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Buying property in Türkiye can serve two goals: residence with a residential property of at least $200,000, and citizenship with an investment of at least $400,000 in property (with a 3-year no-sale commitment). Citizenship covers the spouse and children under 18, and Türkiye allows dual citizenship. In 2026 Iranians are still among the main property buyers in Türkiye.
Citizenship-by-investment options
| Option | Minimum | Condition |
|---|---|---|
| Property | $400,000 | Held 3 years; sale price, valuation and payment must each reach $400,000 |
| Bank deposit | $500,000 | Held 3 years |
| Government bonds or real-estate/venture fund units | $500,000 | Held 3 years |
| Fixed capital investment | $500,000 | Approved by the Ministry of Industry |
| Job creation | 50 jobs | Approved by the Ministry of Labour |
Purchase and citizenship steps
- Get a tax number and choose the property; legal checks on title, debts and building permits
- Official (SPK) valuation and a military-zone check
- Transfer the funds through a Turkish bank and get the currency purchase certificate (cash is not accepted)
- Title transfer at the land registry (Tapu) with the 3-year annotation
- Get the conformity certificate and residence, and file for citizenship; processing usually takes 6 to 12 months
Costs and taxes
- Title deed fee: 4% of the declared value (usually split between buyer and seller)
- Annual property tax: 0.1%, or 0.2% in metropolitan areas
- VAT exemption for non-resident foreigners on the first sale of a new property, if at least half the price is brought in as foreign currency before the invoice; selling within 1 year cancels the exemption.
Prices in 2026
The average price per m² in Istanbul is about TL 63,000 (about $1,300), from about TL 29,000 in Esenyurt to over TL 160,000 in Beşiktaş. Prices rose about 27% over the year.
Key points for Iranians
- Money transfers and account opening for Iranians have become strict; settle a lawful transfer route before signing.
- Never pay a deposit without an official valuation and title check.
- Men under 22 who become citizens may be liable for military service. Details
Frequently asked questions
What is the minimum investment for Turkish citizenship?
$400,000 in property with a 3-year commitment, or $500,000 in deposits, bonds, funds or fixed capital investment.
How long does Turkish citizenship by property take?
Usually 6 to 12 months once the file is complete; Iranian applicants face thorough security and source-of-funds checks.
Does the family also become Turkish?
Yes. The spouse and children under 18 get citizenship in the same file.
Position as of October 2026; valuation and document rules saw minor changes from September 2026. Consult Imperial's lawyers before buying.
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