Turkish Citizenship by Investment 2022. What are the prerequisites for obtaining citizenship by investment in Turkey?
The investment requirement for the minimum amount to apply for Turkish citizenship through investing in real estate increased in value from $250,000, to $400,000. on the 13th of June 13 2022. Following this date, in order to be able to apply for citizenship via investing in real estate the value of the actual estate(s) bought must amount to at or above $400,000.
5 Ways to Gain Turkish Citizenship are:
Turkish Citizenship by Investment – Purchase of a Property for 400.000$ and other 5 ways
Company Registration in Turkey & Work Permit (Calisma Izni) – 5 years
Citizenship at Birth
Citizenship through marriage
Citizenship through the purchase of property in Turkey at any price (75,000dollars)for 5 years after the date of 5 years
In accordance with the law, currently, it is possible to be granted Turkish citizenship through paternity, birth, marriage as well as through investing in Turkey.
Turkish citizenship through the Investment Program (TCBI) launched in January 2017 led to an explosion in the real estate market, attracting foreign investors from all over the world.
Turkish citizenship provides the possibility to have access to as well European as well as Asian markets to investors. Also, to acquire lifetime citizenship of a country that is engaged in full membership negotiations with the European Union.
Turkey allows foreigners to invest in different ways in the country and to gain the right to citizenship.
6 Alternatives of Getting Turkish Citizenship by investment
There are 6 methods to obtain Turkish citizenship by investment:
Turkish citizenship by investment 400.000 USD property
A fixed capital investment that is at least $500.000
Employing at least 50 people
At a minimum, 500 million Dollars (it could be equivalent to other currencies or Turkey Lira) worth of deposits at banks in Turkey are required to be accepted.
Condition: The deposit can’t be withdrawn from the bank for three years.
A minimum amount of 500,000 USD (or equivalent to another foreign currency or Turkish Lira) is required to be taken out to purchase
Condition: Securities issued by the government have to be stored for three years.
A real estate investment fund share or Venture Capital Investment Fund share valued at a minimum of 500 thousand Dollars should be bought.
The condition is that participation shares must be kept for 3 years.
Turkish Citizenship by Property Investment – Buying Real estate in Turkey worth a minimum of $400.000
The amount that can be used to obtain Turkish citizenship by property investment was increased from 250,000dollars to 400,000 dollars by the Decision of the President in June 13th, 2022. It is possible to apply for citizenship through the properties you already bought. The real estate value purchased between January 12, 2017 until September 18, 2018 must be at least one million dollars. Therefore, property amounts under $1 million that were purchased prior to the date of this event are not enough to be considered for citizenship applications.
You can acquire citizenship by investment in Turkey for yourself as well as your spouse and kids under the age of 18 with a promise to not sell it back for 3 years. A Turkish passport can be issued in 3 months.
Conditions:
The property needs to be purchased in cash.
The owner of the property you’re planning to purchase must be an Turkish citizen.
The title deed must be ready.
Has no problem in terms of debt.
When you buy 2 or 3 properties, which will total 400 million dollars. total.
Documents Required to be submitted for Turkish Citizenship Application
The documents required to obtain Turkish citizenship by investing at the stage of applying include:
(VAT-4) Form for Turkish citizenship through investment applications. Other forms for citizenship applications
Population Registration – Birth Certificate (For all family members)
Residence Certificate of Residence
Marital Status Certificate (Showing that the person who is buying the real estate for the benefit of the owner is married, single or divorced)
Certificate of Demise (If the applicant is widow, a certificate of the death of spouse)
Health insurance
4 Biometric Images (Taken on white backgrounds)
Passport
Parental Consent Letter (For children under 18 who will receive Turkish citizenship on behalf of the applicant. The letter must be signed by a notary or overseas representative, or the competent authorities of his / her country.
Note Important: Original and Notarized Turkish Translation of above Documents
10. A Power of Attorney (For authorization by the lawyer)
11. Certificate of Conformity
12. Receipt for Service Fee (Must be obtained from the Finance Cashier)
3 Stages of Getting Turkish Citizenship through Investment
How do I Apply for Turkish Citizenship?
