Turkey Citizenship
investment
Turkey’s citizenship by investment program is one of the most popular ones among investors.
Cosmopolitans can obtain second citizenship by investing $400,000+ in the country’s economy. Five options are available: purchase of real estate or units of an investment fund or bonds, participation in the share capital of a Turkish company, and opening of a deposit in a Turkish bank.
The purchase of real estate is the most demanded option. Real estate prices grow by 15 to 25% per year in Turkey.
Family members such as spouses and children can get second citizenship in Turkey with the investor.
Benefits of Turkey citizenship
Travel to the Schengen Area
Citizens of Turkey can get a C‑2 Schengen visa for 5 years. The visa allows citizens to stay in the Schengen countries for up to 90 days out of 180.
Visa-free entry to 120+ countries
Holders of the Turkish passport visit 126 countries without a visa. they freely enter Japan, Singapore, South Korea, and other countries.
“Safe haven”
Investors can go to Turkey anytime, even if the borders are closed. It is crucial in an emergency: a political crisis, epidemic, or threat to the safety of family members.
E‑2 business visa to the USA
Turkish citizens can get E‑2 visas, allowing investors and their families to live and work in the USA. The investor opens or buys a business in the USA to get a visa. The minimum investment sum is not defined, but applicants usually invest $100,000+ in a business project.
Tourist visa to the USA
Investors with Turkey citizenship can get a В‑1/В‑2 visa to the USA. They apply and pass an interview in US consulates in Turkey, e.g. in Istanbul or Ankara.
Prospect of investment return
The investor can return the money three years after obtaining citizenship in Turkey — by selling the investment real estate. There are no sale restrictions.
Easy path to citizenship for a family
There’s no need to take exams or live in Turkey for the citizenship-by-investment program participants. The procedure of obtaining a passport takes several months.
Investors’ spouses and minor children may also acquire Turkey citizenship.
Profitable investment
Applicants may buy real estate or securities, open deposits, or invest in businesses to get Turkey citizenship. Some investments may be very promising: for example, the cost of Turkish residential properties has grown about six times since 2015.
Right to keep other passports
Turkey allows its citizens to have multiple citizenships. Investors and their family members may keep previous passports if other countries allow it.
Step-by-step procedure for obtaining Malta citizenship
Immigrant Invest conducts its own preliminary Due Diligence to identify rejection risks and find a solution in advance.
The preliminary check is entirely confidential. An investor provides only their passport.
Immigrant Invest has its own Compliance Department. Clients’ documents are checked by a certified Anti Money Laundering Officer.
The preliminary Due Diligence lowers the risk of citizenship denial to 1%.
Immigrant Invest lawyers provide the investor with a list of documents required to participate in the program. When the documents are received, the lawyers prepare them for application: the documents are translated, copies are certified, and government forms are filled out.
The Immigrant Invest real estate department selects properties that meet the investor’s requirements. For example, it can be an apartment for rent or purchase of property under construction. Our lawyers check the clean title to a property and the contract terms.
The investor chooses a property and makes an advance payment of $1,000—5,000. Then, the sale and purchase contract is signed and paid: it includes the total property cost minus the advance payment.
Immigrant Invest lawyers help get a certificate of ownership and a VAT exemption of 0% per transaction. We also receive two conclusions: an assessment of the property value and a report on real estate compliance with the conditions of the Turkish citizenship program.
The investor gets a Turkey residence permit as a citizenship program participant after they buy a qualifying property.
The investor must be present at the migration service in Turkey when the citizenship application is submitted. If the investor’s family obtain citizenship, the spouse’s presence is also required. Children may not attend the application procedure.
The investor and their spouse pass fingerprinting and take photos for their passports at the migration service.
The citizenship by investment unit conducts Due Diligence, which takes 3—4 months. Specialists study the investors’ documents and check information about them and their families in international databases.
Due Diligence is the decisive stage of the program. The results of the check define whether the applicants will receive citizenship.
After the approval of the application, the investor receives a passport. It is unnecessary to come to Turkey to get a passport: the document can be obtained at a Turkish embassy or a consulate in another country.
If the investor wants to get an ID card, it is necessary to submit fingerprints. Fingerprinting is usually organised at a Turkish embassy, or the investor visits the country. The ID card will be ready in 2—3 weeks after fingerprinting.
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