Turkish Citizenship by Investment 2022, What are the requirements for getting Turkish citizenship by investing?
The investment minimum required in order to obtain Turkish citizenship by investment in real estate rose from $250,000 to $400,000 on June 13th 2022. From this point, to be able to apply to become a citizen through real estate investment the worth of the real estate(s) that you purchase must total at least $400,000.
5 Ways to Get Turkish Citizenship include:
Turkish Citizenship by Investment – Buying Property worth of 400.000$ and other 5 methods
The Company’s Registration is in Turkey & Work Permit (Calisma Izni) up to 5 years
Citizenship by Birth
Citizenship through marriage
Citizenship is obtained by purchasing property in Turkey at any value (75,000$)after 5 years
As per the law, currently, it is possible to gain Turkish citizenship through marriage, birth, paternity and through an investment in Turkey.
Turkish citizenship through the Investment Program (TCBI) launched in January 2017 caused an increase in the real estate industry, attracting foreign investors from all over the world.
Turkish citizenship allows citizens to gain access to simultaneously European and Asian markets for investors. In addition, you can obtain permanent citizenship for a country which is currently engaged in negotiation for full-membership with European Union.
Turkey allows foreign nationals to invest in various channels within the country, and to obtain the right to citizenship.
6 Alternatives of Getting Turkish Citizenship Through investment
There are six ways to attain Turkish citizenship with investments:
Turkish citizenship through an investment of 400.000 USD property
Setting up a fixed capital an investment of a minimum value of $500.000
Employing at minimum 50 employees
An amount of at least 500 thousand dollars (it may be equal to various currencies or Turkish Lira) worth of deposits to banks that operate in Turkey should be admitted.
Condition: The deposit can’t be withdrawn from the bank for three years.
A minimum amount of 500 000 USD (or equivalent to a distinct foreign currency, or Turkish Lira) Government debt must be purchased
Condition: Securities issued by the government must be held for three years.
A real property investment fund share or Venture Capital Investment Fund share that is worth at least 500 million dollars should be bought.
The condition is that participation shares must be kept for 3 consecutive years.
Turkish Citizenship through property investment – purchasing real estate in Turkey with a value of at least $400.000
The amount required for Turkish citizenship through investment in property was raised from 250,000dollars to 400,000$ following the President’s decision at the time of June 13, 2022. You can apply for citizenship using the property you have already bought. The property value you bought in the period between December 12, 2017, until September 18, 2018 is required to be at least $ 1 million. Thus, property values less than $ 1 million bought prior to this date are not sufficient for citizenship applications.
It is possible to obtain Turkish citizenship through property investments for you as well as your spouse and children younger than 18 years old, with a promise to not return it within three years. A Turkish passport is issued in 3 months.
Conditions:
The property has to be purchased in cash.
The owner of the property you’re buying must be an Turkish citizen.
The title deed must be ready.
Has no problem in terms of debt.
When you buy 2 or 3 properties, it will total $400 000 dollars. total.
Documents Required to submit Turkish Citizenship Application
Documents needed for Turkish citizenship through investment at the application stage include:
(VAT-4) Formula for Turkish citizenship application through investment. Other citizenship application forms
Population Registration Birth Certificate (For all family members)
Residence Certificate
Marriage Status Certification (Showing that the person buying the real estate on behalf of this property single, married or divorced)
Certificate of Death (If applicants are widow, this document will be pertaining to the death of spouse)
Health insurance
4 Biometric Images (Taken on a white background)
Passport
Parental Consent Letter (For children who are under the age of 18 who will receive Turkish citizenship of the applicant. This must be signed by a notary, overseas representative or the appropriate authorities of his / her country.
Note Original and Notarized Turkish Translation of above Documents
10. Authorization of Powers of Attorney (For authorization of the lawyer)
11. Certificate of Conformity
12. The Service Fee Receipt (Must be obtained from the Finance Cashier)
3 Steps of Getting Turkish Citizenship Through Investment
How do I Apply to be a Turkish Citizenship?
