How To Get Turkish Citizenship By Investment 2021

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Nova Turkish Citizenship

Invest 250,000 Usd To Obtain Turkey Pasport

You can apply for citizenship under certain conditions with the real estate that has not been completed yet or has been purchased in installments. Trem Global will share information about other requirements and conditions at your request. Turkish citizenship application results are determined within 3-4 months after the title deed transfer if the documents are complete. 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.

turkish citizenship by investment

Some countries like to complicate things and will require applicants to make several types of investments to qualify for citizenship. And even if it is yours, you’ll end up paying a partial donation anyway thanks to government fees. If you can travel to Russia with your new passport and expand your business there, consider that $100,000 as an investment in your business. Your donation goes toward the local people in the country to meet different objectives. For example, St. Kitts and Nevis had a thriving sugar industry… until it didn’t.

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Citizenship of Turkey is granted after 3-6 months following the applicant’s investment. Once can invest not only in residential properties but also in different types of real estate such as offices or stores in order to become a Turkish citizen. Real estate investment is the most cost-effective and future oriented solution, but for some investors the purchase of a property located in another country is too much of a burden involving maintenance, property taxes, management, etc. Investors in Turkish citizenship have the same rights as Turkish nationals, enjoy healthy returns on their property investments, have access to state-of-the-art healthcare and education and benefit from high standards of living. You cannot exceed the total 30 hectares of your real estate purchase in any different city of Turkey as the purchase cannot be obtained more than 10% ownership of the face measure of the foreign private property worldwide. Turkish Government is eager to reduce time, therefore after your purchase application is filed it only takes 3 to 6 months to get your citizenship.

turkish citizenship by investment

Although you don’t have to be residing in the Republic of Turkey to get a Turkish passport, you are required to demand a residence permit, which the results are given the same day of application. A holder of one of these passports may travel visa free to about 135 countries, including all European Union countries, the UK, Russia, Turkey, Singapore and Hong Kong. Holding a citizenship from one of these respected countries may also make it easier to obtain residency status or study in other countries, and allows political security and makes it easier to open bank accounts in foreign jurisdictions. The idea of buying a citizenship started when a small tiny island of St Kitts and Nevis introduced “oldest” economic citizenship program in 1984.

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While you can eventually get a second passport out of the deal, it will take at least five years of residence and you must learn some Portuguese and pass through the naturalization process to finally get your citizenship. Greece offers the cheapest EU Golden Visa, requiring a $250,000 investment to obtain a residence permit. If you can only get a passportif they like you and you’re from a good country, that’s not citizenship by investment. You may be able to buy real estate in Cambodia or donate €3 million to Austria and get a second passport out of the deal, but these programs are highly subject to political whims and are not available to every willing applicant. There are many programs that look like citizenship by investment because they involve an investment of sorts and you get citizenship in return, but they are typically not structured or commoditized and they usually aren’t fast either.

turkish citizenship by investment

There are other methods which lead to the acquisition of Turkish citizenship but these two are the most popular with investors. Turk Citizen Ltd. company is one of the leading construction and agent firm of Turkey. According to Turkish Trade law our agents also has latest education and licensed from goverment.

2022 Turkish Citizenship By Investment

Also, its period does not exceed 3 months from the date of applying. Turkey has slashed the financial and investment criteria for foreigners to become Turkish citizens. According to new regulations, foreigners can become Turkish citizens, if they own property worth 250,000 US Dollars for three years.

turkish citizenship by investment

So if you’ve always wanted to live in Istanbul, now could be your chance to purchase a condo and get a passport in the process. The Turkish Citizenship By Investment Program was introduced in 2017. In return for a $1,000,000 investment into any local real estate, you could get a Turkish passport. An Austrian passport grants visa-free travel to 177 countries, ranking at number 17 out of 198 passports in our passport ranking. For now, the passport gives you access to 111 visa-free countries, including the European Union . The hold period ended in early 2020, but the government of Montenegro confirmed that the program will be shut down at the end of 2021.

Obtaining Turkish Citizenship

In recent years, Turkey has assisted Peshmerga forces in northern Iraq and the Somali Armed Forces with security and training. Turkish Armed Forces have overseas military bases in Albania, turkish citizenship by investment Iraq, Qatar, and Somalia. The Baku–Tbilisi–Ceyhan pipeline forms part of Turkey’s foreign policy strategy to become an energy conduit from the Caspian Sea basin to Europe.

turkish citizenship by investment

The documents required, and types of application will vary depending on your circumstances. We provide legal support with our company lawyers who have experience in citizenship by investment program. If you’re not very comfortable in capital or turkish citizenship real estate investments, this can be one of the simplest ways to apply for Turkish citizenship via investment. As an entrepreneur, all you need to do is create employment for at least 50 individuals, which means opening a business in Turkey.

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