Looking for an opportunity to get a foreign passport fast and easy? Citizenship by investment in Turkey will give it to you. The real estate choice is overwhelming, and this is the only disadvantage of the program. The International Wealth partners in Turkey are ready to make your life easier by offering a worthy development project for you to consider. You are welcome to take a look at the Piyalepaşa Istanbul apartment complex in Istanbul, Turkey. The city is extremely popular with both expats and tourists. Keep on reading and stay tuned for more. Your customized consultation with the International Wealth experts will come handy as well.
Foreign real estate investors ready to exchange their old citizenship for new ID documents offered by a number of states will get a chance to become holders of invaluable foreign passports. Not only will the visa-free destination list available to them become longer, but they will also enjoy extra employment opportunities and special tax preferences in certain countries.
The most popular ways to become a dual citizen are by origin, by marriage and by birth. High net worth individuals may get a second passport almost immediately if they purchase real estate abroad.
Based on a thorough analysis, the International Wealth team may say that citizenship by investment in Turkey will give you the maximum safety and flexibility combined with the minimum investment profitable in the long run.
Local authorities do not limit the choice of properties available for sale in Turkey. The main thing is, your future asset shall cost at least USD 400,000. With the wealth of stellar options, real estate pros recommend you opt for Istanbul properties. Are you of the same opinion? International Wealth suggests you take a look at the high-end Piyalepaşa Istanbul development project in Turkey.
Piyalepaşa Istanbul apartment complex in detail
The Piyalepaşa Istanbul real estate is a part of the prestigious Beyoğlu district in the European part of Istanbul. The apartment complex in question sits 5 mins away from the Taksim square. This is a vibrant district known for its nightclubs, restaurants overlooking the Bosporus, cinemas, coffee houses, and world-famous boutiques. It takes 10 mins to get to the popular commercial and cultural Istanbul district of Beşiktaş from the Piyalepaşa Istanbul real estate project.
The Piyalepaşa Istanbul complex will house apartment high-risers, shops, offices, and a hotel. The real estate of 82,000 square meters boasts wide streets, featuring the prestigious main avenue of Beyoğlu.
Here are the amenities you will enjoy in the Piyalepaşa Istanbul apartment complex:
- 7 office buildings
- hundreds of shops, boutiques, and other commercial properties in the project’s shopping mall
- 1 hotel
- around 1,000 apartments boasting various layouts (you may purchase 1+1, 2+1, 3+1, 4+1 studios and residences in any of the project’s 9 residential high-risers, with commercial premises taking 2 floors
- car parks
- 24/7 security
- swimming pool
- workout facility and a sports club
- game room
- sports grounds
- coffee shops and restaurants.
With their beautiful facades, wide cornices, bay windows, and comfortable courtyards, the buildings in the Piyalepaşa Istanbul real estate project will be a joy to the heart of their future residents and guests. The complex’s development footprint is 48% occupied by greenery. Although the Piyalepaşa Istanbul property sits right in the city center, it is as close to nature as possible.
The Piyalepaşa Istanbul real estate project is promoted as a new Istanbul gravity center and a new favorite of those investors looking to get a second passport and citizenship by investment in Turkey for a number of reasons. Its main appeal lies in the combination of compactness, self-sustainability, and versatility.
The Piyalepaşa Istanbul apartment complex will cater to your every need, be it relaxation, shopping, watching movies in a cinema, visiting an art gallery, or dining out at a premium restaurant. You will be able to do all this and even more without travelling long distances.
If you wish to plunge into a fashion world, enjoy a visit to the cinema, or taste delicious foods, you are welcome to visit any outdoor and indoor commercial or entertainment facilities in the new Piyalepaşa Istanbul real estate project. It may be a good enough reason to purchase Istanbul real estate and get citizenship by investment in Turkey.
Investors are not limited to the new apartment complex alone. If you wish to study Istanbul, its main attractions are here waiting for you. The city offers a lush and vibrant social life to its dwellers. With its Seljuk and Ottoman architectural legacy, Istanbul manages to maintain integrity, combining the East and the West, as well as Europe and Asia in one city.
In terms of transport infrastructure, the Piyalepaşa Istanbul properties boast a favorable location. The complex uses exits to the D-100 highway transport junction and the ring road, the Dolmabahçe and the Kâğıthane tunnels, as well as multiple administrative buildings and hospitals. The Beyoğlu district residents may get to their destinations in the Downtown Istanbul, with İstiklal Caddesi, Karaköy, Kabataş, and Nişantaşı among them, in a matter of minutes.
