Türkiye offers a citizenship by investment program that allows foreigners to obtain Turkish citizenship by investing in real estate, government bonds, or startups. The real estate investment option is the most popular, and requires an investment of at least $400,000 in a property located in Turkey.
In order to qualify for citizenship through real estate investment, the property must be valued at least $400,000 by a qualified appraiser. The appraiser must be licensed by the Capital Markets Board of Turkey (SPK) or the Banking Regulation and Supervision Agency (BDDK).
The valuation process typically takes several weeks. The appraiser will visit the property and collect information about its location, size, condition, and amenities. They will then use this information to determine the property’s market value.
The appraiser’s report will be submitted to the Turkish government as part of the citizenship application. The government will review the report and approve or deny the application based on the findings.
Here are some tips for getting a favorable valuation for your property:
If you are considering investing in real estate in Turkey for the purpose of obtaining citizenship, it is important to work with a qualified appraiser to ensure that your property meets the valuation requirements.
Additional Information
The valuation process for Turkish citizenship is relatively straightforward. However, there are a few things to keep in mind:
By following these tips, you can increase your chances of getting a favorable valuation for your property and obtaining Turkish citizenship.