you need to continue staying in Turkey after you’ve received it.
- Basically, it’s just a formality and another hoop to jump through. Luckily, Turkey has made it a particularly easy one.
Lodge an Application for Citizenship
- The final step in the journey – actually applying for citizenship. As soon as your residence permit is granted, you can submit your paperwork to the Provincial Directorate of Census and Citizenship through the Lawyer.
- Once all application documents have been prepared and provided to Lawyer (including applicable certifications and translations), the documents are submitted to the government.
- Once the application has been received by the government, the review process will begin.
- Applications are typically approved within 8 weeks, following which the citizenship approval certificate is issued.
- The passport issuance application can then be submitted by the Applicant & his family to any local embassy in the country of their residence. Passport & Turkish ID cards are issued within 2 weeks. A Turkish passport is valid for 10 years, so you won’t be needing to renew it soon.
Congratulations, you and your family have become a Turkish citizen. It is irrevocable and transferable to your future generations. And you can also keep your origin country passport as dual nationality is allowed by Turkey. You will receive all the benefits such as free universal healthcare, free education till university, unemployment benefits, and pension & retirement benefits.
Blacksea will take care of the entire process from getting a Tax number and purchasing the property to obtaining citizenship. You will not have to indulge in any process, our team of professionals will take care of every aspect. Just to give you an idea about your total expenditure in addition to actual price of the property will be approx. USD 15,000 – USD 20,000 and it includes everything including govt. fees, our commission (3%), valuation fee, legal fees (1.5%), transfer fee (2%-4%) etc.
Selected By Our Realtors
OUR YEARS OF EXPERIENCE AT YOUR CONVENIENCE
Beykoz/İstanbul
- $1,007,407
Sarıyer/İstanbul
- $1,335,000
Sarıyer/İstanbul
- $1,315,000
Kalkan/Antalya
- $711,733
Kalkan/Antalya
- $1,532,167
Bahçeşehir/İstanbul
- $390,000
Ovacık/Fethiye
- $766,111