1.The Appraisal Trap:
Many Iraqis lose their right to citizenship because the "Appraisal Value" is lower than the price paid. Always verify the valuation report before the transfer.
2. Formal Bank Transfers:
To qualify for residency or citizenship, the money must flow from the buyer's personal account to the seller's account with the code "Payment for Property." Cash or exchange shop receipts are legally void in these cases.
3. The Inheritance Law:
Foreigners' property in Turkey is subject to Turkish law. It's crucial for Iraqis to draft a "Turkish Will" to ensure smooth transfer to heirs without legal battles.
Critical Investor Tip
Your legal safety is our priority. Let Best Dar's legal team review your contract.
