As of October 16, 2023, the minimum property purchase value for a residence permit application has been set at 200,000 USD

In the absence of a valid testament, the deceased person's estate is initially inherited by their children, husband, or wife.

The prices of properties purchased from new constructions are determined by the construction company and contractor. The real estate agency commission is included in the sale price, and this does not alter the total price paid by the customer.

A tax number, passport, and a notification address are mandatory requirements for opening an account, and some banks may also require a mobile phone number obtained from Turkish operators. Both foreign companies and individuals can open a bank account in Turkey if they meet the necessary requirements.

The residence permit obtained through property acquisition in Turkey is generally granted for a duration of one year, and it is possible to renew it upon expiration.

Foreigners can open bank accounts, purchase health insurance, and pay residence permit card fees or fees with a tax number. You can obtain a tax number by entering the Interactive Tax Office website (gib.gov.tr), clicking on the link for 'Potential Tax Identification Number for Foreigners,' and completing the provided form.

In the citizenship acquisition application, it should be stated that the real estate was purchased for this purpose, and this purpose should be specified in the title deed. The foreigner must declare on the form that they will not sell the property for 3 years in the section where statements are made.

Yes, real estate properties purchased in installments are eligible for Turkish citizenship application, provided that they meet the minimum investment amount of USD 400,000.

The duration to obtain Turkish Citizenship is acquired after the completion of all legal procedures and approvals, and this process can take between 3 to 6 months.

The new Turkish citizenship law introduces some changes compared to the previous law. Anyone fulfilling any of the following conditions has the right to apply for Turkish citizenship: Purchasing real estate with a minimum value of 400,000 USD and not selling it for 3 years, instead of the previous requirement of a minimum 1 million USD. Making a fixed investment of at least 500,000 USD. Providing employment opportunities for at least 50 Turkish citizens, reduced from the previous requirement of 100. Lowering the deposit condition in Turkish banks from 3 million USD to 500,000 USD.

The easiest and quickest way to obtain Turkish citizenship in a short period is to apply for citizenship after purchasing a property that meets the citizenship conditions in Turkey.

Yes, real estate properties under construction are eligible for Turkish citizenship application, provided that they meet the minimum investment amount of USD 400,000.

The minimum value of the property purchased to acquire Turkish citizenship through real estate must be 400,000 USD.

Yes, it is sufficient to purchase one property, provided that its value is at least 400,000 USD. Additionally, you can buy multiple properties as long as their total value is at least 400,000 USD.

In a property with multiple partners, each partner can obtain Turkish citizenship when the value of their share in the property is at least 400,000 USD. For example, if there are 2 partners, the minimum value of the property for each partner to be eligible for Turkish citizenship is 800,000 USD.

Turkish Citizenship through real estate acquisition can be obtained by making a minimum 400,000 USD real estate investment in Turkey, with the condition of not selling the property for a period of 3 years.

After purchasing a property that meets the conditions for Turkish citizenship and applying for Turkish citizenship, you and your family are granted a residence permit.

Foreign nationals, subject to complying with legal restrictions, can purchase immovable property in Turkey for use as a workplace or residence. However, regardless of different cities, the total area of immovable properties that a foreign person can purchase in Turkey cannot exceed 30 hectares.

The exchange rate will be calculated based on the official rate at the time of purchase, according to the Central Bank of the Republic of Turkey's exchange rate.

It is possible to purchase property in Turkey without coming to the country. This can be achieved through a legal power of attorney granted to an individual or entity acting on behalf of the buyer in Turkey. Power of attorney documents can be arranged through the Turkish Embassies in the place of residence of the buyer.

It is not necessary to reside in Turkey after purchasing the property.

Obtaining a residence permit is generally not necessary before purchasing real estate in Turkey.