Three stages of obtaining Turkish Citizenship by Property Investment are:
1. Inquiring for the Certificate of Conformity
Following the transfer of Title deed was completed, A certificate of conformity sought from the General Directorate of Land Registry and Cadastre and accompanied by;
Bank transfer receipts,
Real estate valuation report for Turkish citizenship acquisition,
Annotation of “cannot sell for three years” included in the title deed/property Contract of Sale Commitment Contract.
2. Request for Turkish Residence Permit
In order to obtain a Turkey residency permit you must make an application for Provincial Migration Management with the necessary documents.
The investor is entitled to renew his or her residence permit only until their citizenship process is completed.
3. Demand for Turkish Citizenship
The application is completed through the application for Turkish citizenship by investing to the General Directorate of Population and Citizenship Affairs together with the residence permit , as well as all the documents you need prior to this step.
Following the submission, the competent authorities evaluate the application.
After the eligibility of the applicant for citizenship in Turkey is determined, it is approved by President Recep Tayyip Turkey and the Turkish naturalization process finished.
How Long Does it Take to Receive Turkish Citizenship?
How long does it take to get Turkish Citizenship by investment?
It can take anywhere from 3 to 4 months to be granted Turkish citizenship by investment in 2022 once you have made the investment and submitted your application for citizenship. It is also possible to gain Turkish Citizenship for the members of the family: spouse (wife/husband) as well as children less than 18 years old in just one week after the main applicant gained citizenship. You can also get your new Turkish Passport along with your ID right away after the process. However, the time frame could vary between one and two weeks, based on the time of appointment to apply for the Turkish passport.
The total amount for Turkish passport costs is updated to 2022.
In this case, the 6 month Passport fee will be 309.40 Turkish Liras
1-Year – 450.80 Turkish Liras
2-Year 738 Turkish Liras
3 Years – 1048.70 Turkish Liras
From 4 Years to 10 Years – 1478 Turkish Liras
Where to apply to apply for Turkish citizenship and Turkish Passport?
European Side General Directorate of Population and Citizenship Affairs | Turkish Citizenship by Investment
As of 17.12.2020, the General Directorate of Population and Citizenship Affairs moved in the Zeytinburnu district of Istanbul. You could request Turkish citizenship by investing in the new headquarters of citizenship affairs. It is possible to make an appointment for citizenship application by investing, Turkish identification card, Turkish visa, passport or driver’s licence from the General Directorate of Population and Citizenship Affairs website randevu.nvi.gov.tror.
To apply for citizenship by having lived for 5 years in Turkey in Turkey, or Turkish citizenship application through marriage You can apply for citizenship through for citizenship through the Istanbul Provincial Directorate of Population and Citizenship in Fatih district.
10 Benefits of Getting Turkish Citizenship through Investment include:
The right for residence lifetime living in Turkey
Benefit from the strong Turkish health System (free).
You can take advantage of top educational institutions (free).
The right to work and investment opportunities in Turkey without any limitations
The right to citizenship is granted to spouses and children who are less than 18 years old of the applicant
The right to obtain an E-2 Investor Visa in the USA for a five-year renewable time
All international incentives granted to Turkish citizens under multilateral or bilateral agreements, which includes but is not only the Ankara Agreement
You’ll be entitled to vote.
The Republic of Turkey allows dual citizenship benefits.
Turkish citizenship visa-free states – Turkish passport permits you the possibility of traveling to over 111 destinations without visas or an entry visa at the gate. Special passports or Service Passport holders can travel to 146 countries with the need for a visa. Nine countries grant visas at gates.
In the process of applying an application for citizenship by investment in Turkey, no one understands Turkish law rules better than Citizenship lawyers. In addition, lawyers have specialization fields in certain subjects.
Professional citizenship lawyers with the knowledge and experience in foreign national citizenship will help you navigate the right way and make your transactions easier while avoiding complicated. The only person who can assist you in obtaining Turkish citizenship is an experienced lawyer.
