Conditions for obtaining a Turkish passport by buying a house

Conditions for obtaining a Turkish passport by buying a house

Table of contents

In this section, we will examine the conditions for obtaining a Turkish passport through property purchase. By purchasing a property in Turkey, you not only acquire a property in a popular country but also gain access to unique benefits, such as obtaining a Turkish passport. This passport allows you to enter over 110 countries without a visa or with a simplified visa process, and it opens up international financial and business opportunities.

Buying property in Türkiye

Key points and conditions for obtaining a Turkish passport by buying a house

  1. Buying a house in Türkiye can provide you with a Turkish passport.
  2. Turkish passport allows you to travel without visa to more than 110 countries.
  3. You can access financial and international business opportunities with a Turkish passport.
  4. Look for a professional real estate consultant to make the best purchase.

Before buying a house in Istanbul, check tips such as the rules for buying property in Türkiye and the required documents.

Turkish passport: its value and importance

The Turkish passport, as a globally recognized passport, holds special value and importance. Turkey, being one of the leading countries in trade and tourism, provides you with access to international opportunities by holding a Turkish passport. With a Turkish passport, you can easily enter over 110 countries worldwide without the need for a visa.

Conditions for obtaining a Turkish passport

This feature allows you to travel without any limitations, ensuring comfort and ease during your journey. Therefore, the value and importance of a Turkish passport are very high for individuals interested in international activities or frequent travelers. With a Turkish passport, you can easily participate in international business transactions, business trips, international negotiations, and professional conferences and exhibitions, paving the way for achieving international successes.

Additionally, a Turkish passport grants you access to international travel insurance, healthcare services in other countries, and special airport services such as fast-track entry and exit lines. These benefits are not available when traveling with another passport, giving you greater credibility and advantages by obtaining a Turkish passport.

Turkish passport validity

The Turkish passport is one of the most popular and powerful passports in the world, empowering key players on the international stage. With this passport, you gain access to a range of legal and global travel benefits.

Having a Turkish passport allows you to travel to more than 125 countries worldwide without the need for a visa. The Turkish passport is valid for 10 years, and you can easily visit various countries that have agreements with Turkey visa-free. One of the methods to obtain a Turkish passport is by purchasing an apartment in Istanbul, which can serve as an excellent way to enhance the benefits and privileges of the Turkish passport.

Overall, by purchasing a property in Turkey, you contribute to increasing the value of the Turkish passport. By investing in the Turkish real estate sector and purchasing a property worth 400,000 USD, you can easily enjoy all the benefits and advantages of the Turkish passport.

Advantages and limitations of Turkish passport

Turkish passport validity official lawyer in Istanbul

The Turkish passport holds significant value for Iranian traders. It provides an opportunity for those who obtain it to travel freely to European countries and engage in business contracts with European companies without being affected by sanctions and international restrictions. Since the Turkish passport ranks highly, obtaining it allows you to easily conduct currency transfers and financial and commercial services with European and even American companies, either as an individual Turkish citizen or under the framework of a Turkish company.

The credibility of the Turkish passport also enables you to confidently access all global free trade zones and engage in commerce with other countries. This confidence helps you seize international financial and investment opportunities. Ultimately, having a Turkish passport grants you international recognition and influence, providing security and peace of mind for conducting business and traveling to over 110 countries without the need for a visa.

Overlooking the value of the Turkish passport and failing to take advantage of this opportunity for capital accumulation means missing out on significant opportunities in international business and global marketing. The Turkish passport allows you to operate on an international level and offers benefits that other passports alone cannot provide. The advantages of the Turkish passport enable you to gain global recognition and be identified as an international individual. Its credibility greatly enhances your confidence in the international arena and positively influences how others perceive you.

