Legalixa Law Firm is a full-service Turkish Law Firm with a long record of excellence and professional leadership in Istanbul, Turkey. Our Turkish citizenship lawyers are prepared to apply for Turkish Citizenship 400.000 USD real estate purchase. Our immigration lawyers also handle work and resident permit applications. Our Turkish citizenship lawyers also represent our clients in other immigration law issues including; extending resident and work permits, applying for Turkish citizenship, and filing a lawsuit to cancel any objections.

Our Turkish real estate lawyers are prepared to handle real estate acquisitions to get Turkish citizenship. Our investment in Turkish citizenship practice includes; buying, leasing, and selling residential and commercial properties to both domestic and foreign customers in Turkey. Our Turkish real estate lawyers also represent our clients in real property acquisition, we prepare real estate sale contracts or amend the contracts that are prepared by the developers. We also represent our clients throughout the Turkish citizenship application process until they get their Turkish passports.

Turkish Citizenship 400.000 USD

The Council of Ministers has adopted a decision published in the Official Gazette dated January 12, 2017. Accordingly, the Turkish Government introduced the option of obtaining a Turkish Citizenship via making an investment in Turkey, like other countries in the world, with certain reservations. In line with the further amendments made by President Decision No. 106 entered into force on September 19, 2018, the amounts of investment required for acquiring Turkish citizenship applications are lowered.

Recently, the amount of purchasing real estate with a minimum value of $250,000 was increased to $400,000.- (Four Hundred Thousand US Dollars) by Presidential Decree No. 5072 through the publication in the Official Gazette dated May 13, 2022.

Turkish Citizenship Law’s Article 12 allows foreign investors to acquire Turkish citizenship in exceptional terms; with 18.09.2018 dated 106 numbered Presidential Decree, amendatory new arrangements have been made regarding the amounts mentioned in Article 20 of the Regulation on the Implementation of the aforementioned Law.

In line with the recent regulatory amendments, foreigners who satisfy at least one (1) of the below criteria will be granted citizenship subject to the approval of the Council of Ministers:

  1. Purchase of a real estate property in Turkey with a minimum value of $400,000 (prior to the amendment such amount was $1,000,000), such property shall also have an annotation of no-sale for at least three years at the relevant title registry; or purchase a real estate which has property ownership or a construction servitude on it, with a preliminary sale contract executed before a notary public and at least $400,000 or amount of foreign currency or Turkish Liras has been paid in advance and such notarized preliminary sale contract should be recorded at the relevant title registry with the undertaking not to assign or de-register the agreement for a period of three years
  2. A fixed capital investment of a minimum of $500,000 (prior to the amendment such amount was $2,000,000) in a Turkish corporate entity
  3. Generate employment for at least 50 individuals in Turkey (prior to the amendment such amount was 100 individuals)
  4. Deposit a minimum of $500,000 to banks that operate in Turkey (prior to the amendment such amount was $3,000,000) with the condition to keep such deposit at such bank for at least three years
  5. Purchase a minimum of $500,000 public borrowing vehicles of Turkey (prior to the amendment such amount was $3,000,000) and keep them for at least three years;
  6. Purchase a minimum of $500,000 of Turkish real estate participation fund shares or Turkish capital investment trust fund shares (prior to the amendment such amount was $1,500,000) and keep those shares for at least three years

Turkish Citizenship 250.000 USD

Turkish Citizenship with Investment Services

We do perform legal services for property purchase and management for foreign clients. Our services include preparation, legal help, and representation regarding the sale or purchase of a real estate property in Turkey.

An English-speaking attorney will prepare your purchase and sale agreement to buy or sell an off-plan or second-hand house or apartment in Turkey. Our lawyer will advise you of any potential pitfalls, recommend specific changes that would benefit you, discuss or negotiate these concerns and changes with the other party, and accompany you to the Title Deed Office to close the transaction.

Turkish Citizenship with Property Purchase

We do perform legal services for property purchase and management for foreign clients. Our services include preparation, legal help, and representation regarding the sale or purchase of a real estate property in Turkey.

An English-speaking attorney will prepare your purchase and sale agreement to buy or sell an off-plan or second-hand house or apartment in Turkey. Our lawyer will advise you of any potential pitfalls, recommend specific changes that would benefit you, discuss or negotiate these concerns and changes with the other party, and accompany you to the Title Deed Office to close the transaction. Nowadays, there is a huge demand for Turkish citizenship via the route of the USD 400,000 property investment law. Our attorneys will help with real estate purchases until you get Turkish citizenship.

Turkish Citizenship with Property Purchase

Our Real Estate Purchase Services Include;

  • Discuss Client concerns and issues with the Client.
  • Draft or review the offer, and purchase contract.
  • Discuss or negotiate the offer or contract with the Developer or the Developer’s lawyer.
  • Prepare up to two sets of revisions or responses to counteroffers, if necessary.
  • Review the information provided by the developer (if the property is off-plan).
  • Check whether the house is free of charges and/or rented out (if the property is a second-hand home).
  • Check whether the Real Estate Tax payments are in good standing.
  • Check the local Municipality whether the Developer has all the necessary licenses.
  • Accompany you to the Title Deed Office in order to sign the purchase and sale deed.
  • Change the property title in the Cadastral office.
  • Process Client stamp duty tax on your behalf.

Our Turkish Citizenship Application Shall Consist of All Following Matters;

  • Prepare residency application documents for the Client, his wife, and children.
  • Prepare citizenship application documents for the Client, his wife, and children.
  • Follow up the application until the Turkish passports are given.

Below Citizenship Services are Also Included in Our Fees:

  • Getting the documents translated and notarized.
  • Applying for the Turkish Tax Id Number.
  • Assistance for opening a bank account in Turkey.

Property Management Services:

After we completed your property purchase, we can provide the below services for an additional fee;

  • Register your property with the local Municipality to pay the annual Environmental and Garbage Collection Tax.
  • Arrange a real estate agent to list your property to lease.
  • To sign a lease contract with your tenant.
  • To make sure the tenant is paying rent on time.
  • If the tenant is not paying rent on time, we will send him/her a warning letter.
  • If it is needed, we can file a lawsuit to evict the tenant.
  • To observe if the tenant is paying monthly dues to the management.

Required Documents For Turkish Citizenship

Required Documents For Turkish Citizenship 400.000 USD Application

  • Application form (Vat-4)
  • Passport or ID card that shows his/her nationality. If he/she is stateless approved documents with Turkish translated certified by the notary.
  • Consent letter (taken from a notary or the related officer in domestic, if abroad external representation or from the authorized offices from his/her country) for the children who are under their mother’s/father’s custody and applying for the citizenship with.
  • Marital status document and if married marriage certificate, if divorced divorce certificate, if widow/widower death certificate.
  • The birth certificate shows personal information or a population register sample document, and if married family registration certificate that proves the family bond between his/her spouse and children.
  • Service charge receipt from finance cashier desk.
  • 2 biometric photographs (50×60 mm, white background, machine-readable, plain set by ICAO).

Reach us for Turkish Citizenship 400.000 USD

Since its foundation in 1992, Legalixa Turkish Citizenship Lawyers has been the choice of numerous clients in Istanbul, Turkey. Thanks to its nationally recognized immigration law practice, our firm is now one of the leading Turkish citizenship law firms in Istanbul, Turkey. You may reach our Turkish citizenship lawyers by sending an email or through Contact page for Turkish Citizenship 400.000 USD real estate.

Similar Posts