CITIZENSHIP BY INVESTMENT
Türkiye
Investing in Turkish Citizenship offers access to 118 countries without a required minimum residency period. If your backup plan involves seeking proximity to sun and sea, Turkey could be the ideal destination to consider for citizenship investment. Moreover, Turkey boasts a delightful fusion of cultural diversity and scenic splendor.
118
Visa-free Countries
$400,000
Minimum Requirement
4-6
Months Processing Time
Türkiye stands as a sought-after destination for both leisure and business endeavors, boasting no minimum residency requirements and processing applications in as little as four months.
This makes Turkish Citizenship by Investment particularly appealing, granting visa-free access to 118 countries and opening doors to new horizons and global opportunities.
Moreover, it facilitates international mobility, a boon for families seeking to apply for Turkish citizenship colloquially known as “Turkey citizenship,” including children under 18 as dependents.
Families can thus access complimentary education and healthcare while enjoying a rich tapestry of cultural activities and events together.
Benefits of Türkiye
Benefit from a Short Application Process
Accepted candidates can anticipate receiving their Turkish passport within four to six months.
Achieve international mobility.
With Turkish citizenship, individuals can freely explore 118 countries worldwide, spanning the Americas, Europe, and Asia, enabling seamless travel between the East and West.
Involve your family.
Additionally, you have the option to include children under 18 years old as dependents in your application, along with your spouse.
Benefit from the absence of a minimum stay requirement.
No minimum physical residency is required to process your Turkish citizenship application.
Who is eligible for Türkiye citizenship?
Investor
- You must be at least 18 years of age.
- Additionally, you need to demonstrate the legality of your investment.
- Furthermore, a clean criminal record is required, supported by a Police Clearance Certificate from your country of citizenship.
- Moreover, you should be free from any serious illnesses.
Spouse
- Firstly, individuals must be at least 18 years old. Secondly, they must have a clean criminal record and provide a Police Clearance Certificate from their country of citizenship. Lastly, they must also have a clean bill of health.
Children
- Up to the age of 18
Programme Requirements
To be eligible for the Türkiye Citizenship by Investment Programme, applicants must satisfy ONE of the following investment options as well as meet other requirements:
Choice 1. Invest in real estate
The initial option for Citizenship by Investment necessitates a minimum investment of US$400,000 in real estate. Additionally, buyers incur a VAT of 1-8% on new properties, while resales are exempt from VAT.
Stamp duty stands at 4%, shared between the buyer and seller. However, in resale transactions, the buyer shoulders the entire 4%. Moreover, buyers are responsible for 2% of the 4% real estate commission, with sellers covering the remaining 2%.
Importantly, there is no specified Turkish government contribution amount. Furthermore, applicants need not concern themselves with due diligence or administrative fees, except for minor incidental charges.
Option 2: Deposit funds into a bank
Deposit a minimum of $500,000 or its equivalent in Turkish lira into a Turkish bank account.
Option 3: Invest in a Turkish real estate or venture capital investment fund
The Presidency of the Republic of Turkey outlines the conditions for the investment option, which involve purchasing real estate investment fund shares or venture capital investment fund shares valued at a minimum of USD 500,000 or its equivalent in foreign currency.
It is essential that these shares are not sold for at least three years, as verified by the Capital Markets Board of Turkey.
Choice 4: Engage in a fixed capital investment
For this “Turkey Citizenship-by-Investment Program” option, your fixed capital investment must be a minimum of $500,000.
Choice 5: Purchase government bonds
For this “Turkish Citizenship-by-Investment Program” choice, your investment must be a minimum of $500,000.
Choice 6: Establish a new business to create jobs for Turkish citizens.
An alternative method to qualify for Turkish Citizenship by Investment involves initiating a new company.
To fulfill Ministry of Labor and Social Security requirements, you must generate employment opportunities for a minimum of 50 individuals.
OTHER REQUIREMENTS AND BENEFITS
To qualify for the Turkey Citizenship by Investment Program, you must retain your investment for a minimum of three years.
Furthermore, residency in Turkey is not a requirement to be eligible for citizenship.
Consult with a worldwide specialist.
Escapar team comprises global experts across 20 countries, offering advice in 14 languages. Allow us to assist you in discovering the ideal investment migration solution.
Application Process
Client onboarding begins
Our process begins with Form 1, facilitating our initial Escapar due diligence. Subsequently, upon successful screening, we'll furnish you with a Client Agreement (CA) for your review and signature.
Once we receive the signed agreement and retainer payment, our case processing team will finalize all essential government forms and supporting documents. If the program necessitates a property investment, you'll be required to enter into a sales and purchase agreement with the developer.
Ultimately, we will coordinate with the property developer and the St. Lucia Citizenship by Investment Unit on your behalf.
Application review and submission
Prior to document submission, we conduct a thorough review of your application to ensure compliance with the Investment Office of the Presidency of the Republic of Turkey's requirements. After this meticulous assessment, our case processing team conducts final checks before submitting the relevant forms.
Moreover, the Investment Office performs its own due diligence and scrutinizes all paperwork meticulously.
Throughout this process, we maintain close collaboration with them. Escapar guarantees that the Investment Office processes your application promptly and efficiently.
Citizenship issued
Your application will undergo assessment by the Investment Office. Once approved, you are required to fulfill all necessary contributions, including the payment of any applicable government fees. These contributions and payments, in turn, finalize your Turkey Citizenship-by-Investment application.
Frequently Asked Questions
Does Türkiye accept dual citizenship?
Citizens of Türkiye can have dual citizenship. However, you will need to check whether your origin country allows dual citizenship with Türkiye.
What can I expect from Türkiye citizenship?
If successful in your application for citizenship in Türkiye, you will benefit from the delightful temperatures, stunning landmarks, and friendly culture. In addition, you’ll have the opportunity to travel visa-free to 118 countries around the world, including Hong Kong, and qualify to apply for a US E-2 Investor Visa. This allows you to enter the United States and work there.
Moreover, many investors opt for the Türkiye citizenship route as a result of its family inclusivity. This allows your family members the same fantastic benefits that you would receive, including free healthcare and education.
How long does the Turkish citizenship process take?
Should your application be successful, you can expect to receive your citizenship in four to six months. Once you have this, you can apply for a Turkish passport.
Who can apply for the Türkiye Citizenship by Investment Programme?
To be eligible for Türkiye citizenship, there are key requirements you must meet. Firstly, you must be over the age of 18. Secondly, you should have a clean criminal record. Thirdly, you must maintain excellent health. Fulfilling these prerequisites is essential to qualify for Türkiye citizenship.
Will I need to reside in Türkiye?
No. You do not need to live in Türkiye for the authorities to process your citizenship application.
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