The ministry verifies that the value declared on the title deed is correct and above 250,000 USD, with sworn appraisers. All the property value must be paid by bank transfer to the Property Seller and not in cash. The payments need to be verifiable by a third party at any given time.
We recommended opening a bank account in your name to avoid delays in payments coming from abroad and to facilitate automatic payments to tax authorities, utility and telecommunication companies for example.
The transaction costs when buying property consist of fees for a broker, notary fees, translation of identification documents and real estate transfer tax. Most of the prices on Timondro are end prices and they have no brokerage fee that need to be paid. For all costs you can calculate an average total of 5% of the sales price (the largest part of the 5% is the real estate tax which amounts to 4%).
If you are able to prove that you did you military service in your home country before or if you are more than 22 years old on the day that you gained Turkish citizenship, you do not have to do military service in Turkey.
When you purchase at least a 250,000 USD property, you can apply to Turkish citizenship with a required document certifying the applicant’s statelessness (travel document issued by the United Nations).
There are 70 countries that you can currently travel to visa-free with a Turkish passport. These include Japan, Singapore as well as other key countries in South America, Asia, and Africa. For a complete list click here.
Yes. If you send your power of attorney to a lawyer or someone you trust in Turkey, your proxy can follow the process on your behalf. In this way, you will complete the purchase and Turkish nationality process even without visiting Turkey.
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