Turkish Citizenship enables you to permanently reside in Turkey, obtain a Turkish passport, and enjoy the full rights and privileges other Turkish citizens enjoy.
Individuals are eligible for Turkish Citizenship by investment if they make a tangible business investment in Turkey.
Benefits of Becoming a Turkish Citizen by Investment
Apart from the beautiful Mediterranean landscape and climate, delicious local cuisine, and friendly residents, the many benefits of Turkish Citizenship include:
- An investor gets Turkish Citizenship to enjoy profitable investments in Turkey.
- As a Turkish Citizen, you can travel to about 110 countries without requiring visas.
- Turkish citizens by investment qualify for an E-2 business visa in the United States of America.
- All Turkish citizens enjoy free treatment in clinics and study free in government-owned universities.
- You can pass this Citizenship down to your children, as all children below 18 will also obtain Citizenship.
- You do not have to go through the stressful permanent residence and language proficiency test process when taking this route.
Criteria For Obtaining Turkey Citizenship by Investment
To obtain Turkish Citizenship by investment, you must first of all go through the pre-approved investment schemes set up by the government.
According to the Citizenship Law, Act No. 5901, you must meet the following conditions before you are eligible for Citizenship by investment;
- Applicants must fulfill the terms of Turkey’s investment Programs.
- Applicant must be at least 18 years old.
- They must have a clean criminal record.
- Applicant must possess health insurance.
- The applicant should not be a citizen of any of the following countries: Cuba, Nigeria, North Korea, Syria, or Armenia.
- Applicant must make a minimum investment of $400,000 to be eligible.
Ways of Obtaining Turkey Citizenship by Investment
The three methods to obtain Turkish Citizenship by investment include;
Investing in Real Estate
An individual can obtain Citizenship via investment by acquiring property that is equally cheap for foreign nationals to invest in real estate.
You must invest $400,000 in buying a house or landed property as an eligible option for Turkish Citizenship by investment. To qualify, you can also purchase multiple properties up to $400,000.
Create Employment Opportunities
Another route to gaining Citizenship by investment in Turkey is starting a business that can employ at least 50 people before eligibility. This plan suits anyone interested in starting and running long-term legitimate companies in Turkey.
Make a Capital Investment
One more way of getting a Turkish passport by investing in Turkey is when you deposit $500,000 into a Turkish bank account in a confirmed deposit for a minimum period of three years.
Application Process to Obtain Turkish Citizenship by Investment
- Open a Turkish bank account to purchase a property in Turkey.
- Obtain your eligibility certificate.
- Obtain a residence permit.
- Submit an application for Citizenship to the Provincial Directorate of Census and Citizenship.
Conclusion
Once your application for Citizenship has been submitted, your paperwork will be processed, and your passport will be made ready in four months, which will be mailed to you wherever you are.
Frequently Asked Questions
Do I have to speak Turkish to get Citizenship by Investment?
The short answer is no. Citizenship by Investment doesn’t require an applicant to possess any knowledge of Turkish before gaining Citizenship through investment.
Can an applicant include their family in the Turkish Citizenship by Investment application?
It is acceptable for an applicant to list their spouse and all children under 18 as dependents during the application process.