Methods of obtaining Turkish citizenship

Obtaining Turkish citizenship by buying a house in Istanbul, Türkiye

There are various methods to obtain Turkish citizenship, allowing you to acquire a Turkish passport. One of the well-known methods is purchasing a property. By buying and owning real estate in Turkey, you can take advantage of the benefits of Turkish citizenship. Another method is through investment. By investing in Turkey, such as purchasing commercial properties, creating jobs, and hiring local workers, you can qualify for a Turkish passport.

Additionally, if you wish to live in Turkey for educational or professional reasons, you can obtain temporary or permanent residence by enrolling as a student in Turkish universities or receiving a job offer. Given that purchasing property is one of the most popular methods for acquiring Turkish citizenship, you can take advantage of property ownership and the benefits of the Turkish passport by purchasing a property that interests you.

A list of Turkish citizenship methods is:

  1. Buying a house and owning a property in Türkiye worth 400 thousand US dollars
  2. Capital deposit in the amount of 500 thousand US dollars for 3 years in one of the Turkish banks
  3. Creating jobs and hiring at least 50 Turkish workers in Türkiye

Keep in mind that each of these methods has its own advantages and conditions, and depending on your needs and conditions, you can choose the best method for obtaining Turkish citizenship.

Benefits of buying a house to obtain a Turkish passport

Buying an apartment in Istanbul, Türkiye

Buying an apartment in Istanbul gives you many advantages for obtaining a Turkish passport. Among these advantages, the following can be mentioned:

  1. Permanent settlement: By buying a house in Türkiye, you can experience permanent settlement in this country. This will give you more power to obtain a Turkish passport.
  2. Access to public facilities: By purchasing a property in Turkey, you will have access to all the public facilities in the country. This makes your life in Turkey more comfortable and accessible.
  3. Access to healthcare and education services: By purchasing a property in Turkey, you can benefit from superior healthcare and educational services. This will have a significant impact on achieving your goals in Turkey.
  4. Profit through rental income: By purchasing a property in Turkey, you can earn a steady income through renting out your home. This serves as a great investment opportunity for you.

Finally, by buying a house in Türkiye, you can take advantage of all these benefits to obtain a Turkish passport.

Important points before buying a house in Türkiye

Lawyer in Istanbul, Türkiye

Before buying a house in Türkiye, it is better to consider some key points to make your home buying experience better and more successful. In this section, we discuss some of these points:

1. Knowledge of the desired location and area

Before purchasing a property in Turkey, it’s important to carefully familiarize yourself with the area where you plan to buy. Ensure that the area is safe and meets your needs, such as the availability of essential amenities like shops, hospitals, and schools. Public transportation and the different seasons of the year also play a crucial role in selecting the right location.

Baghdad Street, Istanbul

2. Legal and legal review

Before purchasing a property in Turkey, be sure to thoroughly review the legal process and seek professional legal advice. Ensure that the transaction is legal, with clear and complete contracts, to protect your rights in the deal. Additionally, confirm that the property purchase is intended for obtaining Turkish citizenship.

3. Investigating the price situation in the market

Before purchasing a property in Turkey, thoroughly research the real estate market. Compare prices and ensure that the proposed price is fair. Take the time to visit multiple properties and compare their features and prices to make an informed decision. You can also check out the latest properties in Istanbul and explore unique opportunities for pre-purchasing with long-term installment payment options.

Additionally, when purchasing a property in Turkey, you should pay attention to utilities such as water and electricity, heating and cooling systems, security systems, and internet connections to ensure that essential daily living facilities are available.

4. Cooperation with a reputable real estate agent

For purchasing a property in Turkey, it is essential to work with an experienced and trustworthy real estate agent. Obtain accurate and detailed information about the real estate market and the buying process from a professional consultant. This agent will guide you through all stages of the purchase and assist you in selecting the right property and negotiating with the seller.

