Get Turkish Citizenship
Investment Option #1: Usd 250,000 Minimum Amount: Real Estate
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. One of the biggest advantages is the ability to travel visa-free to over 100 countries. Turkish staying permit For citizens of countries like India, Sri Lanka, Iran, Egypt and many others, this is a game-changer in their business and investment opportunities. Moreover, a Turkish passport allows you to easily apply for an E-2 Investor Visa to the United States.
Whether you choose a foreign residency or a second passport via citizenship by investment, you’re on the right path. And while there’s no residency waiting period, it takes these governments Turkish resident permit a little time to process your application. In other words, don’t expect to receive your second passport within a week. In 2018, Jordan launched its own citizenship by investment program.
Opportunities it offers and with its favorable investment conditions. After the amendment to the naturalization laws in Turkey in 2018, foreigners can obtain Turkish citizenship through several methods, including real estate investment, bank deposit and investment in economic projects. Obtaining Turkish citizenship by buying a property is one of the fastest and least expensive ways. You can obtain a Turkish passport for you and your family members within 3 to 4 months from the date of purchasing a property or several properties worth more than 250 thousand dollars. Real estate investment to obtain Turkish citizenship has many advantages.
Think of citizenship by investment as your shortcut to a second passport. Holders of an ordinary Turkish passport may travel without a visa, or with a visa received upon arrival, to 117 countries, as of 1 January 2019 according to the Visa Restrictions Index. Since not all countries allow dual citizenship, Turks must sometimes give up their Turkish citizenship in order to naturalise as citizens of another country. The investment made and claimed by the foreign national is monitored and confirmed by the relevant government authority. Once the investment is confirmed by the relevant governmental authority, the foreign national is granted Turkish citizenship.
Turk Cıtızen Ltd Company Is A
The acquisition of a Turkish Citizenship usually takes around 3-12 months for both the applicant and family members. Children over the age of 18 cannot be included and must submit their own application. Nowadays, Turkish citizenship is available for anyone who is willing to invest at least USD $250,000 in Turkish real estate or deposit at least USD 500,000 in a Turkish bank.
As the program is still in its early stages, we expect it to be more streamlined in the future. Having said that, the current processing time ranges from 3 to 6 months. Purchase $500,000, or TL equivalent of government bonds, and hold onto for at least 3 years. Upon approval, the Turkish government will now issue your certificate of naturalization, and you may collect your Turkish passport. The Turkish Citizenship by Investment programme does not require any minimum physical stay requirement as a requisite to maintain citizenship.
Turkey offers one of the best “citizenship by investment” programs to provide a safe haven for your family. No matter what your current nationality is, you can become Turkish and enjoy the ability to live, work, and go to school in Turkey. Through this government-approved program, you’ll also receive a Turkish passport to travel the world freely. Yes, while you can apply for citizenship by purchasing a single property worth 250 thousand dollars, you can also buy more than one real estate, provided that the total value is 250 thousand dollars. Yes, Turkish citizenship application and follow-up process is done through lawyers. Before you come to Turkey, you can start this process by giving a power of attorney to a lawyer through the Turkish embassies in your country.
In the event of positive settlement of the application to acquire real estate, the governor’s office shall inform the company/enterprise and the Land Registry Office in writing so that the registration may be fulfilled. Natural persons of foreign origin may not acquire and lease real estate within prohibited military zones or military security zones. However, they may acquire and lease real estate within special security zones upon permission of the governor’s office. Inquiries about properties may be made online at parselsorgu.tkgm.gov.tr, where specific details of the city, district, quarter/village, map section, and plot may be used to look up the property.
Foreigners must buy real estate worth at least USD 250,000 for this purpose. According to the law, you can start residing in Turkey as soon as you get the property deed and apply for your resident permit. You can give the property for rent because getting Turkish citizenship does not require you to stay in Turkey for the process.