Foreign investors are allowed to apply for Turkish citizenship by investing in Turkey. With recent legislative reforms, the Turkish Republic has begun to issue Turkish citizenship to those who invest in Turkey without requiring a minimum residency period.
The Turkey citizenship by investment program enables business owners to obtain access to Asian and European markets while also acquiring lifetime citizenship.
The Turkish citizenship option has become even more appealing since the minimum investment amounts have been reduced in 2018. The whole procedure may be completed in just three months by our immigration lawyers in Istanbul.
Turkish citizenship is also awarded to the applicant’s dependent family members, with no necessity for family members to make separate investments in Turkey.
In 2016, the Turkish citizenship by investment program (also known as the Turkey Golden Visa) was introduced. Within three months, overseas investors may receive a Turkish passport.
Purchasing real estate worth at least $400,000 is the required minimum amount. Other choices include buying government bonds or creating a business in Turkey that will employ Turkish residents. You must hold your money for a minimum of three years in Turkey.
The following are the required minimum investment limitations for the Turkish citizenship program:
Citizenship in Turkey is given after three to six months of investment by the applicant. The candidate must commit to the investment for at least three years.
The website for non-Turkish national citizenship and passports may be accessed online or in person at the Ministry of Interior Directorate General of Migration Management, with 250 offices around Turkey. After the foreign person’s name has been published in the Turkish Official Gazette, Turkish citizenship will be granted and finalised.
Foreigner applications for Turkish National ID cards and Turkish Drivers Licenses are submitted online by appointment only to the Ministry of Interior Directorate General of Population and Citizenship, with 850 office sites across Turkey.
What is Required For Eligibility For Turkey Citizenship By Investment?
To be eligible for the Turkey citizenship by investment program, the main applicant must be:
In addition, the person must have the following papers to be considered for the program.
A Quick Overview of The Turkish Citizenship By Investment Process
Turkish residency by investment processes is as follows.
Does Turkey Allow Dual Nationality?
Yes, dual nationality is permitted in Turkey. You may keep your existing nationality if you get a Turkish passport as an investor. However, for dual citizenship to be conceivable, both nations’ nationality rules must allow it. If your present country of citizenship does not allow dual citizenship, you must give up your current citizenship before applying for a Turkish passport.
Where Can You Get an Eligibility Certificate For a Turkish Investor Visa (Turkey Investor Visa)?
You must apply to the following institutions (depending on the type of your investment) to receive a Certificate of Eligibility for investing in Turkey: