The international investor's quest to obtain the second passport is linked to his desire to enter some countries without a prior visa... Moreover, because Turkish citizenship deservedly achieves this, along with many other privileges; it tops the list of best options.

A Turkish passport holder can enter many countries without a visa, as he uses the first passport to enter and leave his country, while the second helps him to travel to the country he needs to go to from time to time.

In this article from Taksim Real Estate, we explain the importance of obtaining a second passport, highlighting the advantages of obtaining a second citizenship from Turkey, so continue reading.

What is the importance of obtaining the second passport?

The second passport helps you avoid the tedious routine of procedures when obtaining a visa for a country, as it gives you ease of movement from one country to another, without the need to obtain a prior visa.

There are many countries that provide you with this advantage in return for investment, or donations to the government fund, or by owning a property, and other conditions that may be difficult for the investor to achieve, in addition to their often-high costs.

In fact, obtaining a strong passport will cost you an amount of money, but if it is a safe investment that saves your money, and achieves a profitable profit margin for you; this will be your perfect choice at all, which will be achieved for you by naturalization in Turkey.

Turkish citizenship in the top 

Under the law, a foreign investor is allowed to obtain Turkish citizenship in exchange for buying a property worth 250 thousand US dollars, depositing 500 thousand US dollars in a Turkish bank, or establishing a company and employing several Turkish citizens there.

Citizenship is obtained according to easy procedures, enhanced by government facilities provided to foreign investors, which makes obtaining second citizenship from Turkey at the forefront of investors' choices.

Turkish passport strength

Complete the file of naturalization in Turkey under the investment in the country, and obtain the Turkish passport, which gives you ease of movement between more than 72 important European, Gulf and Asian countries, without an entry visa.

The Turkish passport also gives you the ability to enter 42 countries with a visa issued upon arrival, and 7 countries with an electronic visa, which can be easily obtained from the Internet.

Why Turkish citizenship?

Stable government institutions

Nationality holders and residents of Turkish territory enjoy flexible dealings within government institutions, when any legal transaction is needed, as most services are obtained through mobile applications.

Strong health system

Turkey has a strong health system, which has become an ideal destination for treatment after the opening of several medical cities, such as Basaksehir Medical City, the best medical city in Europe.

Outstanding education system

Turkey enjoys its distinguished educational system with its multiplicity of systems and the language of study, in addition to the spread of universities in all Turkish states, as there is no city without a Turkish university, whether it is governmental or private.

Turkish economy

The Turkish economy is growing steadily despite the recent health conditions that have affected the economy of most countries in the world, which gives investment in Turkey a character of safety and reliability.

This was a full presentation of the importance of obtaining a second passport, and the advantages that you obtain when extracting the naturalization file in Turkey, and obtaining a Turkish passport.

 If you would like to know more about how to obtain a Turkish passport; do not hesitate to contact us at Taksim Real Estate Consulting, and our team will be happy to provide adequate answers to your inquiries... Contact now! 

Editing: Taksim Real Estate Consulting ©

The importance of the Turkish passport to the investor lies in the facilities it provides for travel and movement to a number of countries around the world, which translates into speed and ease of doing business, owning property and getting residence.

With the recent legal amendments, Turkish citizenship has become a dream for many, as it is easy to obtain in several ways, notably by investing in real estate in Turkey.

Therefore, in this Taksim Real Estate Consulting article, we have tried to explain the strength of the Turkish passport on a global level, while discussing its characteristics and importance for investors, in addition to the most important countries it enters without a visa.

What is the importance of the Turkish passport for the investor?

The Turkish passport confers many advantages on its holder at the local and international level, but the foreign investor, in particular, enjoys these advantages on a larger scale, both inside and outside Turkey, including the following:

• Entry into 120 countries without prior visa, or with a visa on arrival.

•  Ease of travel between countries, given the global strength of the Turkish passport.

• Easy access to Schengen visas and entry into the European Union.

• Many privileges to work, invest and own property in Turkey.

• Taking advantage of trade agreements between Turkish investors and the countries of Great Britain and the United States of America to obtain entry, residence and work visa types.

Countries where a Turkish passport can enter without a visa

A Turkish passport holder can enter a number of countries without a visa, or with a visa on arrival at the airport. These countries include:

The most important feature of the Turkish passport

• It has validity of up to 10 years, with ease of renewal, and it is sent to you by post shortly after you apply.

• A biometric passport, which includes encrypted data that can be read electronically, at all border-crossing points around the world.

• It allows you to apply for a B2 visa, which is a tourist visa that entitles its holder to enter the United States, with facilities during their stay.

• The Turkish passport also allows you to apply for an E2 investor visa, which is an entry visa to the US, through which you can reside and work in America, under specific conditions.

• Obtaining facilities from the countries of the Turkish Council of the CCTS, regarding residence, travel, business transactions and other related issues. 

This presentation has been a brief overview of the importance of obtaining a Turkish passport for the investor. If you want to know more about how to obtain Turkish citizenship and get a Turkish passport free of charge; do not hesitate to contact us at Taksim Real Estate Consultancy, and our legal team will be happy to provide adequate answers to your queries... Contact us now!

Editor: Taksim Real Estate Consulting©

Up to the new law which was released in 19/09/2018, if you buy a property in Turkey or many properties which their values are 250.000 $ or more and keep them for 3 years, you can apply for Turkish citizenship.

So, the answer is yes, if your property is bought after the new law date and equal to the amount of 250.000 $ or more.

 

Read Also : 

• 10 points you have to read well before singing a property sales contract in Turkey

• Can foreigners buy a property in Turkey ?

