We understand that for many foreigners, Turkey is becoming an increasingly attractive place to invest in real estate. This country boasts a rich multicultural history, a moderate climate, a stable economy, and a hospitable population. All of these factors make Turkey an attractive place to live, invest, or generate passive income.

One of the most convenient ways for foreigners to become full-fledged Turkish citizens is through real estate acquisition. This process is simplified as there is no need to wait for five years, establish a business, or marry a local resident. Instead, all you need to do is purchase real estate, and we would like to share with you some key rules of this process:

1. Property Cost: To obtain Turkish citizenship through real estate purchase, the total cost must be at least $400,000. This amount can be reached by acquiring one or multiple properties. The crucial factor is that the total cost meets this requirement.
2. Property Suppliers: Real estate for citizenship can be purchased only from individuals with Turkish citizenship or from companies registered in Turkey as legal entities. Keep in mind that property bought from a foreign individual does not grant the right to obtain a Turkish passport.
3. Ownership Period: Property acquired for the purpose of gaining citizenship cannot be sold within the first three years. After this period, you are free to sell the properties if needed.
4. Property Use: You can either live in or rent out the real estate purchased for obtaining citizenship. This provides you with flexibility in utilizing your property.
5. Payment: Payment for real estate is made in Turkish Lira at the exchange rate prevailing at the time of the transaction.

We hope this information is useful to you as potential investors and clients of Riviera Homes. If you have any additional questions or need further information, please do not hesitate to contact our professionals. We are ready to provide you with full support throughout the process of acquiring property in Turkey.