Turkish Citizenship By Investment
The Zatari Law Firm team helps you obtain Turkish citizenship by investment by providing the necessary information and advice and following up on requests to obtain Turkish citizenship.
There are several ways in which foreigners can obtain Turkish citizenship by investment, which we will explain in the following article.
The Turkish government recently issued many laws that allow foreigners to obtain Turkish citizenship by investing in different fields.
It has also amended these laws to make obtaining a Turkish passport easier and less expensive.
One of the most important of these amendments was the amendment to the law on obtaining Turkish citizenship by real estate investment.
As it became possible for foreigners to obtain citizenship by owning a property or several properties in Turkey valued at $ 250,000 instead of $ 1 million.
Turkish citizenship by investment
The types of investment by which it is possible to obtain Turkish citizenship are varied and can be summarized as follows:
Firstly: real estate investment
Foreign investors obtain Turkish citizenship when they buy one or several properties with the value that exceeds $ 250,000.
The application to obtain citizenship is submitted to the investor, the husband or wife, and children who are under the age of 18 years.
Among the other conditions that must be met:
– That the process of paying the property or real estate should be made through banks to document the purchase process via bank receipts.
– Obtaining the real estate appraisal from the designated authority.
– That the property purchase process takes place either from a person holding Turkish citizenship or from a Turkish company.
– For the foreigner to retain ownership of the property for a period of 3 years.
– The title deed must be ready.
Note: Our team is assisting you in preparing the legal documents required to submit applications for Turkish citizenship by real estate investment.
Secondly: Investing in bank bonds
Foreigners can obtain Turkish citizenship by investing in bank deposits by purchasing government bonds worth 500 thousand dollars. One of the conditions is that these deposits should not be withdrawn for a period of 3 years.
Our team can provide the necessary information and legal advice that helps foreign investors make the right investment decision.
When talking about investing to obtain Turkish citizenship, it is necessary to mention the advantages of obtaining the citizenship of this great country.
Advantages of obtaining Turkish citizenship
- The strength of the Turkish passport
As it ranks advanced in the world in terms of ease of obtaining a visa to enter most of the countries of the world.
In addition, there are more than 100 countries that allow the Turkish passport holder to enter it without an entry visa.
And it is easy for the Turkish passport holder to obtain a visa to enter European countries.
- Economic stability
The Turkish economy occupies a prominent place in the world and the investment options it provides to foreigners are varied.
It is worth noting that the Turkish economy last year surpassed the strongest economic bloc in the world.
- Ease of doing business
The Turkish laws governing the conduct of business and the establishment of companies are free of complexity and provide many facilities for foreigners wishing to invest in them.
It gives a great margin of freedom to entrepreneurs who choose Turkey because of its important geographical location, which gives it strategic importance.
You can contact us for a special and detailed consultation on investing to obtain Turkish citizenship.