If you're searching to know about Turkish Citizenship in 2020, we'll help you with the information!
We have made an in-depth analysis of all the requirements and advantages of becoming a Turkish citizen by investment.
Titles
How to get Turkish Citizenship by investment in 2020?
In order to get Turkey Citizenship by Investment in 2020, foreign investors must abide by these Turkish Citizenship Law that states:
- The foreign citizen must make a minimum Investment in Real Estate worth USD 250,000, or more
- The Foreign citizen must deposit USD 500,000 in any Turkish Bank
- The foreign citizen must make a capital investment or buy government bonds of USD 500,000
Any foreign personnel who abide by these rules have the freedom to acquire Turkish Citizenship without any hassle.
How long does it take to grant Turkish Citizenship by investment in 2020?
Once you follow the criteria mentioned above and submit your application requesting the grant of Turkish Citizenship, it usually takes 3-6 months to process through the application.
What are the legal restrictions for foreigners to make an investment in properties in Turkey?
Here we've some of the legal restrictions for foreigners to get Turkish Citizenship by investment in 2020:
· Foreigners are restricted from buying properties of a maximum of 30 hectares of land in Turkey.
· Foreigners are allowed to buy property in rem rights in a town/district up to 10% of the district area.
· Persons with foreign nationality are not allowed to buy property near the military zones and security zones.
· Any real person setting a mortgage in Turkey, legal restrictions are not applied in such settings, which are established in foreign countries.
What is the cost of investment in real estate in Turkey?
Turkey's real estate is vast, with a variety of properties catering to all needs and requirements. Compared to other countries, the properties in Turkey are affordable and favorable. In an overview
- If you're looking for properties with two-bedroom apartments and a beautiful view of the sea, the price of such properties is less than £100,000.
- If you want the luxurious property, Turkey has it all. You will find exclusive properties with top-notch amenities and facilities. The price of such properties starts from £300,000, going up to millions of dollars.
But you're preparing to become a citizen of Turkey; you must invest in real estate worth USD 250,000.
Why should you invest in new property in Turkey for sale?
Apart from the benefits of granting legal Citizenship, Turkey has a lot more benefits to its investors:
Here we've listed a few of the advantages :
- Turkey's real estate market is like a sea of properties where you can find all different types catering to your needs and requirements.
- The ease of obtaining properties with no hassle.
- The beautiful climate, along with a picturesque landscape, delicious fresh fruits, and vegetables available all around the year.
- Investing in Turkey's real estate earns you a rental income of over 10% annually.
- World-class education with International schools and institutions.
- The state's fantastic healthcare facility where it follows state-of-the-art medical facilities and so much more…
Are you still thinking?
Are you still on doubt about Turkish Citizenship by investment in 2020? Don't be!
Turkey, as a country, is like a treasure with numerous jewels and advantages added to it. Unlike other European countries, you don't have to waste your time and money spotting in and out if the country to maintain your residency.
Hurry! Invest today!
