Obtaining a Turkish passport through investment is a goal for many foreigners around the world, particularly investors because it provides them with numerous benefits and facilities. We are delighted to offer you with the most significant information that may be useful when applying for this passport in this article.
The most prominent features of the Turkish passport
The Turkish passport offers several benefits to its people, including the ability to travel to more than 90 countries without the need to request a visa in advance. It is the world's 39th most powerful passport.
Turkish passport holders can work overseas without the trouble of acquiring a visa, making it an appealing alternative for individuals who enjoy traveling or living abroad. The Turkish passport also grants its holders access to numerous other benefits, such as It is one of the few passports that permits residents to hold two passports at the same time and enjoy the privileges of both countries. Furthermore, Turkish citizens are eligible for a Schengen visa. They are permitted.
The stages of obtaining a Turkish passport through investment
If you are looking for a Turkish passport through investment, here are the most important steps to help you get started:
- Determining an investment or investments that are eligible to be made Eligible investments must be made in Turkish government bonds or real estate in Turkey.
- The total investment amount should not be less than $400,000.
- Open a bank account in Turkey and transfer money for your investment.
- Obtaining a tax number from the local tax office in Turkey.
- Applying for Turkish citizenship by submitting an official application to the Directorate of Population Affairs.
- Along with your application, you will need to provide information about your identity and background and proof of your investment.
- After submitting all the necessary documents, it may take up to six months
Ways to obtain a Turkish passport
Obtaining a Turkish passport can be a great way to access the many benefits of Turkish citizenship. There are several ways to obtain a passport:
Marriage
Considered a common way to obtain a Turkish passport, a foreign citizen married to a Turkish citizen can apply for citizenship after two years of marriage and can obtain his passport in just a few months.
Bank Deposit
If you are looking to obtain a Turkish passport, one way to do so is through a bank deposit. This involves depositing $500,000 into an approved Turkish bank account, and you must commit not to withdraw it before three years have passed.
Proof of parentage
It is an easy process for those who qualify. Eligibility includes that either parent be a Turkish citizen, or that one of the parents was born in Turkey.
Investment
Obtaining a Turkish passport through investment is an attractive proposition for many. The process is relatively simple and offers some great advantages. It also includes visa-free entry on arrival to more than 110 countries, including the European Union and the United Kingdom.
Commercial Investment
The process of obtaining a Turkish passport through commercial investment includes investing in certain sectors that are important to the country's economy. These investments can range from investing in real estate projects to investing in business in Turkey. By making these investments, you will be able to obtain Turkish citizenship and a passport. Travel quickly and easily.
No matter which path you choose, obtaining a Turkish passport can open many opportunities inside and outside the country.
Documents for obtaining a Turkish passport through investment
To start the process, applicants must first collect the necessary documents. These documents include:
- Translate a valid passport into Turkish and have it certified by a notary.
- Submit a valid real estate appraisal report.
- Provide a receipt for payment of the property price from the buyer's account.
- Proof of residence and a certificate of no criminal record.
- Two photos taken in the last six months with a white background.
- In addition, applicants must provide proof of their investment in Turkey, this proof can be in the form of a certificate from the Ministry of Environment and Urbanization or a title deed or deed issued by the Land Registry Office.
- Applicants must submit an application form to the Consulate or Embassy of Turkey in their country of residence. The form should include information such as full name, date and place of birth, nationality, address, contact details, and any other relevant information.
- Once all documents are submitted, applicants will receive their passports within a month.
Reasons for rejecting the Turkish passport application
If a Turkish passport application is refused, there can be several reasons for rejection, the most common ones include:
- Incomplete documentation and correct information in the form and failure to meet certain criteria.
- Incomplete documents can lead to rejection.
- Forgery of some data and information may lead to the rejection of the application file.
- If the applicant has any legal issues preventing them from obtaining the passport, this could include criminal convictions, back taxes, unpaid fines, or other legal matters.
- Finally, in general, there can be several reasons for rejecting a Turkish passport application. To avoid rejection, applicants must ensure that all required documents are included in their applications and that all information is accurate and up-to-date.
Duration of approval for submitting a Turkish passport application
The processing period for a Turkish passport application varies based on the unique circumstances of each applicant, but in general, the application is granted and the passport is issued within 4-6 weeks.
Applicants should be aware that processing times for their files may be extended owing to increasing demand or other circumstances. It is critical to submit all required documentation precisely and thoroughly to expedite the approval process.
Finally, you can visit our website to view all of the material that may be of interest to you as an investor seeking Turkish citizenship and a Turkish passport through investment in Turkey.
Number One Property is happy to offer the following services 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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