Buying houses in different areas of Istanbul

Map of the Asian part of Istanbul

Purchasing a property in Istanbul offers numerous amenities and advantages. Given the variety of attractive neighborhoods in the city, you can choose the best option for buying a home in Istanbul. Each neighborhood in this beautiful city has its own unique features and characteristics. However, some areas stand out due to their special attributes and unique conditions, making them more appealing for purchasing a home. The coastal areas of Istanbul are among the most popular locations for buying a property.

Cities like Izmir, Alanya, and Bodrum, with their stunning natural attractions, coastal cliffs, and beautiful beaches, are also considered golden destinations for buying a home in Turkey. Coastal areas typically have relatively long tourist seasons and offer plenty of recreational and historical amenities for all individuals. Turkey’s historic cities are also very appealing for purchasing property. Istanbul, with its rich history, historic mosques, and bustling markets, is one of the most popular locations for buying a home. In addition to Istanbul, cities like Manisa and Konya also attract significant interest due to their historical landmarks and religious attractions.

Ultimately, depending on your needs and preferences, you can choose a suitable area for purchasing a property in Turkey. However, before proceeding with the purchase, it is important to thoroughly research the conditions and laws related to property acquisition in the country to ensure a successful buying process.

The process of buying a house in Istanbul

The main stages of buying a house in Istanbul

Buying a property in Istanbul is a process that requires specific steps and documentation. In this section, we will comprehensively address the process of purchasing a home in Turkey and the necessary steps involved. If you plan to buy a property in Istanbul, it is essential to follow these steps properly to ensure a smooth and problem-free property purchase.

Choosing a professional real estate consultant


مشاور خرید ملک در استانبول Buying a property in Istanbul https://api.whatsapp.com/send/?phone=905395556404&text&type=phone_number&app_absent=0

Before anything else, it is advisable to hire a professional Iranian real estate consultant in Istanbul for purchasing a property in Turkey. A real estate consultant can guide you in choosing the right property, familiarizing you with the laws and regulations related to property purchase in Turkey, and forecasting the costs and necessary documentation. Additionally, the experience and knowledge of the real estate consultant can be valuable in preventing issues during the buying process. Therefore, selecting a qualified and experienced real estate consultant is crucial.

Search for the right property

Buying a luxury apartment in Istanbul, Türkiye

With the help of a real estate consultant, you can begin searching for the right property in Turkey. Based on your needs and budget, the consultant will introduce properties that align with your requirements, allowing you to thoroughly evaluate them. At this stage, it’s a good idea to visit several of the suggested properties in person, so you can compare them and gather accurate information about each one.

Property review and evaluation

When visiting properties, you should pay attention to the details and thoroughly check all documents, paperwork, and the legal status of the property. Additionally, the real estate consultant can guide you in evaluating the condition of the building, the neighborhood, and the property’s amenities. With the consultant’s advice and a thorough inspection of the property, you can make an informed decision about purchasing it.

Negotiation and purchase contract

After selecting the property, you can negotiate the price with the seller. At this stage, a trusted and skilled real estate consultant can assist you in negotiating the best price and terms. Once the final price is agreed upon, you will need to sign the purchase agreement. The purchase contract will outline the terms and details related to the property purchase, costs, and the delivery date.

Financial transaction and property transfer

Important note!

The most important step in buying a property in Turkey is to keep your capital safe while transferring money from Iran.

Note: When transferring money for investment in Turkey, be very cautious. There are fraudulent individuals online who, through advertisements and offering lower exchange rates, claim to handle money transfers. Please do not fall for the temptation of lower rates from these individuals! Before trusting anyone, make sure to conduct thorough research and verify that the person making these claims is reputable and well-known, not just a fake account on Telegram or Instagram. Reputable companies that legally handle financial transactions and money transfers not only have the necessary licenses but also have a fixed and recognized physical location. If you are unfamiliar with the person handling the transfer for you, always visit their office in person to complete the transaction.

