The Citizenship By investment Program of Turkey
With the recent changes in the citizenship legislation in Turkey many immigrants desire to become Turkish citizen by benefiting from Citizenship by Investment Program of Turkey.
The Turkish Citizenship by Investment Program launched in 2017 provides non-Turkish people with the opportunity of having a second passport, which enable them to use all the civil rights enjoyed by the natural citizens of Turkey. This program attracts all non-Turkish people and their families searching for an alternative local base for their private life as well as business or financial carrier.
Within the scope of this Citizenship Program, Republic of Turkey grants Turkish citizenship to the people who buys real estate (property) in Turkey or who invests in Turkey, without any prior residence requirement or without physical presence of the applicant during the citizenship process. Moreover, the applicant is not required to declare his/her assets or income generated in other countries in order benefit from this opportunity.
In order to be eligible for Turkish citizenship, the main criteria is to make an investment in Turkey for at least 3 years period. The most favorite option amount these options is the real estate (property)purchase option, whereby any person over 18 years old who purchases real estate (property)with a minimum value of USD 400,000 in Turkey is accepted to be eligible to apply for citizenship. The other options are making different types of investments in Turkey with a minimum amount of USD 500,000.
The citizenship process is fast and straightforward process; completed within 3-5 months in the normal circumstances, so that you may have your new passport in your hand in a short while.
In our citizenship practice, we send a checklist of required submission documents to our clients and request them to collect the official documents issued by the Public Authorities of his/her home country. Then, we get a Power of Attorney from our clients and we follow the whole citizenship process without client’s presence in Turkey on behalf of the client till the end of the process.
