Email: info [at] travok.estate
Travok construction
Buying property in Alanya, Istanbul and Turkey
Obtaining Turkish citizenship
If you are thinking of immigrating to Turkey these days, you must have heard words like Obtaining Turkish citizenship and Turkish passport. In this post, we will fully discuss the issue of Turkish citizenship and share with you complete information about the benefits of obtaining citizenship and the difference between living in Turkey and Turkey. One of the ways that you can get your Turkish citizenship or Turkish residency Alanya is to buy projects in alanya or other cites.
Turkey is recognized as a hub for production, export, and management by international companies. Offering profitable investment options in Turkey is very beneficial and useful for Iranian applicants, as they can expect favorable profit and turnover by investing in these industrial sectors.
5 options for quick and profitable investment in Turkey and obtaining Turkish citizenship:
- Real Estate Market (buying property in Turkey and Selling Houses and Properties)
In 2021, the amount of foreign direct investment in Turkey in the real estate sector was $5.6 billion, which constituted about 42.2% of all foreign direct investment in that year. In 2022, the number of Grade A shares on the Istanbul Stock Exchange was 5.8 million square meters.
- Startup and Technology Companies
European Union countries are the first destination for exports of computer and IT equipment from Turkey. These countries source over 70% of their goods in the IT, hardware, software, equipment, and services sectors from Turkey.
- Food and Agriculture Markets
Turkey ranks 10th among the world’s largest agricultural product holders. Turkey’s food and agriculture industry accounts for nearly 18% of the country’s working population. Turkey is considered one of the world’s leading countries in the production of agricultural products such as figs, hazelnuts, apricots, quince, and various berries. Having 8,300 kilometers of beautiful coastline and 529 beaches ranks the country as the third country in the world in terms of having dream beaches.
- Tourism Industry
Turkey is the fourth most visited and popular destination in the world. Due to its geographical features, beautiful nature, rich history and culture, and abundant historical and artistic works, Turkey has the potential to become a cultural tourism country. Having 8,300 kilometers of beautiful coastline and 529 beaches ranks the country third in the world in terms of having dream beaches.
- Financial Services Industry
The Turkish financial services industry has attracted around $57 billion in investment since 2002. One of the goals of the Turkish government is to introduce Istanbul as an international financial hub. The city has also been a leading financial center in the world since ancient times.
Investment Conditions in Turkey for Iranian Applicants Turkey is one of the best countries for Iranian applicants to invest in due to its strategic location. Geographical proximity and cultural similarities have made investment in this country one of the most common ways for Iranians to obtain Turkish citizenship. Iranian applicants who meet the investment conditions and requirements in Turkey will not only benefit from permanent residence but also from citizenship of this country.
In answer to the question of how are the investment conditions in Turkey? It should be said that compared to European countries, the investment conditions in Turkey are easier and less expensive for Iranian applicants. The minimum capital for immigration to Turkey varies depending on the investment method. The lowest investment cost in Turkey is for registering commercial companies and the highest cost is for buying shares of Turkish banks.
Applicants with the minimum capital for residence in Turkey can obtain Turkish citizenship and apply for a Schengen visa. In addition, applicants with a Turkish investment visa are also eligible to apply for an E-2 US visa. Methods of Immigrating to Turkey through Investment Applicants can invest in Turkey in various ways and benefit from the advantages of obtaining residence and citizenship in this country.
However, applicants with any type of investment in Turkey are not eligible for residence and citizenship in this country. In fact, the only advantage of some investment methods in Turkey is to make a good profit and financial turnover from the business started with this investment.
How to get Turkish passport:
Immigration to Turkey through investment with the aim of obtaining permanent residence and ultimately citizenship of Turkey is possible in several ways:
| 400.000$ | Buying apartments, houses, commercial or industrial buildings or lands |
| 500.000$ | Deposit in a bank, in an any currency. |
| 500.000$ | Purchasing national securities. |
| 500.000$ | Purchasing government bonds and holding them for three years |
| 500.000$ | Opening a business with a capital of 500.000$ or creating at least 50 jobs |
Investment residency costs in Turkey compared to other residency permits
The cost of residency through investment in Turkey varies greatly depending on the method. The most expensive way to obtain a Turkish residence permit is to buy a property, register a company, and invest in real estate companies. Residence through education in Turkey, residence through obtaining a work permit, and residence through marriage are, in order, the most cost-effective ways to obtain a residence permit in Turkey.
Buying property in Turkey is one of the best ways to obtain an investment residence permit in Turkey, which can lead to obtaining citizenship and a passport in this country. The minimum investment in Turkey to buy a property, depending on the chosen property, must cost $400,000. The cost of obtaining a residence permit in Turkey through education varies depending on factors such as teaching in Turkish or English, or the type of university. Receiving a scholarship can also reduce the cost of a residence permit for studies, but a residence permit for studies in Turkey typically costs $10,000 per year, which includes the costs of food, clothing, accommodation, and university tuition fees.
