Residential and commercial properties that are above $400,000 price and that are sold from a Turkish owner are eligible for the Turkish Citizenship by Investment application. Foreigners can also combine multiple properties and if the total value is above $400,000, they can still apply for the Turkish citizenship by investment.
The property valuation report, the currency exchange amount (DAB) and property value on the title deed should all be above $400,000 to be eligible to apply for the Turkish Citizenship by real estate. For example, if you buy a property for $420,000 and pay $420,000 from bank, but if the appraisal report is below $400,000, then this property is not eligible for the Turkish citizenship by investment application.
Buying multiple properties is ok for Turkish citizenship if all the properties are eligible and if the total value of properties is more than $400,000. Residential properties and commercial properties are eligible for Turkish citizenship by investment, such as flat, residence, office, shop, factory etc. However, land investment is not eligible for the Turkish citizenship.
Completed properties and properties that are under construction are eligible for Turkish citizenship by investment if the title deed allocation of the unit is completed (Kat İrtifakı). The good title deeds for Turkish citizenship by investment are Kat Mülkiyeti and Kat İrtifakı. Also, the seller of the property should be a Turkish Citizen or a Turkish Company. Buying a property from a foreigner or buying a property that was already used for Turkish Citizenship application will not make you eligible to apply for the Turkish citizenship by investment.
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