3 stages to obtaining Turkish Citizenship through Property Investment are:
1. Obtaining the Certificate of Conformity
Following the transfer of Title deed, A certificate of conformity sought at the General Directorate of Land Registry and Cadastre together with;
Receipts for bank transfer,
Real estate valuation report for Turkish citizenship acquisition,
Notes of “cannot sell for 3 years” is included in the title deed or property sales Commitment Contract.
2. Demand in order to obtain a Turkish Residence Permit
To obtain a Turkey resident’s permit you should apply for the Provincial Migration Management with the necessary documents.
The investor has the right to renew the residence permit up to the time his / his citizenship process is complete.
3. Request for Turkish Citizenship
The application is then finalized through the application for Turkish citizenship by investing to the General Directorate of Population and Citizenship Affairs along with the residence permit as well as all the other documents you receive prior to this point.
After the applicationis submitted, the competent authorities review the application.
Once the eligibility of the application to become a citizen in Turkey is determined, the application is approved by President Recep Tayyip Turkey and the Turkish citizenhip process has been finished.
How Long Will It take to obtain Turkish Citizenship?
How long does it take to Gain Turkish Citizenship via investment?
It can take 3-4 months to be granted Turkish citizenship through investment in 2022 following the investment and have applied for citizenship. Also, it is feasible to obtain Turkish citizenship for family membersin the household: spouse (wife/husband) and children under 18 in one week, as long as the primary applicant was granted citizenship. Also, you can get the new Turkish Passport or ID Cards as soon as you have it. But, it could take between one and two weeks based on the appointment date to apply for getting the Turkish passport.
The total amount of the Turkish passport fees is updated for 2022.
As a result, 6 months passport cost will be 309.40 Turkish Liras
1 year – 450.80 Turkish Liras
2-Year 738 Turkish Liras
3 Years 3 Years 1048.70 Turkish Liras
From 4 to 10 years – 1478 Turkish Liras
Where can I apply to apply for Turkish Citizenship and Turkish Passport?
European Side General Directorate of Population and Citizenship Affairs | Turkish Citizenship by Investment
As of 17.12.2020 The General Directorate of Population and Citizenship Affairs has moved from the Zeytinburnu district of Istanbul. You could request Turkish citizenship by making an investment in the new headquarters of citizenship affairs. It is possible to make appointment to apply for citizenship through investment, Turkish identification card, Turkish passportand driver’s license from the General Directorate of Population and Citizenship Affairs website randevu.nvi.gov.tr/.
For citizenship application through five years of living in Turkey as well as Turkish citizenship through marriage, you can apply for citizenship through for citizenship through the Istanbul Provincial Directorate of Population and Citizenship located in the Fatih district.
10 Benefits of Getting Turkish Citizenship by Investment are:
The right to live in Turkey for the duration of residence in Turkey
You can take advantage of the strength of the Turkish Health system (free).
You can get the benefit of high-quality education institutions (free).
The right of work and investment opportunity in Turkey without any limitations
The right to citizenship is granted to spouses and children below 18 years old for the applicant
The right to obtain the E-2 Investor Visa in the USA for a five-year , renewable time
International incentives that are offered to Turkish citizens through bilateral or multilateral agreements, which includes but is not restricted to the Ankara Agreement
You’ll have the option to vote.
Turkey’s Republic of Turkey allows dual citizenship benefits.
Turkish citizenship visa-free countries Turkish passports allow you for travel in 111 different countries with the need for a visa, or to obtain one at the border. Special passport and Service Passport holders can travel to 146 countries with a visa and 9 countries will issue visas at the gate.
In the process of applying for Turkish citizenship, no one understands Turkish law rules better than the Citizenship lawyers. Furthermore, lawyers specialize in areas of study in particular areas.
The most experienced citizenship lawyers who have the expertise and experience of foreign citizenship will guide you in the right way and assist you in your transaction while avoiding complicated. The only person that can assist you with obtaining Turkish citizenship is a reputable lawyer.
