Turkey Citizenship by Investment

 

TURKEY CITIZENSHIP BY INVESTMENT

 

Turkey launched a Citizenship by Investment program (CBI) in 2017. In 2018, the Turkish government cut the investment amount significantly to make the program more competitive. The Turkish CBI offers several investment option to applicants, with the most popular being the property purchase. Most investments are required to be held for 3 years from the time of investment. The Turkish passport offers visa free travel to many destinations in the world but not in the EU or the US. Although, Turkey has held talks for visa-liberalization with the EU in 2013 and there is hope that the process will take place in the future. 

 

Location

Asia

Population

80 million

Capital

Ankara

Currency

Turkish Lira

Language

Turkish

Investment Amounts

 
Fixed Capital option make fixed capital investment at least 500.000 US Dollars for whom certificate of conformity is issued by the Ministry of Industry and Technology,
Real Estate option purchase the immovable property at least 250.000 US Dollars for whom a certificate of conformity is issued by the Ministry of Environment and Urbanization,
50 Jobs option employ at least 50 employees and for whom a certificate of conformity is issued by the Ministry of Family, Labor and Social Services,
Bank Deposit option invest at least 500.000 US at banks operating in Turkey and for whom a certificate of conformity is issued by the Banking Regulation and Supervision Agency,
Bond option purchase public borrowing instruments at least 500.000 US Dollars for whom certificate of conformity is issued by the Ministry of Treasury and Finance,
Investment Fund option purchase a real estate investment fund participation share or venture capital investment fund participation amount of at least 500.000 US Dollars for whom a certificate of conformity is issued by the Capital Market Board,
 
 

Application Process

  • Stage 1 Month 1

    Obtain the documents required for the residence permit within the scope of item (j) of Article 31 of the Law 6458. Obtain a certificate of eligibility. Finalize investment and gather the documentation.

  • Stage 2 Month 2

    Apply to the Provincial Directorate of Immigration Administration of the settlement. Obtain the documents required for the citizenship application. Apply to the Provincial Directorate of Census and Citizenship of the settlement. The citizenship file is applied and sent to NVIGM.

  • Stage 3 Month 6

    Receive approval after 3-6 months and make the oath of allegiance. Receive naturalization certificate and apply for passport

 

Benefits

  • Choice of 6 different investment options.
  • Passport with visa-free travel to most of Latin America, Malaysia, Hong Kong, Singapore, Japan and South Korea
  • Possible visa liberalization with the European Union in the future
  • Turkey offers a world renown and vibrant city in Istanbul or the pleasure of its beautiful beaches on the Mediterranean coastSpouses and minor Children can also apply

 

 

Requirements

  • To show that he / she has good morality by acting with the sense of responsibility required to live together within the society, to give confidence to his / her environment with his / her behaviors, not to be badly disliked by the society and against the social values.
  • The health report determined by the Ministry of Health, stating that the person does not have a disease which is in danger of general health.

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