TURKISH CITIZNSHIP = WORK PERMIT =RESIDENCE PERMIT =TURKISH VISA
Criteria For Turkish citizenship by investment for FOREIGN INVESTORS your full guide on how to get Turkish citizenship.
Foreign nationals who have been verified by the Ministry of Industry and Technology to have invested a minimum of USD 500,000 in fixed capital. It has to be verified by transferring money to a Turkish bank account.
Buying a property with a three-year resale restriction on the title dead that is valued at least USD 400,000 or an equivalent in another currency, or Turkish lira, as certified by the Ministry of Environment and Urbanization. And have been verified by transferring money to the Turkish bank account.
Foreigners who have been verified by the Ministry of Family, Employment, and Social Services to have employed at least 50 persons. And have been paying their salaries by transferring money to Turkish bank accounts.
Depositing at least USD 500,000 or an equal amount in another currency or Turkish lira by transferring money to a Turkish bank account is the requirement that the funds will not be withdrawn for at least three years, As confirmed by the Banking Regulation and Supervision Agency.
Purchasing government bonds worth at least USD 500,000, or an equivalent amount in another currency or Turkish lira by transferring money to a Turkish bank account, with the proviso that they cannot be sold for at least three years, as certified by the Ministry of Treasury and finance.
Purchasing shares of a real estate investment fund or venture capital investment fund valued at least USD 500,000, equivalent in another currency, or Turkish lira transfer money to a Turkish bank account, with the requirement that they cannot be sold for at least three years as confirmed by the capital markets board of turkey.
Turkish citizenship by property investment
According to the law that went into effect on September 19, 2018, foreigners who purchase a property worth at least 400,000 USD can apply for Turkish citizenship. So, if you're a foreigner interested in becoming a Turkish citizen, the first step is to buy a property that meets the 400,000 USD minimum value. There are specific guidelines to be aware of when purchasing property as a foreigner. You can purchase multiple properties, but they must be bought together, and the total value must be more than USD 400,000.
In addition, multiple foreigners can purchase one property so long as each person's share is worth at least USD 400,000. One of the most critical steps in this process is the valuation report. The valuation report is a document that must be created by specialists who are licensed and approved by the capital market board. This report determines if the acquired property is valued at the amount specified in the regulation (USD 400,000). The validity period for the valuation report is up to three months before the purchase date of the property. If the foreign buyer has an attorney, the validation report can apply by the Attorney/Law Firm.
Specialists licensed and authorized by the capital market board will determine whether the acquired property is equal to the amount specified in the regulation (USD 400.000). Once the title deed, valuation report, and payment receipts money exchange letter are obtained, the foreign buyer or his/her attorney can make the written promise (not to sell the property for 3 years) in the Land and Registry office. After the promise is made, the department of foreign affairs will send "the investment conformity document" to the foreign person's or his/her attorney's e-mail address. and then the investor will be able to apply for Turkish citizenship.
Benefits Of Having Turkish Passport
Our experienced team will be ready to guide you through the Turkish real estate market and investment process, and we can also help you with your citizenship application.
Our company has exclusive projects that are worth at least 400.000USD. We have various choices for you to find something that meets your needs and interests.
To transfer money to the seller of a property in Turkey, you will need to open a bank account in Turkey.
Get the title deed with a restriction that it cannot be sold for 3 years and complete your ownership of the selected property in Turkey.
After getting the investment confirmation letter, our lawyer will apply for investor residence permit of you in Turkey.
At this stage, you're now all eligible for applying to obtain the Turkish passport for your yourself and your family, which includes your spouse and children under 18.
