Turkish Citizenship by Investment program is one of the most popular citizenship programs in the world. To make the application process easier and more clear, Mann’s Solutions team decided to prepare answers to the most frequently asked questions.
The program lets obtaining a second passport within 2 months and has low entry investment options starting from $250,000 for the entire family.
Is Turkish Citizenship granted for a lifetime?
The program lets obtain Turkish Citizenship for a lifetime and gives the investor the same rights as Turkish Citizens by birth.
Does the investor have to speak Turkish to be eligible for the investment program?
The investor and investor’s family are not required to speak the Turkish language in order to apply and benefit from the Turkish Citizenship by Investment program.
How long does it take to receive a Turkish Passport?
Mann’s Solutions team will help you throughout your application and during all steps of the citizenship acquisition process. As soon as you receive Title Deeds of the purchased property, your file will be handed to the related authorities. The evaluation procedures usually last from 45 days to 4 months.
Can I sell my property or obtain rental income from it?
The property can be left for rental income, or sold after 3 years from acquiring citizenship, without affecting the applicant’s citizenship.
Are my spouse and children only allowed to apply for Turkish Citizenship?
Turkish citizenship can be acquired also by the spouse and children of the main applicant and is transferable to descendants.
What are the best locations to buy property in Turkey?
Antalya is quite often referred to as “the pearl of the Mediterranean.” The region offers superb views of the sea and mountains, long stretches of golden beaches, and 300 days a year of sunshine. The real estate market in Antalya is continuously expanding and offers non-residents countless options of property investment to choose from.
Istanbul is the 5th most populous city in the world and one of the largest cities in Turkey. The city can be considered the country’s leading hub of economy, tourism, and entertainment. On average, prices start from $60.000 and vary depending on the district’s infrastructure and history.
Alanya is a scenic seaside resort is becoming more and more popular among tourists. Alanya represents 30% of foreign investments in Turkish real estate and properties in Alanya are available at far more reasonable prices, starting at $55.000.
Yalova features emerald-green forests and the Marmara Sea with turquoise waves. The real estate market is growing and average property rates slowly increase. However, the prices are still considerably lower comparing to Istanbul, located within an hour’s drive.
Are there any specific citizens who can apply within Turkish Citizenship by Investment program?
There is no regulations regarding nationality of the applicant. At the moment, citizens of any country are allowed to apply for the program.
What are the Turkish Passport Benefits ?
Turkey Citizenship by investment program grants the applicant and applicant’s family visa-free access to more than 115 countries including Singapore, Japan, Qatar, and South Korea. The program allows dual citizenship and does not require residency, the whole process can be obtained remotely. Turkish citizenship can be acquired also by the spouse and children of the main applicant and is transferable to descendants. The applicant also will be able to relocate and establish a business in the US under the USA E-2 Investor Visa.
Turkey Citizenship Investment Options
Become a permanent resident of Turkey by choosing one of the following three qualifying investment options. The requirement for maintaining the investment is a minimum of 3 years from the date the residence permit is granted.
1.Property Acquisition From $250,000
- Acquire residential or commercial property with a deed restriction not to sell for 3 years from the date of purchase, Investors have the right to acquire several properties, as long as the total amount complies with the requirements.
- The property can be let for rental income, or sold after 3 years from acquiring citizenship, without affecting the applicant’s citizenship.
- Capital Transfer From $500,000
- Fixed-asset investment confirmed by the Ministry of Industry and Technology OR
- Deposit $500.000 cash in a Turkish bank for a minimum of 3 years OR
- Buy government bonds with the potential to receive interest as income, Investments to be kept for 3 years.
- Creation of 50 Jobs or Business Investment
- Set up a business and create jobs for at least 50 Turkish employees.
LONDON BASED SOLUTIONS ADVISERS – Turkey Citizenship by Investment
Full Support with our Immigration Advisers & Property Consultants:
Property search based on your requirements (from residential properties to high-value luxury developments)
- Property virtual tours, 3-D tours and in-person tours available.
- Due diligence checks and additional property checks completed by our experts.
- Residency & Citizenship document preparation and submission.
- Full support until you receive your second passport & residency.
Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).
For further information or to discuss your circumstances in a private consultation with our immigration lawyers in London Office, please contact us at email@example.com or call +44 207 993 63 46.
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