Turkiye citizenship by investment program

Posted by Ghulam Ali
2
Sep 4, 2023
323 Views

Turkiye started their citizenship by investment program back in 2017. The investor can now get a Turkish passport through an investment program. There are other options but we are going to talk about citizenship by investment program.

Anyone who invests 400,000 dollars in Turkey will be eligible for the citizenship and passport of the Turkiye. The new law allows the investors and legally married persons to obtain citizenship of Turkiye by investing the required amount in the Turkiye. The rules apply to spouses and children under 18 as well.

What are the benefits of Turkiye citizenship?

The first benefit is that you will get the Turkish citizenship which allows you to travel visa-free to 115 countries. The countries include massive names like Japan, hong kong, Argentina, and South Africa. There are other countries that you can check out on the official website of Turkish immigration.

Turkish citizenship allows the investors and their families to have access to easy travel, meaning easy immigration and moreover, they can have benefits of social life and an easy welfare system. The Turkish citizens enjoy easy travel along with free education and a healthcare system. You will have more financial opportunities as they have treaties with many countries. You can boom your business quite easily by having access to the international banking system. Turkiye is a place that has high living standards than many other countries. So, you can enjoy both business and social life pretty much quite easily.

The another benefit of the program is that it allows the easy relocation of moving to the United Kingdom. The Turkish citizens have this easy access to relocate to another country like the united kingdom without any fuss. Moreover, you can move to the USA as well. Turkish Citizens have access to the E-2 investment visa in the United States. As Turkiye has an agreement with both the United Kingdom and the USA. The investor who gained the Turkiye citizenship can relocate and do business in these countries. So, if you do not want to live in Turkiye you can easily relocate to nations like the United States and the United Kingdom as the Turkish citizenship allows you to have a shortcut route to these countries. So, investing in the Turkiye will open many doors for you. As the investment is only 400,000 dollars the foreign investors taking a deep interest in Turkish citizenship.

The Foreign investors can easily buy property in Turkiye. They can buy property of any type moreover, they can enjoy the benefits of getting rent from the property they have purchased. Also, they are allowed to sell the property after the three-year restriction period. So, it is beneficial for both the country and the investors.

Requirements

Now let's take a look at the requirements you need to fulfill to get Turkish citizenship without going through the difficult process. As we have covered that for you in this article you will have the outline of the requirements and you can easily apply for the citizenship of Turkiye without any worries.

There are different procedures but we are talking about citizenship of Turkiye by investment program. So, anyone who purchased the property including the workplace, the house and the villa you have the options to choose from anything all you have to do is invest 400,000 United state dollars in the property. You are allowed to rent out the property you purchased so, you can gain capital gains from rent as well. However, the minimum requirement to hold the property is 3 years so you cannot sell your property for 3 years after that you can sell the property without any issues.

After that, you need to prepare the documents you need to ensure that the documents are prepared according to the legislation of the Turikiye. Now you have to send the application to the director of the land registry and Cadastre. Now once you submitted the application they will check the property you have purchased has the value of 400,000 dollars or not.

Now if everything goes smoothly the process is pretty fast after that. All you have to do is wait 60 days to get the the passport. You have the option to buy property or properties minimum worth of 400,000 dollars.

Wrapping it up!

There are numerous benefits of having Turkish citizenship that includes fast processing of visa that you can attain within 60 days after all the procedures. There is a potentially high-income return by renting out the properties. You also have the option to relocate to the United States under the agreement the Turkiye government made with the USA. You can easily expand or relocate to the United States under the E-2 Visa for Investors.

You can also easily relocate to the United Kingdom as a Turkish business person. There are no limitations you can easily expand your business to the United Kingdom. If you do not want to relocate you can also enjoy the safe business and social environment as Turkish citizenship. Moreover, the entire family is eligible to get citizenship of Turkiye which includes children under 18, disabled children of any age, and spouses.

You also do not have to renounce your current citizenship as Turkiye allows you to have dual citizenship. Moreover, citizenship is valid for a lifetime and can be passed over to future generations. So, Turkish citizenship has a lot of benefits.

We are going to wrap up this article by stating that it takes 120 days for the procedure to get citizenship in Turkiye. After that, you can apply for the passport which takes almost 60 days so the procedure is fast and effortless. All you have to do is invest the minimum amount which is 400,000 dollars and you are good to go. We have mentioned that the Turkish citizens have many benefits and they can easily enjoy the social and business life by becoming the Turkish citizen.

Once again we should mention that you can travel to 115 countries without the need for a visa including countries like Japan and Hong Kong and even Singapore. The other countries allow you to have on-arrival visas and online visa applications which is a bonus.

 

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