Investment is one of the most important ways to obtain Turkish citizenship. Recently, according to statistics agencies, the number of people coming to obtain citizenship has increased significantly and a desire to obtain its unlimited advantages.
Learn with us in this article some information related to Turkish citizenship.
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Ways to obtain citizenship through investment
Learn with us the most important investment methods that allow you to obtain Turkish citizenship as follows:
1 - Investing in real estate
To be eligible for Turkish citizenship through real estate investment, the applicant must purchase a property with a minimum value of 400,000 USD and keep it for at least three years. The applicant may also invest in more than one property to reach the required amount.
The Turkish government offers citizenship to foreign investors in order to encourage economic growth. Turkish citizenship offers many benefits, including visa-free travel to more than 90 countries, the right to live and work in Turkey, and access to free education and health care.
2- Business investment
The Turkish government recently announced a new regulation that grants citizenship to foreign investors who make a business investment in the country and the minimum amount required for investment is 500 thousand US dollars.
The Turkish citizenship application process requires the applicant to submit various documents, including passport, birth certificate, proof of residence and proof of income and the applicant must also pass a Turkish language test.
3- Bank Deposit
Turkish citizenship can be obtained through a bank deposit of 500 thousand US dollars or more where the applicant has a bank account with a Turkish bank and must deposit an amount of at least 500 thousand US dollars and the deposit must be kept in the account for at least three years and after Three years, the applicant can apply for Turkish citizenship.
4- Employing 50 Turks
The Turkish government has announced a new plan that grants citizenship to foreigners who employ at least 50 Turkish citizens.
The move is part of a broader effort to attract foreign investors and create jobs in the country.
Under the scheme, eligible applicants will be able to apply for Turkish citizenship within six months of hiring the required number of employees.
Documents required to obtain Turkish citizenship
The following documents are required to obtain Turkish citizenship:
1. A completed application form.
2. A copy of your passport or national identity card.
3. Proof of residence in Turkey.
4. Criminal background check from your country.
5. A medical certificate from a Turkish hospital or clinic.
6. Proof that you have enough work to support yourself and your family.
Advantages of obtaining Turkish citizenship
There are many reasons why people may want to obtain Turkish citizenship and some people do so for the benefits that come with being a citizen, such as being able to live and work in Turkey without a visa and others do so because they have family ties to the country or simply because they love the lifestyle Turkish.
Some of the main advantages of obtaining Turkish citizenship include:
- It can be given to all family members and children must be under the age of eighteen.
- The ability to travel without a visa or with a visa on arrival to many countries.
- Get free education and health care in Turkey.
- The right to vote and to run in the Turkish elections.
Problems of obtaining Turkish citizenship
When you are about to apply for Turkish citizenship, you should know that there are many problems that you may encounter or that hinder your movement and progress in the process of obtaining it, and the most prominent of them are:
- The applicant should be able to speak Turkish fluently and this means to be able to hold a conversation and understand what they are told in Turkish as well as the applicant should not have a criminal record in Turkey or any other country.
- The applicant must have lived in Turkey for at least five years and this can be proven with a residence permit or work permit. The five-year period does not need to be continuous, but the total time spent in Turkey must be at least five years.
- Many people are unaware of how to proceed with obtaining Turkish citizenship and this is especially true for those who are not of Turkish origin.
- There are a number of requirements that must be met in order to obtain Turkish citizenship and this can include having a certain level of income, owning a property in Turkey, or marrying a Turkish citizen.
- The process of applying and obtaining Turkish citizenship can take several months or even years.
- The cost of applying for Turkish citizenship can be very expensive, especially if you are required to hire a lawyer or translator.
When is Turkish citizenship withdrawn from its holder?
- If the citizen obtains Turkish citizenship by fraud, deception or any other illegal method.
- If a citizen is sentenced to prison for a crime against state security, even if he has been pardoned.
- If a citizen is sentenced to prison for a crime against humanity, as stipulated by the Turkish Constitution.
- If the citizen is convicted of a crime against honor and sentenced to imprisonment for a period of more than three years, even if he is pardoned.
- In cases where revocation of citizenship is deemed necessary to protect national security.
If you are looking for an investment opportunity to obtain Turkish citizenship, do not hesitate before contacting our real estate consultants who will provide all the appropriate options and advice that will lead you to the right choice.
Follow our website constantly and learn the most important aspects related to the law of applying for Turkish citizenship and the most important information related to it.
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