Requırements For Turkısh Cıtızenshıp

• The value of real estates purchased between 12.01.2017-18.09.2018 is required to be 1,000,000; the value of real estates purchased after 19.09.2018 and of the real estates purchased with the promise to sell on 07.12.2018 and afterwards is required to be at least 250,000 US Dollars.

• The appraisal of the real estate is required to be carried out with an appraisal report prepared by the Appraisal Agencies authorized by the Banking Regulation and Supervision Agency and in accordance with the appraisal standards (BRSA).

• Abstracts of account approved by the banks must be presented showing that the price paid during the sale process of the real estate is deducted from the buyer account and deposited in the seller’s account.

• The real estate to be purchased must not be registered under the name of the company of which the purchaser is the actual partner or manager.

• The real estate to be purchased must not be registered under the name of any foreign natural person, including the purchaser’s spouse or children. Also, it should not have been transferred by the purchaser himself/herself, his/her spouse, his/her children or any foreign natural person after 12.01.2017.

• Purchased real estate must not be sold for 3 years.