Real Estate Buyers Guide To

Turkish Citizenship By Investment

Programme

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L o n d o n • I s t a n b u l • B u r s a • B o d r u m • F e t h i y e • C e s m e • A n t a l y a • K a l k a n • B e l e k • A l a n y a • N o r t h C y p r u s

APPLICATION TYPES TO TURKISH CITIZENSHIP BY INVESTMENT

PURCHASING PARTICIPATION SHARE OF A REAL ESTATE INVESTMENT FUND or A VENTURE CAPITAL INVESTMENT FUND

Minimum $500.000

REAL ESTATE INVESTMENTMinimum of $250.000

DEPOSITING CASH IN BANKS OPERATING IN TURKEYMinimum of $500.000

PURCHASING STATE DEBT INSTRUMENTS Minimum of $500.000

PROVIDING EMPLOYMENT Minimum of 50 People

FIXED CAPITAL INVESTMENT Minimum of $500.000

•Applicants are required to purchase a property in Turkey which is worth minimum of $250.000. This can be fulfilled either by purchasing a single property or multiple properties complying with the provisions of the regulation.

•Applicants are required to keep the purchased property for at least 3 years. This commitment must be registered as an annotation on the Title Deed and/or on the Notarized Sales Contract.

•The value of the property will be determined by an official valuation survey done by the authorities that are announced by the Banking Supervision Board. The value of the property must be at least $250.000 in the valuation report.

•The property purchase price must be paid to the seller via bank transfer, to be supported by bank receipts that proves that the transaction is made from Buyer’s account to Seller’s account.

•The officially declared value of the property must be minimum of $250.000 at the time of the Notarized Sales Contract and/or of its ownership transfer at the Land Registry Office.

•Any such property within this scope must not be registered under any foreign real person’s name including the Applicant’s spouse or children; properties that have been transferred by the Applicant’s spouse or children after 12.01.2017 are not within the scope of the regulation.

•In case the property is purchased with a mortgage loan or it is subject to mortgage by any means, the mortgage value will be deducted from the value stated in the valuation survey and the remaining amount will be taken into consideration.

•Application will be sent to the Ministry Of Internal Affairs, General Directorate of Population and Citizenship Affairs, Directorate of Foreigners’ Department through the Ministry Of Environment and Urbanization, Land Registry Office.

We suggest that you seek professional assistance with a lawyer along the process

REQUIREMENTS FOR APPLICATION BY REAL ESTATE INVESTMENT

GETTING A TAX REGISTRATION NUMBER•Tax Registration number can be obtained from any Tax Office in Turkey•Original Passport and photos are required

OPENING A TURKISH BANK ACCOUNT•Documentation of transactions during buying stage will be necessary•Passport Original and Tax Registration number is required•An official document (such as Public Utility Bill) shows your current address is required

BUYING THE PROPERTY•Use Bank Transfer and document the transaction by receipt•Get Title Deed Registry and/or Notarized Sales Contract annotated with “Not To Be Sold For 3 Years”

OBTAINING THE CERTIFICATE OF CONFORMITY•Request, Provide Official Valuation Survey•Submit the Bank Transfer Receipt•Apply To Ministry Of Environment And Urbanization

APPLICATION FOR TURKISH RESIDENCY•Gather the required documents•Apply to Directorate General of Migration Management

APPLICATION FOR TURKISH CITIZENSHIP•Gather the required documents•Apply to Directorate General of Migration Management

STEPS IN REAL ESTATE INVESTMENT APPLICATION

FINDING THE PROPERTY•Total Value of $250.000 or equivalent Turkish Lira (single or multiple units)•Construction Servitude or Title Deed ready•Habitation License granted•Suitable For Official Valuation Survey

Time condition for all investments is 3 years.

You can be a Turkish Citizen with the condition that you can take back all investments along with legal revenues 3 years later.

You can sell your property once the required time expires and Turkish Citizenship is granted.

Applicant's spouse and children who are less than 18 years old will also be granted with Turkish citizenship.

You don’t have to live in Turkey to participate in the program.

Your Turkish Citizenship will remain throughout your life and your children will be born as Turkish Citizens.

You can keep multiple Citizenships along with your Turkish Citizenship

FACTS ABOUT THE PROGRAMME

•Marital Status Marriage certificate, divorce certificate,

if applicant is widowed he/she must provide spouse’s dead certificate. Each certificate must be stamped and authenticated by

Ministry of Foreign Affairs and Turkish Embassy in applicant’s country

•Birth Certificates of All Family Members Each certificate must be stamped and authenticated by

Ministry of Foreign Affairs and Turkish Embassy in applicant’s country

•8 Biometric Photos of Main Applicant On white background, regular size

•4 Biometric Photos Of All Family Members On white background, 5cm x 6cm

•Health Insurance for Residency

•Power of Attorney

•Passport Copies

•Application Form

REQUIRED DOCUMENTS

PROFESSIONAL ASSISTANCE

For fur ther information and complete portfolio

HERE ARE SOME SELECTED PROPERTIES IN ISTANBUL SUITABLE FOR CITIZENSHIP BY INVESTMENT PROGRAMME

In Property Turkey we offer a wide selection of “Investment and Lifestyle” properties on Turkish Real Estate Market for over a decade.

Within our portfolio which is the widest of the sector we offer you a selection of properties approved for “Citizenship By Investment Programme”.

Our professional and dynamic team of Property Investment Consultants are ready to assist you with the most suitable options possible. Our In-House-Lawyers qualified on the subject are willing to help you through out the process.

Over the last 12 years Property Turkey have developed the business and the brand, helping over 2000 clients from 18 countries who invest in over 900 properties in Turkey.

Our status as industry leader, Property Turkey’s guarantees a solid bargaining power and secures favorable prices and payment terms.

APARTMENTS IN EYUP

• Life Style Project• Close To Airport | Highway•Central Location• 1 to 4 Bedroom Units

APARTMENTS IN KARTAL

•Sea & Islands View Units

APARTMENTS IN SISLI

CHECK THIS PROPERTY ON OUR WEBSITE

•Central Location•Unique Project• Close To Metro• Studio to 4 Bedroom Units •Panoramic Sea View

• Close To Airport| Metro| Seabus

CHECK THIS PROPERTY ON OUR WEBSITE

APARTMENTS IN GUNESLI

• Next To Park• Close To Metro | Airport | Main Roads • 1 to 2 Bedroom Units

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• 1 to 4 Bedroom Units

VILLAS IN BUYUKCEKMECE

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•Lake & Nature Views• Close To Highway|Airport •Unique Project• 4 to 6 Bedroom Units

APARTMENTS IN MASLAK

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• Next To Vadistanbul Mall •Central Prime Location

•Government Guaranteed• Studio to 4 Bedroom Units