Turkish Citizenship through investment 2022. What are the requirements to be met in order to get Turkish citizenship through investing?
The investment minimum required to be able to apply for Turkish citizenship through investing in real estate increased by $250,000 up to $400,000 as of June 13th, 2022. Following this date, in order in order to apply for citizenship through investing in real estate the worth of the property or estate(s) bought must amount to at or above $400,000.
5 ways to get Turkish Citizenship include:
Turkish Citizenship through Investment buying a property worth 400.000dollars and 5 other methods
Companies Registrations in Turkey and Work Permit (Calisma Izni) for 5 years
Citizenship at Birth
Citizenship through Marriage
Citizenship through the purchase of property in Turkey at any price (75,000dollars)after 5 years
As per the law, currently, it is possible to be granted Turkish citizenship through paternity, marriage, birth and also by investing in Turkey.
Turkish citizenship through the Investment Program (TCBI) launched in January 2017 has led to an acceleration in the real estate industry and attracted foreign investors from across the globe.
Turkish citizenship allows citizens to gain access to the European as well as Asian markets for investors. Additionally, it allows you to obtain the lifetime citizenship of a nation which is currently engaged in fully negotiating with the European Union.
Turkey permits foreigners to invest through various channels within the country, and in order to be eligible for citizenship.
6 Options for Getting citizenship by investment in Turkey
There are six ways to get Turkish citizenship through investment:
Turkish citizenship through the investment 400.000 USD property
A fixed capital an investment of a minimum value of $500.000
Employing at minimum 50 employees
At a minimum, 500 million dollars (it could be equivalent to other currencies or the Turkish Lira) worth of deposits at banks that operate in Turkey must be accepted.
The condition is that the deposit cannot be taken out of the bank for three years.
A minimum amount of 500 000 USD (or equivalent to a different foreign currency, or Turkish Lira) the government’s debt must be bought
Condition: Securities issued by the government are required to be held for three years.
A real property investment fund share or Venture Capital Investment Fund share that is worth at least 500 million dollars should be bought.
Conditions: Participation shares must be held for 3 years.
Turkish Citizenship through property investment – purchasing real property in Turkey with a value of at least $400.000
The amount to apply for Turkish citizenship through property investment was raised from 250,000dollars to 400,000 dollars by the Presidential Decision on June 13, 2022. Citizenship can be applied for using the property you have already bought. The value of real estate purchased from January 12th, 2017, between September 18th, 2017 and September 18th, 2018 must be at minimum $1 million. Thus, property values less than $1 million that were purchased prior to the date of this event are not enough to be considered for citizenship applications.
You can get Turkish citizenship through property investment for you as well as your spouse and children under 18 years old with the promise not to return it within three years. A Turkish passport is issued within three months.
The property has to be purchased in cash.
The owner of the home you are planning to purchase must be an Turkish citizen.
The title deed must be in place.
Does not have a problem in terms of debt.
If you purchase two or three properties, that will be $400 thousand dollars in the total.
Documents required to be submitted for Turkish Citizenship Application
Documents needed to apply for Turkish citizenship through investment at the time of application include:
(VAT-4) Form to apply for Turkish citizenship through 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 buyer of the property for the benefit of this property single, married, or divorced)
Certificate of death (If you are a widow, a certificate of the death of a spouse)
4 Biometric Images (Taken on white backgrounds)
Parental Consent Letter of Parental Consent (For children under 18 years old who will be granted Turkish citizenship on behalf of the applicant. It must be signed by a notary public, an overseas representative, or the competent authorities of the country in which the applicant is.
Note Original and Notarized Turkish Translation of the above Documents
10. Authorization of Powers of Attorney (For authorization by the lawyer)
11. Certificate of Conformity
12. The Service Fee Receipt (Must be obtained at the Finance Cashier)
3 Steps to Obtaining Turkish Citizenship through Investment
How do I apply to be a Turkish Citizenship?
Three stages of obtaining Turkish Citizenship through Property Investment are:
1. Obtained the Certificate of Conformity
Following the transfer of the Title deed, the certificate of conformity is sought by the General Directorate of Land Registry and Cadastre along with
Transfer receipts from banks,
Real estate valuation report for Turkish citizenship acquisition,
Notes of “cannot sell for three years” added to the title deed or property Sale Commitment Contract.
2. Demand to apply for Turkish Residence Permit
To get an Turkey residency permit you must submit an application to the Provincial Migration Management with the required documents.
The investor is entitled to renew his or her residence permit as long as his or his citizenship process is complete.
3. Demand for Turkish Citizenship
The application is completed by submitting a request for Turkish citizenship through investment to the General Directorate of Population and Citizenship Affairs along with the residence permit as well as all the other documents you need prior to this step.
Following the submission, the competent authorities review the application.
Once the eligibility of the application to become a citizen in Turkey is established, the application is approved by President Recep Tayyip Erdogan . The Turkish citizenhip process has been complete.
How Long Does It take to get Turkish Citizenship?
How long does it take to get Turkish Citizenship through investment?
It can take 3-4 months to obtain Turkish citizenship through investment in 2022 following the investment and then applied for citizenship. It is also possible to get Turkish citizenship for spouse (wife/husband) and children under 18 years old in just one week, as long as the primary applicant gained citizenship. It is also possible to obtain the new Turkish Passport as well as ID card right away after the process. It could take between one and two weeks based on the date of your appointment to apply for your Turkish passport.
The total amount of Turkish passport fees has been updated for 2022.
