Akkas & Associates Law Firm is a globally recognized Turkish citizenship law firm with a long record of excellence and professional leadership in Istanbul, Turkey. Our Turkish Citizenship through Investment lawyers are prepared to handle 250,000 USD real estate acquisitions and 500,000 USD bank deposits to apply Turkish citizenship with investment. Our investment for Turkish citizenship practice includes; buying, leasing, and selling residential and commercial properties to both domestic and foreign customers in Turkey. Our Turkish real estate lawyers also represent our clients in real property acquisition, we prepare real estate sale contracts or amend the contracts that are prepared by the developers. We also represent our clients throughout Turkish citizenship application process until they get their Turkish passport.
Our Turkish Citizenship Lawyers do perform Turkish citizenship services with investment options. We have extensive experience in immigration law in Turkey and we have obtained more than 400 passports. We have successfully represented clients from Iran, Palestine, Jordan, Lebanon, Morocco, Egypt, Tunis, Libya, Pakistan, Bangladesh, India, Hong Kong, Macao, China, Djibouti, Macedonia, USA and we know how to get required paperwork done in each country.
Our Turkish Citizenship with Bank Deposit Lawyers perform legal services for making an investment and getting a conformity certificate for the investment to apply for Turkish citizenship. Once the investment step is completed, we will apply for residency for the main applicant. After that, we will prepare Turkish citizenship file for the main applicant and his/her spouse and kids.
Generally, it takes 3-4 months to get a citizenship application accepted. We did not have any refusals so far. We got our last application accepted in 85 days. Once your application is accepted, you can apply for Turkish ID card and passport and get your fingerprints at Turkish Embassy in your country, you don’t have to come to Turkey at all.
However, if you like to come and get it done in Istanbul one of our English-speaking Turkish lawyers will help the you to get fingerprints and apply for Turkish ID card and passport. Turkish passport and ID card will be mailed to our office address.
Turkish Citizenship through Real Estate Investment
We do perform legal services for property purchase and management for foreign clients. Our services include preparation, legal help and representation regarding the sale or purchase of a real estate property in Turkey.
An English-speaking attorney will prepare your purchase and sale agreement to buy or sell an off-plan or second-hand house or apartment in Turkey. Our lawyer will advise you of any potential pitfalls, recommend specific changes that would benefit you, discuss or negotiate these concerns and changes with the other party, and accompany you to the Title Deed Office to close the transaction. Nowadays, there is huge demand for Turkish citizenship via the route of the USD 250,000 property investment law. Our attorneys will help from real estate purchase until you get Turkish citizenship.
Our Real Estate Purchase Services Include;
- Discuss Client concerns and issues with Client.
- Draft or review the offer, purchase contract.
- Discuss or negotiate the offer or contract with the Developer or the Developer’s lawyer.
- Prepare up to two sets of revisions or responses to counteroffers, if necessary.
- Review the information provided by the developer (if the property is off-plan).
- Check whether the house is free of charges and/or rented out (if the property is a second-hand home).
- Check whether the Real Estate Tax payments are in good standing.
- Check the local Municipality whether the Developer has all necessary licenses.
- Accompany you to the Title Deed Office in order to sign the purchase and sale deed.
- Change the property title in the Cadastral office.
- Process Client stamp duty tax on your behalf.
Our Turkish Citizenship Application Shall Consist of All Following Matters;
- Prepare residency application documents for Client, his wife and children.
- Prepare citizenship application documents for Client, his wife and children.
- Follow up application until the Turkish passports given.
Below Citizenship Services are Also Included in Our Fees:
- Getting the documents translated and notarized.
- Applying for the Turkish Tax Id Number.
- Assistance for opening a bank account in Turkey.
Property Management Services:
After we completed your property purchase, we can provide below services with an additional fee;
- Registering your property with local Municipality to pay annual Environmental and Garbage Collection Tax.
- Arrange a real estate agent to list your property to lease.
- To sign a lease contract with your tenant.
- To make sure if the tenant is paying rent on time.
- If the tenant is not paying rent on time, we will send him/her a warning letter.
- If it is needed, we can file a law suit to evict the tenant.
- To observe if the tenant is paying monthly dues to the management.
Turkish Citizenship with Real Estate Consists of Three Stages:
- Fulfilling the one of the investment conditions and obtaining receipt of a certificate of conformity
- Obtaining a short-term residence permit
- Applying for Turkish citizenship by investment.
