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Turkish Citizenship Investment Program
In particular, Turkey is an E-2 treaty country and Turkish citizens can obtain a US investor visa for an initial period of 5 years. In addition, Turkish citizens can apply directly turkish citizenship for a US green card if the investments are bigger than $900,000 for rural areas and $1,800,000 for all others. Other business visas such as EB-1, O-1, and L-1 are also available.
While the Netherlands has a foreign debt of 4.2 trillion and Ireland 2.8 trillion, Turkey has only 430 billion dollars of external debt. Turkish citizenship is valid for your future children and grandchildren. Another file needs to be opened for your parents and other relatives, in which an investment of 250,000 dollars should be opened.
Turkey Citizenship Was Granted To 7,312 People Who Gave 250 Thousand Dollars
In the acquisition of real estate by foreign citizens in Turkey, first of all, the amount of land area of real estate is limited. According to this regulation, the acquisition of 30 hectares of real estate is allowed. In addition, military prohibition and security zones are also closely monitored. It is controlled whether the area where a foreign citizen requests to acquire a real estate is in military or security zones or not.
The share of the fund ownership shall remain in the foreign investor’s possession for three years. This article has been shared by our intern attorney in Ankara, Turkey Yusuf Bilal Saracoglu. He is available to help you become a Turkish citizen through investment. The amounts determined in the Presidential Decision can be in Turkish Lira or equivalent foreign currency over the dollar rate. The Turkish Government will examine the file of each individual foreign investor and based on their research they will finalize the application.
Do You Have Some Contacts From The Local Real Estate Developers That You Can Introduce To Us?
This quickly turned the program into one of the most attractive CBI programs in the world, and the number of applicants skyrocketed. Since the threshold was lowered, an average of 800 applicants a month are approved for economic citizenship in Turkey. Let us offer you great options with high return of investment + citizenship guaranteed projects. Rather than those criterias, also having 50 staff by meaning that providing jobs to 50 Turkish people will allow you to apply for Turkish Citizenship. In Golden Real Estate we have collected all questions related to obtaining Turkish citizenship with all the information necessary to obtain Turkish citizenship. After purchasing the property, a committee is sent to evaluate the value of the property.
A wealthy country with world-class healthcare facilities, natural resources, and food cuisines (high-class health services compared to the United States and the European Union). An immigrant-friendly Eurasian country with the most welcoming attitude to foreigners. A democratic and safe country with a Muslim majority, that offers security and preservation of the rights of families and individuals alike.
Indeed, Turkey has one of the most promising real estate markets in Europe and thus offers great opportunities for real estate developers and investors. Urban renewal and mega projects dominate the agenda for the foreseeable future, particularly in Istanbul. Key projects in the city include, but are not limited to, Marmaray, Canal Istanbul, Yavuz Sultan Selim Bridge, Eurasia Tunnel, and Istanbul’s 3rd airport. The Turkish government requires to know the official confirmation of property value evaluation. Property should be evaluated by officially authorized value experts and “Real Estate Evaluation Report” is needed to be taken.
Persons mentioned in the 13th and 43th articles of the Law may regain their Turkish citizenship without having to reside in Turkey in accordance with having no obstacle conditions of national security. The acquisition of Turkish citizenship is only possible after the decision of the competent authority or the adoption or the right to choose. Turkish citizenship, which is earned on the basis of descent, is the citizenship that is acquired by the establishment of the family ties with the Turkish citizen. Upon the notification, Turkish citizenship is gained from birth. A child born in or outside of Turkey who is born or is a father of a Turkish citizen, is a Turkish citizen since its birth.
Foreigners Whose Purchase Of Real Estate Worth 250,000 Usd Or The Equivalent, Can Obtain Turkish Citizenship!
Now you know what procedures are involved in, and what documents are required for, acquiring citizenship of Turkey by investment. If you would like to obtain a second passport of Turkey, please apply for our assistance. According to the latest news, the Government of Turkey intends to accelerate the process of citizenship acquisition by foreign investors. In particular, ‘investor support offices’ have been set up in Ankara and Istanbul. After all the application documents have been collected and submitted to the Turkish authorities, between three and twelve months is going to pass before citizenship of Turkey is granted to the foreign applicant. The minimum worth of property of US$ 250,000 is applicable only to those pieces of real estate that were purchased after September 18, 2018.
You must buy one or more real estate to achieve the 250,000 USD requirement. Original payment receipts from the buyer’s account, stamped with a live seal from the sending bank. A copy of the Tapu , or the contract of the promise to sell with the notary public . As the application date, the date on which the person’s form petition is recorded by the application authority is taken as the basis. Certificate of civil status and marriage certificate if married, divorce certificate if divorced, death certificate of his spouse if widowed. Answer.Well, It is not very complicated, however, it is always nice to have an expert.
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Previously, the sale price of the real estate indicated in the official deed shall not be less than amount which is stated in the real estate value assessment report. Generally, it takes 3-4 months to get a citizenship application accepted. Turkish citizenship by direct real estate investment, requirements of eligibility and application steps for citizenship are quite easy in Turkey.