If you are wondering "how to get turkish citizenship through Investment," we're here to help you through!
Honestly, getting Turkish citizenship comes along with certain perks and advantages. Read of find out more about it.
Let's start with the basics..
Titles
How to apply for Turkish citizenship through Investment?
To apply for turkish citizenship through Investment, a foreign individual must follow these investment guidelines:
- Minimum Investment in Real Estate of minimum USD 250,000,
- Make a deposition in Turkish Bank of a minimum amount of USD 500
- Capital investment or buy government bonds of USD 500,000
- Creating 50 jobs (for a term of 3 years)
The prospective individual must choose any of these investments as mentioned above options to proceed with Turkish citizenship.
Is Turkish citizenship through Investment a good idea?
Undoubtedly Yes! We'll tell you why! Along with the added advantage of applying for Turkish citizenship, there is a lot you can gain by investing in Turkey.
- Owning a property in Turkey allows you to witness the intricate works of architectural geniuses playing with landscape designs, decor, and so much more.
- Tax advantages.
- The freedom of visa-free travel in Turkey along with 110 other countries and territories, including Singapore, Hong Kong, and Brazil.
- Thriving G20 economy.
- EU customs Union Perk- Turkish Citizenship through Investment gives you the benefit from preferential traffic and the free circulation of certain goods Turkey's custom Union along with the European Union's 27 member states
- Real Estate in Turkey is a profitable investment with a 10% more resale value. You can also rent your property receiving rental yields as high as 8% per annum and more.
What are the best places to make investments in Turkey?
If you are looking for posh and premium places to get Turkish Citizenship through Investment, look for areas like
- Beyoglu
- Fatih
- Sultanahmet
- Galata
- Taksim
- Kadikoy and Uskudar and many more..
These places are the center for tourism, nightlife, and shopping and hold the city's heart.
If you are looking for normal to mediocre places to buy property, then look for areas like
- Bakirkoy
- Kucukcekmece
- Beylikduzu, and many more…
Advice to investors before investing in the property in Turkey.
1. Know your budget
Turkey has an array of properties- from enormous villas to affordable single room flats. Before investing in a new property in Turkey, it's advisable to start with a budget in mind- it saves a lot of time and energy.
2. Fulfill your purpose of buying
Some buy properties just to put it on rent and earn rental income while buying properties to settle here permanently. Therefore, it is of utmost importance to know the purpose of your Investment and also to make sure it fulfills it.
3. Suits your lifestyle choices
Different locations have distinct vibes and atmosphere. For example, a youthful man or woman will always prefer a happening location, while older adults will look for quiet and conservative places. So before applying for Turkish citizenship through Investment, choose a destination that suits your lifestyle choices.
4. Adds value to your real estate investment portfolio
Invest in properties that have the potential to give maximum returns with good resale value. Look for places with good liquidity. Remember, investment is a financial commitment; if approached wisely, it can make you tons of money
What are you waiting for?
If you are still wondering whether Turkish citizenship through Investment is a good idea or not, we must tell you that you're on the right path. Turkey offers huge benefits to its investors.
In a nutshell, Turkey is the ultimate place to get citizenship through Investment!