History and brand
The Piyalepaşa Istanbul development project is implemented as an urban transformation initiative. It is a major reconstruction project in the Turkish history carried out by private companies.
Investors wishing to purchase Istanbul real estate and get citizenship by investment in Turkey should keep in mind that this Istanbul district has for years been among the most significant Ottoman architecture samples. It borrows its name from the Admiral Piali Pasha mosque situated here.
The quarter started to change rapidly after Turkey was declared a republic, and lost its original identity in the second half of the 20th century. The district boasting rich history in the city center was unjustly forgotten. Its former glory is currently waiting to be restored.
The Piyalepaşa Istanbul development project will make it possible to mold the Piyalepaşa cultural heritage into the modern city image and turn it into an integral part thereof. The residential complex stands out for its resident-customized design accounting for environmental protection, respect for the history, and general urban development concept.
The Polat company in charge of the project is committed to raising both cultural and investment value of the development footprint. It focuses on social benefits granted by all projects it delivered within 50 years.
Shopping and entertainment
Real estate investors purchasing the Piyalepaşa Istanbul properties in order to get citizenship by investment in Turkey should pay close attention to the way the project’s designers and developers treat the shopping and entertainment street concept.
The recent pandemic made city inhabitants leave confined spaces to savor their time outdoors before visiting an indoor shopping center.
Having studied both regional and global shopping trends, the Piyalepaşa Istanbul authors focused on creating the corresponding outdoor commercial infrastructure in the neighborhood.
Both guests and local residents will enjoy an opportunity to savor their time outdoors without leaving the lively Piyalepaşa Istanbul apartment complex. With everything close at hand, they don’t have to go elsewhere in the city to look for the shops or recreational facilities they need.
Walking along the shopping street with its outdoor public space of 31,000 square meters, Istanbul real estate investors who already got their citizenship by investment status in Turkey and other inhabitants will be able to enjoy their time and relax in the lively and colorful district environment. Here’s what the neighborhood’s guests and local residents will have access to:
- over 120 shops, selling various popular local and international brand goods
- various public catering establishments, with food and drinks to suit any taste
- art center for multiple exhibitions
- parking lot with 3900 car spaces.
Piyalepaşa Istanbul apartments and prices for property buyers wishing to get citizenship by investment in Turkey
The architects designing the Piyalepaşa Istanbul complex strived to create living spaces for modern people to live comfortably and enjoy their solitude and privacy at the same time.
The apartments boast practical and stylish designs. They enjoy both modern decor and classic finish. Extra options are offered to the investors favoring glamorous, eye-catching interior designs and solutions.
Potential buyers willing to purchase properties in the new Istanbul residential complex to obtain citizenship by investment in Turkey should keep in mind that the ceiling height here ranges from 2.9 to 3.1 meters, with apartment areas of 55 to 240 square meters. Heated floors, huge windows, and specially designed ceramics create a pleasant atmosphere.
Specially designed kitchens glow with simple and refined elegance. They are in harmony with the rest of the interior. Practical in everyday use, these kitchens improve the residents’ comfort in the modern Piyalepaşa Istanbul apartment complex.
Bathrooms are larger compared to standard options. With high quality finishing materials used to decorate them, the bathrooms boast elegant interiors. Apartment owners will enjoy separate pantries and an enclosed private parking.
Some apartments have French balconies, providing for the maximum daylight. Opening floor-to-ceiling windows make use of aluminum frames.
With their high ceilings and spacious living rooms, the Piyalepaşa Istanbul residences boast living spaces to suit every taste. International real estate investors from every corner of the world, ready to purchase properties in the complex and get citizenship by investment in Turkey, will be happy to design their apartment interiors all by themselves.
Apartment owners in modern residential complex high-risers enjoy a number of special services providing for a more comfortable and practical everyday life. They will be happy to use special areas to hold various events. Here are the benefits offered to apartment owners:
- direct access to the sports center;
- 24/7 concierge service
- on-demand cleaning service
- ironing and tailoring services and many more
- meeting rooms
- karaoke rooms.
