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Turkish citizenship
According to the decree of the Turkish Government, starting from 13 June 2022, the minimum amount of investment in real estate in Turkey for obtaining citizenship should be 400 thousand dollars.
Previously, the amount was 250 thousand dollars.
Obtaining Turkish citizenship is fast and has no pitfalls if you are accompanied by an expert with many years of experience in the field.
With the Globerry Distance program, you can buy property in Turkey remotely!
You don’t need to come to Turkey in person. It is enough to issue a power of attorney for the lawyers of our company, and they will conduct the entire purchase transaction on your behalf.
Globerry is the leading portal for buying property in Turkey. Thousands of our clients have become happy owners of real estate in Turkey. With Globerry, you will have the full support of our experts at every stage: from choosing your dream house to obtaining Turkish citizenship.
METHODS OF OBTAINING TURKISH CITIZENSHIP
Turkish citizenship by investment
The Turkish government has introduced a new accelerated system for obtaining Turkish citizenship. You can apply if your real estate investment is over $400,000 or you have a $500,000 deposit in a Turkish bank. However, if you withdraw money from your account or sell real estate for up to 3 years, you will lose your citizenship.
Additionally, you are eligible to apply for citizenship if you invest more than $500,000 in the Turkish economy or create 50 jobs for employees.
Turquoise card
The Turquoise Card is an employment permit that allows a foreigner to live and work in Turkey.
The Turkish government announced that those who have merit in the fields of technology, science, economy, sports, culture and arts can participate in the program. Turquoise cards are issued by the “Ministry of Family, Labor and Social”.
Citizenship of the property owner residing on the residence permit.
This method of obtaining citizenship is available if you have a residence permit and have lived in Turkey continuously for 5 years. To do this, you need to buy a residential property and obtain a residence permit. In this case, there is no limit on the minimum value of the real estate.
Turkish citizenship by birth
The easiest way to obtain Turkish citizenship is to be born into a Turkish family. This method infers that the parents of the child at the time of his birth are Turkish citizens.
Turkish citizenship by marriage
To obtain Turkish citizenship, one must be officially married to a Turkish citizen for 3 years. The procedure for obtaining citizenship involves passing an interview with your spouse in Turkish.
Purchasing real estate worth at least USD 400,000 by way of Turkish citizenship by investment
Purchase of real estate worth at least $400,000
*if you do not sell it for 3 years
Deposit at least USD 500,000 in a Turkish bank
*If you have not withdrawn money from your account for 3 consecutive years
Purchase of government bonds worth at least $500,000
*if they have not been sold within 3 years
Purchase of $500,000 shares in a Turkish brokerage company
*if they have not been sold wit in 3 years
Investments in the amount of 500 thousand dollars in the main capital of the company
Create 50 jobs for employees in your company
*Provided that these jobs are occupied by Turkish citizens
The Globerry Distance program allows you to buy property in Turkey remotely! You do not need to come to Turkey yourself. It is suffices to issue a power of attorney for the lawyers of our company, and they will conduct the entire purchase transaction on your behalf. Globerry is the leading portal for buying property in Turkey.
Globerry is the leading portal for buying property in Turkey. Thousands of our clients have become happy owners of real estate in Turkey. With Globerry, you will have the full support of our experts at every stage: from choosing your dream house to obtaining Turkish citizenship.
Your power of attorney is a document that allows you to avoid the necessary but time-consuming paperwork and travel to obtain a certificate of title (tapu) when buying property in Turkey. By issuing a power of attorney, you are given the legal authority to act on your behalf. It is important to remember that the responsibility for all transactions that are carried out with the help of a power of attorney rests solely with you.
To be on the safe side, it is recommended that real estate registration releases be provided only to professional real estate agents and licensed attorneys. The validity period of the power of the attorney should be limited to the duration of the transaction for the purchase of real estate, and the list of permits should not go beyond the transaction. It is strongly not recommended to do a general power of attorney for real estate, which contains all rights. In the hands of fraudsters, this can be disastrous.
It is recommended to draw up a power of attorney only for those real estate transactions that are necessary for the transaction and registration of property.
Your rights will be protected if the powers of the trustee are strictly specified in the power of the attorney. Most of the time, these powers are limited to the right to buy real estate and connect water and electricity meters. You should not issue a power of attorney, for example, with the authority to sell real estate, if you are not sure of the legality of the person’s further actions.
The decisive factor in choosing a trustworthy person should be professional level and experience. Globerry Agency recommends that you contact reliable experts in the field of real estate purchases.
Thousands of successful real estate transactions have allowed us to create our own sample power of attorney. This is a special power of the attorney for the purchase of real estate in Turkey, which clearly stipulates the necessary powers.
Globerry ® experts will ensure that the purchase and document execution is successful.
How to get a power of attorney in Turkey?
To issue a power of attorney in Turkey, you can contact any notary. The power of the attorney must be certified by a notary in Turkey, and the whole process will take about 2 hours
In case, if you do not know Turkish, you will need a sworn translator, with whom the notary's office officially cooperates. This rule is regulated by Turkish law to ensure the transparency of the process.
Outside Turkey, a power of the attorney can be issued by contacting a Turkish consulate or embassy. Due to the nature of the reception in these institutions, an appointment will be required in advance. To issue an authorization letter, you will need to provide the authorized person and your passport details. To issue a Power of Attorney, use the sample written by a Globerry attorney. To obtain, please contact the portal agent.
In order for a power of attorney to be legally valid in Turkey, it must be apostilled and have your photo. It needs to add a power of attorney in the authority. It is worth notifying the notary who issues it to you in advance about adding a photo to the power of the attorney.