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ACQUISITION OF TURKISH CITIZENSHIP BY FOREIGN INVESTORS

ACQUISITION OF TURKISH CITIZENSHIP BY FOREIGN INVESTORS

As is known, one of the ways of acquiring Turkish citizenship through an administrative decision is the acquisition of Turkish citizenship by foreign investors under the title of “exceptional acquisition of Turkish citizenship.” This process is regulated under Article 20 of the Regulation on the Implementation of the Turkish Citizenship Law. Individuals falling within the scope of this article must first obtain a certificate of conformity, then acquire a residence permit pursuant to Article 31/1-j of the Law No. 6458 on Foreigners and International Protection, and finally submit their citizenship application. In summary, the process for a foreign investor to acquire Turkish citizenship consists of three main stages...

Exceptional Citizenship By Real Estate Investment Frequently Asked Questions

Exceptional Citizenship By Real Estate Investment Frequently Asked Questions

EXCEPTIONAL CITIZENSHIP BY REAL ESTATE INVESTMENTFREQUENTLY ASKED QUESTIONS1. WHAT ARE THE DOCUMENTS REQUIRED FOR THE APPLICATION? • Title Deed Document of the immovable or information of village/neighborhood, island, parcel, building, independent section,• Identity document/Passport (with translation if necessary),• "Immovable Valuation Report" to be obtained from the valuation institutions published on the website of the BRSA (https://www.bddk.org.tr/Kuruluslar-Category/Bankalara-Degerleme-Hizmeti-Vermeye-Yetkili-Kuruluslar/11)• Compulsory earthquake insurance policy for buildings (housing, workplace, etc.),• 1 photo of the buyer and 2 of the seller (in the last 6 months, in 6x4 size),• "Real Estate Market Value Certificate" from the municipality• Tax number• Bank-approved remittance receipts (Can be given before or after the sale.)• Sworn translator for the party who does not speak Turkish (authorized by the Regional Judicial Justice Commission)• If there is a representation, the document related to the representation (In case of transactions with a power of attorney issued abroad, the conditions sought with the circular numbered 2015/5 (1767) must be met.)..