Turkish citizenship decision 2022

• Investors in Turkey face many problems during their journey to own property and acquire citizenship.
• The Ministry of Environment and Urban Survey has amended the decision to acquire Turkish citizenship through ownership.
• The new amendment is in line with the interests of foreign investors and those wishing to reside permanently.

Some of the most important amendments and additions made by the Ministry of Environment and Urban Survey:

All properties qualify you for citizenship.

• The Ministry of Environment and Urban Survey has made some modifications and additions:
• If the land is residential

1. The owner must undertake a construction project and obtain the necessary licenses within two years.
2. The owner must pledge not to sell the plot within 3 years.
3. The land area should not exceed 30 hectares.

• If the land is agricultural

1. The owner must undertake an agricultural project and obtain the necessary licenses within two years.
2. The owner must pledge not to sell the plot within 3 years.
3. The land area should not exceed 30 hectares.

Turkish title and Turkish citizenship

• After the new amendment, a sales contract cannot be regulated by the notary without a title deed.
• There are two types of title deeds for the apartment (kat mülkiyeti) or title deeds for the plot (kat irtifakı).
• The owner must pledge to the notary and property management not to sell the apartment for 3 years.
• The purpose of this amendment is to limit the frauds that can occur through the pledge process.
• A problem that enables more than one person to buy the same apartment in the absence of a title deed has finally been solved.

Title deed or sale contract

• According to the law of ownership and citizenship, there is no specific number of apartments to own.
• It is enough to have a minimum of 4000,000$ resulting from the apartments.
• In the previous law, apartments are supposed to be sold either by managing property ownership or through a sales contract with the notary.
• It was not permissible to have a title deed for an apartment and a sales contract for another apartment, which is now possible.

Proof of property value

• If the property’s value is equivalent to 400,000$ or not, the bank’s notice will be taken into account.
• If the investor sends the hawala in dollars, it is only sufficient to show the bank’s notice signed or stamped by the bank.
• When sending a hawala in Turkish lira, the exchange rate will be looked at one day before the date of transmission.
• The Central Bank of Turkey determines the exchange rate; the total must be 400,000$.
• When purchasing a property through a state-owned company, the owner only obtains a payment statement from the company.

Extend the evaluation of the drug for a longer period

• The evaluation report of the drug is valid for 3 months from the date of its issuance, while it is valid for one or two days.

Date of receipt of title deed and date of issuance of citizenship law

• For properties purchased before 19/09/2018 and received their title deed after this date, they are entitled to benefit from the Citizenship Act for 400,000$.
• If the title deed is taken before 19/09/2018, the owner is entitled to benefit from the sexual law, but in the amount of 1,000,000$.

The last owner.

• It is now possible to buy the property and benefit from the citizenship law if the last owner of the property is of Turkish origin.
• Previously it was possible to benefit from the citizenship law when the last three-third of owners of the property were of Turkish origin.
• You cannot obtain citizenship when you buy a property from a person with citizenship through ownership or a bank deposit.
• You cannot benefit from the citizenship law if you have purchased a property from a foreign person.

• Our company team, which is an expert in the real estate market, will provide all the useful advice you need and unparalleled quotes.
• You can take advantage of our legal services which provide you with the opportunity to invest safely.
• Apply now for the real estate consultant to contact you and provide answers to all your queries and provide the best offers available.

TURKEY LEADS IN HOUSING PRICE GROWTH

The significant growth of real estate in Turkey is enough reason you should invest in Turkey.

According to Knight Frank, Turkey ranks first in the world in real estate price growth in the first quarter of 2022. The analytical review examines data from 56 countries. The rate of cost increase in the first quarter of 2022 reached 110%. The Czech Republic (25.9%) and Slovakia (22.1%) are in second and third place after Turkey. The gap is significant. Experts note that in many respects such a jump was caused by inflation. Taking into account the depreciation of the Turkish lira, the real increase in the value of the real estate was 30.3%, which is significantly higher than in other countries. The highest price jump was recorded in Antalya, it reached 180.3%. Istanbul’s indicators are slightly lower, they are 165.4%.

Advantages Of The Turkish Passport Holder

Obtaining the Turkish passport

According to the passport index website, which specializes in classifying passports around the world, the Turkish passport is ranked 41st in the world, with access to countries of the world up to 56%, and the Turkish passport holder can enter 62 countries around the world without a prior visa, and 45 countries with an immediate visa upon arrival, and 5 countries with an electronic visa.

 

Countries that the holder of a Turkish passport can travel to without a visa
or with an airport visa.