• How to buy a property in Turkey in 10 steps ? 

• Turkish citizenship by buying a property .. conditions and documents required 

• Property taxes in Turkey

On 18/9/2018 Presidential Decree No. (106) was issued, whereby Article (46) of the Turkish Nationality Law No. 5901 of 2009 was amended.
Under this Decree, foreigners who purchase a property in Turkey at a value of at least $ 250,000 , With their pledge not to sell the property for 3 years from the date of registration in the land registry, can apply for Turkish citizenship.
Later, the executive regulations that explain the mechanism of implementation of this Decree were issued, and subsequent amendments were issued after it began to be implemented and after the real estate investors applied for citizenship.
And now we can say that the picture has become fully clear about the decree and its amendments and the mechanism of implementation, and we will explain this in the following points:

1- A real estate appraisal must be obtained through government-approved rating institutions, and not only the price recorded in the title deed. and th application for citizenship must apply within 3 months of the date of this appraisal.

2- The official value of the property registered in the title deed can not be lower than the value mentioned in the above appraisal.

3- The purchase price will be calculated in american dollars (at the Central Bank of Turkey's rate of exchange) on the day of obtaining the deed of title (Tapu), not the day of the contract or purchase at the Notary.

4- The price of the property must be paid by bank transfers exclusively (not accepted by cash). The application for citizenship must contain a dispatch receipt signed by the sending bank and receipt from the receiving bank.
(Note: Paying the price of the property by bank transfer from outside Turkey exempts the buyer from VAT).

5- It is not possible to buy a property from a foreigner to obtain citizenship even if he is a wife or child, but must be purchased from a Turkish citizen or company. 

6- For properties that are still under construction, a construction servitude must be obtained, also organizing a sale promise contract and ratifying it at the Notary, But subject to the payment of the required value of US $ 250,000.

7- The value of the property in the title deed and in the real estate appraisal should be slightly higher than $ 250,000 to avoid any problems relating to exchange rate changes during the application.

8- An explanation will be made in the real estate register that this property can not be sold for 3 years from the date of registration in order to obtain citizenship.

9- The property must have been purchased after the date of the decision, which is after 19/9/2018. (This paragraph was amended on 30/5/2019, where the amendment allowed real estate to be purchased before the mentioned date, provided that the title deed was issued after 19/9/2018).

10- Several properties can be purchased with a total combined value of more than $ 250,000, and all relevant documents must be included in a single application.

11- The applicant can appoint a lawyer to follow up all these procedures. Except in specific cases requiring his or her personal attendance.

The documents required to apply for Turkish citizenship in return for buying a property:
• Filling the application in large Latin letters without shortage or errors, and signing the application by the owner of the applicant.
• A copy of the passport of the buyer, his wife and children under the age of 18 years, certified by the notary.
• Original payment receipts from the buyer's account, and original receipt receipts from the seller's account.
• valid real estate appraisal.
• A copy of the title deed (Tapu), or the promise of sale contract certified by the notary.
• A special power of attorney to apply for citizenship to a law firm to follow up the file.
• A copy of the applicant criminal record.
• 4 Personal photos (biometric).
• The same documents are required for both husband and wife.

Documents required to apply for Turkish citizenship to children under the age of 18 years:
• Birth certificate of the child.
• birth statement
• consent of one of the parents to the other (In the case of separation of parents and the children lived with one of them).
• Marriage contract for parents.

We usually in Taksim Real Estate do all the procedures on behalf of our clients by making a POA to our company's lawyer and the lawyer will follow it up till our client get his Turkish citizenship . Contact us for more details.

Read Also : 

• 10 points you have to read well before singing a property sales contract in Turkey

• Can foreigners buy a property in Turkey ?

• How to buy a property in Turkey in 10 steps ? 

• Property taxes in Turkey

On 30/5/2019 The Turkish official Gazette published new amendments regarding the acquisition of Turkish citizenship through real estate investment.

Under the latter amendments, the properties that were repaid before 19/09/2018 and the acquisition of their title deed after the said date have now become possible for the acquisition of Turkish nationality. Where under the previous amendments all payments made before 19/09/2018 where not acceptable.
With this amendment, many foreign nationals have the opportunity to benefit from the investments they made on previous dates.
The foreign investor will acquire the right to apply for Turkish citizenship through the property that he began to pay after 12/01/2017 and received its title after 19/09/2018.

The new amendment removed the requirement to present a bank receipt within the application for citizenship if the property is purchased from joint companies with the public sector such as "TOKİ" and "Emlak Konut", which means investors who buy real estate from such companies will not be forced to prove their payments by bank receipts. However, the requirement for proof of payment by bank receipts remains in effect in the purchase of real estate from private companies or persons.

Investors who bought a $ 1 million property as of 12/01/2017 are not required to prove their payments through bank receipts. This advantage applies even if the property is purchased from real persons or private companies.


The exchange rate of the lira against the dollar is one of the most important amendments. In order to acquire citizenship and complete the application positively, the terms of the exchange rate of the lira against the dollar must be met on payment dates, bank receipts, property valuation reports, delivery dates of the property document and dates of application for citizenship.

The recent amendments did not touch the issue of buying Syrian citizens did not address real estate in Turkey. Where a law must be passed by the parliament or a decree from the presidency to allow the Syrians to buy the property. Although the preparations are ready for the Government in this regard, but have not yet been codified.


 

Read Also : 

• 10 points you have to read well before singing a property sales contract in Turkey

• Can foreigners buy a property in Turkey ?

• How to buy a property in Turkey in 10 steps ? 

• Turkish citizenship by buying a property .. conditions and documents required 

• Property taxes in Turkey