FREQUENTLY ASKED QUESTIONS
If you buy a property worth minimum of US$400,000, you can apply for full citizenship on the condition that you accept a minimum three-year title restriction on resale. Please refer to the citizenship section of our website for more information on the procedures.
Yes, you may obtain a one-year residence permit if you buy a property in Turkey. Please refer to the citizenship section of our website for more information on the procedures.
You may transfer your money to your home country after paying the applicable capital gains tax. Please refer to the citizenship section of our website for more information on the procedures.
If you sell your property within five years of acquiring it, you will be required to pay upto 35% as tax on the difference between the purchase price and current value. If you sell your property after five years have passed since your purchase, you will not be required to pay the capital earnings tax. Please refer to the online interview appointment section of our website for more information on the procedures.
Once the sales transaction is completed, you are required to purchase Compulsory Earthquake Insurance Coverage (DASK) and pay the premium annually. You can also choose to insure your property with optional home insurance coverage.
Please refer to the online interview appointment section of our website for more information on the procedures.
Please refer to the online interview appointment section of our website for more information on the procedures.
In Turkey, rental income is typically estimated at around 3-10% of your property’s current value. However, this ratio may differ widely depending on the location. In prime locations or popular tourism areas, it may go up to and beyond 10% of the property’s current value.
Obtaining the title deed normally takes 1-3 days. However, if you are the first foreigner to buy a property in a building or a project, there will be a waiting period of six weeks.
Yes, a title deed will be issued once the sales transaction is completed.
Irrespective of the citizenship of the owner, Turkish law governs the inheritance proceedings regarding properties located in Turkey. Accordingly, the estate of a deceased in Turkey is automatically inherited by the spouse and children, if any, of the deceased. In the absence of a spouse or children, the parents of the deceased are entitled to inherit the estate. Our legal consultants will be happy to provide more information on this topic.
Foreign nationals can open a bank account in a bank located in Turkey if they can provide a tax ID and address.
Yes, you may apply to a bank in Turkey for a housing loan. Our consultants will be pleased to provide more information about banking procedures.
Yes, payment in installments may be possible depending on the property you intend to buy. Please consult your property developer about the available installment options.
You can apply to any local tax office in Turkey with your passport and register for a tax ID. The tax office will ask you to provide your parents’details and your address in Turkey. You will typically receive your tax ID in about 15 minutes.
Passport, 5 photos (biometric), and tax ID will be sufficient. Please refer to the citizenship section of our website for more information on the procedures.
We recommend visiting Turkey and seeing the property before making a purchasing decision.
Please refer to the online interview appointment section of our website for more information on the procedures.
Please refer to the online interview appointment section of our website for more information on the procedures.
According to law, foreign nationals are only allowed to purchase real estate up to a total of 30 hectares of land.
The local currency (Turkish Lira) is a widely used and convenient form of payment. In shopping, some retailers accept US$ and Euro in payments.
Please refer to the online interview appointment section of our website for more information on the procedures.
Please refer to the online interview appointment section of our website for more information on the procedures.
Turkey is well known for the quality of its healthcare system. You can benefit from free healthcare services in emergencies.
Turkish people are known for their hospitality. You will be received kindly by the locals and feel at home.
Turkey requires a visa from the nationals of certain countries. Please visit the website of the Turkish Ministry of Foreign Affairs to see the status of your country: http://www.mfa.gov.tr/visa-information-for-foreigners.en.mfa. An electronic visa can be obtained at www.evisa.gov.tr.
Summer months are typically hot in most regions across Turkey while spring and fall seasons are generally mild. Therefore, you may prefer to visit Istanbul and other cities in these months. The southern regions of the country enjoy a typical Mediterranean climate with mild winters and hot summers. Please refer to the section about Turkey in our website for more information.
We provide services in multiple languages, and mainly in Turkish, English, Persian, and Urdu.
ProTurk Property offers real estate solutions for clients that intend to buy/sell and lease commercial and residential properties across Turkey with a particular focus in Istanbul. ProTurk Property assists clients of other nationalities in acquiring Turkish citizenship through property investment by finding suitable properties that match their requirements, helping them file and complete their citizenship applications, and managing the legal processes.
Many people seeking to obtain Turkish citizenship prefer investing in property in the bigger cities such as Ankara, Izmir, Antalya, and especially Istanbul, the most popular metropolis in Turkey. We recommend exploring other cities as well so that you can make an informed decision about where to invest or live in Turkey.
In cases of application for citizenship by property investment, resale of the purchased property is not allowed for three years. Please refer to the citizenship section of our website for more information on the procedures.
Beyond its geostrategic location at the intersection of Europe and Asia, Turkey also promises high potential as a rapidly developing country in both economic and technological terms. As a Turkish citizen, you can take full advantage of the countless opportunities that Turkey offers. Whether your choice is living in an urban setting, for instance in Istanbul, a megacity and a global trade and investment hub, or enjoying a peaceful environment in smaller, touristic destinations, you will be a citizen of a country full of promise and potential.
Foreign nationals that acquire Turkish citizenshipare entitled to the same social service and healthcare benefits as natural citizens. School-age dependents of individuals who acquire Turkish citizenship are also entitled to the 8-year primary education, which is free in Turkey.
Once all the legal requirements are met, your application will be processed and concluded in a very short time and we at ProTurk Property will assist you with our consultancy service every step of the way.
You can become eligible to apply for Turkish citizenship by acquiring a property worth a minimum of US$250,000 (or equivalent foreign currency or Turkish lira) with a title deed restriction on its resale for at least three years. Please refer to the citizenship section of our website for the latest regulations on financial requirements.
At ProTurk Property, we provide legal counsel services to guide you through the application process.
The citizenship application process involves meeting the legally required conditions, compiling the necessary documentation, and then submitting them to the relevant authority. After the documents are reviewed, an interview is conducted with the applicant as part of the application process. The required documentation includes:
Application Form
- 2 Photographs (biometric)
- Title Deed of the Property or Legal Document of the Investment
- Property Valuation Report
- Complete Civil Registry Record
- Passport and Certified Turkish Translation Attested by Notary Public
- Birth Certificate
- Certificate of Marital Status
- Payment Receipt of Applicable Fees
Buying and investing in property in Turkey, establishing a business or working for a business in Turkey, buying government bonds and other financial instruments, and maintaining such initiatives for the periodsstipulated by law. Making one of these investments and meeting the legal conditions is the first step that an individual can take toward applying for Turkish citizenship. Please refer to the citizenship section of our website for the latest regulations.
Individuals who qualify for Turkish citizenship by meeting the legal requirements and who are ethically and legally able to become Turkish citizens can apply for Turkish citizenship.
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