The advantages that Turkish Citizenship Lawyers when applying for Citizenship
When you cooperate with lawyers for citizenship for your official processes which includes citizenship, you’ll be granted the following privileges:
determining if the property you’re looking to buy is suitable to Turkish citizenship and provides the most accurate details and advice.
Controlling the zoning status of the property, whether or not it has a building licence, and whether there are any restrictions, foreclosures and issues on the property.
Verifying the authenticity of the Real Estate Appraisal Report, which is required to support the application for Turkish citizenship. The report proves it is worth the real estate you bought is at or above USD 400.000.
Inquiring at the relevant official institution to obtain a Residence Permit.
Offering all legal assistance to assist you in your various processes beginning with the preparation of documents required to be submitted for Turkish citizenship and Turkish passports according to the regulations of the Law.
Follow the steps carefully until the final stage.
Other ways to obtain Turkish Citizenship
Turkish Citizenship at Birth
Turkish citizenship obtained by birth is gained spontaneously due to family ties or birthplace. Birthright citizenship takes effect from the moment of birth.
* In the union of marriage, any child born of the Turkish parent or mother who is a Turkish citizen in Turkey or elsewhere is a Turkish citizen.
* Exceptionally to the union of marriage A child born of a Turkish mom who’s a Turkish citizen as well as an outside father is Turkish citizen.
* Except for the marriage union, a child born of one of Turkish citizenship father with a non-Turkish mom can be granted Turkish citizenship, provided the procedure and the principles that establish the lineage are observed.
Turkish Citizenship by Marriage
Another way for foreigners to obtain Turkish citizenship is to marry. The union of with a Turkish citizen is not enough to allow an outsider to be granted citizenship in the first place.
Conditions for Turkish Citizenship by Marriage;
1. The foreigner has to have been married to a Turkish citizen for at least 3 years. Furthermore, continuing marriage is a requirement.
2. In a familial unit,
3. It is forbidden to engage in activities incompatible with the marriage union.
4. An absence of an event that would pose a danger in the area of national security and public order.
Turkish Citizenship General Application for Citizenship by Buying Property in Turkey at any Value (Minimum 75,000$)
The possibility exists to acquire Turkish citizenship within five years through the purchase of property at any price, but it should cost an amount at least 75,000dollars. Foreigners with an uninterrupted stay in Turkey for 5 years , and who have the special residence permit that is only available to property owners are able to obtain Turkish citizenship with a simple application. You must apply for a special residence permit for immovable property owners who have a title deed on a regular basis during these 5 years. You shouldn’t be in Turkey for more than 12 consecutive months during this time. A Turkish passport is issued after three months.
Take note (Touristic as well as student permits aren’t applicable for this method of obtaining citizenship so be mindful of applying for a residence permit along with you title deed.)
The process of obtaining citizenship is governed by a decision of Competent Authority
In this manner, the citizenship file is given for foreigners who wish to acquire Turkish citizenship and meet the necessary conditions for application. The application is submitted directly to the Ministry of Internal Affairs for the Ministry of Internal Affairs to make a decision.
The necessary investigations and research are carried out by the Ministry. Following this process, those who have been deemed to be eligible to become citizens acquire Turkish citizenship by a decision of the Ministry.
In the wake of the investigation and examination, the request of foreigners who’s situation is not considered to be acceptable is rejected at the discretion of the Ministry.
Adoption is the process of acquiring citizenship through adoption.
If a non-adult , foreigner is adopted by the Turkish citizen, they can gain Turkish citizenship at the time of the adoption decision. In this case the person receiving Turkish citizenship shouldn’t pose an issue in the sense of national security or public order.
The right to become a citizen is acquired through the right to Choose
According to the citizenship law the father or mother may be denied Turkish citizenship for various reasons. If the father or mother have not been granted Turkish citizenship requests, their children are denied Turkish citizenship with the permission of the other parent.
According to the situation above, children who lost Turkish citizenship can gain Turkish citizenship through using their right to choose within three years following the time they turn adults.
Prime Property Turkey
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