 

Take advantage of economic facilities inside and outside Turkey

The Turkish government, through the institutions affiliated with the Ministry of Economy, has granted many economic facilities and many services to Turkish and foreign investors and businessmen alike. These economic facilities in Turkey can be known through the following points:

• Establishing a fair wage policy for employees working in government institutions. It is the duty of the state to do what is necessary for employees to obtain fair wages appropriate for their work, and to benefit from social benefits.
• The right to own real estate, cars, all types of movable property, and others, and register them in the state records.
• The right to make investments in all their forms.
• The right to open bank accounts in various governmental and private banks.
• Possibility to participate in all economic activities, organized by the public or private sectors in Turkey.
• The right to buy and sell different types of real estate.
• Raising the standard of living for citizens, and creating suitable working conditions for them.
• Take the necessary measures to prevent unemployment, and determine the minimum wage.
• Flexible laws facilitate the work of investors to make investments.
• Among the advantages granted by Turkish citizens is to raise the average per capita income in Turkey from about $2,800 to $10,500 annually, and to secure an economic cycle with continuous and sustainable growth.
• Giving facilities for the establishment of companies of all kinds (individual companies, personal companies, limited liability companies, and joint-stock companies).
• Supporting the industrial sector (such as facilitating tax procedures) and granting the owners of industrial establishments many privileges, such as tax cuts and abolition in some sectors of industry, such as car factories and iron and steel factories.
• Turkey introduced more reforms in the banking sectors and provided support to the local investor by finding ways to finance the owners of companies and emerging investments, bringing them to growth levels, and working to reduce interest and encourage the local market to produce.
• The right to form a professional union for workers. Employers have the right to establish unions and organizations (such as federations) to protect their economic and social rights and interests.
• The right to work and receive a salary not less than the minimum wage set by the Turkish government.
• The right to health and social security.

Residence and travel within Turkey without restrictions

Turkish laws legislated within the rights of citizenship and political duties of the Turkish Constitution some rights that guarantee the eligibility of residence and free movement without restrictions within the Turkish territory, and the right of residence falls under the following rights:

• Obtaining all personal documents, such as ID card, passport, residence document, driving certificate, and other documents that are required of a Turkish citizen.
• The right to confirm marriage, register births, and register deaths.
• The right to inheritance and succession according to Turkish laws.
• The right to obtain all civil rights of Turkish citizens.
• Freedom of movement within Turkish territory.
• One of the advantages of the Turkish passport is that it gives freedom to travel outside Turkey and return to it.
• The right to grant Turkish citizenship to a foreign wife and children from a non-Turkish mother.
• Maintain the confidentiality of personal data provided to Turkish government institutions, and do not share it with any third party, without the permission of the Turkish citizen.

High-quality healthcare

The health services provided by the Turkish government through the construction of modern hospitals, and health facilities built on solid and strong foundations, are among the most important features of the country in terms of health care provided to Turkish citizens or those with Turkish citizenship.

It is worth noting that the health sector in Turkey is characterized by great development, the efficiency of medical personnel that provides health services, and the reliance on the latest devices and modern technologies in treatment processes.

In addition, the Social Security Law in Turkey allows all workers in state institutions and the private sector to benefit from health care services, which allow treatment in government hospitals for free, and the purchase of medicines at reduced prices.

For people who do not fall under the Social Security Law, the Turkish government grants them a green card, which allows them to obtain free treatment in state hospitals, and to benefit from discounts on drug prices as well.

High educational services

Education is free for all Turkish students in Turkish schools, universities, and institutes, as well as a large number of private institutions and scientific societies, which are interested in providing scholarships to Turkish students at all educational levels.

In addition to hundreds of universities and government institutes that provide the highest levels of education, the state has worked to establish a range of social facilities and university housing, which guarantee students an ideal study life.

Candidacy and election rights

Based on Article No. 101 of the Constitution of the Republic of Turkey, a Turkish citizen who has completed his university studies, completed his forty years of age, and met the conditions for running for parliament, has the right to run for the presidency and to be elected directly by the people.

Similarly, Turkish law allows for electoral alliances, before the deadline for elections, to be submitted to Parliament, which means that two or more parties will be grouped together within an alliance placed on the ballot paper. In addition, voters have the right to vote for the alliance as a whole or can vote for one of the parties.

How does ASM REAL ESTATE company assist me to become a Turkish citizen?

With the experiences accumulated through years of continuous work, the ASM REAL ESTATE COMPANY, puts it in your hands, to realize your dream of obtaining Turkish citizenship, and enjoying the rights of Turkish citizenship as soon as possible.

ASM REAL ESTATE COMPANY helps you manage the Turkish citizenship file in state departments and institutions with great professionalism, and works to follow up all procedures related to citizenship matters, through a team of Turkish lawyers, experts in Turkish laws and legislation, and keeps in constant contact and vigorous follow-up at all stages, until the moment of handing over the passport Turkish.

Contact us now to get the best investment opportunities!

Turkish citizenship decision 2022

Reference: Aljazeera, Passport index, Presidency of the Republic of Turkey, and Wikipedia