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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...

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Acquiring Citizenship Through Marriage (ÇEVİRİ)

Acquiring Citizenship Through Marriage (ÇEVİRİ)

ACQUIRING CITIZENSHIP THROUGH MARRIAGE A. THE STATUS OF ACQUIRING CITIZENSHIP THROUGH MARRIAGE IN TURKISH LEGISLATIONRegulations regarding the acquisition of citizenship through marriage have undergone many changes and developments over time. The initial regulations regarding the acquisition of citizenship through marriage stipulated that only women could acquire citizenship through their husbands. In other words, acquiring citizenship through marriage was a right granted only to women. However, over time and with evolving socio-cultural phenomena, this sexist and discriminatory approach has generally been abandoned, and women and men have been treated equally...

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Steps For Application To Turkish Citizenship Through Real Estate Investment

Steps For Application To Turkish Citizenship Through Real Estate Investment

STEPS FOR APPLICATION TO TURKISH CITIZENSHIP THROUGH REAL ESTATE INVESTMENT Step 1 - Get Tax Registration Number The tax registration number can be obtained from any tax office in Turkey.Original passport and photo required...

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Documents Required For Turkish Citizenship Application

Documents Required For Turkish Citizenship Application

DOCUMENTS REQUIRED FOR TURKISH CITIZENSHIP APPLICATION Application form stating the citizenship request Passport or similar document, if it is stateless, the relevant document if it is possible to obtain it Marital status certificate, marriage certificate if married, divorce certificate if divorced, spouse's death certificate if widowed ..

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Citizenship

Citizenship

CITIZENSHIP A. WHAT ARE THE REQUIREMENTS TO BE A CITIZEN? Foreign nationals who make a real estate investment of 400,000 USD can obtain citizenship in Turkey without waiting. • Making a fixed capital investment of 500,000 USD• To create employment for 50 people.• Purchasing government debt instruments of 500,000 USD, provided that they are kept for 3 years.• Purchasing real estate investment fund participation share, and venture capital investment fund participation share for 500,000 USD, provided that it is retained for 3 years...

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Foreign Currency Purchase Certificate

Foreign Currency Purchase Certificate

FOREIGN CURRENCY PURCHASE CERTIFICATE As is known, within the scope of the Regulation on the Implementation of the Turkish Citizenship Law enacted in 2018, it has been made possible for foreigners in our country to acquire Turkish citizenship exceptionally by purchasing immovable or immovables worth at least 400,000 USD (Four hundred thousand USD). At this point, banks play an important role in the registration of foreign currency coming from foreign countries. Namely, as of January 24, 2022, foreigners are obliged to exchange foreign currency with the Central Bank for transactions they are buyers of. Accordingly, persons who are not citizens of the Republic of Turkey are required to make the payments for the real estate to be purchased in foreign currency. This obligation applies to all purchases made by foreigners, whether they apply for citizenship or not. Real estate cannot be sold without this document.   This process is usually done by authorized real estate offices. However, the most important point to be considered in this transaction is that the document to be obtained must be from a bank operating in Turkey. This transaction cannot be made with foreign currency exchang..

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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.)..

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