Required documents for these steps are summarized below:
Opening a bank account within Turkey in order to handle bank transfer for the investment type. Required documents are listed below in order to open a bank account in Turkey:
- Document showing a residence address in foreigner’s home country (such as phone, electricity, gas bill)
- Passport
- Turkish tax number (we can obtain tax number for you)
Receipt of conformity certification for the investment type:
- A real estate value assessment report which shows the real value of the real estate shall be required for purchasing a real estate investment.
- Particular purpose report from a certified public accountant (CPA) shall be required for making a fixed capital investment of a minimum $500,000.
Obtaining Short Term Residence Permit for Turkish Citizenship with Real Estate
A foreigner who applies for Turkish citizenship by way of investment should first obtain short term (temporary) residence permit. Normally, in order to make a short-term residence permit application, the foreigner should enter Turkey with a valid visa, or by benefiting from a visa exemption.
Following valid entry to Turkey, foreigners who wish to extend their stay in Turkey, should apply for a “short-term residence permit”. In order to apply for a short term residency permit; foreigner should enter Turkey legally and an online application shall be made where an appointment date for the application shall be reserved from the Directorate of Immigration so that the applicant could be present in Turkey at such reserved application date.
For regular short-term residence permit application process the waiting period for an appointment/interview date at many popular districts (such as Istanbul, Izmir, Ankara) is quite long (2 to 3 months). However, in such citizenship by investment based special short-term applications the waiting period for an appointment date is shorter (within 1 to 10 days after making online application and there is a special office of the Immigration Directorate handling these affairs).
The residence permits granted within the scope of subparagraph (j) the Article 31, can be issued up to five (5) years (but generally applied and granted for 1 year, the term is dependent on the validity term of the passport and the health insurance policy term obtained) and the residence permit cards are mailed to the residence address of the foreigner in Turkey within 2-4 weeks.
Required Documents for Short-Term Residence Permit are:
- Valid visa or non-expired exemption term following entry at the date of application
- Valid Passport (with enough validity for the residence term to be applied for)
- Power of Attorney to our firm to authorize professional assistance for handling procedures
- Four (4) passport type pictures in color
- Private health insurance. We can assist you to obtain a private health insurance policy as well and the costs are between $150.- to $400.- including taxes and expenses depending on your age, health etc.
- Address information: a residence address in Turkey is required during the online application. A hotel address declaration may be enough at initial application however, foreigner may also submit his/her notarized lease agreement (if any) or the address of the real estate purchased for residence purposes. Please also note that workplace addresses cannot be declared as residence addresses.
- Conformity certificate for the investment type
Turkish Citizenship through Investment with Bank Deposit
Our attorneys will help you to open a bank account. We generally open bank accounts with a Power of Attorney (PoA) given to us by our clients. Some of our client give us PoA in their own country either at Turkish Embassy or local notary and aposotille. A PoA can be given in a way called double legalization in some countries like China. In this way a PoA is prepared by a local notary and attested by the Foreign Ministry of that country and after that it is attested by Turkish Embassy.
In order to be eligible for bank deposit option, one must invest at least 500.000 US Dollars or its equivalent foreign currency or equivalent of Turkish Lira and make commitment to hold the amount of deposits for three years at banks operating in Turkey and for whom a certificate of conformity is issued by the Banking Regulation and Supervision Agency.
Our Bank Deposit Services Includes Following Matters;
- Passport translation and notarization
- Obtaining tax id number for client
- Opening bank account
- Arrange bank deposit
- Prepare documents to be signed by the Client.
- Follow up our paperwork with BBDK.
Our Turkish Citizenship Application Shall Consist of All Following Matters;
- Prepare residency application documents for Client, his wife and children.
- Prepare citizenship application documents for Client, his wife and children.
- Follow up application until the Turkish passports given.
Below Citizenship Services are Also Included in Our Fees:
- Getting the documents translated and notarized.
- Applying for the Turkish Tax Id Number.
- Assistance for opening a bank account in Turkey.
Additionally, we have extensive experience on resident permit and immigration & citizenship services for foreign citizens.
Nowadays, there is huge demand for Turkish citizenship via the route of the USD 250,000 property investment law. Our attorneys will help from real estate purchase until you get Turkish citizenship.
Reach us for Turkish Citizenship through Investment
Akkas & Associates is a solution-oriented law firm that empowers clients to meet the diverse and changing demands of today’s citizenship with investment law. Since 1992, our lawyers have been helping clients’ complex legal challenges and maximize opportunities for success. Our law firm is now one of the leading Turkish Citizenship law firms in Istanbul, Turkey. You may reach us for Turkish Citizenship through Investment through our Contact page.