The Most Important Questions About Citizenship

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Acquiring Turkish Citizenship Through Investment » Ongur Partners

First: The Advantages Of Turkish Citizenship:

Timor-Leste Turkish passport holders can obtain a Visa on Arrival to enter Timor-Leste. Uzbekistan Turkish passport holders do not require a visa to enter Uzbekistan. The Iranian citizen who will apply for turkish citizenship must first obtain a short-term residence permit in Turkey in accordance with the first paragraph of Article 31 of the Law No. In general, an Iranian citizen must enter Turkey with a valid visa, e-visa or visa exemption in order to apply for a short-term residence permit in Turkey. Following the foreigner’s legal entry into our country by benefiting from a visa, e-visa or visa exemption, an Iranian citizen who wishes to extend their stay in Turkey should apply for a short-term residence permit online.

turkish citizenship by investment

Most programs in the Caribbean do allow your direct descendants to obtain a passport, but usually only after they pay a hefty fee. If you obtain a passport through naturalization, say, in Chile, or through ancestry, say, in Ireland, then your future kids (and their kids, and kids of their kids…) are entitled to Chilean or Irish passports, as they are your direct descendants. With many Citizenship By Investment programs, passing your citizenship down to a future generation is not easy. On a bright side, five years later, St. Lucian government should pay you the $250,000 bond amount back, so your final cost for the passport will just be the fee of $37,500.

Citizenship By Investment Program Requirements

1 – The passport of the person concerned, provided that it is translated and certified by the concerned authorities. Those who own a company in Turkey and wish to obtain Turkish citizenship can employ at least 50 Turkish workers, and the turkish citizenship by investment number was previously 100 Turkish workers, but it has been reduced according to the new laws. Contact us at and we will get back to you within the same business day. Firas has over 20 years of experience in sales over multiple countries.

TURKISH CITIZENSHIP BY FIXED CAPITOL INVESTMENTDetermined by theTurkey Ministry of Industry and Technologyto have made a min fixed capital investment of US $500,000. By marrying a Turkish citizen or holding a residence permit for 5 years. There is also a fast path to getting a Turkish passport through a government decree. The process of registering an LLC, the most common business form in Turkey, usually takes about 7 days on average. Costs will vary depending on the size of the company are normally around TRY 4,000 (≈ USD 1,000).

Benefits Of The Program

The value of the property recorded in the real estate evaluation report must correspond to the amount recorded in the title deed or the sale contract. Perhaps preparing the required documents to get Turkish citizenship by owning a property is one of the most important supporting elements in accepting your naturalization application. Therefore, in this article, we will discuss the right and the best way of preparing them and the conditions for translating and certifying them. When you fulfil the necessary conditions and with buying a property in Turkey, you can become a Turkish citizen quickly and at the same time, you can keep your citizenship of your own country. The USD 250,000 required for the acquisition shall be issued by the Land Registry as a Turkish Lira-based note. Also, the market value of the property will be determined along with the real estate valuation report.

turkish citizenship by investment

The country is landlocked in a conflict-prone region and lacks the lifestyle appeal of other countries offering similar programs. You will need to invest between $1,000,000 and $2,000,000 in various local enterprises, securities or bonds in the country – or deposit $1,500,000 with the central bank for five years without any interest. However, the passport is subpar, and although it gives you access to 112 countries visa-free, these exclude the Schengen area, the US, Canada, the UK, Japan and China. 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. Upon approval and receipt of the investment, Bulgaria issues the investor permanent residency. Cypriots are EU citizens, and have the right to live, work, and study in any country in the European Union, so the fact that Cyprus is not part of the Schengen Area should not affect your decision to become a citizen there.

To acquire Turkish citizenship, at the time of citizenship application each of your family members is required to hold a valid residence permit. Оnce your residence permit is granted, you can immediately apply for citizenship. No physical presence or interview is required during the application process.

Bulgaria’s passport allows visa-free travel to 150 countries, including Australia, several countries in Southeast Asia, Japan, most of South America and Canada… but not the US. A Cypriot passport grants visa-free access to 152 countries and ranks as number 82 out of 198 passports in our passport ranking. After six months of an obligatory residency period, you could then have obtain the passport. For applicants who chose to buy real estate, this residence could be included in the €2,000,000 overall investment. In their recent so-called “Cyprus Papers”, Al Jazeera alleged that the Cypriot citizenship program was being used by criminals to escape justice in their home countries.

Constant raise of property prices due to the high demand to the Turkish Citizenship Programme as well as to the properties in the most politically stable country of the region. Holders of some nationalities need to submit additional law firm turkey documents when preparing the papers required for getting Turkish citizenship, which we will explain in the following paragraphs. The original passport with a copy, in addition to the presence of the applicant in person.

turkish citizenship by investment

Our professional immigration advisors are in your service in order to offer you the best service for your citizenship and residency procedures in Turkey. Get in touch with our advisors to find property and apply for citizenship in Turkey. Deposit a minimum of $500,000 in a bank account held with a Turkish national bank. The deposit is to be maintained, without withdrawal, for a minimum of 3 years as attested by the Banking Regulation and Supervision Agency.

Overseas Real Estate Investing & Economic Citizenship Paperwork

A wide variety of investment options are available including US $250,000 investment in real estate, US $500,000 cash deposit at a Turkish bank, US $500,000 cash purchase of government bonds, or the creation of 50 jobs in Turkey. We do perform legal services for property purchase and management for foreign clients. Our services include preparation, legal help and representation regarding the sale or purchase of a real estate property in Turkey. Turkish nationals are eligible to apply to relocate to the US through the E2 Investor Visa under treaties in place between the two countries. The E2 visa allows applicants to relocate to the US with their family members. E2 visa has quick processing times of a few months and is a much quicker and easier alternative for investors from backlogged countries facing long waiting periods for US EB-5 green card visas.

The official language in the country is Turkish and the national currency is the Turkish lira. The neighboring countries are Iraq, Iran, Georgia, Syria, Azerbaijan, Greece, and Bulgaria. We are the leading law firm in Turkey on Turkish Citizenship, immigration law and related matters. We have been advising our clients on Turkish Citizenship by investment programme since the regulation was initially released back in 2017. We have a extensive Turkish immigration law experience and we understand our clients’ each specific necessities. We would be more than happy to advise and assist you and your family to obtain TCBI.

The Most Prominent Ways To Get Turkish Citizenship By Investment

Original payment receipts from the buyer’s account, live stamped for validity from the sending bank. Turkey is very central, it’s the perfect location for business, import & export. Turkey also offers a meeting point of 2 continents that makes it rich in culture & diversity. It’s location also has the advantage of being somewhere you can enjoy all 4 seasons!

turkish citizenship by investment

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