The Advantages that Turkish Citizenship Lawyers when applying for Citizenship
When you cooperate with lawyers for citizenship to complete your official process including your citizenship, you’ll have the following rights:
Be sure that the property you’re planning to purchase is suitable for Turkish citizenship and provides the most up-to-date information and guidelines.
The zoning status of the property, if it has a building licence, and whether there are any restrictions, foreclosures and difficult situations that affect the property.
Monitoring whether the validity of the real estate appraisal Report, which is necessary for request for Turkish citizenship. The report proves it is worth the property you purchased is at least USD 400.000.
Contacting the appropriate official institution to obtain an Residence Permit.
Offering all legal assistance for all your legal needs from the preparation of the documents required to obtain Turkish citizenship to the preparation of documents required for a Turkish passport in accordance with the rules within the Law.
Observing the process carefully until the final stage.
Other Ways to Obtain Turkish Citizenship
Turkish Citizenship by Birth
Turkish citizenship gained through birth is gained spontaneously through connection to the family or the place of birth. The citizenship acquired through birth takes effect from the moment of birth.
* In the marriage union, children born to an Turkish citizen father or mother in Turkey or elsewhere is Turkish citizen.
* Except for the union of marriage the child born to a Turkish citizenship mother with an outside father is Turkish citizen.
* Except for the marriage union, a child born of one of Turkish citizen father and a foreign mother gains Turkish citizenship, provided the laws and procedures that determine the lineage followed.
Turkish Citizenship through Marriage
Another method for foreigners to obtain Turkish citizenship is to marry. The union of a Turkish citizen doesn’t automatically entitle the person from outside to gain citizenship on their own.
Conditions for Turkish Citizenship by Marriage;
1. The person from outside must have been married to an Turkish citizen for at least 3 years. Also, continuing marriage is one of the requirements.
2. In a familial union,
3. Do not engage in any actions that are against the marriage union.
4. A lack of a situation which could create a problem to national security or public order.
Turkish Citizenship General Applications by Buying Property in Turkey at any Value (Minimum 75,000USD)
The possibility exists to get Turkish citizenship within five years, by purchasing the property of your choice, but you must pay a minimum amount of 75,000$. Foreigners who have an uninterrupted residence period in Turkey for 5 years , and who have a special residence permit for property owners can acquire Turkish citizenship by submitting a general application. You should apply for a special residence permit to immovable owners who have a title deed frequently during these five years. You shouldn’t be in Turkey for more than 12 months during the period. The Turkish Passport is valid within 3 months.
Note (Touristic or student residency permits aren’t applicable for this method to become a citizen, so be careful to apply for a residence permit with your title deed.)
Obtained Citizenship on the Decision of Competent Authority
In this manner, the citizenship application is made to foreigners who want to obtain Turkish citizenship and who have the required requirements for applying. The document is sent to the Ministry of Internal Affairs for an approval.
The necessary investigations and studies are conducted within the Ministry. After the process, people who have been deemed to be eligible for citizenship acquire Turkish citizenship through a decision of the Ministry.
Based on the examination and research the foreigner’s request that have not been approved is denied at the discretion of the Ministry.
Adoption to Citizenship as an Adoption
If a non-adult , foreigner is adopted by the Turkish citizen, the latter is eligible to obtain Turkish citizenship at the time of the adoption decision. In this scenario the person who gains Turkish citizenship must not pose an obstacle in terms of the security of the nation and public order.
Acquiring Citizenship with the Right to Pick
According to the citizenship law The law on citizenship states that a father or mother can lose Turkish citizenship for various reasons. If the father or mother have not been granted Turkish citizenship requests, their children will lose their Turkish citizenship with the consent of the other parent.
In the context of the above scenario, children who lost Turkish citizenship can gain Turkish citizenship through exercising their right to choose within three years after they become adults.