Turkey’s Second Passport – Basically, Turkey is a Muslim country with an impact on the east and the west. With its location in the heart of the world between Asia and Europe. Similarly, Turkey is known for the best climatic zone and popular destination for leisure and business activities.
Although, Turkey Citizenship Program attracts entrepreneurs and families to get a chance to invest in Turkey and therefore, settle in or establish their business in the country.
The Turkish Golden Visa programme grants residency, citizenship and a Turkish passport to applicants investing in real estate.
According to the new amendment, the amount for Turkish citizenship by real estate investment has changed. With the latest update, foreigners who purchase real estate worth at least $400,000 have the right to apply for Turkish citizenship. This right applies not only to the investor but also to the legally married spouse and children under 18.
Benefits of Turkish Citizenship by Investment
Being a Turkish citizen brings many benefits both for investors and their families in terms of social life, financial opportunities and easy travel. Turkey guarantees the welfare and future of them with free healthcare and education services provided to its citizens.
The program also provides shortcuts for relocation in the UK and the USA under special visa categories suitable for Turkish citizens. Foreign investors may begin the process of becoming British citizens by relocating to the UK as a beneficial extension of the agreements between the two countries. Besides, there is the possibility to live in the USA by having an E-2 investment visa.
- Visa-free travel across 111+ destinations including Hong Kong, Japan, and Singapore
- One of the major tourist attraction
- Applicant and their family members are granted to enjoy all benefits of a citizen
- Having Turkish citizenship gives you eligibility to apply for an E-2 Investor Visa
- No minimum residency requirement
- Access to luxury lifestyle and world-class education & healthcare
- Turkey is among the world’s strongest countries in terms of economy
- Access to the world’s best education & healthcare system
Free Consultation
Speak to a global expert
Are you considering investment migration? Look no further! Our team at AL-RAHIMYA GROUP is here to assist you in finding the perfect investment migration solution tailored to your needs and aspirations. The AL-RAHIMYA GROUP team has global experts in over 10 countries. Let us help you find the perfect investment migration solution.
Turkish Citizenship: Requirements
Under the new regulations in Turkey, foreigners who satisfy at least one of the below-mentioned requirements are able to apply for Turkish citizenship:
Purchase a property at least 400,000 USD valued and attached annotation at land registration not to sell this property for 3 years
Invest at least 500,000 USD and make a commitment to hold the amount of deposit for three years at banks operating in Turkey
Turkish Citizenship: Requirements
Under the new regulations in Turkey, foreigners who satisfy at least one of the below-mentioned requirements are able to apply for Turkish citizenship:
Purchase a property at least 400,000 USD valued and attached annotation at land registration not to sell this property for 3 years
Invest at least 500,000 USD and make a commitment to hold the amount of deposit for three years at banks operating in Turkey
Procedures and time frame of the Türkiye Citizenship by Investment Program
After applicants have chosen the qualifying investment option, a residence permit application shall be made on the family’s behalf. The main applicant is then required to open a bank account in Türkiye.
Once all application documents have been prepared (including applicable certifications and translations), the investment can be completed and the documents submitted to the government. Once the application has been received by the government, the review process will begin and an interview may be requested. Applications are typically approved within 120 days, following which the citizenship documents are issued. The passport application can then be submitted.
