Turkish Citizenship by Investment Programme
Before running Turkish citizenship by investment program and getting turkish citizenship, the investment price was set at a minimum of US$1 million. In 2016, Turkish government introduced the Turkish Citizenship by Investment Scheme, which allows investors to get turkish citizenship by 250,000$.
The Turkey Citizenship by Investment programme, sometimes referred to as Turkey Golden Visa, was updated in June 2022. The new changes allow buyers to obtain citizenship and passport from as low as USD 400,000.The programme is still one of the cheapest and most attractive citizenship initiatives in the world. Thousands of investors have acquired citizenship by buying real estate with the help and support from Turkey Homes Gate to many of them.
Individuals who successfully complete the application process will retain Turkish citizenship indefinitely, and any subsequent children born thereafter will be citizens. Turkey grants dual citizenship, allowing individuals to maintain multiple citizenship concurrently with their Turkish citizenship.
Different ways to obtain Turkish Citizenship by Investment
- If you’re looking for a real estate investment, make sure it’s worth at least 400,00 dollars.
- Require a fixed capital investment of at least USD 500,000 in Turkey.
- A deposit of at least USD 500,000 or equivalent foreign currency into a Turkish Bank.
- Invest in Government Bonds with a nominal value of at least USD 500,000 or a similar foreign currency.
- Provide employment for a minimum of 50 workers in Turkey as certified by the Ministry.
Requirements for Turkish citizenship by real estate investment
- Applicants must buy a property with an assessed value of at least $4,000,000. It does not have to be one unit. Multiple units are allowed, subject to regulations.
- If you buy the property, you have to keep it for at least three years. This three-year commitment has to be written into the title deed and/or notarised sales contract.
- The authorities must conduct an Official Valuation Survey, which is announced by the Banking Supervision Board. The value of the valuation report must be $400,000 or more.
- Payment of the purchase price must be made through a bank transfer to the seller and must be accompanied by bank statements to demonstrate that the transaction has taken place.
- The official reported value of the property must be at least $400,000 at the date of the notarised sale contract and/or the ownership transfer of the property at Land Registry Office.
- All such real estate within this scope shall not be registered under the name of a foreign real person, including the spouse or children of the applicant. Real estate transferred by the applicant’s spouse or children after 01.01.2017 is excluded from the scope of this Regulation.
- If you bought your home with a mortgage, the amount you owe on your mortgage will be subtracted from the amount you reported in the Official Valuation Survey.
- The application form will be directed to the following addresses: The Ministry of Home Affairs The General Directorate of People’s and Citizenship Affairs The Directorate-General of Foreigners The Ministry of Environmental and Urbanisation The Land Registry Office
Documents required for Turkish citizenship
Power of attorney
Passport (Original copy and notarized Turkish translation)
Application form ( Attorney will provide it)
Marital Status (Marriage certificate, divorce certificate, if applicant is widowed, he/she must provide spouse’s dead certificate) (Each certificates must stamped and authenticated from your country ministry of foreign affairs and the Turkish Embassy in your country.)
Birth certificate (Must be stamped and notarized from your country ministry of foreign affairs and the Turkish Embassy in your country.)
If the applicant is widowed, Spouse’s Death Certificate
Vital record which shows all family member (husband, wife and children). If you don’t have it is not mandatory.
Health Insurance (Attorney will provide it)
Certificate of residence
4 Biometric pictures on white background on size 5 x 6 and 8 pcs biometric pictures on white background on regular size
Original Receipt of wire transfers
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Turkish Citizenship by Investment Facts
- All of your investments must be kept for 3 years.
- You can sell your property upon expiry of the 3-year period.
- The applicant, his/her spouse and any children under the age of 18 will get Turkish Citizenship.
- The programme does not necessitate the applicant to reside in Turkey.
- Your citizenship will stay forever, and any kids born after that will be citizens too.
- The applicant can retain multiple citizenships, as Turkey permits dual citizenship.