Who can get Turkish citizenship by investment
1-A foreigner who has not been convicted, has not violated Turkish immigration laws and has fulfilled the conditions of the program can obtain Turkish citizenship.
2-Citizens of Armenia, Cuba, Nigeria, North Korearnand Syria cannot participate in the program.
3-Turkish citizenship is granted to the spouse of the investor and children under 18 years of age. Spouses' parents and adult children can get residence permits in Turkey
4-If the adult children and parents of the investor have their own sources of income, they cannot be included in the application. To obtain citizenship, they participate in the program as individual main applicants and fulfill the investment conditions.
How to get a Turkish citizenship by investment
1-You can obtain Turkish citizenship within three to six months. Among foreigners, Turkish citizenship by investment is in demand. This is how up to half of all applicants receive a Turkish passport. Over the past two years, over 35 thousand people have received Turkish passports in this way.
2-1. Purchase of real estate worth $400,000. This is the easiest and most popular investment option when applying. You can buy any property: apartment, house, commercial /industrial premises and land.
3- It is not necessary to buy one object, you can buy several apartments with a total cost of over $400,000.
Procedures and time frame to obtain Turkish citizenship by investment program
The Türkiye Citizenship by Investment Program (previously named the Turkey Citizenship by Investment Program) was launched in January 2017 to attract foreign direct investment to and boost growth in the country’s real estate sector. The program allows applicants to choose from a number of different types of economic contributions to Turkish society, thereby developing the country’s economy. -After applicants have chosen the qualifying investment option, a residence permit application shall be made on the family’s behalf. The main applicant is then required to open a bank account in Türkiye. -Once all application documents have been prepared (including applicable certifications and translations), the investment can be completed and the documents submitted to the government. Once the application has been received by the government, the review process will begin and an interview may be requested. Applications are typically approved within 90 days, following which the citizenship documents are issued. The passport application can then be submitted
1-Being a Turkish citizen brings many benefits both for investors and their families in terms of social life, easy travel and financial opportunities . Turkey guarantees the welfare and future of them with free education services and healthcare provided to its citizens.
2-A Turkish passport allows visa free travel (or visa on arrival) to 105 countries worldwide. Turkey also holds out the possibility of eventual visa free access to the EU. Currently, talks are ongoing, although Turkey has some way to go in order to meet EU conditions.
3-Foreign investors can buy real estate as residential property or as a prospective asset with the possibility of a high return on investment. Foreign investors may also gain rental income from their real estate investments or sell them after a 3-year period of restriction. Turkey has an extensive selection of comfortable residences and luxury seaside villas at appropriate costs for all budgets
4-The program also provides shortcuts for relocation in the UK and the USA under special visa categories suitable for Turkish citizens. Foreign investors may begin the process of becoming British citizens by relocating to the UK as a beneficial extension of the agreements between the two countries. Besides, there is the possibility to live in the USA by having an E-2 investment visa.
Stages of obtaining Turkish citizenship by investment
1-Meeting the requirements of the program: searching and buying real estate you will also need to open a bank account and obtain a taxpayer number.
2-Collecting the necessary documents like :a copy of a passport, confirmation of payment of state fees and photos, you will need : a police clearance certificate; a notarized permit for the processing of the applicant's data by local officials documents confirming the implementation of investments: for example, assessment report, copy of title deed and extract from a bank All foreign documents must be translated into Turkish, notarized and apostilled.
3-Applying for citizenship at the Turkish Registry Office, to the package of documents already collected, the application is considered within three months. During this time, the documents are studied by the Turkish Ministry of the Interior, and the decision to grant citizenship will be signed by the President
4-Obtain a Turkish passport. The applicant comes to Turkey and receives a passport. If this is not possible, the documents can be obtained by a lawyer.