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Turkey CIP Changes for 2024
Turkey has implemented Stricter Rules for Citizenship by Investment. Investor and spouse must come personally in turkey for fingerprinting and must provide no criminal record certificate. The minimum investment is not increased, still remains $400,000 as of 2024.
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Important Changes to Türkiye Exceptional Citizenship
Turkey has recently introduced significant modifications to its citizenship by investment program, specifically targeting immovable property in foreign currency for real estate investors. The President of Turkey has signed the exceptional citizenship law that restricts foreigners to buy “condominium, apartments, flats in a building” for the purpose of citizenship. Purchase of land, freehold properties do…
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Turkey CIP for Real Estate May Increase to $600K
Beginning in 2024, the minimum investment for foreign investors seeking Turkish citizenship through real estate will increase to $600,000, up from the previous $400,000 set in 2022.
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Q&A – Türkiye Property Citizenship
Please find below answers to questions related to citizenship by property investment in Turkey answered by Turkish cauthorities. What are the documents needed for an application? Identity document or passport – Identity document or passport indicating the foreign country of origin (along with translation when necessary) must be submitted. Identity Declaration Form – 1 photo is requested…
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Modes for Acquisition of Citizenship in Turkey
In Turkish law, “citizenship” (vatandaşlık) is defined as a legal and political bond between a natural person and the state, while nationality (uyrukluk) has a broader meaning which includes legal persons (e.g.,corporations) and vessels such as aircraft and ships as well. Therefore, “nationality” would be a more accurate term for legal persons, vessels, and aircrafts,…
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Does Turkey require military service from investors?
Turkey is one of those countries in the world with obligatory military service. In Turkey, compulsory military service applies to all male citizens from 21 years of age. Under Turkish law, Turkish men up to the age of 45 are required to perform military service even if they live outside Türkiye or have dual citizenship.…
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Turkey Raises CBI property investments to $400,000
The Government of Turkey has made a decision to increase the minimum real estate investment to qualify for citizenship to USD 400,000 from the previous USD 250,000 requirement. The decision was taken at a presidential meeting and soon will be published in gazette. No changes were made in minimum USD 500,000 deposits in banks, state…
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Tips for foreigners buying properties in Turkey
We give you some important tips unknown to foreigners investing in Turkish real estate market to get residency or citizenship. Registration Property ownership titles may only be approved upon registration at the land registry directorates. Inquiries about properties may be made online at parselsorgu.tkgm.gov.tr, where specific details of the city, district, quarter/village, map section, and…
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Q&A: Turkey Citizenship by Property Investment
We have compiled the most important questions related to acquisition of turkish citizenship by property investment. Please see below Where can i find official text for turkey property citizenship by investment program? All the information is available here How is the value of the real estate(s) necessary for citizenship calculated at the land registry office?…
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Turkey citizenship program becomes easier to collect passport from consulates abroad
Due to Covid-19, the Turkey citizenship by investment has become much more easier to apply and collect passports from turkish consulates abroad for investors who buy real estate in Turkey. Applications can also be registered for citizenship at embassies abroad for investments. It is done through a Power of Attorney (POW) issued from abroad to…
