Obtaining citizenship through investment, I certainly heard something about this previously, as all those interested in obtaining a second citizenship are thinking of Turkish citizenship because of the important privileges, positive aspects, and many facilities that can be obtained.
How to obtain Turkish citizenship through investment, and what is the importance of being a holder of it? This is what you will learn about in this article.
Turkish citizenship by investment
1 – Turkish citizenship through real estate investment
Obtaining Turkish citizenship through real estate investment is a viable option for many foreign nationals. This path to citizenship requires that the foreign citizen invest in a property of at least USD 400,000 in Turkey.
Is it enough to buy a property in that country to apply for that citizenship? Of course not. There are more requirements, including the following:
- The property must not be sold before at least three years have passed.
- The buyer of the property must not hold one of the nationalities that are prohibited from owning.
- The purchase must be made from a Turkish entity, whether it is an individual or a construction company.
- The buyer must verify that the property has not been previously used or relied upon to obtain it
- The value of the property must be paid through a Turkish bank and receipts must be presented in this matter.
- The real estate appraisal document that determines the real property value must be extracted without increasing or decreasing.
2- Turkish citizenship through commercial investment
Obtaining Turkish citizenship through a commercial investment of $500,000 is possible for non-Turks and this can be achieved by purchasing government bonds or stocks in Turkey this type of investment must be kept for at least three years and can be done through a Turkish bank or financial institution and after a period Three years, the investor may apply for citizenship at the Ministry of Interior.
It is important to note that the investor must also prove that they have sufficient funds to support themselves during their stay in Turkey and prove their financial stability. In addition, they must meet all other requirements for obtaining citizenship such as passing a Turkish language proficiency test, presenting a valid passport and identification documents, and proof that they have no criminal record.
3- Turkish citizenship via bank deposit
The Republic of Turkey has recently introduced an attractive path to obtaining Turkish citizenship through a bank deposit of $500,000. The individual or family who makes this deposit will be able to obtain citizenship with the possibility of eventually obtaining a Turkish passport.
This initiative is open to individuals who meet the requirements set by the Republic of Turkey and demonstrate a commitment to the country. Eligibility criteria include being at least 18 years old, having no criminal record, and passing a medical examination. In addition, applicants must provide proof that they have made the required bank deposit in Turkey.
4 – Turkish citizenship through Jobs
Obtaining Turkish citizenship by employing fifty Turks is a program established by the Turkish government to attract foreign nationals to invest in Turkey. The program was introduced in 2018 and provides an opportunity for foreigners to obtain Turkish citizenship by creating job opportunities for at least 50 Turkish citizens.
The importance of obtaining Turkish citizenship
For those already living in Turkey, citizenship provides access to all the rights and privileges associated with being a citizen of the country. This includes access to social security, healthcare, education, job opportunities, and the ability to own property. Turkish citizens also enjoy freedom of movement throughout the European Union as well as free travel visas to certain countries.
For those who wish to live in Turkey, obtaining citizenship can be a huge advantage, giving them the right to work, study, or retire in Turkey without having to worry about complex visa requirements or restrictions and also allowing them to buy real estate and access government services such as education and welfare. health.
Finally, obtaining Turkish citizenship can be beneficial for those who travel outside the country, as a Turkish citizen, they have the right to enter other countries without a visa or with a simplified procedure and this can make traveling abroad much easier and more comfortable.
Reasons for the strength of Turkish citizenship
Turkey is a country of great strategic importance due to its location at the crossroads of Europe and Asia. Its well-developed infrastructure, including its transportation networks, has made it an attractive destination for many people seeking to invest in the country. In addition, its economic stability has been a major contributor to the strength of citizenship Turkish.
The Turkish economy has remained resilient despite the global economic downturn, with a steady growth rate since 2000. This has enabled the country to continue to attract investment from abroad and open new foreign markets. This strong economic performance has also provided citizens with greater job opportunities and higher wages, which makes it an option. Attractive to those looking for an opportunity to improve their lives.
Moreover, Turkey's strong foreign policy has contributed to its position as one of the most influential countries in the region, and through its active role in regional security and trade organizations, it has strengthened its position as a partner in the development of international relations. The country also boasts strong diplomatic relations with various countries around the world, which strengthened its position as a strong country.
Through our company's website, you can view many topics related to Turkish citizenship and its laws. You will find answers to all your inquiries, as we have been keen to monitor them in several aspects and different axes.
Services that Number One Property is proud to provide to its clients:
-Luxury apartments for sale in Istanbul are suitable for obtaining Turkish citizenship and others are suitable for real estate residence.
-The most distinguished real estate within the Turkish real estate market.
-Cheap real estate prices with high quality.
-Taking care of all the steps of buying a property in Turkey.
Our expert, specialized team is ready to answer any inquiries about real estate investment in Turkey. Just contact us to get what satisfies you.
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