5 Different Ways To Get Turkish Citizenship By Investment In 2021



Goturkish Citizenship

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As the ProTurk Property family, we will accompany you every step of the way and provide ex-tensive assistance, no matter which option you prefer to acquire Turkish citizenship. This article should not be construed as legal, tax or investment advice. Flag Theory has access to a global network of qualified attorneys and accountants who can give you the proper advice for your particular circumstances. The set-up process will not be complicated, and lasts an average of 7 days.

turkish citizenship by investment

You can purchase more than one real estate with a total value of at least $250,000 within your investment processes. However, it is important to be synchronous for the validity of your application. Similarly, the value submitted to the Directorate of Land Registry and Cadastre must exceed $250,000 in order for the application to be valid.

Have Turkish Citizenship By Investment

Deposited at least US $500,000 or equivalent foreign currency or Turkish lira in banks operating in Turkey with the condition not to withdraw the same for at least three years, as attested by the Banking Regulation and Supervision Agency. Investors have also an option to set up a business and create jobs for at least 50 Turkish citizens Option to set up a business and create jobs for at least 50 Turkish employees, approved by the Ministry of Labor and Social Security. Before September 2018, the minimum requirement for creating the jobs in this option was 100 Turkish employees. We are an international brokerage and consultancy firm that provides end-to-end value-added services to its clients with a team of experts with local experience and global vision, in the real estate sector. Moreover, we offer these services free of charge for a certain period of time according to your investment amount. Every 2 months, our experts from around the world put together an Update on immigration & global mobility, setting out recent changes to the law.

turkish citizenship by investment

Foreigners are required to deposit a minimum of 500,000 USD or equivalent foreign currency or equivalent TL deposit or participation fund to any bank operating in Turkey, with the condition of keeping it for 3 years. It is sufficient for this amount to be freely convertible (such Turkish work permit as convertible currencies, precious metals, etc. specified by the Central Bank of the Republic of Turkey) and its equivalent of 500,000 USD. All applications are evaluated by the General Directorate of International Labor of the Ministry of Family, Labor and Social Services.

Requirements For Acquiring Turkish Citizenship

St. Kitts and Nevis has a rush program you can pay extra for that is supposed to take 60 days, but it doesn’t really work that way. Generally, people who have an extensive history of civil lawsuits will not be admitted. In both Antigua and St. Lucia, rather than start a business, you can invest law firm in a local company and qualify. In Antigua, you’ll need to invest $400,000 plus fees (vs. the flat $100,000 donation) and in St. Lucia you’ll need to invest a whopping $3.5 million into a local enterprise project. In St. Lucia, nobody cares that you have a genuine connection to the country.

  • Set up a Turkish company which creates at least 50 jobs for Turkish citizens.
  • The power of Turkish passport lets you visa free travel to the most important points in the Arabian Peninsula, the middle and far Asia such as Kuwait, Singapore, Qatar, Japan and South Korea.
  • Full Turkish citizenship and the Turkish passport are issued to the applicant and his/her family.
  • However, if neither option works for you, then citizenship by investment could be a solution for you.

Several locations of cultural significance have been designated UNESCO World Heritage sites, including historic areas around Istanbul and the old Hittite capital of Hattusha. Main applicants must be over the age of 18, possess sufficient funds to make an investment, and must be of good moral character. Main applicants may also include a number of dependants in an application.

Passports and IDs can be delivered to any Turkish consulate or embassy around the world. By depositing at least USD 500,000 or equivalent foreign currency or Turkish Lira in Banks operating in Turkey for 3 years. Real estate that meets the requirements for obtaining citizenship cannot be purchased by any party, even the wife and children. Palestinians in particular have found the Turkish citizenship programme, with its accessible investment requirement of US$ 250,000, work permit turkey a favourable route to obtain a passport, facilitating their travel and emigration. The fall in value of the Turkish Lira vis-à-vis the US$ due to a struggling Turkish economy, has drawn in foreign investors from both the Middle East and Far East seeking ‘great value for money’ investments. Turkey has issued almost 3,000 citizenships to primary foreign investors and has swiftly positioned itself as one of the fastest-growing citizenship programmes in the world.

The appointment is scheduled approximately for 15 days from the date of request. Similar to the application for residence permit, the filing of citizenship application can be made by a lawyer or an authorised representative without the presence of the investor. At this stage, the competent real estate advisor and the legal team will provide lists of documents to be extracted in order to process applications for obtaining Turkish citizenship for all family members who are eligible. The steps and stages of obtaining Turkish citizenship in return for a real estate investment are simple and uncomplicated. We start working from the moment you contact us to search for suitable opportunities for you and help you in obtaining the necessary documents and then submitting applications and following them up until you become a Turkish citizen.

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Turkey also offers an e-Visa option to more than 40 countries which makes the application process easy and fast. As a leading consulting company in Turkey, advising on global and Turkish citizenship, we are pleased to say we have been assisting our clients to obtain their Turkish citizenship by investment in 2-6 months. We can assure our clients that they will receive hassle-free service, by most experienced immigration lawyers and by most competitive price without their presence in Turkey.

turkish citizenship by investment

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