A New Horizon: Exploring Turkey’s Citizenship by Investment Program
Turkey is situated in the heart of Europe and Asia, known for its blend of historical significance and modern lifestyle. Turkey’s strategic location, vibrant culture, and impressive architecture present a remarkable destination for individuals and families looking for a diverse lifestyle. Turkey’s Citizenship by Investment program provides individuals and families the opportunity to gain Turkish citizenship alongside premium benefits.
We will review the key highlights of Turkish citizenship, its investment options, benefits, process timeline, and more assisting you to achieve a secured future with Turkey’s passport.
About Turkey
The nation of Turkey is known for its historical richness and modern living. Its geographical position alongside excellent services, makes it an outstanding destination for individuals and families interested in seeking a prosperous future. The capital city of Turkey, Ankara, is renowned as a prominent tourist destination for its museums, food, activities, and more.
About Turkey’s Citizenship by Investment Program
Turkey’s Citizenship by Investment program was founded in 2017 as a means to increase foreign investments in the country as well as allow international citizens to gain Turkish citizenship.
Since its beginning, the program has been known as one of the top choices for investors and families seeking a robust lifestyle. With the country’s growing economy, investors gain access to international markets. Turkey’s lifestyle ensures families a secure and comfortable environment that is perfect for families.
Ranked as the 46th strongest passport in the world, Turkey’s passport facilitates visa-free travel to over 115 countries around the world.
Why Turkey is an Attractive Option for Investors
Turkey’s passport stands as an attractive option for investors due to its range of benefits. Some of the top features of Turkey’s Citizenship program that make it stand out for investors are-
- Booming Real Estate: Turkey’s real estate market is rapidly growing, offering affordable properties compared to other European nations. Investors can benefit from the potential of high property appreciation, geographical location between Europe and Asia, and more.
- Business Optimization Opportunities: Turkey’s growing economy presents numerous investment opportunities such as business expansion, wealth diversification, etc, in various industries. Establishing a business is easy with high returns making investors assured of their choice.
- Access to Global Markets: Located between Europe and Asia, Turkey acts as a gateway to various international markets. Turkish citizenship enables investors to engage in global trade, access diverse market opportunities, and build their business networks.
- Secure Future for Family: The Citizenship by Investment program of Turkey allows investors to include their spouses and children, facilitating a smoother transition. Turkey offers a diverse culture, quality healthcare, and an excellent education system, making it an ideal place for families.
Key Highlights of Turkish Citizenship By Investment Program
Known for its range of benefits, Turkey’s Citizenship by Investment Program provides various advantages to individuals and families, ensuring a better future. Here are the top ten key highlights of the Turkish citizenship program given below-
- Global Flexibility Through a Strong Passport: Turkish citizenship provides visa-free travel to over 115 countries, facilitating international mobility. This allows investors and families to travel around the world seamlessly without any strict requirements.
- High Returns on Investment: Turkey’s citizenship by investment program is the only program that facilitates potential returns on investment of up to 5% on real estate investment. This enables investors to gain high returns as well as sell their owned property after a three-year holding period making it a lucrative investment.
- Eligible for an E-2 Investor Visa to the US: Turkish citizens may apply for the E-2 Investor Visa, which allows them to live, work, or study in the United States. This visa provides an excellent pathway for Turkish passport holders looking to expand their business operations or relocate to the U.S., further enhancing their global mobility and investment opportunities.
- Thriving Economy: Turkey’s growing economy offers various financial opportunities in real estate and emerging business sectors. This provides investors the chance to explore international markets and expand or establish new businesses.
- Access to Premium Services: Turkey offers accessible and high-quality healthcare and educational institutions, making it an attractive option for families. The country’s focus on public services ensures families receive a thriving and comfortable lifestyle for generations to come.
- High Quality of Life: The country showcases a rich cultural heritage, modern amenities, and a pleasant climate, ensuring a peaceful living environment for families and generations to come.
- Fast Processing time: The citizenship application process is efficient, typically taking 8 to 9 months, making it a relatively quick route to citizenship. This promises investors and families to receive second citizenship through a fast, easy, and convenient route.
- No Residency Requirements: Applicants are not required to reside in Turkey before or after obtaining citizenship, allowing for flexibility in personal and professional commitments. This allows investors and families to complete the entire process remotely as per their comfort.
- Family Inclusion: The Turkish citizenship program allows investors to include their spouse and dependent children in the application, providing a pathway for the entire family to gain citizenship and secure a bright future for the coming generations.
- Lifelong Assurance: Turkish citizenship can be passed down to future generations, providing long-term security and opportunities for families. This assurance makes Turkey an appealing option for those seeking not only short-term advantages but also a sustainable future for their children and grandchildren.
Investment Options for Turkish Citizenship by Investment Program
To acquire Turkish citizenship, applicants can invest in approved real estate projects in Turkey. This investment option offers potential returns of up to 5%, with the possibility of selling the property after a minimum holding period of three years.
The required investment amount is US $400,000 in an approved development.
Process Timeline for Obtaining Türkiye’s Citizenship
The timeline for acquiring Turkish citizenship through the Citizenship by Investment program typically ranges between 8 to 9 months, depending on various factors. Below is a detailed breakdown of the steps involved in this process:
- Client Facilitation Agreement: The process begins with signing the Client Facilitation Agreement with UNO Capital, marking the official start of your application.
- Tax Identification Number: The next step is to obtain a Tax Identification Number for the main applicant. This is essential for activities such as opening a bank account and registering for financial transactions in Turkey.
- Power of Attorney: Following the completion of the Tax Identification Number, a Power of Attorney (POA) is granted to our team of experienced organizational lawyers in Turkey, allowing them to process your application on the basis of all the requirements.
- Endorsement of POA: After establishing a bank account, your signature will be required on the POA. Our authorized lawyers will then handle property conveyance, residence permit applications, banking operations, tax obligations, citizenship applications, and other requirements if needed.
- Property Acquisition: Upon finalizing your approved real estate investment, you will proceed with the purchase of the selected property, ensuring it meets the minimum investment requirement of USD 400,000.
- Fund Transfer and Title Deed: Once the fund transfer is complete, the title deed transfer typically occurs within 14 to 21 working days.
- Approval of Residency Permit/Biometrics: The next step involves obtaining the residency permit card for Turkey. Biometrics will be collected in Turkey after which the residency permit card will be issued.
- Application Approval: Upon submission of the initial application, the citizenship process will proceed with the government conducting a comprehensive due diligence review for the applicant. Once this review is finalized, you will be required to submit your biometrics in Turkey. Following this step, you will need to wait for the final decision regarding your application.
- Obtaining Turkish Citizenship: The final step to acquiring Turkish citizenship requires the main applicant to complete address registration and biometric data collection at the nearest Turkish embassy. Once these steps are finalized, Turkish passports can be collected from the same embassy.
Turkey’s Citizenship by Investment program is a very attractive opportunity for individuals and families who are looking to not only acquire a new passport but also enjoy a new lifestyle in the country with an enormously rich history and culture.
The journey to obtain Turkish citizenship ensures lifelong benefits and prosperity. In addition, it offers a variety of investment options, strong economic prospects, and a welcoming atmosphere, making it a highly preferred choice for international investors in securing their futures.
Get in Touch
Considering embarking on the journey towards a second citizenship through investment? We’re here to guide you every step of the way. Our team of experts is just a call or an email away, ready to provide you with bespoke advice tailored to your unique needs. Reach out to us at +971 4 393 0 393 or drop us an email at info@uno-capital.com.
