Turkish VIP Real Estate Lawyer - All legal steps for investment in turkey

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Turkish Real Estate Lawyer VIP! izmir estate is the leading Turkish real estate and immigration Firm with a long record of excellence and professional leadership in İzmir, Turkey. Our Turkish real estate lawyers are prepared to handle your real estate law & leasing needs in Turkey. İzmir Estate is a progressive, full-service Turkish consulting real estate law firm comprised of talented and effective attorneys who are dedicated to serving their client’s legal needs in İzmir, Turkey. Based in İzmir’s new financial district, İzmir Estate is able to protect its clients’ rights throughout Turkey.

Turkish Real Estate Lawyers

Our Turkish real estate lawyers aggressively represent individuals, family-owned businesses, and corporations in all aspects of real estate law, including acquisition, developing, leasing, financing and selling real estate in Turkey. izmir estate attorneys have represented buyers, sellers and landlords. We have also represented numerous developers on a wide range of development projects, including cluster homes, residential subdivisions, industrial facilities and parks, office buildings, shopping facilities, hotels.

izmir estate Turkish real estate lawyers advise clients on all aspects of their projects, including the determination of the development vehicle to use, the initial assembly of the property, obtaining local municipality approvals for permits and zoning, construction of the project, and ultimate sale  of the development. Throughout each of these stages, izmir estate company attorneys assist clients in obtaining and analyzing environmental site assessments and in working with consultants and governmental authorities in related environmental matters. We also assist in workouts on behalf of owners.

The firm has attorneys in its Real Estate section who have significant experience in negotiating and drafting construction and land acquisition contracts, as well as handling land use and zoning matters, and right of way and other property acquisitions in Turkey.

Real Estate Purchase by Companies

Trading companies are allowed to purchase real estate in Turkey within the limits of special statutes. The restrictions for foreign natural persons also apply to foreign trading companies. Associations, foundations, cooperatives and funds are not permitted to purchase real estate.

Military Areas

According to Turkish Law No. 2565, Article 9 (b) property which is located in a military area or a security zone may not be purchased by foreigners. The registry of deeds proves whether the real estate is located in such an area. This may cause significant delays because no registration in the cadastre may be done while the proving procedure is going on.

Turkish Citizenship with Real Estate

We do perform Turkish citizenship services with investment options, however Turkish Citizenship Laws becoming more complex each and every day. We have extensive experience in immigration law in Turkey and we have obtained more than 400 passports. We have successfully represented clients from Iran, Sweden, Switzerland, Russia, Ukraine, Portugal, Azerbaijan, UK, Jordan, Lebanon, Morocco, Egypt, Tunis, Hong Kong, USA and we know how to get required paperwork done in each country.

We 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 citizenship file for the main applicant and his/her spouse and kids. An English-speaking attorney will help the client to get finger printing and apply for Turkish ID card and passport. Turkish passport and ID card will be mailed to our office address.

Real Estate Purchase Services

  • 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.
  • Getting the documents translated and notarized.
  • Applying for the Turkish Tax Id Number.
  • Assistance for opening a bank account in Turkey.

Reach us for Turkish Real Estate Lawyers

Since its foundation, İzmir Estate has been the choice of numerous clients in Turkey. We’ve always worked differently than other law firms. We are committed to remaining forward-thinking and preparing for the dynamically changing world of real estate law. You may reach our law firm for Turkish real estate lawyers by sending an email through Contact page.

Download Acquisition of Turkish Citizenship by Investment last changes june 2022 PDF

Immigration Lawyers in Turkey

We work diligently to ensure that our clients maintain a solid understanding of the immigration laws that directly impact their organizations. We help our clients customize their immigration processes into meaningful methods for attracting global talent. Our combined client response practices and technology produce case feedback which is both timely and continuing.

Our ability to provide a broad array of immigration-related legal services such as audits, compliance, tax, business formation, employment law, and “white-collar/government-enforcement” defense services has proven valuable to clients of all sizes. Our foreign language capabilities and experience living and working abroad allow us to comfortably serve our clients in any corner of the world.

Services for Immigration Law in Turkey

We have the ability to tackle the full spectrum of immigration matters, including:

  • Work and resident permit applications
  • Extending resident and work permit
  • Application for Turkish citizenship
  • Develop Client Immigration Compliance Programs
  • Counsel Clients on Immigration Issues Resulting from Mergers and Other Business Transactions
  • Defend Against Claims of Unlawful Immigration Practices
  • Conduct Immigration Due Diligence In Connection with Business Transactions
  • Conduct Audits of Client Immigration Documentation
  • Prepare Immigration Documentation
  • Represent Clients in Naturalization Cases

Turkish Citizenship Law

Turkish Citizenship Law’s Article 12 allows foreign investors to acquire Turkish citizenship in exceptional terms; with 18.09.2018 dated 106 numbered Presidential Decree, amendatory new arrangements have been made regarding the amounts mentioned in the Article 20 of the Regulation on the Implementation of the afore mentioned Law.

In line with the decision taken at the Presidential Cabinet meeting on April 12, 2022, the minimum real estate purchase value for Turkish citizenship applications is increased from $250,000 to $400,000. 

In the regulations made in 2018, the minimum real estate purchase limit had been reduced to $250,000 instead of $1.000.000 for obtaining Turkish citizenship through property investment.

The new conditions for obtaining Turkish Citizenship were discussed at the Cabinet Meeting on April 12, 2022. The minimum real estate value is increased to $400,000 or an equal amount of foreign currency in the meeting.

Foreigners can become Turkish Citizen if they purchase a property at least 400.000 USD. There is also a condition to submitting an annotation stating that the purchased property cannot be transferred to another person for 3 years.

turkey-citizenship

Within this scope, the foreign investors;

  • Who make fixed capital investment at least 500.000 US Dollars or equivalent foreign currency or equivalent of Turkish Lira and for whom certificate of conformity is issued by the Ministry of Industry and Technology,
  • Who purchase the immovable property at least 400.000 US Dollars equivalent foreign currency or equivalent of Turkish Lira and attached annotation at land registration not to sell this property for three years and for whom a certificate of conformity is issued by the Ministry of Environment and Urbanization,
  • Who employ at least 50 employees and for whom a certificate of conformity is issued by the Ministry of Family, Labor and Social Services,
  • Who 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,
  • Who purchase public barrowing instruments at least 500.000 Us Dollars equivalent foreign currency or equivalent of Turkish Lira and make commitment to hold these instruments for three years for three years and for whom certificate of conformity is issued by the Ministry of Treasury and Finance,
  • Who purchase a real estate investment fund participation share or venture capital investment fund participation amount of at least 500.000 US Dollars or equivalent foreign currency or equivalent of Turkish Lira and make commitment to hold these participation shares for three years and for whom a certificate of conformity is issued by the Capital Market Board.

Download Acquisition of Turkish Citizenship by Investment last changes june 2022 PDF

Turkish Citizenship with Property Purchase

Our Immigration Lawyers in Turkey are ready o apply Turkish citizenship with 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.

Turkish-Citizenship

izmir property suitable for 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.

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Turkish Citizenship with Bank Deposit

Our Immigration Lawyers in Turkey are ready o apply Turkish citizenship with 500,000 Dollars 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 apsotille. 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.

turkey-passport

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 400,000 property investment law. Our Immigration Lawyers in Turkey will help you from buying real estate until you get Turkish citizenship.

Feel Free To Contact our consultant

Download Acquisition of Turkish Citizenship by Investment last changes june 2022 PDF

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