Turkish Citizenship by Investment program - A Complete Guide 2022
Life in Turkey is all about having a vibrant living style, surrounding yourself with magnificent scenery, having tasty food, enjoying the seaside, and the company of lovely people. It also has significant geostrategic importance that attracts people and makes them invest in this Eurasian country.
Now the updated citizenship program is no more a struggle. People got to know about this program after the successful residency programs in Greece, Spain, and Portugal. The investments are highly profitable, and it also provides other growth opportunities. The Turkish Citizenship gives access to Asian and European markets investors.
What is the eligibility criteria for getting Turkish citizenship through an investment program?
The eligibility criteria is very straightforward. You only need to fulfill the following requirements:
- You must be 18 years old
- No illegal stay in Turkey
What are the documents required for Turkish citizenship through an investment program?
The basic documents are given below:
- Candidate’s birth certificate
- Applicant’s passport
- Turkish Tax ID Number (required)
- Proof of the investment of USD 400,000 or more through applicant Turkish Bank account
- Spouse’s divorce or death certificate (optional)
- A biometric passport photo of the candidate
- Health insurance card (valid in Turkey)
- Marriage certificate
Ways of Obtaining Turkish Citizenship by Investment Programs
The most common options for acquiring Turkey citizenship by investment are:
- Buy a property worth at least $400,000.
- Purchase government bonds of at least $500,000 worth and keep them for a minimum of five years.
- Develop a corporation with a minimum of 50 employees.
- Make a $500,000 capital investment or deposit a minimum of $500,000 in a Turkish bank and hold it for five years.
Benefits of getting Turkish Citizenship by Investment Program
If you’re looking for citizenship in a country that offers plenty of opportunities, you can’t go wrong with Turkey. In addition to being a beautiful and culturally rich country, Turkey also provides a fast track to citizenship for people who want to invest in the economy. Some of the exciting benefits are listed below.
Let’s Study, Work and Live in Turkey
The Turkish passport offers excellent opportunities and facilities to those who hold it. If you have Turkish citizenship, then you can efficiently study, work, and live in Turkey. You can also rent out your property and make money from it. If you want to move to Turkey with your family, you can do that without worrying about your children’s education. In addition, holders of Turkish passports can enjoy immense benefits and a high standard of living.
E2 Investment Visa in the US
If you’re a citizen of the country that has a Treaty agreement with Turkey for USA E-1 and E-2 Investor Visas, relocating to Turkey is easy. Just apply for an E-2 investor visa, and you’ll be on your way.
No Language or Living Conditions
Another best thing about the program is that there is no fixed period for which you have to stay in Turkey before or after you obtain citizenship. You only need to complete the program and then move to another country, and if you are not acquainted with the local Turkish language, that’s not a problem either. Many bilingual schools in Turkey are English medium.
Quick And Easy Way to Citizenship
Investment is one of the quickest and most straightforward ways to obtain Turkish citizenship. By investing $400,000 in Turkish real estate, you can be eligible to receive your Turkish passport in as little as two months after applying. After that, you will enjoy all the benefits that come with being a citizen of Turkey, including visa-free travel to over 80 countries, access to quality healthcare and education, and the ability to live and work freely in Turkey.
Reunification of the Family
The recent changes in the Turkish economy have led to a newfound interest in the country as a destination for foreign investment. One of the main attractions of this program is that it allows applicants to bring their children, spouses, and dependable parents along with them. Besides providing peace of mind, it will also give you access to healthcare facilities.
Getting Schengen Visa Easily
Turkey citizenship holders have several options when they apply for a Schengen visa. The process is relatively straightforward as long as applicants can provide sufficient documentation. They should have no trouble getting their visa approved. Turkey has bilateral agreements with several countries that allow for visa-free travel. That includes countries in the Schengen area and Japan, South Korea, Hong Kong, Singapore, Mexico, and almost all of Latin America. As a result, Turkish citizens enjoy freedom when traveling.
Steps to apply for Turkish citizenship through an investment program:
- Deciding to invest in a foreign country is a huge decision. You have to consider your financial stability, family, and long-term goals.
- If you’ve decided that investing in Turkey is right for you, the next step is to choose a qualifying investment. Real estate is a popular choice, but there are also options for investing in Turkish government bonds or starting a business in Turkey.
- After you get the certificate of eligibility, you’ll need to open a Turkish bank account and deposit your investment funds. Your advisors and legal representatives can help you with this process.
Investing in Turkey can be a rewarding experience, both financially and personally. With the help of experienced professionals, you can ensure that your investment meets all the requirements and allows you to live the life you want.
Conclusion:
So here is the complete detailed guide for those interested in exploring the possibility of obtaining Turkish Citizenship. Turkey is worth considering If you want a new home or Citizenship. You might find everything you’re looking for for a comfortable and luxurious living. We hope you like it and if you have queries, comment below.
Frequently Asked Questions
1. Is it necessary to go to Turkey to start the Turkish Citizenship procedure?
Many people are interested in obtaining Turkish Citizenship through Investment (TCBI) but are worried that they will have to travel to Turkey to start the process. However, this is no longer the case! The programs and advisors assist with obtaining citizenship without visiting Turkey. You can create a remote bank account in Turkey and finalize the purchases and all other necessary tasks. So if you’re interested in obtaining Turkish citizenship but don’t want to travel to Turkey, we can help you with that!
2. Is Dual Nationality allowed in Turkey?
Yes, it is. If you are an investor, you can maintain your current country’s nationality. However, under Turkish law, only if both countries allow it, then a person will be able to have a second
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Invest USD 250,000, Become a Turkish Citizen
Becoming a Turkish Citizen has never been so easy before. With the Turkish Citizenship By Investment Program, you will be bestowed with Turkish Citizenship when you invest USD 250K in either commercial or residential property anywhere in Turkey. Turkish Citizenship comes with a myriad of benefits like free healthcare facilities and interest-free educational programs.
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