Turkish Citizenship by Investment Program
Turkey announced its citizenship by investment program in 2016 with the intention of boosting foreign direct investment and invigorating its real estate industry. In January 2017, the Turkish government officially launched the initiative, giving investors various options and freedom for contributing to Turkish society.
At the Turkish government’s launching of its citizenship by investment program, the quoted entry cost was a minimum of $1 million. However, this amount caused few people to invest because it seemed unreasonable. In 2019, the government decided to lower the investment required for entry to $250,000.
Now, the country makes an average of $250 million every month from its foreign investors only. However, as the number of applicants willing to acquire Turkish citizenship is increasing, the minimum cost has been raised from $250,000 to $400,000.
The Turkish government now takes in an average of $250 million per month from its foreign investors. However, following the number of individuals wanting to obtain Turkish citizenship increased, the minimum payment was increased from $250,000 to $400,000.
There are various advantages to applying for Turkish citizenship through the by-investment program. The following are a few of the attractive perks.
Required Documents for Turkish Golden Visa
Every applicant’s birth certificate
The passport of each applicant
Utility bills, including recent ones and prior to the current residence statement (Proof of Residence)
Each applicant’s biometric, colored passport photo
A marriage certificate is required, depending on the state.
Spouse’s death or divorce certificate (although stated optional, it is generally asked)
A clean criminal record for all applicants
A valid proof of health insurance policy for individuals traveling to Turkey. (Should be valid in Turkey, and can be gerenated from www.e-ikamet.com online)
A letter confirming the investment of $400,000 into a Turkish bank account or a lawyer’s client account
Turkish Tax ID Number (required)
Important: Add your spouse and any dependent children under the age of 18 below, as well as any disabled children regardless of age.
In Turkey, you may live, work, and study.
Through owning a Turkish passport, you and your family are allowed to live, work, and study in Turkey. For example, by owning real estate property or through renting it out, you can gain additional income.
In addition, if you have children and are wanting to relocate as a family unit, you’ll be able to put your mind at ease regarding their schooling. As the visa is given to entire families, both parents and children will gain access not only great education but also a high standard of living.
The Fastest Way to Citizenship
The quickest approach to obtaining Turkish citizenship via investment is through Citizenship by Investment Program. After investing $400,000 in real estate, you are qualified to acquire your Turkish passport within two months of submitting an application.
Reunion of families (Reunification)
If you are applying for citizenship in Turkey through investment, you are able to include your spouse and dependent children who are below the age of 21. Furthermore, all members granted citizenship will have free access to healthcare facilities equal to those available to any other Turkish citizen.
Schengen Visa made easy
Applying for a Schengen visa as a Turkish citizen is much simpler than many people assume, so long as they have all the required documentation. Additionally, there are several other nations with whom Turkey has bilateral agreements concerning passport-free travel. These countries include but are not limited to: Hong Kong, Singapore, Japan, Mexico, South Korea, and most of Latin America.
E2 visa in the United States
If you want to move to the United States, you can effortlessly apply for an E-2 investor visa. Through a Treaty agreement between our two countries, citizens of Turkey are able to get citizenship and then apply for an E2 Visa. This is a fantastic opportunity for those who cannot originally apply for the Visa through their country of citizenship.
Can I have more information?