LOCATION: Located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeastern Europe
 
POPULATION: 8,46,58,804
LANGUAGE SPOKEN: Turkish
 
CURRENCY: Turkish Lira
CAPITAL: Ankara
 
NEAREST AIRPORT: Istanbul
 
MAJOR INDUSTRIES: Agrofood, Construction, Textile, Tourism and Steel

TURKEY

Turkey is one of the most historically, politically, and economically important nations in the world. It is one of the fastest growing economies in the world with an average annual GDP growth rate of 5.5%. Turkish economy has more than tripled over the past 16 years. It is driven by a robust domestic market and entrepreneurial private sector which has spurred investments and exports. Turkey is widely considered to be a great country for doing business. A large number of multinational corporations’ view Turkey as the perfect place to open a head, or regional office, because of its strategic location, excellent logistics, and favorable tax policies.
Turkey officially announced citizenship by investment program in Sep 2018 to encourage foreign investment and boost growth in real estate sector. It has emerged as a new haven for the biggest citizenship by investment program in the world in 2020 . It remains cheapest real estate citizenship program in the world.
turkey.jpg

TURKEY CITIZENSHIP BY INVESTMENT PROGRAM

​The following are the main ways in which investors could qualify for Turkish citizenship:
  • Purchase an immovable real estate asset of $250,000, or more, and hold onto it for a minimum of 3 years (the value of the property must be approved by the Capital Markets Board)
  • Create jobs for at least 50 Turkish citizens
  • Deposit $500,000, or the Lira equivalent into a Turkish bank account, and keep it there for a minimum of 3 years
  • Invest a minimum of $500,000 into a Real Estate Investment Trust (REIT), for at least 3 years
  • Purchase $500,000, or TL equivalent of government bonds, and hold onto for at least 3 years.
Applicant Requirements:
  • Make a qualifying investment in Turkey. 
  • Hold the investment for a minimum of 3 years.
  • Have a clean criminal record.
  • Not have entered or stayed illegally in Turkey. 
  • Obtain health insurance coverage
Turkey Citizenship by Investment Program Benefits:
  • Popular real estate investment program.
  • Rental income and option to re-sell the property in 3 years. 
  • Visa Free access to 110+ countries including Singapore, Japan, Qatar and South Korea.
  • Option to relocate to the UK and establish your business as a Turkish business person.
  • Fast track passports for family within 3 months.
  • No interview or language tests.
  • No residence requirements.
  • Inclusion of dependent children under the age of 18. Adopted children can be included.
  • E-1/E-2 visa treaty with United States.
  • Dual citizenship unrestricted in Turkey.
  • Interesting program offering Govt bonds and bank deposit option for citizenship.
  • Right to vote and hold Govt offices.
  • Citizenship is permanent and passed down to future family generations.
  • Simple and easy application process.
Application Processing Time: 3–6 months
Minimum Stay Requirement: Residing in Turkey for particular period of time before or after acquisition of Turkish Citizenship by Investment is not obligatory.
PROGRAM REQUIREMENTS
Disclaimer:
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.