Turkish Citizenship by investment 2022. What are the prerequisites to be met in order to get Turkish citizenship by investment?
The investment threshold required to be able to apply for Turkish citizenship by real estate investment increased between $250,000 and $400,000 as of June 13 2022. On or after this date, to be eligible to apply for citizenship through real estate investment the worth of the real estate(s) bought must amount to at least $400,000.
5 Ways to Get Turkish Citizenship are:
Turkish Citizenship by Investment purchasing a property for 400.000USD and various other methods
Company Registration in Turkey and Work Permit (Calisma Izni) up to 5 years
Citizenship by birth
Citizenship through marriage
Citizenship by Buying Property in Turkey at any Value minimum (75,000dollars)(after 5 years).
According to the law, now it is guaranteed to gain Turkish citizenship through marriage, birth, paternity and by making an investment in Turkey.
Turkish citizenship through the Investment Program (TCBI) launched in January 2017 triggered an accelerated growth in the property sector and attracted foreign investors from all over the world.
Turkish citizenship gives the chance to access the European as well as Asian markets for investors. Furthermore, it is possible to gain lifetime citizenship of a country that is going through negotiation for full-membership with European Union.
Turkey permits foreigners to invest through various channels within the country, and to obtain the right to citizenship.
6 Options for Getting Turkish Citizenship by Investment
There are 6 ways to obtain Turkish citizenship through investment:
Turkish citizenship through investment 400.000 USD property
Setting up a fixed capital investment worth a minimum of $500.000
Employing at least 50 people
An amount of at least 500 thousand dollars (it may be equal to other currencies or even Turkey Lira) worth of deposits to banks operating in Turkey must be accepted.
The condition is that the deposit cannot be taken out of the bank for 3 years.
A minimum of 500 000 USD (or equivalent to another foreign currency, or Turkish Lira) government debt should be bought
Condition: Government debt securities must be kept for three years.
A real property investment fund share or venture capital investment fund share that is worth at least 500 thousand dollars should be purchased.
Condition: Participation shares must be kept for 3 years.
Turkish Citizenship through the purchase of real estate in Turkey with a value of at least $400.000
The amount that can be used to obtain Turkish citizenship through investment in property was increased from 250,000dollars to 400,000$ following the Presidential Decision in June 13th, 2022. You can apply for citizenship through the properties you already bought. The property value you bought from January 12th, 2017 and September 18, 2018 must be at least $1 million. Therefore, property worth less than $ 1 million bought prior to this date cannot be used to apply for citizenship.
You can obtain Turkish citizenship through property investment for you or your spouse as well as for your children below 18 years with the promise not to return it within three years. A Turkish passport can be issued in 3 months.
The property has to be purchased in cash.
The owner of the property your planning to purchase must be an Turkish citizen.
The title deed must be in place.
Has no problem in terms of debt.
If you purchase two or three properties, it will be 400 thousand dollars in the total.
Documents required to submit Turkish Citizenship Application
Documents needed for Turkish citizenship through an investment stage at the time of application are:
(VAT-4) Form for Turkish citizenship by investment application. Other Forms for Citizenship Applications
Population Registration Birth Certificate (For all family members)
Residence Certificate of Residence
Marriage Status Certification (Showing that the person buying the property on behalf of this property single, married, or divorced)
Certificate of death (If an applicant a widow, this document will be pertaining to the death of spouse)
4 Biometric Images (Taken on a white background)
Parental Consent Letter (For the child who is under 18 years of age who will obtain Turkish citizenship of the applicant. This must be signed by a notary, overseas representative, or the competent authorities of his / her country.
Note Original and Notarized Turkish Translation of the above Documents
10. A Power of Attorney (For authorization by the lawyer)
11. Certificate of Conformity
12. Service Fee Receipt (Must be obtained at the Finance Cashier)
3 Steps of Getting Turkish Citizenship by Investment
How do I apply for Turkish Citizenship?
