How to get Turkish citizenship by investment? (2024)

How to get Turkish citizenship by investment?

To qualify for Turkish citizenship by investment, you must acquire at least $400,000 worth of real estate, invest a minimum of $500,000 in fixed capital contributions, or deposit at least $500,000 into a Turkish bank account.

How much should you invest in Turkey to get citizenship?

To acquire Turkish citizenship, Indian citizens can invest in various ways, such as Turkish real estate, government bonds, a Turkish bank, or a direct capital transfer. However, a minimum investment of around $4,00,000 to $5,00,000 is required, which varies based on the type of investment the applicant chooses.

Can you get Turkish citizenship by buying property?

Can a foreigner buy property in Turkey? Yes, they can. If the property cost is $400,000 and above, said foreigner is eligible for applying for Turkey citizenship. If the property costs less than $400,000, the buyer is not eligible for citizenship, but it is still possible to buy the property.

Can a US citizen get Turkish citizenship?

‣ You can apply for Turkish citizenship if you reside in Turkey with a stateless person identity document or as a resident for 5 years without interruption.

What is the fastest way to get Turkish citizenship?

There are several ways to get a Turkish passport: investments, naturalization, and marriage. The fastest way to get it is an investment in the Turkish economy.

Is it worth getting Turkish citizenship?

With a Turkish passport, you can experience visa-free access to 126 countries, including destinations like Japan, Singapore, South Korea, and many more. US visas. The passport also facilitates obtaining a dual-purpose B-1/B-2 US tourist and business visa with a long validity of 10 years.

Which country gives fastest citizenship by investment?

For instance, Vanuatu's citizenship program processing is completed in one or two months. That is the fastest citizenship by investment program. Business and Investment Opportunities: Second citizenship can open up new business and investment opportunities.

Can I get residency in Turkey if I buy a house?

Yes, you can get permanent residence in Turkey by various methods such as real estate investment worth at least 75 thousand dollars, continuing education in Turkey, work visa, marriage and establishing a company in Turkey. How many types of residence permits are there in Turkey?

Is it hard to get citizenship in Turkey?

Foreigners can obtain these benefits and get a Turkish passport by investing at least $400,000 in the country's economy. The process of obtaining citizenship typically spans six to eight months, with the potential for investment returns within three years.

Does Turkey allow dual citizenship?

Dual citizenship is recognized in Turkey. You are not required to renounce your previous nationality to become a citizen of Turkey.

Can a US citizen live permanently in Turkey?

Foreign nationals who have been in Turkey on several short-term visas are eligible for long-term residency permits. A permanent residency permit may be obtained in Turkey after a period of eight years stay, allowing you to remain in the country permanently.

What happens if I marry a Turkish citizen?

Foreigners who have been married to a Turkish citizen for at least three years and whose marriage is ongoing can apply to acquire Turkish citizenship. If the marriage ends due to the death of the Turkish citizen spouse after the application date, the requirement to live within a family union is not sought.

How much cash can I take out of Turkey?

- There is no limit to the amount of foreign and Turkish currency to be brought into Türkiye. - More than US$5000 worth of Turkish currency can not be taken out of the country. - Up to US$5000 worth of foreign currency can be taken out of the country.

How long does it take to get Turkish citizenship?

Foreigners who stay in Turkey for 5 years or more with a work permit cannot become citizens directly. They are only entitled to apply for Turkish Citizenship. Citizenship procedures take between 2 – 2.5 years depending on the busy schedule of the Population and Citizenship Directorate.

How to get Turkish citizenship by ancestry?

Key Takeaways on Turkish Citizenship by Descent

Eligibility hinges on having at least one Turkish parent or proving Turkish or Ottoman ancestry. The application process involves providing documentation to prove lineage and meeting set requirements like a clean criminal record and proof of Turkish ancestry.

How long does it take to apply for Turkish citizenship?

Q: How long does the application process take? A: Citizenship applications are processed fast - usually it takes 3 to 6 months from start to finish. The Turkish government is eager to reduce the time required, which would make the application process even faster.

What are disadvantages of the Turkish citizenship?

Disadvantages of Turkish citizenship :

Turkish citizenship holders lose some of the benefits of the Temporary Protection Law, such as inspection and free medicines. Turkish nationals lose the right to benefit from Turkish scholarships.

What are the disadvantages of living in Turkey?

Very Difficult to Find Work

For most people, one of the biggest downsides of living in Turkey is that you can't work without a work permit. And those work permits aren't easy to get. If you want to work for a Turkish company, the employer must prove that a Turkish person cannot do the job they want to hire you for.

Which country is hardest to get citizenship?

What is the most powerful passport?

What is the easiest passport to get in the world?

EASIEST PASSPORT FOR CITIZENSHIP BY DESCENT: NEW ZEALAND

But among these, New Zealand citizenship by descent is probably the quickest and least expensive path to citizenship and a passport. Its program is fairly streamlined and straightforward.

Is it smart to buy a house in Turkey?

Is Turkey good for real estate? While there are risks of buying property in Turkey for foreigners, Turkish real estate prices are considerably cheaper than countries like the United States, Australia, and the UK.

Can Americans buy land in Turkey?

USA citizens can acquire real estate in Turkey in accordance with international agreements and the principle of reciprocity. Only the property should not be close to the military zones, coastal borders and the total area of ​​the land should not exceed 30 hectares.

Is it safe to buy property in Turkey?

Yes, foreigners are generally allowed to buy property in Turkey. The Turkish government has implemented various regulations and laws over the years to facilitate foreign ownership of real estate in the country.

What is Turkish blue card?

Blue Card is issued only to people who become Turkish citizen by birth and renounced their citizenship by obtaining permission to renounce it. People who acquired Turkish citizenship by naturalization or by means other than birth cannot have a Blue Card. Blue Card does not have any validity period.