Foreign Nationals’ Property Acquisitions

Prepared by: Constantinople

No. Buying property in Turkey does not automatically confer citizenship. For a property-investment application, compliance with investment requirements and the administrative process are assessed separately. A claim of citizenship eligibility in an advertisement or advisory correspondence does not replace official examination. The purchase decision and citizenship expectation should be considered in the same file.

Under current rules, acquisition worth at least USD400,000 or its equivalent and a three-year no-sale condition in the register matter for this investment route. Reaching that sale price alone should not be treated as sufficient. Eligibility of the property and parties, transfers of funds, entries and official documents are checked together. The conformity certificate and other application stages are separate processes.

Under TKGM Circular2024/4, TTB is used to confirm the investment amount in citizenship-related transactions. It would be incorrect, however, to state generally that every foreign-party transaction outside citizenship requires a valuation report. Payment receipts and the foreign-exchange purchase certificate also have distinct functions and sequencing. The purpose for which amounts in the documents are assessed must be clear.

We examine the sale agreement, title and amount-determination documents, payment plan and no-sale condition, identifying missing documents and eligibility questions for separate verification in writing. We do not guarantee rental yield, resale or citizenship. The property's legal status and the citizenship application's eligibility may require different assessments. Review should therefore be requested before payment or a binding commitment.