3 Steps to Gaining Turkish Citizenship by Property Investment are:
1. Obtained the Certificate of Conformity
After the transfer of the Title deed was completed, A certificate of conformity getting from the General Directorate of Land Registry and Cadastre along with
Bank transfer receipts,
Real estate valuation report for Turkish citizenship acquisition,
A note that reads “cannot sell for 3 years” added to the title deed / Property Sale Commitment Contract.
2. Request for Turkish Residence Permit
To obtain to obtain a Turkey Residence permit make an application for Provincial Migration Management with the necessary documents.
The investor is entitled to renew the residence permit as long as his or his citizenship process is complete.
3. Application for Turkish Citizenship
The application is finalized through the application for citizenship by investment in Turkey to the General Directorate of Population and Citizenship Affairs together with the residence permits and all of the documents you receive prior to this point.
After the application, the authorities in charge evaluate the application.
After the validity of the applicant for citizenship in Turkey is determined, it is then signed by President Recep Tayyip Erdogan and the Turkish naturalization process completed.
How Long Will It Take to Get Turkish Citizenship?
How Long Does it Take to get Turkish Citizenship via investment?
It can take anywhere from 3 to 4 months to get Turkish citizenship through investment in 2022 once you have made the investment and submitted your application for citizenship. It is also possible to get Turkish citizenship for family members: spouse (wife/husband) and children who are less than 18 years old in just one week if the applicant has gained citizenship. You can also get your new Turkish Passport along with your ID immediately after it. It could take from one to two weeks based upon the time you make an appointment to apply for getting the Turkish passport.
The total cost of Turkish passport fees is updated to 2022.
As a result, 6 months passport fee will be – 309.40 Turkish Liras
One Year 450.80 Turkish Liras
738, 2 years old. Turkish Liras
3 Years 3 Years 1048.70 Turkish Liras
From 4 Years to 10 Years – 1478 Turkish Liras
Where can I apply for Turkish Citizenship and Turkish Passport?
European Side General Directorate of Population and Citizenship Affairs | Turkish Citizenship by Investment
As as of 17.12.2020 The General Directorate of Population and Citizenship Affairs has moved to the Zeytinburnu district of Istanbul. You could submit an application to apply for Turkish citizenship by making an investment at the new address for citizenship affairs. It is possible to make appointment to apply for citizenship through investment Turkish national ID, Turkish visa, passport or driver’s licence from the General Directorate of Population and Citizenship Affairs website randevu.nvi.gov.tr/.
If you are interested in applying for citizenship through having lived for 5 years during the 5 years in Turkey in Turkey, or Turkish citizenship through marriage If you are interested, you can apply for citizenship to for citizenship through the Istanbul Provincial Directorate of Population and Citizenship located in the Fatih district.
10 Advantages of Getting Turkish Citizenship via Investment:
The right to a lifetime of residence stay in Turkey
Benefit from the strength of the Turkish Health System (free).
You can take advantage of top schools of education (free).
The right to work and investment opportunity in Turkey without any limitations
The right to citizenship is granted to spouses and children under 18 years old for the applicant
The right to get an E-2 Investor Visa in the USA with a five-year renewable period
All international incentives granted to Turkish citizens through bilateral or multilateral agreements, not only the Ankara Agreement
You’ll be entitled to vote.
The Republic of Turkey allows dual citizenship benefits.
Turkish citizenship visa-free countries Turkish passport permits you the possibility of traveling to over 111 destinations without visas or one at the border. Special passport with Service Passport holders can travel to 146 nations without the need for a visa. Nine countries grant visas at gates.
If you are applying for Turkish citizenship, no one knows Turkish laws more than the Citizenship lawyers. Additionally, lawyers are experts in certain fields in certain subjects.
Professional legal counsel with expertise and expertise in foreign citizenship will guide you in the right way and simplify your process without causing complicated. The only person that can help you for acquiring Turkish citizenship is an experienced lawyer.
