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Turkey, a wonderful country offering access to both European and Asian nations, is much in demand among people seeking a destination for second citizenship. The best aspect of Turkey is its location, as a part of it is placed in Europe while another part is placed in western Asia.

A country of cultural beauty, Turkey has much to offer when it comes to heritage, cuisine, and economic ventures. Thus, it has not only become a renowned tourist destination but also tops the list regarding citizenship-by-investment programs.

If you are also seeking valuable information about how to obtain Turkish citizenship by investment, you can always get help from consulting platforms, such as the Global Residence Index.

Get relevant details about the program at Global Residence Index page: Turkey Citizenship by Investment – Turkish Passport by Investment.

Guide To Obtaining Turkey Citizenship-by-Investment Program

Here is detailed information about how to obtain the Turkish Citizenship-by-investment program.

Launched in the year 2017, the Türkiye Citizenship by Investment Program, previously known as the Turkish citizenship-by-investment program, was initiated to improve its real estate growth rate.

The application process allows foreign investors to select from different investment options for making a contribution. In return, these foreign nationals can get an opportunity to obtain the country’s citizenship.

The minimum investment contribution as set by the Government of Turkey for participating in the program is $400,000.

What are the Eligibility Criteria To Participate in the Türkiye Citizenship by Investment Program?

To participate in the Türkiye Citizenship by Investment Program, the investor should:

• Be 18 years or older.

• Have not stayed in Turkey illegally.

• Not have any kind of criminal record.

• Have made proper investments in the channels set by the Government of Turkey.

• Have made investments through legal funds only.

Investment Channels Set By the Turkish Government for Participating in the Citizenship-by-investment Program

Let us walk through some of the investment options set by the Turkish Government for getting through the program.

• Invest a minimum of $250,000 in the real estate sector in the property, having a restriction on the property’s resale for a minimum of three years. The Ministry of Environment and Urbanization must have verified the purchase of the property.

• Investment a minimum amount of $500,000 in a fixed capital investment set up as verified by the Ministry of Industry and Technology.

• Get government bonds that are worth $500,000 and cannot be sold again for a period of three years. Furthermore, the Ministry of Treasure and Finance should have verified this purchase.

• Make an investment of a minimum amount of $500,000 in the real estate investment fund shares or venture capital investment funds. Again, these shares cannot be resold and should be verified by the Capital Markets Board of Turkey.

• Deposit a minimum of $500,000 in the Turkish bank with an agreement of not withdrawing the amount for a period of at least three years. The Banking Regulation and Supervision Agency should have verified this deposit.

• Create jobs for at least 50 people, and the jobs should be verified by the Ministry of Family, Labor, and Social Services.

What Are the Benefits of Getting Turkish Citizenship-By-Investment?

Though there are multiple benefits of acquiring a Turkish citizenship-by-investment program, here are some of the imminent ones:

• The foreign investor gets a chance to reside, work, and study in Turkey and enjoy the same rights as an ordinary citizen. Be it the right to purchase a property, rent it out for additional income, get an education for your kids, or move to the country with family, this program receives all the benefits under one umbrella.

• A Turkish visa implies that the person can travel visa-free to nations such as Singapore, Hong Kong, Mexico, Japan, parts of Latin America, and South Korea. Also, a person with a Turkish passport can apply hassle-free for a Schengen visa after submission of proper documents.

• The investors can bring their close family members, such as spouses and kids who are below the age of 18 years, and even their dependent parents. Once acquiring the visa, the entire family can access the country’s healthcare system.

• Turkey citizenship provides an opportunity to apply for an E2 visa in the US. The citizens of nations having trade treaties with the US can get an E2 visa. Since Turkey and the US enjoy trade treaties, Turkish citizens can apply for the E2 visa here.

• There is no minimum requirement to stay in Turkey for a time period or learn the language of Turkey to participate in the country.

• Since Turkey permits dual citizenship, investors need to stay in their home country’s citizenship. This comes as a benefit for people who want to keep their commitments made in their home countries.

• Turkey does not demand a donation amount from the investors for participating in the residency program. Instead, Turkey offers different investment channels for investors where they can make their contributions.

Final Thoughts

People who are seeking new and profitable business opportunities, improved life conditions, good education, and healthcare facilities do think about the Turkish citizenship-by-investment program.

The need remains to get proper assistance from an expert platform, such as the Global Residence Index, which can get investors to walk through the citizenship program with ease. Happy investing to obtain Turkish citizenship!