If you are interested in work immigration to Turkey, you can contact our experts at the Royal Migration immigration agency.
Minimum requirements for investment in Turkey
The minimum requirements for investment in Turkey are to be at least 18 years old, have the necessary capital, and prove sufficient financial means. The applicant can obtain Turkish citizenship for himself and his family (spouse and children under 18) by investing in this country. Having an economic justification plan for starting a business and having the minimum investment for residency in Turkey are the most important conditions for obtaining a residence permit in Turkey through investment.
Investment immigration through property purchase in Turkey
Buying a property is one of the best investments and the fastest ways to immigrate to Turkey and obtain citizenship of this country. According to the latest laws in 2023, the amount of investment required to buy a house and property in Turkey with the aim of obtaining citizenship of this country has increased from $250,000 to $400,000. According to this, an Iranian applicant must purchase a property worth $400,000 to obtain a Turkish passport and citizenship. In this way, he can go through the process of obtaining a Turkish passport through property purchase in a short period of time and enjoy all the rights of Turkish citizenship.
Investing in real estate in Turkey is one of the best ways to obtain residency and citizenship of this country. By investing in property purchase in Turkey at any price, the applicant can obtain a one-year Turkish residence permit. If after one year this property is still owned by the applicant, he can extend his residence permit in Turkey in this way and if he does this for 5 years, he can eventually obtain a permanent Turkish residence permit. The applicant can also apply for Turkish citizenship by purchasing a property worth $400,000, but he must not sell this property for 3 years. It should be noted that if the property is pre-purchased under construction, the applicant is allowed to purchase the property in installments, but he can no longer take out a loan to purchase the property.
There is a fact that you may consider, according to the TÜRKİYE CUMHURİYETİ ALMATI BAŞKONSOLOSLUĞU “Bir Türk vatandaşı ile evlenme doğrudan Türk vatandaşlığını kazandırmamaktadır. Ancak, bir Türk vatandaşı ile en az 3 yıldır evli olan ve evliliği devam eden yabancılar Türk vatandaşlığını kazanmak üzere başvuruda bulunabilmektedir.” that means Marriage to a Turkish citizen does not directly grant Turkish citizenship. However, foreigners who have been married to a Turkish citizen for at least 3 years and whose marriage is ongoing can apply to acquire Turkish citizenship.
General Conditions for Obtaining Turkish Residence through Real Estate Investment
- General Requirements for Iranian Applicants: Iranian applicants for Turkish residence through real estate investment must meet the following general requirements:
- Property Location: The property must be located in areas designated by the Turkish government and should not be located near military zones or strategic points.
- Property Ownership: The seller of the property must be a Turkish citizen and the property must be free of any debts.
- Property Transfer Restriction:The property cannot be transferred to another buyer for 3 consecutive years.
- Payment Method:The applicant must purchase the property in cash and the title deed must be ready.
- Residence Application:Upon purchasing the property, the applicant can complete and submit the Turkish residence and citizenship application form.
- Passport and Citizenship Status:Providing a passport or a document indicating the investor’s citizenship status is mandatory for purchasing a property in Turkey.
- Civil Status Documents:Providing documents and certificates that prove the applicant’s marital status is also required for obtaining Turkish residence through real estate investment.
- Tax Payment:The applicant must present a receipt for the full payment of taxes and other additional expenses to the Turkish Ministry of Finance.
Low-Cost Real Estate Investment for Turkish Residence
- Minimum Investment:It is important to note that applicants can obtain a residence permit by purchasing a property in Turkey for as low as 150,000 Turkish Liras.
- Location Limitations:However, investing in such a low-price range may limit location options and lead to limited development and higher investment risks.
- Factors to Consider:To ensure a successful investment and residence application, it is crucial to avoid properties located in weak residential areas, lacking amenities, overcrowded, with inadequate construction standards, limited new housing options, far from main roads.
What is meant by Turkish citizenship?
Turkey is one of the countries that allows foreigners to stay in this country for 90 days without a visa. However, if you intend to stay in Turkey for more than 90 days, you must apply for Turkish residency or citizenship.
If you choose Turkey as a second country to live in and you want to enter this country several times a year at different time intervals, you can get a one-year tourist stay in Turkey, which does not have very complicated steps. We specifically explained. But if you choose Turkey as your country of residence, obtaining Turkish citizenship will definitely be in your favor in many ways.
Obtaining Turkish citizenship or homeland is more difficult than obtaining Turkish residency, and you will need to go through more steps. By obtaining Turkish citizenship, you will receive a Turkish passport with your spouse and children under the age of 18, in other words, you will be recognized as a Turkish compatriot, and you will also receive all the facilities and benefits that the Turkish people enjoy from.