International Wealth partners in Turkey offer our readers an opportunity to purchase the following residences in the Piyalepaşa Istanbul apartment complex to get a second passport and citizenship by investment in Turkey.
|Apartment type||Minimum area, square meters||Maximum area, square meters||Minimum price*||Maximum price*|
|2+1 (2 bedrooms, 1 living room)||103.44||165.32||TRY 3,063,060||TRY 4,954,000|
|3+1 (3 bedrooms, 1 living room)||145||179.11||TRY 4,134,690||TRY 5,647,320|
|4+1 (4 bedrooms, 1 living room)||220||240.58||TRY 5,974,920||TRY 7,438,620|
* When you pay for your Istanbul properties in any currency other than TRY, the conversion rate as of the transaction date shall be used
Expert support with purchasing Piyalepaşa Istanbul properties and getting citizenship by investment in Turkey for potential applicants
Wondering how the International Wealth team may help you with getting your citizenship by investment in Turkey? Our experts and partners are ready to support the International Wealth customers every step of the way. We will assist you with asset purchasing, ownership registration, getting your residence permit in Turkey (which is an obligatory interim stage), and finally obtaining citizenship by investment in Turkey.
|Asset purchase / title transfer||— A real estate valuation report is prepared to confirm the asset’s market value. The document is issued with the assistance of an independent licensed valuer. It is used as the basis for sale and purchase transaction registration in the land registry. The corresponding administrative fees in case of a title transfer are also calculated based on the price stated in the document. — The investor and the seller make a notarized real estate sale and purchase agreement. A note is added to the minutes saying that the new owner is not authorized to sell their asset within 3 years. The parties pay notary costs. — A mandatory earthquake insurance policy is issued for the property in question. — A notarized power of attorney is given by the investor / the spouse (necessary to get citizenship by investment in Turkey) when making the sale and purchase agreement. Local experts submit a citizenship by investment request to the General Directorate of Land Registry and Cadastre, accompanied by the said PoA. Note: in case of payment by installments, the citizenship by investment application shall be submitted after the last payment has been made. — The General Directorate of Land Registry and Cadastre issues a certificate of conformance to confirm the asset in question meets the Turkish Citizenship by Investment Program requirements.|
|Procedure for obtaining residence permit||— Applicants shall already have their residence permit when applying for citizenship by investment in Turkey. While administrative procedures are in process, residence permit holders may live abroad for as long as they wish. An agent will act for the investor under the corresponding power of attorney. — The residence permit application shall be filled in by a competent industry expert. — A private medical insurance policy is issued. — The necessary administrative fees are paid. — Analogous procedures are performed for the investor’s spouse and children under 18. The residence permit shall be issued within 7 days since the application submission date.|
|Application submission procedure when applying for citizenship by investment in Turkey||Application for citizenship by investment in Turkey shall be submitted after the applicant has received their residence permit. — The application shall be filled in by a competent industry expert. — The necessary administrative fees are paid. — Analogous procedures are performed for the investor’s spouse and children under 18. Citizenship by investment application submission and processing takes almost 2 months.|
Are you going to invest in a second passport and citizenship by investment in Turkey? You are welcome to get more information at your customized consultation with the International Wealth experts. Go ahead and book it to secure a bright future for yourself and your loved ones.
What stages does the procedure for getting citizenship by investment in Turkey consist of?
To begin with, you shall get your tax identification number from a tax inspection in Turkey to be able to open a bank account for your sale and purchase transaction and get the documents confirming your real estate title. Secondly, you should choose the asset you would like to buy. The asset in question shall be at least USD 400,000 (you may purchase several properties). Thirdly, the investor and the seller shall make a notarized property sale and purchase agreement. The investor shall oblige not to sell the asset within 3 years. Fourthly, a residence permit shall be issued. Fifthly, a citizenship by investment application shall be submitted.
What documents are necessary to receive citizenship by investment in Turkey?
The investor’s identity document issued in their home country (a passport, an ID-card, etc.), a notarized passport translation, a passport photo, the investor’s birth certificate, documents approved for submission by the Turkish consulate in the corresponding country that confirm the investor’s family ties with their wife / husband (if they are married) and children under the age of 18 (if any) – a marriage certificate or children’s birth certificates will do. Documents, confirming the purchase of Turkish real estate properties worth USD 400,000 and above.
What benefits do Turkish citizens enjoy?
New economic citizens enjoy the same rights and opportunities as native Turks do. The investor’s wife or husband as well as their children under 18 shall have the right to apply for citizenship in Turkey together with the investor themselves. You don’t need to mention your assets or income in any other countries when applying for citizenship by investment in Turkey, but you will have to prove the funds you invest in citizenship are of legal origin, and you have a clear criminal record. It is not necessary to live in Turkey to be able to apply for citizenship in the country. Successful applicants may live abroad. A Turkish passport will grant you simplified visa-free access to almost 100 countries.