How to Get Turkish Citizenship. Turkey is a geostrategically crucial country since it sits on the crossroads of Europe and Asia. Today, obtaining Turkish passport has become a demand for many nationalities all over the world. As Turkish passport includes a plenty of benefits and advantages that many other passports do not include. For instance, Turkish passport is valid for traveling to more than 113 countries as well as taking E-2 B-1/B-2 visas to the USA and C-2 visas to Schengen states for several years.
Moreover, on the basis of Guide Passport Ranking Index, Turkish passport is currently ranked 53rd among global passports globally.
That’s why many foreigners are willing to obtain Turkish citizenship.
One interesting way to obtain Turkish citizenship is through investing in real estate market in Turkey for 400000 USD or above. Other than that,
real estate visa itself is the purpose of many foreign investors because it allows them to access European and Asian markets.
So what are other ways of obtaining Turkish citizenship through investment?
1- Turkish citizenship through real estate investment
Basically, Turkish Citizenship by Real Estate Investment Program allows foreign investors to acquire Turkish citizenship by making a qualifying real estate investment in the country. This program was introduced in 2018 to attract foreign investment and boost the real estate sector. The process involves specific requirements and steps as:
Investment Amount: To be eligible for Turkish citizenship through real estate investment, an individual must make a minimum real estate investment of $400,000 USD or its equivalent in Turkish lira.
Property Acquisition: The investor must purchase a property in Turkey with a title deed (also known as Tapu) in their name or their company's name. The property can be residential, commercial, or a combination of both.
No Residency Requirement: Unlike some other citizenship by investment programs, Turkey's real estate investment program does not require applicants to reside in Turkey for a specific period before or after obtaining citizenship.
Multiple Properties: The $400,000 investment can be made in one or multiple properties as long as the total value meets the required threshold.
Property Valuation: The value of the property is determined based on the official appraisal conducted by authorized appraisal companies in Turkey.
Application Process: Once the investment is made, the investor can apply for Turkish citizenship through the Directorate General of Migration Management (DGMM).
Background Checks: The Turkish authorities conduct a thorough background check on the applicant to ensure they meet all eligibility criteria.
Family Inclusion: The program allows the main applicant's spouse and dependent children under the age of 18 to be included in the application. Each family member must also fulfill the required investment amount.
Dual Citizenship: Turkey permits dual citizenship, allowing investors to retain their existing citizenship while obtaining Turkish citizenship.
Processing Time: The citizenship application process typically takes a few months, and once approved, the investor and their family members become Turkish citizens.
Benefits of Turkish Citizenship: As Turkish citizens, investors and their families gain various benefits, including visa-free or visa-on-arrival access to numerous countries, social security benefits, access to free public education, and the right to live, work, and own property in Turkey.
2- Turkish citizenship through government investment
It is also possible to obtain a Turkish passport either by depositing $ 500,000 as a deposit in a Turkish bank for a period of three years, or by purchasing government bonds of the same value and keeping them for three years as well. You can also invest $500,000 in fixed assets under the supervision of the Ministry of Industry and Technology.
By ensuring that the investment made satisfies the requirements for approval by the Banking Regulation and Supervision Agency. The foreigner's signed statement stating that the deposit to be submitted to the bank where he deposited the deposit will be kept in the bank for three years and that he or she has requested to obtain citizenship through investment, as well as the foreigner's address and contact information, are required in order to obtain this certificate of conformity.
3- Turkish citizenship by creating job opportunities
As part of Turkish Citizenship by Investment Program, foreign investors can become eligible for Turkish citizenship by creating job opportunities in the country. This particular option is designed to encourage foreign investment that leads to employment generation and economic growth in Turkey. So entrepreneurs can obtain a Turkish passport by establishing a company and providing at least 50 jobs under the supervision of the Ministry of Labor and Social Security. However, the process involves the following steps:
Job Creation Requirement: To qualify for Turkish citizenship through job creation, the investor must create a specific number of jobs for Turkish citizens. The exact number of jobs required to meet the eligibility criteria is determined by the Ministry of Family, Labor, and Social Services.
Business Establishment: The investor needs to establish a business or invest in an existing business in Turkey to create the required job positions. The business can be in any sector, including manufacturing, services, technology, tourism, or other industries.
Job Verification: The created job positions must be verified by the Ministry of Family, Labor, and Social Services to ensure that they meet the required criteria for job creation.
Employment Period: The investor needs to maintain the job positions for a specific period, as specified by the Turkish government. Typically, this period is a minimum of three years from the date of job creation.
Citizenship Application: After successfully creating and maintaining the required job positions for the specified period, the investor can apply for Turkish citizenship through the Directorate General of Migration Management (DGMM).
Background Checks: The applicant's background will be thoroughly checked by the Turkish authorities to ensure they meet all eligibility requirements.
Family Inclusion: The Turkish citizenship obtained through job creation extends to the investor's spouse and dependent children under the age of 18, allowing them to become Turkish citizens as well.
Dual Citizenship: Turkey permits dual citizenship, so the investor and their family members can retain their existing citizenship while becoming Turkish citizens.
Benefits of Turkish Citizenship: As Turkish citizens, the investor and their family members gain various benefits, including visa-free or visa-on-arrival access to numerous countries, social security benefits, access to free public education, and the right to live, work, and own property in Turkey.
Advantages of obtaining Turkish citizenship
What are common advantages of obtaining Turkish citizenship through investment?
The procedures of submitting applications and even obtaining Turkish citizenship are easy and fast. You can become a Turkish citizen within a period that may not exceed two months.
Turkish citizenship by investment program allows investors access to European and Asian markets as well as lifelong citizenship of a country in the process of full membership negotiations with the European Union.
Visa-free travel to more than 110 countries and territories around the world including Japan, South Korea, Hong Kong and Singapore.
Ease of obtaining an E-2 visa for the United States of America, through which Turkish citizens can move to the United States and establish commercial projects in it.
There are no residency requirements which means that you can obtain Turkish citizenship without having to reside in Turkey.
You will not be asked to give up your second or third citizenship, or even disclose your finances.
Enjoying the full rights of Turkish citizen in terms of ownership, inheritance and establishment of companies
Turkey is a strong country politically, economically, culturally, educationally, and healthily as Turkish citizens get free education and medicine beside the medicine and education in Turkey occupy advanced positions in the world.
No need for an interview, Turkish language test or any academic or job experience.
Citizenship of a country with a mild Mediterranean climate, beautiful landscapes and a high standard of living.
The geographical location of Turkey connects Europe with Asia and Africa, and this makes Turkey a huge export platform, to all countries of the world, in various fields, as the country has concluded trade exchange agreements in the Middle East, Africa and Europe.
Hence, the diverse investment options offered by Turkish citizenship investment program for foreign investors have multiple investment options, including real estate, capital investment, job creation, or bank deposits, providing flexibility to suit their preferences and financial capabilities. Apart from that, investors could access to Turkish and EU markets through Turkey's customs union agreement with the European Union that providing expanded business opportunities. Additionally, the visa-free travel or visa-on-arrival access to numerous countries, facilitating international travel and business mobility.
In other words, the benefits of obtaining Turkish citizenship are very wide and they extend even to the investor's spouse and dependent children under the age of 18 to enjoy all the rights of Turkish citizens.
