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FAQ

1: What is the difference between residency and citizenship through property purchase?

These two concepts are entirely different:

  • Residency by Property (İkamet): By purchasing a property valued at a minimum of $200,000 (in major cities like Istanbul, Ankara, and Izmir), you and your family can obtain a renewable tourist residency permit. This residency does not lead to citizenship and is merely a temporary permit to live in Turkey.

  • Citizenship (Vatandaşlık): By purchasing a property valued at a minimum of $400,000, you can directly apply for Turkish citizenship and a passport.

The minimum amount for the Citizenship by Investment Program (CIP) is the purchase of property or a collection of properties valued at a minimum of $400,000 USD.

Yes. You can purchase one or more properties (residential, commercial, or land), provided that their total official appraisal value is at least $400,000.

Upon the main applicant's (the property buyer's) application, the following individuals can obtain Turkish citizenship simultaneously:

  • The applicant's legal spouse

  • The applicant's children under the age of 18

(Children over 18 are not included in this program and must apply independently).

Yes, there are several key conditions:

  1. Official Appraisal: The value stated in the official appraisal report (Ekspertiz Raporu) must be at least $400,000 (even if your purchase price is higher).

  2. Purchase from a Turk: The property must be purchased from a Turkish citizen or a Turkish company.

  3. No Prior Use: The property must not have been previously used for a citizenship application.

  4. Bank Transfer: The entire amount must be transferred via the banking system in foreign currency (USD) to the seller's account, and a Foreign Exchange Purchase Certificate (Döviz Alım Belgesi) must be obtained from the central bank.

You commit not to sell the property used for your citizenship application for a period of at least 3 years. This commitment is officially registered as an annotation on the title deed (TAPU). After 3 years, you are free to sell the property, and your citizenship will be retained.

Yes. From the first day of ownership, you have the full right to rent out the property and earn income from it.

After the title deed transfer (TAPU) and the completion of all documents (including the appraisal report, foreign exchange certificate, and investment residency application), the citizenship file review process typically takes between 3 to 6 months.

No. One of the advantages of this method is that there is no requirement for physical presence or residency in Turkey, neither before nor after receiving citizenship.

No. In the citizenship by investment (property purchase) method, there is no requirement to be proficient in the Turkish language.

In addition to the main $400,000, you should consider the following costs:

  • Title Deed Transfer Tax: Typically 4% of the declared property value.

  • Official Appraisal Fee (Ekspertiz): A minor fee for preparing the valuation report.

  • Notary Fees: For translation and notarization of documents (like passports and birth certificates).

  • Administrative Fees: Includes application fees for residency, citizenship ID cards, and passports.

  • Legal Fees (Optional): If you use a lawyer to handle the process.

It is recommended to budget approximately 5% to 8% of the property's value for these additional costs.