Please pay attention to the recommendations mentioned in this video by Mr. Sadegh Moradi, CEO of 4k Holding. Additionally, it is important to note that our holding does not engage in any financial activities, and the purpose of this communication is solely to ensure the security of your investments. 🙏

The next step is to pay the agreed amount specified in the purchase contract and transfer the ownership of the property. These transactions are usually carried out by a lawyer or legal representative. At this stage, you will need to deposit the required amount and have all ownership documents registered in your name. The lawyer or legal representative will assist you as your representative in legal and financial matters, ensuring that the transaction is completed smoothly.

An important point to note is that, according to the laws of Turkey, foreign nationals must, after obtaining the currency conversion certificate from the relevant bank (Döviz Alım Belgesi), deposit the full amount of the purchased property into the seller’s or developer’s account. If the payment receipts are incomplete, you may face serious issues during the citizenship acquisition process.

What is DÖVİZ ALIM BELGESİ in Türkiye?

As you know, a new law was introduced in January 2022 for foreign nationals who intend to invest and purchase property in Turkey. According to this law, property buyers must convert their foreign currency into Turkish lira and obtain the currency conversion certificate, or “Döviz Alım Belgesi,” from the relevant bank.

Sample of currency certificate (DÖVİZ ALIM BELGESİ) in Türkiye

Turkish passport by buying a house

Commercial real estate and investment in Türkiye

Commercial and office properties in Istanbul, Türkiye

One of the notable advantages of purchasing property in Turkey is the opportunity to invest in commercial real estate. By purchasing a commercial property in Turkey, you gain a chance for investment and steady income. Commercial properties include stores, restaurants, hotels, rental apartments, and more. By purchasing a store in Turkey, you can capitalize on the growing trade market and earn significant profits. Additionally, investing in hotels in Turkey offers numerous opportunities due to the high appeal of tourism and the growth of the tourism industry in the country.

Commercial properties in Turkey are highly attractive in terms of value and profitability. Given the economic growth and expansion of business in the country, purchasing commercial real estate in Turkey can be considered a high-return investment opportunity. Not only does it provide a steady income, but it also offers the possibility of obtaining a long-term visa and acquiring Turkish citizenship through property investment.

Risks for buying a house in Türkiye

To buy a house in Türkiye, you should pay attention to the risks associated with this process. These risks may include the following:

Legal issues and mistakes in purchasing property in Turkey: Buying a property in Turkey can come with legal challenges. Therefore, it is crucial to be familiar with Turkish property and financial laws and seek the assistance of a specialized lawyer in this field. This will help ensure that the process is smooth and legally compliant, minimizing any potential legal issues.

  1. Sanctions: Some countries have imposed financial and economic sanctions on Turkey. Before purchasing property in Turkey, it is important to ensure that your country does not have sanctions against Turkey, as this may create issues with payments and money transfers to Turkey.
  2. Security risks: Some areas in Turkey may be considered risky due to specific security concerns, such as terrorist threats. It is essential to research the security situation of the area you’re interested in before purchasing a property and stay informed about the current conditions.
  3. Changes in laws: The laws related to purchasing property and acquiring ownership in Turkey may change over time. It is important to stay informed about any regulatory changes and updates regarding property ownership in Turkey and ensure you are always up to date. In summary, buying a property in Turkey offers many benefits and opportunities. However, you should be aware of the potential risks and sanctions involved in this process and take the necessary steps to minimize these risks.

Choosing a reputable real estate agent in Istanbul

Real estate consultant in Istanbul, Türkiye

When purchasing a property in the bustling city of Istanbul, selecting a professional real estate agent is crucial. A real estate agent can guide you through all stages of the process and help you make informed decisions based on accurate and complete information. Buying a home is a significant and important decision, so it’s best to leverage the experience and expertise of a professional real estate agent. A professional agent has a comprehensive understanding of the real estate market in Turkey and the relevant laws. They can inform you about various areas in Turkey and advise you on the best locations to buy a property.

