Turkey is a state where the east meets the west; a state with diverse social and religious cultures; a country that has always been the crossroads of civilization. No wonder, Turkish citizenship investment is indeed a smart move!
Let’s dive into an in-depth discussion to know how and why you should consider investing in Turkey for citizenship.
Titles
What are the benefits of Turkish citizenship investment?
Well, there are numerous benefits to Turkish citizenship investment. Here are a few of them:
- Visa-free travel- you are eligible for visa-free or with a visa-on-arrival to over 110 countries and territories in the world. Application for the E-2 investor visa for the United States.
- Tax relief
- Minimal residency opportunity- there is no physical residency requirement.
- Dual citizenship permission- you can enjoy dual citizenship without renouncing your current citizenship.
Along with these benefits, there are a few more to add onto the list as well,
- High quality of life.
- Top-notch medical facility.
- Advanced and free educational opportunities.
- A safe environment to live.
- Being exempted from military service by applying for TCBI.
- The opportunity to enjoy Turkish cuisine- one of the world’s unique cuisine.
Do I need to say more?
What are the Turkish citizenship Investment options?
Turkey law allows 3 investment options to its foreign investors:
- The interested party must invest in property starting at $250,000 and can sell it anytime within a period of 3 years. (This won’t affect their citizenship)
- The interested party must establish their own company and create jobs for a minimum of 50 people (for the term of three years)
- The interested party must make a capital investment in a company? (One who is authorized by the Ministry of Industry and Technology)
- Open a bank account in any Turkish Bank with a minimum deposit if $500,000 (for the term of 3 years,
- Or purchase corporate bonds with dividend payouts (the investment term should be for a period of minimum of 3 years)
What is the timeline of obtaining Turkish citizenship investment?
Turkish government gives a lot of advantages and priority to foreign citizenship investment. Clients are granted Turkish citizenship really fast! Just within `a period of
60 days, foreigners are granted Turkish citizenship. But before applying for a Turkish passport, one must open a Turkish bank account and invest in funds.
How to start the process of preparation for the Turkish Passport
To apply for a Turkey passport, these are the steps one must follow:
- The concerned Foreign citizen must contact an investment immigration specialist who can suggest the best investment options based on the needs and requirements, need, and capacity of the individual.
- The concerned foreign citizen must collect all the necessary documents.
- To apply for Turkish citizenship investment, the concerned foreign citizen must have a residence permit and also submit a passport application.
What are the necessary documents required to submit an application?
- Valid Passport. The Passport must be authenticated and translated into the Turkish Language.
- Birth certificate
- 4 Passport photos for each individual
- Marriage Certificate (in case you’re immigrating with your better-half)
- Childbirth certificate (if you’re immigrating with your children)
- A copy of Turkish ID
- Documents proving your investment
- The receipt of payment.
- A valid tourist visa or Turkish residence permit.
Bottom Line
Turkish citizenship investment is one of the fastest and safest ways to get access and become a part of this beautiful country. The unique culture, breathtaking view, soothing atmosphere, and several investment benefits-Turkey is heaven to invest in!
