The Turkey Golden Visa program, often known as the Turkey citizenship by investment program for Turkey, was introduced in 2016. In just three to six months, overseas investors are able to get a Turkish passport.
Investing in property worth at least $250,000 is the minimum investment option. There choices include purchasing government bonds or starting a business that will offer employment to Turks. Three years minimum holding period is required for your investment.
Turkey Citizenship by Investment Options
The following are the options for gaining Turkish citizenship by investment:
- Invest in property worth at least $250,000
- Buy government bonds worth at least $500,000 and keep the investment for at least three years.
- Create a business that will have at least 50 employees.
- Make a minimum $500k capital commitment.
- Put at least $500k into a Turkish bank and hold onto it for at least three years.
- Put at least $500k into a venture capital investment fund share or real estate investment fund share over a minimum of three years.
Benefits of Turkey Citizenship by Investment
For international investors, Turkey offers a number of benefits, including:
- Within three months, you should get a Turkish passport: You can start the citizenship application process as soon as you make your investment in Turkey. Within three to six months, you’ll get a Turkish passport.
- Immediate citizenship and permanent residence in Turkey: As soon as you submit an application for a Turkish Investment Visa, you are issued a permanent residence card that you can use to begin making investments and living in Turkey.
- A strong way to the US E2 Investment Visa: Once you have acquired Turkish citizenship, you are eligible to apply for the US E2 Investment Visa, which enables you to reside, work, and invest in the US.
- You gey Business opportunities in EEC (European Economic Community) nations: The Ankara Agreement, which gives Turkish nationals permission to work, start businesses, and settle permanently in EEC nations, is something you can benefit from as a Turkish citizen. The application procedure is easier than in other nations, despite the fact that a visa is necessary.
- Best Way to obtaining a Turkish businessperson visa for the UK: With a Turkish passport, you can take advantage of a streamlined pathway to open a company in the UK and apply for British permanent residency.
- Free Entry to more than 110 nations without a visa. Over 110 nations, including Mexico, Japan, South Korea, and Hong Kong, are visa-free for Turkish nationals to travel to. Additionally, there are discussions of providing Turkish people access to the Schengen visa waiver program.
How to Apply
Below is the simple way you can apy for Turkey citizenship by investment;
- Choose an investment that is qualified to be in the country
- Get a certificate of eligibility
- Open a Bank Account in Turkey
- Apply for Turkey residence permit
- Now you can make your investment in the country
- Lastly, Apply for citizenship.
Frequently Asked Questions
How long is Turkey citizenship by investment valid for ?
It is valid till you whenever, you can only renew your passpiet which is after 10 years.
Conclusion
It is very simple to become a citizen of Turkey through investment and already we have explained to you the things you will benefit by doing this.
You can now decide if you want it or not and if you still have any challenges, contact myjobseurope through the comment section.
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