In this case, the 6 month passport fees will be 309.40 Turkish Liras
1-Year – 450.80 Turkish Liras
Two Years, 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 through Investment
As as of 17.12.2020 The General Directorate of Population and Citizenship Affairs moved into the Zeytinburnu district in Istanbul. You are able to make an application for Turkish citizenship by making an investment at the new location of citizenship affairs. You can make appointment to apply for citizenship through investment, Turkish identification card, Turkish passportand driver’s license , and driver’s license on the General Directorate of Population and Citizenship Affairs website randevu.nvi.gov.tror.
To apply for citizenship by five years of living within Turkey as well as Turkish citizenship through marriage You can apply for citizenship through Turkey’s Istanbul Provincial Directorate of Population and Citizenship located in the Fatih district.
10 Benefits of Getting Turkish Citizenship through Investment include:
The right to live in Turkey for the duration of residency in Turkey
Benefit from the robust Turkish healthcare program (free).
You can take advantage of top education institutions (free).
The right to work and investment opportunities in Turkey without limitations
The right to citizenship is granted to spouses and children under 18 years of age of the applicant
The right to obtain the E-2 Investor Visa in the USA for a five-year renewal time
International incentives are granted to Turkish citizens under multilateral or bilateral agreements, not only the Ankara Agreement
You’ll be able to vote.
Turkey’s Republic of Turkey allows dual citizenship benefits.
Turkish citizenship visa-free countries Turkish passport permits travelers access to more than 111 nations with the need for a visa, or to obtain an entry visa at the gate. Special passports or Service Passport holders are able to travel to 146 countries with the need for a visa. Nine countries will issue visas at the gates.
In the process of applying to apply for Turkish citizenship, no one knows Turkish laws more than the Citizenship lawyers. Additionally, lawyers are experts in certain areas in specific subjects.
The most experienced citizenship lawyers who have the expertise and expertise in foreign citizenship can guide you in the right direction and simplify your process and free from the complexities. The only person who can assist you in obtaining Turkish citizenship is a reputable lawyer.
The Benefits from Turkish Citizenship Lawyers for the Application of Citizenship
In cooperation with the Citizenship lawyers during your formal procedures such as citizenship, you’ll enjoy the following rights:
determining if the property you are planning to purchase is suitable to Turkish citizenship requirements and giving the most precise details and advice.
The zoning status of the property, including whether it is licensed for building or not, as well as whether there are any restrictions, foreclosures or issues on the property.
Verifying whether the validity of the real estate appraisal Report that is needed for the process of applying for Turkish citizenship. It also proves that you have a value for the real property you purchased is at or above USD 400.000.
The applicant must apply to the appropriate official institution to obtain the Residence Permit.
We will provide all the necessary legal advice throughout your process starting with the preparation of documents needed to obtain Turkish citizenship to the preparation of documents required for a Turkish passports in accordance with the requirements in the Law.
Observing the process carefully until the end of the process.
Other Methods to Get Turkish Citizenship
Turkish Citizenship through Birth
Turkish citizenship gained through birth is obtained spontaneously through connections to family or the birthplace. The citizenship acquired through birth is effective from the time of birth.
* In the marriage union the child born to an Turkish mother or father who is a citizen in Turkey or elsewhere is a Turkish citizen.
* Exceptionally to the union of marriage the child born to an Turkish parent who is a citizen and a foreign father is Turkish citizen.
* Exceptionally to the union of marriage the child born to the union of a Turkish citizenship father with a non-Turkish mother can acquire Turkish citizenship if the rules and procedures to establish the lineage are adhered to.
Turkish Citizenship through Marriage
Another option for foreigners to acquire Turkish citizenship is to marry. The union of with a Turkish citizen doesn’t automatically entitle an outsider to be granted citizenship in the first place.
Conditions for Turkish Citizenship through Marriage;
1. The person from outside must be married to an Turkish citizen for at least three years. Additionally, continuing marriage is one of the requirements.
2. Family unit,
3. Do not engage in any activities that are not compatible with the marital union.
4. A lack of a situation that could pose a threat to national security or 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 within 5 years through the purchase of properties at any price, however, it must be at least 75,000dollars. Foreigners who have an uninterrupted period of residence in Turkey for five years and has the special residence permit that is only available to homeowners can obtain Turkish citizenship by submitting a general application. It is recommended to apply for a specific residence permit for immovable property owners using your title deed every five years. It is not recommended to be in Turkey for more than 12 months during the time frame. The Turkish visa is granted within three months.
Take note (Touristic or student residency permits aren’t applicable for this method to become a citizen, so be cautious when applying for a residence permit along with the title document.)
The process of obtaining citizenship is governed by a decision of Competent Authority
This way, the citizenship file is given to foreigners who wish to apply for Turkish citizenship and meet the required requirements for applying. The file is then sent directly to the Ministry of Internal Affairs for an approval.
The required investigations and research are conducted through the Ministry. After the process, people who are considered eligible to become citizens acquire Turkish citizenship through a decision by the Ministry.
Based on the investigation and examination result of the examination and research, any request from foreigners who are not in a position to be approved is denied from the Ministry.
Adoption as a way to become a citizen
If a non-adult from another country is adopted by an Turkish citizen, they could be granted Turkish citizenship on the date of the adoption decision. In this scenario the person receiving Turkish citizenship must not pose any issues with respect to security or public order.
Gaining Citizenship through the Right to choose
In accordance with the law on citizenship the father or mother could be denied Turkish citizenship due to a variety of reasons. If either parent had to withdraw Turkish citizenship applications, their children will lose their Turkish citizenship with the consent of the other parent.
In the context of the above scenario In the above scenario, children who have lost Turkish citizenship may be able to obtain Turkish citizenship through exercising their right to vote within three years following the time they turn adults.
Turkish Citizenship through investment 2022. What are the requirements to be met in order to get Turkish citizenship through investing?