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Turkish

• You can be a Turkish citizen with the condition that you can take back all investments along with legal revenu es 3 years later. • The amount of the transaction must be paid to the seller via bank transfer. The buyers are obliged to present the bank receipts to prove that the transaction fee is transferred to the seller. • It is required to provide an official document todemonstrate your current address. Investors are able to acquire a single property or several properties, as long as the total amount meets the USD 250,000 requirement. After 3 years the property can be sold without affecting the citizenship status of the investor.

• Applicants must have lived in Turkey continuously for 5 years before application (Short-term touristic residence permits are not applicable). • Turkish citizens can benefit from free pension programs provided by the government. • All Turkish citizens can benefit from free education and health services. PSL Law aims to provide added value to its clients in business life with its business discipline and regular business follow-ups and aims at sustainable success with the right values, working culture and principles. Qualified services and satisfaction of our clients are the most important elements for us.

What Is The Steps Of The Application Procedure For Foreign Investors?

​Interest rate for USD is between % 1,80 and % 2,20 per year after tax deduction but it changes all the time. ​It takes approximately 6 months however due to number of application files; such duration may be shortened or extended. ​Yes, you have to deposit such amount to the bank at a date after September 19, 2018. However if you have deposited such amount before September 19, 2018, you can withdraw your money and deposit it again.

The other condition is to attach an annotation of no-sale for at least three years. For 3 years, the real estate in question must remain registered on behalf of the main applicant, not be sold or transferred in any form. The nature of the real estate in question may be residential, land, workplace and similar. Without going into too much detail, a Turkish citizen can travel to the countries colored below, exempt from visa. Of course, a Turkish citizen to travel to another country or someone who acquired Turkish citizenship through investment. After becoming a Turkish citizen, all Turkish citizens are the same.

B Legal Basis Of Turkish Citizenship Investment Program

If a male applicant with multiple wives applies for citizenship, only one of the spouses will be eligible. The trade between the seller and the buyer should be proven by bank receipts and can only be happening through banks. ​We actively take part in the following phases to manage the process under the best possible legal framework.

It was established to offer trusted and best-in-class service in the real estate sector, which opened its doors to foreign investment on the heels of the new Real Estate Law in May 2012. Turkey has now reduced required limits for foreigners to acquire Turkish citizenship to encourage investment, according to new regulations published in the country’s Official Gazette. Prepare citizenship application documents for Client, his wife and children. The investment amounts are specified in US dollars, but you can invest in any currency that you’d like. For example, if you’d like to make a deposit at a Turkish bank, you can make it in any currency that the bank will accept and hold. If you make an investment in Turkey but don’t live there, you won’t be liable to pay income tax.

Turkey allows foreign nationals to invest in different channels in the country and to obtain the right to citizenship. Passport or passport substitutes of foreigners applying for a residence permit must be 60 days longer than the requested residence permit. As can be seen, not everyone who invests can acquire citizenship through investment. These investments must bear certain characteristics or exceed certain monetary amounts.

Based on these regulations, investment amounts were rearranged for the acquisition of Turkish Citizenship and conveniences were provided for foreigners to apply for Turkish Citizenship. It is very easy to acquire Turkish citizenship through investment, just call us. The Republic of Turkey, who rushes to the aid of all humanity and people, and its Encouraging guest Per ver people, staying permit turkey extends a helping hand to any region of the world such as Syria, Libya, Palestine, Myanmar, Iraq, where cries for help arise. Turkey is the country that provides the most foreign aid in proportion to its income in the world. Turkey is the country that hosts the highest number of refugees in the world. Different individuals desire Turkish citizenship for different reasons.

Turkish Citizenship For 250 000 $!

Invest $250,000 in real estate and get your Turkish Passport in less than 2 months. We are one of the oldest, most established companies, processing residency applications for more than 20 years. Yes, for example, if the applicant has a dependent family member, he/she can also apply for this member in order to get Turkish citizenship. Experienced lawyers prevent you from losing time by directing you right. It also organizes all your Turkish citizenship processes for you.

Unfortunately, Syrian citizens cannot purchase property in Turkey. After getting title deed or notary contract lawyer will put “Not To Be Sold For 3 Years” in title deed office. Would you recommend going for a Turkish citizenship or a Grenada citizenship before applying for the E2 visa. Would also like to know if the amount invested in real estate in Grenada is recoupable or not.

Deposit At Least 500,000 Usd To Bank

In fact, it is more of a procedural step on the way to acquiring the citizenship as the program requires no minimum stay to gain eligibility to apply for citizenship, allowing investors to continue living abroad throughout the whole process. The minimum amount of investment has decreased recently from one million dollars to 250,000 USD. The Turkish government believes that the applied changes in the program’s policy will benefit the investors as it lowers the risks for the foreigners. The new rules have facilitated acquiring Turkish citizenship for those who intend to buy a property.

Purchase at least USD 500,000 or equivalent foreign currency or Turkish lira worth of government bonds with the condition that they cannot be sold for at least three years, as attested by the Ministry of Treasury and Finance. Is it possible to acquire Turkish citizenship without my presence? Turkish work permit Yes, this can be done by making an official power of attorney at the Turkish embassy in your country for the legal team in damasturk, and we will go through all the procedures for you. The directorate general of land registry and cadastre approves the application within 3-7 days.

In addition to the legal requirements, valuation reports are always for your benefit. Valuation reports will make you learn all the legal issues, legal restrictions and conditions about the staying permit turkey property subject to the investment. The market value and the rental value of the property is estimated in an accurate way. We can provide you with the reports in every language you need.