TKGM updates Circular 2024/2: valuation reports for citizenship may be issued by SPK-licensed institutions

Summary

The General Directorate of Land Registry and Cadastre (TKGM) updated Circular 2024/2 on 2026-09-28 (Makam Oluru, i.e. official approval): the valuation reports used for investment determinations under the Implementing Regulation of the Turkish Citizenship Law may be issued by valuation institutions licensed by the Capital Markets Board of Türkiye (SPK), registered with the Turkish Valuers Association (TDUB) and connected to TADEBİS, and are no longer limited to a single institution; the owner applies through Web Tapu according to the purpose, and may choose an institution or have one assigned by the system; after payment the report is issued and, once electronically signed, enters TAKBİS. The report is valid for 12 months; TKGM may require it to be amended, reviewed or reassigned. This item is based on the original text of the circular PDF and is not formal legal advice.