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Turkey Citizenship by Investment Benefits

Citizenship by Investment

Turkey Citizenship by Investment Benefits

The Turkey Citizenship by Investment program presents an uncomplicated investment pathway, boasting a swift processing time of just 3-6 months. With no obligatory residency prerequisites or language proficiency mandates, it offers a streamlined path to Turkish citizenship. By embracing Turkish citizenship, you gain the invaluable privilege of visa-free entry to over 110 countries. Furthermore, Turkey does not levy personal or worldwide income taxes, which is a substantial financial advantage. The program also extends the flexibility of dual citizenship, permitting the inclusion of dependent children under 18 years of age (including adopted children) and facilitating the transfer of citizenship by descent.

Why choose Turkish citizenship?

  • Strategic location, offering access to both European and Asian markets.
  • Economic opportunities, including investment and business prospects.
  • Citizenship by investment program, allowing for financial investments to obtain citizenship.
  • Visa-free travel to many countries for Turkish citizens.
  • High quality of life, rich in culture, and diverse landscapes.
  • Access to healthcare and educational institutions.
  • Real estate investment opportunities.
  • Political stability and well-developed infrastructure.
  • Simplified pathways for individuals with Turkish ancestry.
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Processing Time

4-6 months

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Contribution

1000

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Visa-Free Travel Within

160+ countries

$200,000

Real Estate Investment

Applicants for the Antigua & Barbuda citizenship by investment program have the option of making a joint investment in real estate through the purchase of shares in a company holding the asset. Two applications from related parties in the amount of a minimum of US$200,000 will be considered as qualifying investment.

$100,000

Contribution to NDF

The government has recently reduced the required contribution amount to only $100,000 USD (family of 4) and $125,000 USD (family of 5 or more).

Curated Links for Turkey citizens

Investment Opportunities

Investment opportunities in Turkey are diverse and span across real estate, tourism, manufacturing, technology startups, agriculture, energy, infrastructure, healthcare, education, and more. With its strategic location, growing economy, and government incentives, Turkey offers a favorable investment environment for both domestic and foreign investors. However, it’s essential to carefully assess the specific sector and conduct thorough research to make informed investment decisions in line with individual goals and risk tolerance.

Education and Healthcare

Education in Turkey is administered by the Ministry of National Education, offering 12 years of compulsory education, and it consists of both public and private institutions. The system faces challenges related to educational quality and disparities between urban and rural areas, with ongoing debates over curriculum content.

Healthcare in Turkey is a blend of public and private systems, with universal coverage provided by the government through the Social Security Institution. The quality of healthcare services can vary by region, with major cities boasting advanced medical facilities. Turkey is also a growing hub for medical tourism. However, equitable access to healthcare services and resource distribution remain areas of concern, particularly in rural regions.

Key Facts

Capital

Ankara

Languages

Turkish | Arabic | Kurmanji | Others

Currency

Turkish Lira (TRY)

Population

85,816,199 (2023)

Tax Benefits

Turkey provides a range of tax benefits to encourage investment, innovation, and economic growth. These incentives encompass investment allowances, regional investment incentives, R&D support, tax advantages in free trade zones, and VAT exemptions in various sectors. Additionally, individuals can benefit from personal income tax deductions and exemptions. These tax incentives are designed to attract both domestic and foreign investors, fostering economic development and competitiveness in Turkey.

Political Stability

Turkey, a democratic republic, has a history of political stability marked by regular elections, peaceful power transitions, and a commitment to the rule of law. Factors such as a strong military, constitutionally secular nation status, and a dedication to democratic principles have contributed to this stability. However, it’s crucial to remain vigilant and well-informed about current events and developments, as the political landscape in any country can evolve over time. Recent years have seen shifts and challenges in Turkey’s political environment, including concerns related to freedom of the press, human rights, and increased polarization, emphasizing the need for ongoing scrutiny and analysis of its political state.

How to Obtain Turkish Citizenship

Citizenship Application Process

The journey to obtaining Turkish citizenship through investment with Migrate World is a structured and thorough process. It begins with a complimentary initial consultation where available options are discussed. Before any formal agreements, a security check is conducted to ensure the applicant’s record is clear. The agreement includes various fees such as legal, due diligence, government, and application processing fees. Subsequently, all necessary documents are collected, translated, and authenticated, with the application file submitted within 10 business days. The due diligence process, conducted by the General Directorate of Civil Registration and Citizenship Affairs, examines the applicant’s eligibility. An optional step involves opening a Turkish bank account. The selection and purchase of compliant real estate follow, with property appraisers confirming the property’s value. Once the necessary approvals are obtained, a temporary residence permit is applied for. Finally, upon approval, the applicant proceeds to finalize their residence permit and obtain Turkish citizenship, concluding the comprehensive journey towards citizenship through investment in Turkey.

Investment Requirements

Acquiring Turkish citizenship via real estate investment involves investors purchasing one or more real estate properties with a total value of no less than $400,000. The investor is required to retain ownership of the property for a minimum of three (3) years, during which time it can also be utilized for rental purposes. This investment option offers a pathway to Turkish citizenship and the associated passport.

Timeline and Costs

The process of obtaining Turkish citizenship through investment typically takes 3 to 6 months, with the timeline largely dependent on factors like property acquisition, application processing, background checks, and approval. The costs involved can vary significantly, encompassing the property or financial investment, legal fees, application fees, and associated expenses.

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    How Can Migrate World Assist You in Obtaining Turkish Citizenship?

    Migrate World will assist in your application for Turkey  citizenship.  We provide expert advice throughout your journey, from choosing an investment option, preparing documents, submitting them, and meeting all legal requirements to being reviewed efficiently by our team of specialists. Migrate World makes this complicated process hassle-free while giving expert advice on how to achieve citizenship.

    Program Summary

    Learn more about the country and it's citizenship by investment.

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      FAQs

      Certainly, it is possible. You qualify for Turkish citizenship if you make a real estate investment worth at least $400,000, though there are additional requirements. Nonetheless, buying property in Turkey offers a straightforward route to obtaining a Turkish passport. The $400,000 can represent the total value of either a single property or multiple properties.

      Indeed, if executed correctly, obtaining Turkish citizenship through investment is quite uncomplicated. The procedure is straightforward, and with the appropriate documentation and meeting the investment criteria, you can anticipate citizenship within 3-6  months. Enlisting the assistance of a professional can further simplify the process

      Absolutely, your spouse and children under the age of 18 can be included as your dependents.

      There are no stay restrictions, so you can leave the country and return without any limitations.

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