The advantages that Turkish Citizenship Lawyers for the Application of Citizenship
By cooperating with citizenship lawyers to complete your official process, including citizenship, you’ll be granted the following rights:
Checking whether the property that you’re looking to buy is suitable for Turkish citizenship and provides the most complete details and advice.
Monitoring the zoning status of the property, if it has a building permit or not, as well as whether there are any restrictions, foreclosures , or problems on the property.
Validating whether the validity of the real estate appraisal Record, which is necessary for process of applying for Turkish citizenship. This report proves your value on the real property you bought is at or above USD 400.000.
Applying to the relevant official institution to obtain the Residence Permit.
Providing all necessary legal counseling for all your legal needs beginning with the preparation of documents needed for Turkish citizenship and Turkish passport according to the requirements under the Law.
Observing the process carefully until the point at which you are ready to go.
Alternative Methods to Gain Turkish Citizenship
Turkish Citizenship by Birth
Turkish citizenship obtained by birth is obtained spontaneously due to family ties or birthplace. Birthright citizenship starts to take effect the moment of birth.
* In the union of marriage, children born to an Turkish citizen father or mother in Turkey or elsewhere is a Turkish citizen.
* Exceptionally to the union of marriage the child born to one Turkish mom who’s a Turkish citizen as well as a foreign father is Turkish citizen.
* Other than the union of marriage the child born to one of Turkish parent who is a citizen and an foreign mother can acquire Turkish citizenship if the rules and procedures that establish the lineage are strictly adhered to.
Turkish Citizenship by Marriage
Another option for foreigners seeking to get Turkish citizenship is through marriage. Marriage to with a Turkish citizen will not allow an outsider to be granted citizenship right away.
Conditions for Turkish Citizenship by Marriage;
1. The person from outside must be married to the Turkish citizen for at least 3 years. Furthermore, continuing marriage is one of the conditions.
2. Living in a family union,
3. To refrain from engaging in activities that are not compatible with the marital union.
4. The absence of a situation that could pose a threat to national security and public order.
Turkish Citizenship General Application for Citizenship by Buying Property in Turkey at any price (Minimum 75,000USD)
There is a possibility to obtain Turkish citizenship in 5 years by purchasing a property at any price, but it should cost an amount at least 75,000$. Foreigners with an uninterrupted period of residence in Turkey for 5 years using a special residence permit for property owners can apply for Turkish citizenship through a standard application. You must apply for a specific residence permit for immovable property owners who have a title deed every five years. You should not be abroad in Turkey for more than 12 consecutive months during this period. A Turkish Passport is valid within three months.
Note (Touristic as well as student permits aren’t allowed for this method to become a citizen, so be sure to apply for a residence permit with the title document.)
The process of obtaining citizenship is governed by a decision of Competent Authority
In this way, the citizenship file is given for foreigners who wish to acquire Turkish citizenship, and who meet the required requirements for applying. The application is submitted into the Ministry of Internal Affairs for a decision.
The necessary investigations and research are conducted in the Ministry. After the process, people who are deemed eligible for citizenship acquire Turkish citizenship upon a recommendation of the Ministry.
Following the study and investigation result of the examination and research, any request from foreigners who’s situation is not considered to be acceptable is denied by the Ministry.
Adoption is the process of acquiring citizenship through adoption.
If a non-adult , foreigner is adopted by the Turkish citizen, they could be granted Turkish citizenship on the date of the adoption decision. In this scenario the person who is granted Turkish citizenship must not pose an issue in the sense of security or public order.
Citizenship is a right to Select
According to the law of citizenship The law on citizenship states that a father or mother is able to be denied Turkish citizenship for a number of reasons. If the mother or father lost Turkish citizenship, their children will lose their Turkish citizenship with the consent of the other parent.
Based on the above facts In the above scenario, children who have lost Turkish citizenship can regain Turkish citizenship through exercising their right to vote within three years after they turn adults.
Turkish Citizenship by investment 2022. What are the prerequisites to be met in order to get Turkish citizenship by investment?