How Does the Property Buying Process Work for Foreigners in Turkey?

Step-by-Step Guide to Buying Property in Turkey

• Obtain a Tax Registration Number in Turkey: This TAX ID is essential for all financial and legal transactions within the country. ​
• Open a Bank Account in Turkey: Necessary for the management and security of the property-related finances and transactions. ​
• Find an Eligible Property Meeting Your Requirements: Ensure the property complies with the investment criteria set by Turkish Government. ​
• Purchase a Property Valued at Least $400,000: The investment must be in foreign currency, and the amount must be sold to a bank to be sold to the Central Bank of Turkey.
• Obtain a Property Valuation Report: This official report confirms the property’s current market value, ensuring it meets the minimum investment threshold. ​
• Acquire a Certificate of Conformity: Issued by the Ministry of Environment and Urbanization, this certificate verifies the property’s compliance with investment requirements. ​
• Apply for a Turkish Residence Permit: A residence permit is required as part of the citizenship application process. ​
• Prepare and Submit the Necessary Official Documents for the Turkish Citizenship Application: Gather all required documents, including proof of investment, residence permit, and other supporting materials, to complete your citizenship application. ​

At Adres Investments, we provide comprehensive solutions for every step of the Turkish citizenship process through real estate investment, ensuring a seamless and hassle-free experience. Our experts are here to guide you with personalized consulting, making your investment process smooth and efficient.