Many people have an apartment in the city and a country cottage and freely move between them. However, far-sighted people have two homes on a wider scale: they get a second passport to be able to choose the country where it is better to live right now. If the situation in your home country is getting worse, you can pack your bags and take a plane. Acquiring citizenship is not very long: you invest a certain amount in the country’s economy and get your passport within several months.
There are about 40 countries that offer citizenship-by-investment programs, and Turkey is one of them. This is a special country you should definitely get to know: if you have always wanted to live by the seaside, your dream may be realized quite easily! We recommend our portal where you will find a more detailed article on how to obtain citizenship by investment in Turkey and other countries and discover a lot of information on international business and banking.
We have a team of specialists who will help you acquire Turkish citizenship for the whole family with minimum hassle. All you have to do is to book an individual session and discuss your situation with an expert. If you make a positive decision, you submit the documents and transfer the required amount of investment. We will do the rest, and you will not need to jump through any administrative hoops or study Turkish.
Benefits of Turkish Citizenship
Turkey is developing at a tremendous speed and taking advantage of its favorable geographic location: it is a bridge that connects Asia and Europe. There are advantageous conditions for business here, and you will have a lot of young qualified staff to choose from.
You will find a lot of luxury real estate here that is available to non-residents and makes it possible for them to receive a Turkish passport. The construction industry is rapidly developing, offering a wide range of residences to suit your preferences.
Let’s briefly outline the advantages of Turkey and its citizenship program:
- You can get passports for the whole family by just including all family members in the application
- Acquiring citizenship has never been a quick process, but the term set by Turkey is quite reasonable: you will be required to wait 3 to 12 months. The country’s officials are considering ways to speed up the procedure, so they are establishing special offices for that in Istanbul and Ankara
- In most cases, your investment can be returned within 3 years, and you will keep your Turkish passport for good
- Turkey is a place that offers high-class education opportunities (some of them are free!)
- The country occupies 17th place in the world by the scope of its economy
- You will not cease to be a Turkish citizen even if you don’t live in the country
- The Turkish passport needs to be renewed, but the procedure will not require much effort
- Real estate is becoming more and more expensive, so you can invest in the property and resell it at a much higher price in a couple of years
- No details of your income or assets will be required in the documents you submit for the Turkish economic citizenship
- A Turkish passport will give you an opportunity to visit 77 countries without a visa
- Finally, if you need an investor E2 visa to the US, a Turkish passport will help you obtain it more easily
Turkey is a hospitable country that can give you a lot, and it is looking forward to new citizens joining in. Follow the link to ask any questions you might have right now.
Investment Options Offered to Applicants
Turkish authorities give rather diverse opportunities to investors seeking to obtain a passport:
- You can buy real estate that costs at least 400,000 US dollars. The purchase requires the approval of the Ministry of Environment and Urban Development. If you want to resell it, you will have to wait for three years.
- You can invest 500,000 US dollars at the minimum in the registered capital of a company based in Turkey. The company must be approved by the Ministry of Industry and Economy.
- Set up a company in Turkey and create at least 50 jobs for the local residents.
- You can also deposit 500,000 US dollars with a Turkish bank. It must be a fixed-term deposit that you can withdraw in three years.
- If you prefer investing in securities, you can buy state bonds and keep them for 3 years. The amount remains the same (500,000 US dollars).
- You can also pick an investment (or venture fund): an amount of 500,000 US dollars has to be held there for 3 years to retain your newly-obtained passport.
- In the end, 500,000 US dollars may be invested in a private pension fund for 3 years. This investment needs to be approved by the Insurance and Private Pension Regulation and Supervision Agency.
As you see, there are a lot of possibilities to choose from, and you can opt for the one that seems most convenient or reliable to you.
Extra Administrative Expenses
The state duty that a prospective citizen has to pay amounts to only 15 Turkish liras.
Other costs are associated with the notarization and legalization of the documents required to apply. The exact amount depends on the type of documents and the rates of the organization.
Get Expert Assistance
If you think that Turkey is a great option and you would like to know more, follow the above link and get in touch with our experts. For a start, we can answer any questions you may have, but there is more we can do:
- We can help you choose the best investment option as we rely on the deep knowledge of the Turkish law “On Citizenship” and the feedback of our customers.
- If you feel that investment in real estate could be the best choice, we will assist you in choosing the right object (our specialists on-site can make a video excursion).
- Want to set up a business? We will advise on all aspects of Turkish business: which niche to choose, which legal form to establish, and how to optimize taxes.
- We can recommend a reliable immigration agent on-site who will fill out the forms for you and file them on your behalf.
In short, we know how to easily overcome the hurdles you may encounter on your way. We will be happy to help you get passports to a safe haven for you or your family!
