We Handle Your Investment and Your Citizenship Process Together
Canaydın Law Firm handles the process from the legal assessment of the type of investment to the making of the investment, from the three-year no-sale annotation and three-year holding commitment procedures to the certificate of conformity, the investor residence permit and the Turkish citizenship application.
Real estate purchases, bank deposits, government debt instruments, the Private Pension System and other investment transactions can be carried out on the investor's behalf under a properly drawn power of attorney.
The spouse of the main investor and children under the age of 18 may also apply for Turkish citizenship under the main application, without making a separate investment.
What We Do for You
The legal requirements of the investment routes are assessed by taking into account the investor's purpose, family structure, existing documents and the conditions of the transaction.
Real estate purchases, deposits, purchases of government debt instruments, and BES and investment fund transactions can be carried out on the investor's behalf under an appropriate power of attorney.
A three-year no-sale annotation is placed on the real estate; for other types of investment, a commitment is given that the relevant investment will be held for three years.
To establish that the investment has been made in accordance with the requirements of the legislation, an application is made to the competent authority according to the type of investment.
The investor residence permit, the citizenship file, the documents of the spouse and children, and the post-citizenship identity card and passport procedures are carried out.
Investment amounts, currency conversion, and blocking and commitment procedures vary according to the type of investment. Before the investment is made, the current legislation and the practices of the relevant authorities are checked separately.
A power of attorney suited to the selected type of investment is prepared; the tax number, bank account and necessary investment documents are completed. The investment transactions are carried out on the investor's behalf, according to the scope of the power of attorney and the practice of the relevant authority.
Once the investment has been made, a three-year no-sale annotation is placed on the real estate. For bank deposits and government debt instruments, a commitment is given that the investment will be held for three years; for investment funds, the requirement to hold for at least three years is fulfilled, and for BES investments, the requirement to remain in the system for three years. After these procedures, a certificate of conformity is requested from the relevant competent authority to establish that the investment complies with the citizenship legislation. Once the certificate of conformity is obtained, the investor residence permit and the Turkish citizenship application follow.
| Type of Investment | Competent Authority |
|---|---|
| Real estate investment | Competent units of the General Directorate of Land Registry and Cadastre |
| Bank deposit | Banking Regulation and Supervision Agency |
| Government debt instruments | Ministry of Treasury and Finance |
| BES | Insurance and Private Pension Regulation and Supervision Agency |
| GYF and GSYF | Capital Markets Board |
| Fixed capital | Ministry of Industry and Technology |
| Employment | Competent units of the Ministry of Labor and Social Security |
The investor, the spouse, children under the age of 18, the existing documents and the preferred type of investment are assessed.
The power of attorney, tax number, bank account, translation and other preparatory procedures are completed.
Depending on the selected type of investment, real estate is purchased, a deposit is made, a government debt instrument or fund is purchased, a BES contract is established, or another investment is made.
A three-year no-sale annotation is placed on the real estate; for other types of investment, the relevant three-year holding, retention or remain-in-the-system requirement is fulfilled.
The certificate of conformity is obtained by applying to the competent authority according to the type of investment.
The investor residence permit application is made and the necessary biometric procedures are completed.
The citizenship file of the main investor, the spouse and children under the age of 18 is prepared and submitted to the relevant authority, and the necessary biometric procedures for the citizenship application are completed.
After the citizenship decision, the population registration, name update where necessary, and Turkish identity card and passport procedures are completed.
The process up to the making of the investment, the three-year no-sale annotation or three-year holding commitment procedures and the obtaining of the certificate of conformity can be carried out remotely with an appropriate power of attorney.
At the investor residence permit and citizenship application stage, the main investor and the spouse must be present in Türkiye to complete the necessary biometric and fingerprint procedures. Whether the children must be present in person is assessed according to their age and the practice of the relevant authority.
The spouse of the main investor and children under the age of 18 may also apply for Turkish citizenship under the main investment, without making a separate investment.
For those who have already started their investment or citizenship procedures, the existing file can be reviewed and the remaining procedures carried out.
Once the three-year investment period has been completed, the annotation on the title deed, the block on the bank or investment account and other commitment records are removed.
If the name and identity details in the bank, title deed, BES or investment account need to be updated after citizenship, these procedures are completed. Then, depending on the type of investment, the property can be sold, the deposit can be withdrawn or the investment instrument can be transferred.
FAQ
From the submission of the citizenship file to the relevant authority, applications are generally concluded in practice within 6 months to 1 year. The period may vary depending on the archive research, family documents, requests for additional documents and the workload of the administrative review. This period reflects the general assessment in practice; it is not a commitment to a definite conclusion.
The procedures up to the making of the investment, the three-year no-sale annotation or three-year holding commitment and the certificate of conformity can be carried out remotely with an appropriate power of attorney. At the investor residence permit and citizenship stage, the main investor and the spouse must complete the necessary biometric procedures in Türkiye.
Yes. With an appropriate power of attorney, real estate purchase and title deed transfer, bank deposits, purchases of government debt instruments, BES, investment funds, blocking and certificate of conformity procedures can be carried out on the investor's behalf.
Yes. The three-year annotation on the title deed restricts the sale or transfer of ownership of the property; it does not prevent the property from being rented out.
No. There is no obligation to live in the property. The property can be used or rented out, provided that the three-year no-sale condition is observed.
No. Not every property is suitable for a citizenship application. The type of the property, the nature of the title deed, the seller, the previous owner information and whether it has previously been used in a citizenship application must be reviewed. In addition, properties located in military prohibited zones or security zones, or in areas where acquisition by foreigners is restricted, may not be purchasable. Therefore, before any payment is made, the legal suitability of the property for citizenship and for acquisition by foreigners should be checked.
Yes. In the purchase route, the required amount can be met with the total value of several properties. In the promise-of-sale route, however, the required amount must be covered within a single contract.
Yes. As long as the principal investment amount and the three-year block are maintained, you can benefit from the coupon or interest payments of the government debt instrument purchased.
The BES contribution is placed in the selected pension funds. Depending on the performance of the funds, gains or losses in value may occur. For citizenship purposes, the three-year requirement to remain in the system must be maintained.
Yes. The spouse of the main investor and children under the age of 18 can apply under the main investment, without making a separate investment.
In case of a rejection decision, depending on the type of investment, steps can be taken to remove the annotation on the title deed, the block on the bank or investment account, or the relevant commitment. After the removal, the property can be sold, the deposit can be withdrawn or the investment instrument can be transferred. The administrative and judicial avenues available against the rejection decision are assessed separately.
No. Even if the citizenship decision has been issued, the three-year requirement not to sell, not to withdraw, to hold or to remain in the system must not be violated before the period expires.
The title deed annotation, the block on the bank or investment account and other commitment records are removed. After the necessary name and identity updates are completed, the investment can be sold, withdrawn or transferred.
Request a Legal Assessment
You may contact Canaydın Law Firm for the assessment of your investment option, the making of the investment in your name, the three-year no-sale annotation or three-year holding commitment, the certificate of conformity, the investor residence permit and the Turkish citizenship application.