Additionally, they can identify the differences between various properties and help you make the best choice. Real estate agents, taking into account your needs and budget, will narrow down options that are the best fit for you. With their deep knowledge of the real estate market in Istanbul and the specific area you’re interested in, they can efficiently and quickly present you with options that align with your requirements and criteria. This ensures a more streamlined and effective property-buying experience.

To find a professional real estate agent in Istanbul, the best approach is to use top-rated real estate websites in Turkey that are reputable for property buying in the country. By clicking on the provided link, you can access these sites and take advantage of the services offered by experienced agents who specialize in property transactions. They can guide you through the process and help you make informed decisions when purchasing property.

By choosing a professional real estate agent in a large city like Istanbul, you can benefit from their expertise and technical knowledge, ensuring that you have the best experience during your property-buying process. Overall, purchasing a home in Istanbul requires professional guidance, and a skilled real estate agent can play a crucial role in this journey. Their insights and experience can help you navigate the market, avoid common pitfalls, and make the most informed decisions.

The conditions for obtaining a Turkish passport through purchasing a property include the requirement that the property must be valued at a minimum of 400,000 USD.

After buying a house, how long should we keep ownership of it?

To obtain a Turkish passport by buying a house, you must stay as a house owner for at least 3 years.

Do I have to pay for the house in cash or can I use a bank loan? To obtain Turkish citizenship, you must initially pay 400,000 USD in cash. If the property’s value exceeds 400,000 USD and installment payment options are available, you can pay the amount above 400,000 USD in installments.

Does the house need to be located in specific areas of Turkey? No, the house can be located in various regions of Turkey.

Do I get residence in Turkey after purchasing a house? Yes, for residence through property purchase (Taşınmaz), the value of the property must be at least 200,000 USD or more, and this amount must be stated in the deed. After purchasing the house in Turkey, you can obtain residence, which is renewable annually.

Can I rent out the house after purchasing it? Yes, after purchasing the house in Turkey, you can rent it out and generate rental income.

If the purchased property is intended for obtaining Turkish citizenship, there is no issue with renting it out. However, if the property is worth less than $400,000 and you are only obtaining a residence permit (Taşınmaz) through the property, according to Turkish law, you are not allowed to rent the property, and only you can reside in it.

**New Regulations on Property Purchase for Turkish Citizenship – Latest Changes** According to a report by “Haber Foyri Turkey,” there has been a change in the regulations related to obtaining Turkish citizenship through the purchase of real estate. The change was published in the official gazette after being signed by President Recep Tayyip Erdoğan.

With the approval of the new law, it is no longer possible to obtain Turkish citizenship by purchasing land (whether commercial, residential, or agricultural). To obtain citizenship, you must purchase a completed project that is habitable or a property under construction. **Changes to the regulations related to acquiring Turkish citizenship through land purchase as announced by President Recep Tayyip Erdoğan in the official gazette:

Changes to the Executive Regulation related to the Turkish Citizenship Law: According to the Council of Ministers’ decision No. 2010/139, which came into force on 11/02/2010, Article 20 of the Executive Regulation of the Turkish Citizenship Law is amended as follows: In paragraph (b) of Article 20, it is no longer possible to acquire Turkish citizenship by purchasing land (commercial, residential, or agricultural).

To receive citizenship, the project must be completed, and a property that is habitable (Kat Mulkiyet) must be purchased, or land with a building under construction (Kat İrtifak) must be purchased. A plot of land with a structure built on it is now eligible for Turkish citizenship. This regulation becomes effective from the date of publication.

The provisions of this regulation are enforced by the President. Finally, with the complete information provided in this article by the expert team of Forki Group and the legal consultants of Turkey, you can make a decision to obtain a Turkish passport through property purchase and enjoy all the benefits and privileges that come with it. A thorough review of the conditions, submission of necessary documents, and completing the purchase process will help you successfully obtain a Turkish passport and enjoy traveling across the world.

 

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