5  Common Asked Questions About Citizenship By Investment

5 Commonly Asked Questions About Turkish Citizenship by Investment

As Turkey’s Citizenship by Investment (CBI) program grows in popularity, prospective investors frequently ask questions about the application process, property types, and eligibility criteria. This blog addresses the top five questions to help guide your journey towards Turkish citizenship.

1. Can I acquire property through my company and still apply for Turkish citizenship?

No, Turkish citizenship requires personal property ownership rather than property owned by a company where you hold shares. The property must appear under the applicant’s individual name through an actual sale or a notarized promise of sale. Therefore, direct personal ownership is essential, excluding properties tied to business interests.

2. Can I apply with a preliminary sales contract for citizenship?

Yes, Turkey’s program allows you to apply with a notarized preliminary sales contract. This contract should confirm that the property transfer will take place within three years and that you made a down payment of at least USD 250,000 (or equivalent). This option provides more flexibility, allowing applicants to begin the process based on a commitment to ownership.

3. Can I acquire citizenship if I buy only a share of a property?

Yes, Turkey permits citizenship applications through shared property ownership if your acquired share meets the minimum investment requirement of USD 250,000. This opens the door for investors to reach the required threshold for citizenship eligibility by participating in joint ventures or co-owned properties.

4. Can I use a mortgage loan to buy a property and still qualify for citizenship?

Yes, applicants can qualify for citizenship when purchasing property with a mortgage loan. However, only the net down payment amount counts towards the minimum investment. This amount must still meet the USD 250,000 threshold to qualify, even if you finance the rest through a mortgage.

5. Can I sell the property before the three-year requirement?

Selling the property before meeting the three-year holding period may impact your citizenship status. Confirm this decision with the Provincial Directorate of Census and Citizenship, as meeting all holding requirements is essential to maintain your investment and citizenship status.


Conclusion

Turkey’s Citizenship by Investment program offers flexibility, but you must understand its eligibility requirements and restrictions. By knowing the answers to these common questions, you can approach the application process confidently and strategically, ensuring a smooth path to Turkish citizenship.

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