What are the benefits of Turkish citizenship?
- Travel to half of the world without a visa.
- Foreign exchange income guarantee for applicants for this type of investment.
- Easy entry into the labor market and jobs, without the need for a work permit and complex administrative steps.
- Receiving bank facilities for buying real estate, vehicles, etc. with very low bank interest (up to 4%).
- Possibility to receive credit cards.
- It is possible to study at a Turkish university at a very low cost (compared to other countries and compared to the facilities offered to students) without receiving credit cards.
- Completely free medical services in public hospitals and a small part of the cost in private hospitals
- Ability to use all the amenities that a Turkish citizen can have.
- Ability to monetize content platforms such as YouTube and Instagram.
- Ability to monetize store platforms such as Amazon and Shopify.
Differences between Turkish citizenship and residence
For many people who intend to immigrate and live in Turkey, the differences between residence and citizenship are still not tangible. Many people consider the two to be the same.
Those who intend to stay in Turkey for more than 90 days must apply for a one-year or tourist stay, in which case they will not be allowed to work officially, and the person must apply for an extension every year.
In addition, those who intend to obtain a residence permit must rent a property in Turkey and apply for a Kimlik card by filling out a rendezvous form.
If the person’s documents are complete, the person and her family members (spouse and children under 18) will be granted one-year residency.
Of course, in addition to one year of residence, it is also possible to obtain study and work residency that have their own conditions.
Of course, in addition to residence, but when you obtain Turkish citizenship, in addition to residing in this country, you will enjoy the rights provided by the constitution for citizens and receive a Turkish passport, as well as find an official and legal status in the country. You will. It is also possible to obtain study and work residency that have their own conditions.
Condition for getting turkey passport- short-term and long-term ways
Short-term ways
Investment immigration to Turkey stands out as one of the most favorable pathways to gaining Turkish citizenship. Under prevailing Turkish law, foreign investors can secure citizenship by fulfilling specific investment requirements. In recent years, a surge of Iranian nationals have opted to invest in Turkey, successfully acquiring citizenship and substantial profits. This article, authored by the immigration consultants of Royal Migration, delves into the intricacies of investment immigration to Turkey in 2023. Join us as we explore this enticing opportunity.
Turkey is rapidly transforming into a haven for foreign investment. Between 2003 and 2021, Turkey attracted a staggering $239 billion in direct foreign investment. Geographically positioned at the crossroads of Europe and Asia, Turkey boasts seamless access to global trade routes via air, sea, and land. Since 2002, Turkey’s economy has witnessed steady and consistent growth, flourishing throughout 2023. In 2020, Turkey emerged as the 11th largest economy globally and the 3rd largest within the European Union. With a workforce of approximately 33.3 million individuals, Turkey holds the distinction of possessing the 3rd largest labor force in Europe.
Turkey is considered one of the best countries in the world for foreign investment due to its location at the crossroads of 3 major continents and access to the combined markets of Europe, the Middle East, North Africa, and Central Asia.
An investment worth $ 400,000
By investing $ 400,000 in a Turkish bank and blocking this amount by the government for 3 years, you can obtain Turkish citizenship for yourself, your family and children under the age of 18 within 4 months to a year.
Buy real estate worth $ 400,000
Buy one or more properties worth a total of $ 400,000. Note that this valuation must be proven in three ways. The amount of the document, the certificate and the bank receipt that you deposited in the account of the person or company that owns the property.
Expertise is the amount of money valued by government-designated companies.
Long-term ways
Marriage to a Turkish citizen
If you marry a Turkish citizen, you will receive family citizenship after 3 years.
Company registration
Registration of a company with an amount of about 100,000 lira of capital and money in annual turnover and employment of 5 Turks, in which case you will become a citizen after 5 years.
Get your challenge or work permit
The Turkish government has enacted strict rules for hiring foreign workers so that companies do not hire foreign workers as much as possible and use domestic capacity to hire.
In some specialties, such as medicine and engineering, and even language teaching, it is possible to hire more foreign troops.
Hotels can also hire more than a few foreigners. So if you have a hotel and have a history, you can be hired more easily than other cases.
If you are looking for istanbul property for sale or other cities in Turkey you can contact travok experts.
Contact us
List of Travok properties in Alanya
You can only compare 4 properties, any new property added will replace the first one from the comparison.
Turkey Residence, Real Estates, Investments and jobs
October 8, 2024
Tuesday!
Travok construction
- Login
- Register
4 Comments
Tony
on said
When can I sell my apartment after I got my Turkish citizenship?
Monica
on said
After 3 years you can sell your apartment, as I know
John
on said
After 3 years
travok
on said
As others told, yes after 3 years from your title deed you can sell your apartment.