Are you aware as a business angel, venture capitalist, and entrepreneur that you can obtain Turkey citizenship by investment? There have been some modifications in the Turkish legislation. The Turkish government has opened another method of her citizenship by investment. Turkey is situated on two different continents such as Asia and Europe. This is the reason some individuals call it a transcontinental country. It shares boundaries with different countries such as Georgia, Bulgaria, Iran, Syria, Greece, Armenia, and Georgia. The official language of Turkey is Turkish.
Turkey’s citizenship by investment is the fastest way for individuals to go through if they want to become citizens of Turkey. When once an individual happens to be an investor from any part of the world the government will provide such a person with the right facilities to invest in Turkey. While providing economic benefits to them through his or her investment, the country, in turn, gives him or her Turkish citizenship. Many entrepreneurs have used this medium to acquire citizenship with minimum investment figures, and this is done within 3 to 4 months.
Benefits of Turkey Citizenship by Investment
For foreign investors who have invested $500,000, or in real estate worth $250,000, the following are the benefits one can derive from acquiring Turkey citizenship:
- Permanent freedom to work.
- Schengen visa to travel to over 114 countries.
- Permanent right of residence.
- Full family residency
- Voting rights to different kinds of an election in Turkey
- Dual citizenship
- Enjoying quality health facilities
- Living in a secured environment
- Free finance system
- High standard of living
Turkey Citizenship Investment Limit
For any investor who wants to invest in Turkey, there is a minimum limit that has been attached to the investment. This also depends on the type of investment the investor wants to make and here they are:
- For Capital Investment – $500,000
- For Real Estate Investment – $250,000
- For Bank Deposit – $500,000
Initially, for those who are buoyant enough to invest in real estate, the price was fixed at $1 million. In the year 2018, the Turkish government has to reduce the rate of obtaining Turkey citizenship by investment in capital investment, real estate investment, and bank deposit. Any individual who meets up with this finance aspect is liable to apply for Turkey citizenship by investment.
How long does it take to get Turkey Citizenship by Investment?
Getting a Turkey citizenship by investment takes only 3 to 4 months to get a Turkish passport and Turkish citizenship. The investor can also apply for citizenship by investment for his entire family. There will be no reason(s) for the investor to be denied of obtaining his or her citizenship by investment. If the right documents are available, and the investment criteria are being met, they will be granted Turkey citizenship by investment. Currently in Turkey, the total days an investor can obtain citizenship for his or her household is 90 days.
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Essential Documents for Turkey Citizenship by Investment
The following are documents one should possess when applying for it:
- The application form
- Passport photographs
- 4 passport photographs of each family member (if they are coming along)
- Birth of certificate
- Residence permit
- Tax payment receipt
- Bank receipt of a minimum of $250,000 as evidence
- Marriage certificate
- Birth certificates of the entire family member