In this article, we would like to clear the concerns about citizenship obtainment through property purchase.
Question: What is the easiest and cheapest way to obtain citizenship?
The cheapest and easiest way to obtain citizenship is purchasing property worth at least 250.000 USD. In this way, while you make a brilliant investment and own a new property in cozy places of Turkey, you also obtain Turkish Citizenship coming along with it.
Question: Can I sell the property if I want?
Yes, you can sell your property whenever you wish after holding it for 3 years starting from day of obtaining citizenship.
Question: Can also my family have Turkish Citizenship?
Yes, your husband/wife and children under age of 18 (eighteen) can acquire Turkish Citizenship along with you. That means no matter how big is your family, you all can obtain Turkish Citizenship.
Question: How much amount do I need in order to acquire Turkish Citizenship?
Depends on the you choose to obtain citizenship, for property purchase, it should be at least 250.000 USD or equivalent foreign currency. In the other words, property shall worth at least 250.000 USD or equivalent foreign currency.
Question: How is the amount assessed?
Before purchase of property, the property shall be assessed by property assessment organizations authorized by Board of Capital Markets (SPK) for property assessment.
Question: Can I only purchase houses?
No, it depends on your choice. You can have whatever you want regardless its title. The condition is the property should worth at least 250.000 USD. Therefore, houses, flats, offices, lands, shops and many more can be purchased.
Question: Do I have to know Turkish?
No, in this way of obtaining citizenship, you do not have to know Turkish.
Question: How much time does the process take?
Acquiring citizenship process takes about 3-4 months depending the pace of ministry. You can easily obtain Turkish Citizenship in at most 6 months.