Turkish Citizenship Programs offers several profitable investment options for those who want to become Turkish Citizens and this is what makes the program so popular among foreign investors.
One of the 3 investment options is property acquisition from $250,000. To obtain citizenship under this option, the investor is required to buy commercial or residential property. In fact, it is possible to acquire several properties, as long as the total amount complies with the requirements. There is a deed restriction, that the property cannot be sold for 3 years from the date of purchase, however, the investors can let the property for rental income or sell it after 3 years from acquiring citizenship. This will not affect the applicant’s and applicant’s family citizenships. The important point to keep in mind us that the same property cannot be used twice to qualify for Turkish Citizenship. Find out more about the best places to buy property in Turkey HERE.
Another investment option is Capital Transfer From $500,000. The investor can make a fixed-asset investment that should be confirmed by the Ministry of Industry and Technology or deposit $500.000 cash in a Turkish bank for a minimum of 3 years. It is also possible to make $500,000 investment into government bonds with the potential to receive interest as income. All of the abovementioned investment requires to be kept for 3 years.
For business experienced investors who are looking forward to start a new business when they move to Turkey, we suggest using 3rd investment option which is Business Investment. Under this option, the investor is required to set up a business in any industry and create jobs for at least 50 local Turkish employees.
Turkey Citizenship by Investment program lets obtaining a second passport within 2 months and has low entry investment options starting from $250,000 for the entire family. No physical presence is required to obtain citizenship and there are no obligations to declare the applicant’s assets or income generated in other countries application process. The booming real estate market in Turkey provides potential investors with a truly overwhelming choice of property and buildings for sale of any type and any budget.
Lying partly in Asia and partly in Europe, Turkey occupies a unique geographic position, that throughout history acted as both a bridge and barrier between the continents. Turkey is a predominantly mountainous country, full of resorts with beautiful beaches and crystal clear water. Ancient cities like Istanbul and Ankara with their rich history and traditions make Turkey a truly unique Eastern point.
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.
LONDON BASED SOLUTIONS ADVISERS – Turkey Citizenship by Investment
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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.